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frontpage Posted by devilZ • Apr 2, 2024
frontpage Posted by devilZ • Apr 2, 2024

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

for 5x S&P 500 Stock Slices

$101 Cash Bonus

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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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Top Comments

jennfior
180 Posts
22 Reputation
"Charles schwab is like silicon valley bank with outdated investment strategy which can collapse anytime"

Based on...? Source please.
eric_cartman
1262 Posts
211 Reputation
What a bunch of nonsense.
Wulfrax
1224 Posts
330 Reputation
From the terms, just for everyones awareness:
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.

103 Comments

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Apr 8, 2024
140 Posts
Joined Mar 2021
Apr 8, 2024
CyanLeopard7900
Apr 8, 2024
140 Posts
Sucks this isn't offered on custodial accounts.
Apr 9, 2024
1,224 Posts
Joined Nov 2011
Apr 9, 2024
Wulfrax
Apr 9, 2024
1,224 Posts
Quote from keep-them-coming :
I know. It was stupid lol

I hated it too.

I called in and now I am able to login.

I still can't fund because they have some issues (forgot the exact error message).

Will try again tomorrow to fund money.
Bruh. Making this free account literally turned me off to Schwab entirely.

I've had the account for 5 days now.

Every time I try to login, it forced me to CALL them and wait on hold for a special security code.

For 5 entire business days I cannot connect an external bank account to fund anything. It simply says "Technical Error, please try again later or call us". I caved and called them twice. Today they said idk your account looks fine. They gave me the phone number to a 3rd party they use to do bank account verification. I call this other place, and there is a voicemail message that says they are overwhelmed with calls and to try again at a later time.

R—I—D—I—C—U—L—O—U—S

Login issues. Constantly need to call Schwab. Uses 3rd parties for core pieces of their website.

Nah. Total garbage company. Would never ever trust my money with them.
Apr 9, 2024
1,300 Posts
Joined Jul 2010
Apr 9, 2024
saveyourself
Apr 9, 2024
1,300 Posts
Cancelled 5 slice orders, though I only got $76.76 added. Put it in SWVXX for now
Apr 9, 2024
1,072 Posts
Joined Sep 2017
Apr 9, 2024
Vice_Monkey
Apr 9, 2024
1,072 Posts
Cancelled my orders last night. Have 151 in my account, will only let me transfer out 101, due to some hold on the original 50 that hopefully will be released soon.
Apr 9, 2024
512 Posts
Joined Oct 2007
Apr 9, 2024
stingtime
Apr 9, 2024
512 Posts
Does anyone know if 13 year old can open an account?
Pro
Apr 9, 2024
2,686 Posts
Joined Sep 2011
Apr 9, 2024
E4300
Pro
Apr 9, 2024
2,686 Posts
Quote from Wulfrax :
Bruh. Making this free account literally turned me off to Schwab entirely.

I've had the account for 5 days now.

Every time I try to login, it forced me to CALL them and wait on hold for a special security code.

For 5 entire business days I cannot connect an external bank account to fund anything. It simply says "Technical Error, please try again later or call us". I caved and called them twice. Today they said idk your account looks fine. They gave me the phone number to a 3rd party they use to do bank account verification. I call this other place, and there is a voicemail message that says they are overwhelmed with calls and to try again at a later time.

R—I—D—I—C—U—L—O—U—S

Login issues. Constantly need to call Schwab. Uses 3rd parties for core pieces of their website.

Nah. Total garbage company. Would never ever trust my money with them.
Management at Schwab is clueless when it comes to good customer service. Why must all TDA customers create a new log in ID and password? Greedy Schwab pays you virtually nothing in the sweep money market account. The transition from TDA to Shwab is an ongoing mess...three years after the merger.

My TDA SEP IRA was pushed out to Schwab last year. Reason...we no longer want to maintain SEP at TDA. No problemo...Fidelity gladly accepted the $, and deposited $1000 bonus to the account.
Last edited by E4300 April 9, 2024 at 12:56 PM.
Apr 10, 2024
505 Posts
Joined Dec 2011
Apr 10, 2024
keep-them-coming
Apr 10, 2024
505 Posts
Not able to add external bank account to fund the account. It gives a technical error for last 5-6 days now. Add account number, routing number etc. & when I hit submit, it gives error "this feature is temporarily unavailable. Please try again later". Just talked to someone and they said they are aware of the issue and trying to fix it. So stupid and waste of time. Deleting my account now 😁

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Apr 10, 2024
3 Posts
Joined Sep 2021
Apr 10, 2024
BeigeShow5051
Apr 10, 2024
3 Posts
Quote from gcrack :
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.
It doesn't two days later unless you withdrawal the money
Apr 10, 2024
294 Posts
Joined Oct 2003
Apr 10, 2024
Theresa
Apr 10, 2024
294 Posts
I deposited $50 last Weds and got my $101 in stock slices today. This offer is, indeed, legit.
Apr 10, 2024
1,737 Posts
Joined May 2009
Apr 10, 2024
khalid7412002
Apr 10, 2024
1,737 Posts
anyone know any good resources for getting kids under 18 started with investing and as well young adults around 20 years old?

I want to help get my nieces and nephews started early with investing, compound interest and all that
Apr 12, 2024
279 Posts
Joined Feb 2014
Apr 12, 2024
slickdicks
Apr 12, 2024
279 Posts
My account is still locked after calling 3 days ago. I told the rep I use a VPN and he said that's what must have caused the fraud alerts. He said it triggered all kinds of fraud alerts. I'm closing the account and running if I ever get the $101.
1
Original Poster
Apr 12, 2024
149 Posts
Joined May 2009
Apr 12, 2024
devilZ
Original Poster
Apr 12, 2024
149 Posts
Quote from khalid7412002 :
anyone know any good resources for getting kids under 18 started with investing and as well young adults around 20 years old?

I want to help get my nieces and nephews started early with investing, compound interest and all that
Lots of resources out there. You could browse here to learn about any topic. https://www.fidelity.com/learning...bout-money
Original Poster
Apr 12, 2024
149 Posts
Joined May 2009
Apr 12, 2024
devilZ
Original Poster
Apr 12, 2024
149 Posts
Quote from stingtime :
Does anyone know if 13 year old can open an account?
They are under 18 so won't be able to open an account by themselves. You could open a custodial account for them, but I don't think that's one of the qualified accounts for the bonus...please double check the terms in case I have misread it.
Apr 13, 2024
420 Posts
Joined Jun 2019
Apr 13, 2024
CleverChicken951
Apr 13, 2024
420 Posts
Quote from E4300 :
Management at Schwab is clueless when it comes to good customer service. Why must all TDA customers create a new log in ID and password? Greedy Schwab pays you virtually nothing in the sweep money market account. The transition from TDA to Shwab is an ongoing mess...three years after the merger.

My TDA SEP IRA was pushed out to Schwab last year. Reason...we no longer want to maintain SEP at TDA. No problemo...Fidelity gladly accepted the $, and deposited $1000 bonus to the account.
Tried this
But appears promotions run only during Fall, Aug or after

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Apr 13, 2024
420 Posts
Joined Jun 2019
Apr 13, 2024
CleverChicken951
Apr 13, 2024
420 Posts
Quote from CleverChicken951 :
Bonus not credited for 4 business days, they tell me promo code not input at account opening, weird. It cannot happen when link is followed and certain to have seen it apply.
Anyone else in same boat?
After calling customer service, they logged a case, researched and finally bonus seen in the account

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