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E*TRADE offers hefty bonuses to customers who transfer from other banks or brokers. Find out how much you could earn and if you qualify.
Bad timing -- we've found no up-to-date E*TRADE promos available. Good news is, you can check out top bonuses from other brokers for deals.
E*TRADE offers low fees and tons of account types. If you need it, chances are, E*TRADE has it. You can access advanced features through its popular Power E*TRADE platform. Open an E*TRADE account to trade fee-free mutual funds and do all your investing in one place.
Commission-free; other fees apply
$0
Open and fund and get up to $1,000
On E*TRADE's Secure Website.
How you earn it:
New E*TRADE customers:
Current E*TRADE customers:
How you qualify: Open a new E*TRADE Self-Directed Brokerage account. (Not a retirement account.) If you're already an E*TRADE customer, you can still earn a bonus by opening a new eligible account.
Details: The more you deposit, the more you earn. But how earnings are paid is a little different for new and existing customers. For new customers opening one account, it's straightforward.
Deposit amount | Cash bonus |
---|---|
$50 to $999 | $100 |
$1,000 to $19,999 | $150 |
$20,000 to $99,999 | $300 |
$100,000 to $199,999 | $600 |
$200,000 to $499,999 | $800 |
$500,000 to $999,999 | $1,000 |
$1,000,000 to $1,499,999 | $3,000 |
$1,500,000+ | $5,000 |
Existing customers still earn bonuses from depositing money into new accounts. Below is what you would earn for depositing into your new account.
Deposit amount | Cash bonus |
---|---|
$50 to $999 | $100 |
$1,000 to $19,999 | $150 |
$20,000 to $99,999 | $300 |
$100,000 to $199,999 | $600 |
$200,000 to $499,999 | $800 |
$500,000 to $999,999 | $800 |
$1,000,000 to $1,499,999 | $800 |
$1,500,000+ | $800 |
Existing customers can also get bonuses for depositing into existing accounts. These bonuses can be quite substantial, though they require bigger deposits. At minimum, you must deposit $500,000 across new and existing accounts to earn the additional bonus.
Deposit amount | Cash bonus |
---|---|
$500,000 | $200 |
$1,000,000 to $1,499,999 | $2,200 |
$1,500,000+ | $4,200 |
To earn the maximum $5,000 bonus, you need to deposit at least $1.5 million across your new and existing accounts. For deposits this large, E*TRADE splits the bonus between your accounts based on how much you put in each one.
For example:
The exact split of the bonus depends on how much you put in each account, but the total bonus won't go over $5,000 for deposits of $1.5 million or more."
Cash bonuses are paid to the accounts that earn the bonus. If your new account earns a $100 bonus, E*TRADE credits that $100 to your new account. If your old account earns a $200 bonus, E*TRADE credits that $200 to your old account.
FYI, any money you shuffle between accounts doesn't count toward this promo. Deposits must come from outside E*TRADE.
Offer expires: July 31, 2024
Online brokers frequently update promos, so check in every so often. We keep track of the latest E*TRADE promotions here.
The E*TRADE deposit bonus is worth considering if you like what the broker has to offer investors. This broker is known as a one-stop shop for investing. If you like low fees and mutual funds, it could be worth opening an account. E*TRADE's deposit bonus is generous compared to its competitors'. See the best brokerage promos to do your own comparisons.
We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2024.
New customers: You get your cash bonus within seven business days of your first deposit. If you deposit more within the 60 days, qualifying for more cash, you get it at the end of the 60 days.
Current customers: You get your cash bonus by the end of the 60 days.
You can only get the E*TRADE Brokerage Account Bonus once. But you can make multiple deposits during the 60-day promo period to hit higher reward tiers.
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Robinhood disclosure
All investments involve risk and loss of principal is possible.
Securities are offered through Robinhood Financial LLC, member FINRA/SIPC. Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected. For more information see the Robinhood Crypto Risk Disclosure.
Trades of stocks, ETFs and options are commission-free at Robinhood Financial LLC. Other fees may apply. Please see Robinhood Financial’s Fee Schedule to learn more.
Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities available through Robinhood are eligible for fractional share orders. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.
Robinhood Gold is an account offering premium services available for a $5 monthly fee. Not all investors will be eligible to trade on Margin. Margin investing involves the risk of greater investment losses. Additional interest charges may apply depending on the amount of margin used. Bigger Instant Deposits are only available if your Instant Deposits status is in good standing.
E*TRADE services are available just to U.S. residents.
E*TRADE services are available just to U.S. residents.