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).
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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- Open an account with Charles Schwab.
- Fund your account with a minimum of $50 within 30 days of opening the account to qualify.
- 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.
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Top Comments
Based on...? Source please.
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
103 Comments
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Is it good idea to do this before account migrates ?
Anyone else in same boat?
Top brokerage firms like Vanguard, TDA, Fidelity do not charge transfer fee.
I am currently a TDA customer, but being migrated to Schwab very soon (as with many other customers).
Was much happy with TDA so far, but don't like Schwab's website or app yet, waiting to see them makeover.
Wonder your credit info has leaked and someone else used it, might want to fix that first?
Guess many banks send out confirmation mails for new account signup by USPS, can't believe you received nothing.
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Fidelity will auto sweep cash into one of several money market accounts with yield ~4.95%. You can manually sweep cash into FDLXX or buy 1 month T Bills if you want to avoid state income tax.
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Our community has rated this post as helpful. If you agree, why not thank BigBG
I did not find any way to limit information sharing(selling) from their website, and I spent 20 minutes looking.
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