Newest TD Ameritrade Promotions: Best Offers, Coupons and Bonuses June 2020
TD Ameritrade offers brokerage and retirement accounts that let customers invest in stocks, mutual funds, options, exchange-traded funds, bonds and brokered certificates of deposit. You can handle all your investment and trading needs online or through TD Ameritrade branches nationwide.
Like many brokers, TD Ameritrade offers free commissions on online trades. It also offers sign-up bonuses for opening certain accounts.
Surprisingly, few participants in a GOBankingRates survey said they’re willing to change banks or brokerages to earn a cash sign-up bonus. They might not realize how much money they’re leaving on the table.
Keep reading to learn more about TD Ameritrade’s promotions for June 2020 — including the chance to earn up to $2,500 for opening a new account. Here’s what this guide will cover:
TD Ameritrade Promotions at a Glance
The latest TD Ameritrade offers provide plenty of incentive to sign up for an investment or retirement account. Here’s a quick overview of the newest offers:
Best TD Ameritrade Promotions: June 2020 | ||
Account | Cash Bonus | Expiration Date |
TD Ameritrade Brokerage or Retirement | Up to $2,500 | Dec. 31 |
TD Ameritrade Essential Portfolios | Up to $1,650 | Dec. 31 |
TD Ameritrade Referral program | $50 per referral | None |
Current TD Ameritrade Promotions
To earn this month’s bonuses, you’ll need to meet certain requirements. Here’s how to take advantage of the current TD Ameritrade offers.
TD Ameritrade Brokerage or Retirement Account Promotion: Up to $2,500 Cash Bonus
If you have at least $250,000 to open a TD Ameritrade individual or joint brokerage account or an individual retirement account, you’ll have access to commission-free online trading and a large library of research and investment learning tools. Here’s how to earn the bonus:
Cash Value: Up to $2,500, depending on the amount you deposit. Here are the different tiers:
$250,000 to $499,999: $350 cash bonus
$500,000 to $999,999: $700 cash bonus
$1 million to $1,999,999: $1,500 cash bonus
$2 million or more: $2,500 cash bonus
Availability: Nationwide
Minimum Deposit To Qualify: $250,000
Expiration Date: Dec. 31, 2020
How To Get It: Open a brokerage or IRA account online and fund the account within 60 days. Maintain the balance for at least 12 months (although losses from market volatility are allowed).
When You’ll Get It: Three to five business days after funding the account
Terms and Conditions: Must use TD Ameritrade coupon code EN2500
Monthly or Annual Fees: None
Promotion Page: TD Ameritrade Brokerage or Retirement Account offer
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TD Ameritrade Essential Portfolios Account Promotion: Up To $1,650 Cash Bonus
TD Ameritrade’s Essential Portfolios service gives you access to investment guidance, professional portfolio management and automated investing. Opening an Essentials Portfolios account comes with a cash bonus of up to $1,500, plus a $150 rebate to cover any transfer fees you might be charged when you send your funds over to TD Ameritrade. Here’s more:
Cash Value: Up to $1,650, depending on the amount you deposit. Here are the different tiers:
$10,000 to $49,999: $50 cash bonus
$50,000 to $99,999: $200 cash bonus
$100,000 to $249,999: $500 cash bonus
$250,000 to $499,999: $1,000 cash bonus
$500,000 or more: $1,500 cash bonus
Transfer of $10,000 or more: $150 transfer rebate
Availability: Nationwide
Minimum Deposit To Qualify: $10,000
Expiration Date: Dec. 31, 2020
How To Get It: Open a brokerage or IRA account and then call 888-310-7921 to have your account registered for the offer. You’ll have to fund the account within 180 days and then maintain the balance for at least 12 months (though losses from market volatility are allowed).
When You’ll Get It: Three to four weeks after funding the account
Terms and Conditions: Use TD Ameritrade coupon code TDB1500 when you call to register the offer.
Monthly or Annual Fees: None
Promotion Page: TD Ameritrade Essential Portfolios offer
Learn: How To Roll Over Your 401(k)
TD Ameritrade Referral Promotion: $50 Per Referral
This ongoing promotion lets you earn extra cash by referring friends, family and colleagues to TD Ameritrade. You’ll get $50 for each referral who opens an account, up to $2,500 per month. The referred person who opens an account can earn up to $1,000, depending on how much they deposit. Here’s how the TD Ameritrade bonus works:
Cash Value: $50 per successful referral, up to $2,500 per month; friends being referred can earn up to $1,000 each, based on the initial deposit
Availability: Nationwide
Minimum Deposit To Qualify: $25,000 for the referred friend
Expiration Date: None
How To Get It: Log in to your TD Ameritrade account, enter your friend’s email and submit the information.
When You’ll Get It: One to two business days after the referred friend makes a qualifying deposit into their new account
Terms and Conditions: You can refer up to 10 people per day and 50 per month. The cash bonus is limited to $2,500 per month.
Annual Fees: None
Promotion Page: TD Ameritrade Refer Friends offer
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How To Open a TD Ameritrade Account
The fastest way to open a TD Ameritrade account is by applying online. You’ll be able to trade most securities on the same day you open and fund your account. You’ll need to answer some basic questions and provide the following:
Social Security or tax ID number for U.S. citizens.
Foreign tax ID, passport or visa number for non-U.S. citizens
Employer’s name, phone number and address
Are TD Ameritrade Promotions Worth Switching For?
You’ll need a couple million dollars to qualify for TD Ameritrade’s $2,500 bonus, and the referral promotion requires a large network of friends and family to maximize your earnings. But if you can meet the requirements, getting extra cash might be the incentive you need to make the switch.
TD Ameritrade’s brokerage accounts have many of the same features offered by other top brokerage firms. You’ll also have access to a low-cost brokerage to manage your trades and retirement investments all in one place.
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This content is not provided by TD Ameritrade. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by TD Ameritrade.
This article originally appeared on GOBankingRates.com: Newest TD Ameritrade Promotions: Best Offers, Coupons and Bonuses June 2020
