E*TRADE: $3,500 Brokerage Bonus

Get up to a $3,500 bonus with the latest E*TRADE promotion. Simply open and fund a new brokerage or retirement account and receive a cash bonus based on your total deposit amount.

There’s an offer for existing customers too where they can earn a bonus by opening a new account or funding an existing account.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

About E*TRADE

E*TRADE is one of the most established stock brokerages, offering the ability to trade stocks, options, ETFs, mutual funds, futures, and Forex.

It pioneered online stock trading in 1992 and was the first brokerage account I opened (during my high school days). Back then, E*TRADE didn’t incentivize new users to open an account, but that has all changed now as they try to get people to switch to their investing platform.

E*TRADE Promotions

Offer #1: E*TRADE Brokerage Bonus (Up to $3,500)

Open a new E*TRADE brokerage account using the promo code PROMO23 and get a cash credit up to $3,500. Offer valid for new customers opening an eligible brokerage account by 12/31/2023.

Deposit AmountCash Credit
$10,000 – $19,999$50
$20,000 – $49,999$100
$50,000 – $99,999$200
$100,000 – $199,999$300
$200,000 – $499,999$600
$500,000 – $999,999$1,200
$1,000,000 – $1,499,999$2,500
$1,500,000$3,500

How To Get E*TRADE Brokerage Bonus:

  1. Open a new E*TRADE brokerage account using code PROMO23.
  2. Fund your account within 60 days of opening an account.
  3. Receive a cash credit within seven business days following the end of the 60-day funding period.

Brokerage Offer Terms & Conditions:

  • New Customers: These rules strictly apply to customers who are opening one new E*TRADE brokerage (non-retirement) account, do not have an existing E*TRADE account and do not open any other new E*TRADE accounts for 60 days after enrollment in this offer. For other circumstances, please refer to the “Existing Customers or New Customers Opening More than One Account” disclosures.
  • Reward tiers will be paid within seven business days following the expiration of the 60 day period. However, if you deposit $200,000 or more, you will receive a cash credit within seven business days, followed by any additional reward based on your fulfillment tier at the expiration of the 60 day period.
  • If you have deposited at least $200,000 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 $250,000, you will receive a cash credit of $600 within seven business days, then if you deposit an additional $300,000 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 between $200,000 and $1,499,999 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 $1,500,000 or more in your new account, you will receive two cash credits that will total $3,500 within seven business days. Cash credits will be paid to the account where the deposit is made.
  • Existing customers or new customers opening more than one account: If you have an existing E*TRADE account and enroll in this offer by opening a new account or are a new customer who then opens one or more new accounts within 60 days of enrolling in this offer, different rules apply. Reward tiers under $200,000 ($5,000-$19,999; $20,000-$49,999; $50,000-$99,999; $100,000-$199,999) will be paid per the “new account” column denoted below following the expiration of the 60 day period.
  • In addition, if you deposit $500,000 or more into your new account, then deposits made in eligible linked accounts during the 60 day period funds will be aggregated for purposes of the reward and the credits will be paid pro-rata to all accounts where deposits were made during the 60 day period. For example, if you have deposited $500,000 in your new account during the 60 day period, and during the same period you deposited $500,000 into another eligible account you have linked to the account you will receive $600 in your new account and $600 into the other eligible account. Your reward will be paid within seven business days following expiration of the 60 day period.

Expired Promotions

Previous Offer #1: E*TRADE Retirement Bonus (Up to $3,500)

New users who open and fund a new retirement account can receive a cash credit of up to $3,500 based on qualified deposits. The cash credit amount is based on the total you deposit in cash or securities within 60 days of account opening:

Deposit AmountBonus Amount
$5,000 – $24,999$100
$25,000 – $99,999$200
$100,000 – $199,999$500
$200,000 – $499,999$1,000
$500,000 – $999,999$1,800
$1,000,000$3,500

This offer is valid for new customers who are opening a new E*TRADE retirement account, do not have an existing E*TRADE account, and do not open a new E*TRADE account for 60 days after enrollment in this offer.

The Bottom Line

These Etrade promos are the best brokerage and retirement bonuses available. It’s extremely competitive compared to other very nice ones like Charles Schwab because of the additional bonus tiers for higher deposits.

I’ll include this brokerage bonus in the list of the best bank offers.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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