As savvy investors we know a good deal when we see one and that’s why I’m really impressed that TD Ameritrade has decided to put their money where their mouth is by offering a fantastic deal. Now when you join TD Ameritrade you trade free for 60 days + Get up to $600 but only if you click here or click the banner below.
So far this offer is the best broker promotion that we have going, just edging out the ETrade Promotion of up to $500 back.
Those of you who stuck around to this point might be interested in some details on how the $600 back works. First it’s tiered so the more you deposit the more you get back (as I’m sure you already assumed). So here’s a little about how it works (if you want more info please visit the TD Ameritrade page for full details).
The Basic Promotion Summary
- Valid for new accounts opened before 2/29/2012 only
- The 60 days worth of trades are always included as long as you deposit $2,000 or more
- Deposit $25,000 to $99,999 get $100 back
- Deposit $100,000 to $249,999 get $300 back
- Deposit $250,000 or more get $600 back
I mentioned that this is for new accounts only, though there is a mention in the fine print that the offer is only valid for new individual, joint or IRA accounts, so if you have one of these accounts and are planning to open up a second you may want to check with them to see if you qualify on the new account. I’m not sure if it that would be valid or not though so again, check with them first (can’t hurt to try though right?)
If you think you qualify for any of these offers you get 60 days to fund the account to the levels mentioned in the summary above. So if you want the full $600 back promotion you need to make sure your $250k is deposited within 60 days or you may lose it (figuratively and literally). You’ll still get your 60 days of free trades though (once you fund your account that is).