Get a $100 bonus with an Ameritrade account
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If you don’t yet have an Ameritrade account and are interested in opening one, you can get a $100 bonus with the Save Yourself offer from Suze Orman. Basically, if you depost at least $50 per month for 12 months and don’t take the money out, at the end of the 12 months Ameritrade will give you $100. You’ll need the offer code 701 to get the deal. The offer is geared toward women (because the book is) but it looks like men can take advantage of it too. The fine print on the offer reads:
Offer valid for one new TD AMERITRADE account opened between 2/27/07 and 3/31/08, and funded by 12 monthly consecutive automatic electronic deposits of $50 or more. First $50 must be deposited within 30 days of opening account. To be eligible, you must be a U.S. resident aged 18 or older. Accounts will be reviewed 12 months from date of first qualified deposit to determine eligibility for offer. Should you need to withdraw the money prior to the twelve-month commitment, you may withdraw all of your deposits plus interest earned. However you will forfeit the $100 bonus. Account must remain open with minimum funding requirements for 12 months in order to receive the $100 cash deposit. If deposit requirements have been met, please allow 4 weeks for $100 cash deposit to post to account. Not all financial institutions participate in the electronic transfer of funds. Please contact your financial institution for more information. Offer is not transferable and not valid with internal transfers, current TD AMERITRADE accounts, or other offers. Limit one offer per client. Taxes related to TD AMERITRADE offers are your responsibility. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Random House, Inc. does not endorse, is not associated with, and has no responsibility for the TD AMERITRADE offer.
I opened my account this week. I chose the “cash” option, and intend to just send my $50 per month to them and collect the interest and the bonus. I did ask Ameritrade about trades, out of curiousity, and their prices are a little too steep for me. Although, maybe they are normal. Since I’ve never done any trading, I wouldn’t know.




June 20th, 2007 at 10:44 am
Ok Im interested in this.
Do they do a hard credit pull to open the account?
Is this FDIC insured?
And What interest rate does you money earn while in there? Any minimium balance?
Thanks bm.
June 20th, 2007 at 12:10 pm
I don’t believe that they do a hard credit pull — or at least I haven’t gotten notice from my credit monitoring service about them having done so. You can call them at 866-834-2538 to ask for sure though.
This is what I found in their fine print regarding the FDIC:
Cash in an MMDA is held at TD Bank USA, N.A. and is insured by the FDIC…
The APY was 4.59% as of February; it might be different now.
You must have $50 per month automatically deposited AND leave it in there the entire year to get the $100, so essentially yes there is a minimum balance.
I called the number before opening mine to ask about fees on closing the account, and they said that as long as you close the account and have a check sent straight to you there are no fees. If you do it any other way, then there are fees.
June 20th, 2007 at 12:56 pm
Thanks bluntmoney!
I just signed up!
October 12th, 2007 at 10:29 am
I talked to a representative today from TDAmeritrade and your minor children can also open this account, with you as a custodian. Just transfer funds from their savings into the TDAMeritrade account–and they will get a $100 bonus! Think I will talk to my kids about opening one up for them. Just thought I would share.