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devilZ 99.6K Views
Apr 2, 2024 12:00 AM

Charles Schwab Starter Kit Offer: New Investors Open/Fund Account w/ $50+, Get

$101 Cash Bonus

for 5x S&P 500 Stock Slices
Get Deal at Retailer
Good Deal?
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Deal Details
Charles Schwab offers New Schwab Investors: Charles Schwab Investing 101 Starter Kit when you open a Schwab account and fund the account with a minimum of $50 (within 30 days), get $101 cash bonus to purchase stock slices (fractional shares of the top five stock by market cap in the S&P 500).
  • Note: Offer is valid for new Schwab Members only who enroll/fund their accounts w/ a minimum of $50 to receive $101 in cash bonus to purchase stock slices. Fractional share (stock slice) is when you own less than one whole share of a company.
 Thanks to community member devilZ for finding this deal.

Deal Instructions
  1. Open an account with Charles Schwab.
  2. Fund your account with a minimum of $50 within 30 days of opening the account to qualify.
  3. Once funded/verified, Charles Schwab will deposit $101 in cash bonus to your account to purchase your stock slices.
Schwab Starter Kit
  • $101 of Schwab Stock Slices: Get $101 and an easy way to buy fractional shares of the top five stock by market cap in the S&P 500
    • Note: Top five stocks will change from time to time. Fractional share (stock slice) is when you own less than one whole share of a company.
  • Investing Education: Unlock short videos and step-by-step guides to get the 101 on investing.
  • Tools and Resources: Easy-to-use tools and budget planners, plus investment professionals on standby 24/7 if you ever have a question.

Editor's Notes

Written by megakimcheelove | Staff
  • See full Terms & Conditions here 
  • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion. 

Original Post

Written by devilZ
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Charles Schwab offers New Schwab Investors: Charles Schwab Investing 101 Starter Kit when you open a Schwab account and fund the account with a minimum of $50 (within 30 days), get $101 cash bonus to purchase stock slices (fractional shares of the top five stock by market cap in the S&P 500).
  • Note: Offer is valid for new Schwab Members only who enroll/fund their accounts w/ a minimum of $50 to receive $101 in cash bonus to purchase stock slices. Fractional share (stock slice) is when you own less than one whole share of a company.
 Thanks to community member devilZ for finding this deal.

Deal Instructions
  1. Open an account with Charles Schwab.
  2. Fund your account with a minimum of $50 within 30 days of opening the account to qualify.
  3. Once funded/verified, Charles Schwab will deposit $101 in cash bonus to your account to purchase your stock slices.
Schwab Starter Kit
  • $101 of Schwab Stock Slices: Get $101 and an easy way to buy fractional shares of the top five stock by market cap in the S&P 500
    • Note: Top five stocks will change from time to time. Fractional share (stock slice) is when you own less than one whole share of a company.
  • Investing Education: Unlock short videos and step-by-step guides to get the 101 on investing.
  • Tools and Resources: Easy-to-use tools and budget planners, plus investment professionals on standby 24/7 if you ever have a question.

Editor's Notes

Written by megakimcheelove | Staff
  • See full Terms & Conditions here 
  • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion. 

Original Post

Written by devilZ

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103 Comments

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Apr 2, 2024 11:58 PM
142 Comments
Joined Dec 2018
FanFanFan1Apr 2, 2024 11:58 PM
142 Comments
Quote from Mishya View quoted comment :
Can I have this account with an investor checking account? I want to have their ATM fee reimbursed ATM card. TIA.
I'm also curious to know the answer
Apr 3, 2024 12:24 AM
104 Comments
Joined Nov 2012
Nolimit167Apr 3, 2024 12:24 AM
104 Comments
Quote from EfficientKite View quoted comment :
You have to wait 2-3 business days before trying to transfer funds. You have 30 days to complete the $50 deposit to earn $101.
Ah ok thanks ! I tried it again but selected deposit date of 4/6 and that worked !
Apr 3, 2024 1:50 AM
1K Comments
Joined Jan 2008
Armaan1Apr 3, 2024 1:50 AM
1K Comments
Schwabs app and site suck compared to TD Ameritrade. Eye-watering downgrade for existing TDA clients.
1
5
Apr 3, 2024 1:59 AM
1.4K Comments
Joined Nov 2011
WulfraxApr 3, 2024 1:59 AM
1.4K Comments

Our community has rated this post as helpful. If you agree, why not thank

From the terms, just for everyones awareness:
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
2
1
Apr 3, 2024 2:01 AM
1.1K Comments
Joined Oct 2009
enforcer2133Apr 3, 2024 2:01 AM
1.1K Comments
Quote from Mishya View quoted comment :
Can I have this account with an investor checking account? I want to have their ATM fee reimbursed ATM card. TIA.
I believe that's how I signed up. Got the ATM/debit card and fees are waived. Got the stock and profited, also.
Apr 3, 2024 2:22 AM
471 Comments
Joined Jun 2019
CleverChicken951Apr 3, 2024 2:22 AM
471 Comments
Quote from Wulfrax View quoted comment :
From the terms, just for everyones awareness:
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
Typical with any new account signup bonus, nothing new.
Apr 3, 2024 2:23 AM
471 Comments
Joined Jun 2019
CleverChicken951Apr 3, 2024 2:23 AM
471 Comments
Quote from Armaan1 View quoted comment :
Schwabs app and site suck compared to TD Ameritrade. Eye-watering downgrade for existing TDA clients.
Cannot agree more, hoping for those to catch-up soon!
1

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Apr 3, 2024 10:54 AM
23 Comments
Joined Feb 2023
ScarletMustang4542Apr 3, 2024 10:54 AM
23 Comments
Quote from gcrack View quoted comment :
My bonus was not placed as a fractional order for those top 5 stocks but just deposited in the account. Dunno if something was just missed but either way, it did come through and it did give me the money.
Same thing happened with me. Never got the slices, but got the $101. Opened last year for same promo.
Apr 3, 2024 1:09 PM
10 Comments
Joined Jul 2020
JollyBanana2146Apr 3, 2024 1:09 PM
10 Comments
Their trading app sucks .. it is not at all user friendly
Apr 3, 2024 1:16 PM
10 Comments
Joined Jul 2020
JollyBanana2146Apr 3, 2024 1:16 PM
10 Comments
Quote from Nolimit167 View quoted comment :
Tried to deposit $50 but met with "This feature is temporarily unavailable. Please try again later.
Trading app also have lot of security flaws. Plus its highly unethical company. Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime
6
Apr 3, 2024 2:48 PM
7 Comments
Joined Apr 2017
Aurum_AlchemistApr 3, 2024 2:48 PM
7 Comments
Quote from JollyBanana2146 View quoted comment :
Trading app also have lot of security flaws. Plus its highly unethical company. Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime
we are just here for the $101-tax bonus. CS can collapse all they want after the bonus is deposited. they do have great debit card for travelling that waived all atm/foreign fees.
1
Apr 3, 2024 3:00 PM
1.1K Comments
Joined Dec 2011
OlafurApr 3, 2024 3:00 PM
1.1K Comments
Quote from Aurum_Alchemist View quoted comment :
they do have great debit card for travelling that waived all atm/foreign fees.
Please correct me if I'm wrong but I think that debit card is only for Schwab Bank, not Schwab Brokerage. This deal is for Schwab Brokerage, which provides a different debit card without that benefit. Is that correct?

Edit: Actually, the Schwab Brokerage may have the same benefits after all...
Last edited by Olafur April 15, 2024 at 05:35 AM.
Apr 3, 2024 4:07 PM
2K Comments
Joined Sep 2014
bootymongerApr 3, 2024 4:07 PM
2K Comments
If you are moving big bucks into Schwab (you can buy T-bills thru them if you aren't into stocks), they have their potentially larger new customer referral bonus depending on how much to move there within 45 days (don't ask me for a referral code or link b/c that's against SD policy even tho the person sharing the code gets nothing):

https://www.schwab.com/refer-a-friend
Apr 3, 2024 4:12 PM
2.1K Comments
Joined Sep 2022
norcal007Apr 3, 2024 4:12 PM
2.1K Comments
Quote from Armaan1 View quoted comment :
Schwabs app and site suck compared to TD Ameritrade. Eye-watering downgrade for existing TDA clients.
I moved all my $ to Schwab 4 years ago and have been very pleased. The use any ATM no fee is bonus. I also use Schwab Bank and it's been good.

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Apr 3, 2024 4:17 PM
2.1K Comments
Joined Sep 2022
norcal007Apr 3, 2024 4:17 PM
2.1K Comments
Quote from JollyBanana2146 View quoted comment :
Trading app also have lot of security flaws. Plus its highly unethical company. Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime
LOL..what makes them unethical? Is it because you don't like the fact that Mr Schwab is not a biden supporter?
11

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