expiredBelaybles posted Aug 09, 2024 11:39 PM
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expiredBelaybles posted Aug 09, 2024 11:39 PM
Open Tastytrade Brokerage, get up to $5,000 for transferring account
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Deal Details
I've been playing the new account bonus game for decades; this is the best bonus I've ever seen.
https://support.tastytr
New customers who open and fund a tastytrade account with $2,000 or more in cash or by an account transfer (ACATS) [*edit* including the value of securities in the transfered accounts, confirmed by Tastytrade] and enter MYNEWBONUS into their referral code field when initially registering with tastytrade will receive a cash bonus. The bonus amount is dependent on the initial funding amount. There is a 12-month withdrawal hold on the initial funding amount to retain the cash bonus. You can find each tier's funding threshold and resulting payout in the table below.
Deposited Funds Cash Bonus
$2,000-$4,999 $50
$5,000-$24,999 $100
$25,000-$99,999 $500
$100,000-$249,999 $2,000
$250,000 - $499,999 $3,000
$500,000 - $999,999 $4,000
$1,000,000+ $5,000
There isn't actually a place to enter the promotion code until the account registration is complete; then it's entered in the Manage/Summary tab as shown here [tastytrade.com]before transferring in the other account.
Separately, Robinhood Gold will give you 1% bonus (paid over two years) on all cash deposits in any account (and all securities transferred into an IRA only). So you may do best separately transferring your cash and stock to these two brokerages separately.
https://support.tastytr
New customers who open and fund a tastytrade account with $2,000 or more in cash or by an account transfer (ACATS) [*edit* including the value of securities in the transfered accounts, confirmed by Tastytrade] and enter MYNEWBONUS into their referral code field when initially registering with tastytrade will receive a cash bonus. The bonus amount is dependent on the initial funding amount. There is a 12-month withdrawal hold on the initial funding amount to retain the cash bonus. You can find each tier's funding threshold and resulting payout in the table below.
Deposited Funds Cash Bonus
$2,000-$4,999 $50
$5,000-$24,999 $100
$25,000-$99,999 $500
$100,000-$249,999 $2,000
$250,000 - $499,999 $3,000
$500,000 - $999,999 $4,000
$1,000,000+ $5,000
There isn't actually a place to enter the promotion code until the account registration is complete; then it's entered in the Manage/Summary tab as shown here [tastytrade.com]before transferring in the other account.
Separately, Robinhood Gold will give you 1% bonus (paid over two years) on all cash deposits in any account (and all securities transferred into an IRA only). So you may do best separately transferring your cash and stock to these two brokerages separately.
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
I've been playing the new account bonus game for decades; this is the best bonus I've ever seen.
https://support.tastytr
New customers who open and fund a tastytrade account with $2,000 or more in cash or by an account transfer (ACATS) [*edit* including the value of securities in the transfered accounts, confirmed by Tastytrade] and enter MYNEWBONUS into their referral code field when initially registering with tastytrade will receive a cash bonus. The bonus amount is dependent on the initial funding amount. There is a 12-month withdrawal hold on the initial funding amount to retain the cash bonus. You can find each tier's funding threshold and resulting payout in the table below.
Deposited Funds Cash Bonus
$2,000-$4,999 $50
$5,000-$24,999 $100
$25,000-$99,999 $500
$100,000-$249,999 $2,000
$250,000 - $499,999 $3,000
$500,000 - $999,999 $4,000
$1,000,000+ $5,000
There isn't actually a place to enter the promotion code until the account registration is complete; then it's entered in the Manage/Summary tab as shown here [tastytrade.com]before transferring in the other account.
Separately, Robinhood Gold will give you 1% bonus (paid over two years) on all cash deposits in any account (and all securities transferred into an IRA only). So you may do best separately transferring your cash and stock to these two brokerages separately.
https://support.tastytr
New customers who open and fund a tastytrade account with $2,000 or more in cash or by an account transfer (ACATS) [*edit* including the value of securities in the transfered accounts, confirmed by Tastytrade] and enter MYNEWBONUS into their referral code field when initially registering with tastytrade will receive a cash bonus. The bonus amount is dependent on the initial funding amount. There is a 12-month withdrawal hold on the initial funding amount to retain the cash bonus. You can find each tier's funding threshold and resulting payout in the table below.
Deposited Funds Cash Bonus
$2,000-$4,999 $50
$5,000-$24,999 $100
$25,000-$99,999 $500
$100,000-$249,999 $2,000
$250,000 - $499,999 $3,000
$500,000 - $999,999 $4,000
$1,000,000+ $5,000
There isn't actually a place to enter the promotion code until the account registration is complete; then it's entered in the Manage/Summary tab as shown here [tastytrade.com]before transferring in the other account.
Separately, Robinhood Gold will give you 1% bonus (paid over two years) on all cash deposits in any account (and all securities transferred into an IRA only). So you may do best separately transferring your cash and stock to these two brokerages separately.
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18 Comments
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I have realized it is possible to interpret the terms of bonus offer to apply to transfers of accounts filled with cash only, as opposed to transfers of accounts filled with securities. The former is a significantly worse offer. I have reached out to tasty trade to learn their interpretation.
I also read it as saying if you take any money out, you lose the entire bonus.
Those two terms made me distinctly not interested. I will take some cash out of my brokerage account - not most of it, but some.
I also read it as saying if you take any money out, you lose the entire bonus.
Those two terms made me distinctly not interested. I will take some cash out of my brokerage account - not most of it, but some.
I could totally see depositing $100k and parking it in a one-year treasury, corporate bond, or brokered CD for the 2% rate boost. It's not worth breaking my current CDs to do it though.
$50/$2000 = 2.5%
$100/$5000 = 2%
$500/$25,000 = 2%
$2k/$100k = 2%
$3k/$250k = 1.2%
$4k/$500k = 0.8%
$5k/$1M = 0.5%
I have a little over 100k in corporate and municipal bonds. Thinking of jumping on this for the extra $2k.
Id save the stocks and cash in my brokerage account for a better deal. Still hoping Merrill brings back $1000 on $250k.
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I also read it as saying if you take any money out, you lose the entire bonus.
Those two terms made me distinctly not interested. I will take some cash out of my brokerage account - not most of it, but some.
Note that TT will charge one penny even if you sold one share of stock. The TT trading platform is fast, but changing open order is limit to price only.
I have a little over 100k in corporate and municipal bonds. Thinking of jumping on this for the extra $2k.
Id save the stocks and cash in my brokerage account for a better deal. Still hoping Merrill brings back $1000 on $250k.
I didn't sell any securities, so no captal gain.
But, I fully expect a 1099 coming for the $2000 bonus.
Happy with that.
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