How our offer works

Get $600 when you open a new account with $250,000.
Or add even more for up to $2,500

Use code: BONUS20
E*TRADE credits and offers may be subject to U.S. withholding taxes and reporting at retail value. Taxes related to these credits and offers are the customer’s responsibility.

Offer details:

Offer valid for new E*TRADE Securities customers opening one new eligible retirement or brokerage account by 12/31/2020 and funded within 60 days of account opening with $5,000 or more. Offer excludes any customers with existing E*TRADE Securities accounts or accounts with other E*TRADE affiliates. Promo code 'BONUS20' can only be used once per person for one account.

Receive Deposit or Transfer
$25 $5,000–$9,999
$50 $10,000–$24,999
$200 $25,000–$99,999
$300 $100,000–$249,999
$600 $250,000–$499,999
$1,200 $500,000–$999,999
$2,500 $1,000,000+

How it works:

  1. Open a new eligible E*TRADE brokerage or retirement account.
  2. Enter promo code ‘BONUS20’ when opening the new account.
  3. Fund your new account within 60 days of account opening. Cash credits will be granted based on deposits of new funds or securities from external accounts made within 60 days of account opening.

Offer limitations:

This offer is not valid for business, unincorporated organization, E*TRADE Futures, E*TRADE Capital Management, E*TRADE Bank, E*TRADE Savings Bank accounts, or select retirement accounts including SEP IRA, SIMPLE IRA, retirement accounts for minors, profit sharing plan, money purchase pension plan, or investment only noncustodial retirement plan. Excludes current E*TRADE and Morgan Stanley employees , including any subsidiaries thereof, non-U.S. residents, and any jurisdiction where this offer is not valid. You must be the original recipient of this offer to enroll. This offer does not apply to any linked or secondary accounts. Customers may only be enrolled in one offer at a time. One offer per customer at a time. Cannot be combined with any other offers.

Cash bonus:

Reward tiers ($5,000-$9,999; $10,000-$24,999; $25,000-$99,999; $100,000-$249,999; $500,000-$999,999) will be paid following the expiration of the 60-day period.  However, if you deposit $250,000-$499,999, you will receive a cash credit within seven business days. If you have deposited at least $250,000 in the new account, and you make subsequent deposits in that account to reach a higher tier, you will receive a second cash credit following the close of the 60-day window. For example, if you deposit $300,000, you will receive a cash credit of $600 within seven business days, then if you deposit additional  $200,000 into your new account, you will receive an additional cash credit of $600 at the end of the 60-day window for a total reward of $1,200. If you deposit $500,000 or more, in your new account you will receive a cash credit in two transactions at the end of the 60-day window—depending on your initial funding amount.  If you deposit $1,000,000 in your new account, you will receive two cash credits that will total $2,500 within seven business days.

Other rules:

New funds or securities must be deposited or transferred within 60 days of enrollment in offer, be from accounts outside of E*TRADE, and remain in the account (minus any trading losses) for a minimum of twelve months or the cash credit(s) may be surrendered. Removing any deposit or cash during the promotion period (60 days) may result in lower reward amount or loss of reward. E*TRADE Securities reserves the right to terminate this offer at any time.

If you are attempting to enroll in this offer with a Joint Account, the primary account holder may have to fulfill at the tiers noted before the secondary account holder can enroll in this offer. If you experience any issues when attempting to enroll with a Joint Account, please contact us 800-387-2331 (800-ETRADE-1) and we will be able to assist you with your enrollment.

This offer neither is, nor should be construed as a recommendation or solicitation to buy, sell, or hold any security, financial product or instrument or to open a particular account or engage in any specific investment strategy.

Before deciding whether to retain assets in a retirement plan account through a former employer, or roll them over to an IRA, an investor should consider various factors including, but not limited to, investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions, and possession of employer stock. For additional information, view the FINRA Investor Alert.