E*TRADE IRA Promotion
E*TRADE IRA Promo Code
If you're thinking about opening a new brokerage account, E*TRADE could be a good option. This
popular broker is offering a cash bonus of up to $10,000 for new customers! To earn the full amount, a large deposit is required, but their tiered rewards system means accounts of all sizes can benefit. Keep reading for more details.
E*TRADE IRA Bonus Details
The E*TRADE $10,000 cash offer is available to anyone who opens and funds a new account at E*TRADE. This bonus
is specifically for new customers, so if you already have an account with E*TRADE, you'll need to
consider one of their other bonus programs.
To qualify for the bonus, you must make your deposits within the first 60 days of opening your account and open a ‘qualifying’ account (we'll explain more below).
This cash offer from E*TRADE gives higher bonus amounts for larger deposits, offering greater benefits for those who can deposit more. There are also variations of the bonus for customers who may not qualify for the $3,500 bonus.
Opening a New Account at E*TRADE
There are specific accounts that qualify for the cash bonus and others that do not. Here’s how you can open an account at E*TRADE:
First, go to the account selection page. From there, you can choose to open one account or multiple accounts at the same time.
After selecting the type of account(s) you want, follow the instructions to complete the application form and enter your promo code to activate the bonus.
E*TRADE Bonus Tiers
The amount of cash bonus you receive depends on the size of your deposits within the first 60 days. These deposits can be cumulative; E*TRADE will add up all of your deposits during the qualifying period to determine your bonus amount.
Here’s a breakdown of the E*TRADE bonus offer for each deposit tier:
| Etrade Bonus | Deposit or Transfer |
|---|
| $10,000 | $5,000,000+ |
| $3,500 | $1,500,000 - $4,999,999 |
| $2,500 | $1,000,000 - $1,499,999 |
| $1,200 | $500,000 - $999,999 |
| $600 | $200,000 - $499,999 |
| $300 | $100,000 - $199,999 |
| $200 | $50,000 - $99,999 |
| $100 | $20,000 - $49,999 |
| $50 | $10,000 - $19,999 |
| $0 | less than $10,000 |
Additional E*TRADE Bonus Options
The $3,500 cash offer is mainly available for new customers opening new accounts, so some current investors may not have access to this option. To cater to a broader range of clients, E*TRADE also offers additional bonuses for existing customers and those looking to open multiple accounts.
Both existing and new customers opening multiple accounts must meet the same 60-day qualification period. Once completed, the bonus will be credited to the qualifying account within 7 days.
ETRADE Promo for Existing Customers
Existing customers can either add funds to a current account to meet the qualifying thresholds or open a new qualifying account. In both cases, the maximum bonus amount is $600 per account or deposit.
E*TRADE IRA Promo Code
New Customers Opening Two or More Accounts
New customers who open two or more accounts at the same time will follow the same rules as existing customers, with each new account eligible for a maximum payout of $600 in E*TRADE bonus funds.
| Etrade Bonus | Deposit or Transfer |
|---|
| $600 | $200,000+ |
| $300 | $100,000 - $199,999 |
| $200 | $50,000 - $99,999 |
| $100 | $20,000 - $49,999 |
| $50 | $10,000 - $19,999 |
| $0 | less than $10,000 |
E*TRADE Promo Eligible Account Types
To qualify for the cash offer, you must open one of the following account types:
- E*TRADE brokerage account
- Coverdell account
- Individual 401(k)
- Roth Individual 401(k)
- Traditional IRA
- Roth IRA
- Beneficiary Traditional IRA
- Beneficiary Roth IRA
- Rollover IRA
Ineligible Account Types
While most account types at E*TRADE are eligible for the cash bonus, some are not. The following accounts are not eligible for this promotion:
- Business accounts
- SEP IRA accounts
- SIMPLE IRA accounts
- IRAs for minors
- Estate and Trust IRAs
- Profit sharing accounts
- Money purchase pension plans
- Noncustodial investment-only retirement accounts
ETRADE IRA Promo Code Terms
To earn the full bonus, you must be a new customer opening a single new account.
Deposits must consist of new money to E*TRADE. Whether you're transferring stocks and ETFs via an ACAT transfer, funding directly, or transferring a retirement account, the funds cannot come from an existing E*TRADE account.
To qualify for the main bonus, avoid opening any other E*TRADE accounts during the first 60 days of your new account. If you open multiple accounts, the multiple account bonus rules apply, and the maximum bonus per account with a qualifying deposit is $600.
The deposit used to activate the cash bonus should remain in the account for 12 months. While it's necessary to maintain the initial deposit balance for this period, trading losses won’t affect the bonus.
Read detailed E*TRADE Review
Updated on 5/1/2025.
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