17 Best New Brokerage Account Promotions & Bonus Offers – August 2021


Dozens of banks and credit score unions lure new enterprise with account-opening promotions. Some reward first-time prospects with bonuses value lots of of {dollars} only for opening an account and making qualifying deposits. The most effective land on our frequently up to date roundup of the top new bank account promotions.

You’ve in all probability seen bank card issuers get in on the motion too. Most of the greatest cash-back credit cards and travel rewards credit cards include irresistible welcome provides, the perfect of which rival probably the most beneficiant new checking account promotions.

America’s high self-directed and managed funding platforms additionally supply spectacular new-account bonuses. Prime-tier new brokerage account promotions dwarf the main financial institution and credit card promotions — promising 1000’s to new prospects bringing substantial property to the desk.

Greatest New Brokerage Account Promotions (August 2021)

These are the perfect brokerage account promotions from North America’s high online stock brokers for this month. All are topic to alter, so examine again usually for updates.

Whichever you select, pair your new brokerage account with a subscription to Trade Ideas, probably the most highly effective paper buying and selling and market analysis subscription round.


1. Yieldstreet — As much as $500 Account Opening Bonus

Yieldstreet LogoFor a restricted time, new Yieldstreet account holders can reap the benefits of an account opening bonus value as much as $500. Right here’s the way it works:

  1. Join a brand new Yieldstreet account utilizing the hyperlink above.
  2. Make a qualifying preliminary deposit into your Yieldstreet Pockets.
  3. Look forward to Yieldstreet to substantiate your deposit.

As soon as your deposit is confirmed, you need to obtain your bonus inside 60 days. The bonus tiers are as follows:

  • $50: Deposit a minimum of $1,000.
  • $250: Deposit a minimum of $5,000.
  • $500: Deposit a minimum of $10,000.

This chance is offered to new Yieldstreet prospects who haven’t beforehand deposited to their Yieldstreet Wallets.

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2. SoFi Invest — Win Up to $1,000 in Free Stock When You Play “The Claw” Game

SoFi ReviewFor a restricted time, obtain the SoFi Make investments app and open a brand new SoFi Active Invest account for the prospect to play “The Claw” recreation and win as much as $1,000 in free inventory. Simply direct “The Claw” towards the present of your selection, drop it, and win a random greenback quantity of inventory — wherever from $5 to $1,000.

Shifting ahead, take pleasure in commission-free inventory trades and entry to fractional shares in choose securities with no account minimums. Terms and conditions apply. See supply for particulars.

See our SoFi review for extra info.

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3. Acorns — $10 Bonus

Acorns LogoOpen a brand new Acorns account utilizing the hyperlink beneath to earn a $10 credit score. It’s that easy — no minimal deposit or stability required. You’ll obtain the sign-up bonus credit score after finishing your account registration.

Shifting ahead, Acorns provides three attractively priced plans that help on a regular basis cash administration, longer-term saving, and market investing:

  • Lite. For simply $1 per thirty days, reap the benefits of a robust investing platform (Make investments) that lets you make investments spare change left over from on a regular basis purchases (Spherical-Ups) and earn bonus investments from greater than 350 Discovered Cash companions.
  • Private. For simply $3 per thirty days, Acorns provides a tax-advantaged retirement account that updates frequently to match your objectives and a checking account with 55,000+ fee-free ATMs worldwide and as much as 10% bonus investments.
  • Household. For simply $5 per thirty days, you’ll get every thing included within the lower-priced plans, plus Early, a kid-friendly funding account that includes automated recurring investments, unique bonus investments, family-centered monetary recommendation, and potential tax financial savings.

See our Acorns review for extra info.

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4. Robinhood — Up to $200 (Or More) in Free Stock

Robinhood Logo 480x120Open a brand new Robinhood account with commission-free trading capabilities and rise up to $200 (or extra) in free inventory. Right here’s the way it works:

  1. Apply for a brand new Robinhood brokerage account and get permitted.
  2. Robinhood provides one free share of inventory value between $2.50 and $200 (or extra) per share, chosen randomly from its stock of settled shares.
  3. You may maintain the share indefinitely or promote it after two buying and selling days.

Keep in mind that you could be not obtain the identical inventory as different candidates and your share’s worth could fluctuate with market actions. As soon as open, use your account to commerce shares, ETFs, and different market-traded devices.

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5. M1 Invest — Deposit $1,000, Get $30

M1finance LogoFirst-time M1 Invest shoppers can reap the benefits of a simple $30 bonus supply. Right here’s the way it works:

  1. Open a brand new M1 Make investments account (have to be a first-time buyer) by Dec. 31, 2021.
  2. Deposit a minimum of $1,000 into your new account inside 14 days of opening.

That’s it. You must obtain your $30 bonus within the account inside seven to 14 days of finishing your qualifying deposit.

To keep away from forfeiting the bonus, you have to preserve the qualifying deposit or equal worth in your account for a minimum of 60 days from the date you obtain your money reward.

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6. Webull — Free Stocks Up to $2,300 Total Value

Webull LogoOpen and fund a brand new Webull account with a minimum of $5 to rise up to 2 free shares value as much as $2,300 in whole. Taking part shares embrace Google, Fb, Procter & Gamble, Starbucks, Kraft Heinz, and Snap.

Right here’s how this promotion works:

Account Opening Bonus (1 Free Inventory)

Merely join and open a qualifying Webull account to obtain a free inventory valued between $3 and $300.

You should full the account opening course of by the acknowledged supply finish date on the time you apply. This date is topic to alter at Webull’s discretion.

Deposit Bonus (1 Free Inventory)

Make an preliminary deposit of $5 or extra to your new account by the top of the supply interval to say a free inventory valued between $8 and $2,000 per share.

This supply applies solely to Webull money and margin accounts.

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7. EarlyBird — Get $10 Only for Opening an Account

Earlybird Horiz Logo Color 1000px (1)Earn a simple $10 if you obtain the EarlyBird custodial funding app and full your account.

Simply use your smartphone digicam or scanning software program to scan the QR code, or faucet “Make investments $10” on the linked web page to obtain the app and start the account creation course of. To say your bonus, set up the app and full your account. You must see the bonus as quickly as you’re executed.

As soon as the $10 credit score seems in your account, use it to take a position on behalf of a kid of your individual or present it to a member of the family you’d prefer to help.

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8. BlockFi — Up to $250 BTC Bonus

Blockfi Logo VectorOpen and fund a BlockFi Interest Account (BIA) for the primary time and make qualifying deposits inside the first 30 days of opening. In return, you might earn a particular one-time bonus value as much as $250 bitcoin (BTC).

The payout tiers work as follows:

  • $15 BTC: Deposit $25 to $1,499.
  • $20 BTC: Deposit $1,500 to $19,999.
  • $40 BTC: Deposit $20,000 to $39,999.
  • $75 BTC: Deposit $40,000 to $79,999.
  • $150 BTC: Deposit $75,000 to $99,999.
  • $250 BTC: Deposit $100,000 or extra.

To make sure you obtain the bonus, you have to keep a crypto stability of $25 or better by means of the 14th of the month two and a half months out of your eligibility month (account opening month). Eligible payouts happen on a rolling foundation on or concerning the fifteenth of each month.

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9. Ally Invest — Up to $3,000 Cash Bonus

Ally Invest LogoOpen a new self-directed account with Ally Invest by Sept. 30, 2021, and make a qualifying deposit of latest cash or property to earn as much as $3,000 bonus money.

The bonus thresholds are:

  • $100: Deposit $10,000 to $24,999 in new funds or property.
  • $250: Deposit $25,000 to $99,999 in new funds or property.
  • $300: Deposit $100,000 to $249,999 in new funds or property.
  • $600: Deposit $250,000 to $499,999 in new funds or property.
  • $1,200: Deposit $500,000 to $999,999 in new funds or property.
  • $2,000: Deposit $1,000,000 to $1,999,999 in new funds or property.
  • $3,000: Deposit $2,000,000 or extra in new funds or property.

To qualify for the bonus, you have to fund the account inside 60 days of opening. As soon as Ally Make investments credit the bonus to the account, the mixed bonus and qualifying deposit (much less any buying and selling losses) should stay within the account for 300 days. In any other case, Ally Make investments reserves the fitting to revoke the bonus.

Deposited funds should come from accounts that aren’t Ally or Ally subsidiary accounts. You should fund the brand new account with a minimal qualifying deposit of $10,000 or extra to qualify for the minimal money bonus.

The bonus is offered to U.S. residents, excluding present Ally Make investments account holders, and Ally Make investments account holders who closed their accounts inside 90 days of making use of.

Account Switch Charge Credit score

Individually, Ally Make investments credit as much as $150 in switch charges charged by different brokerages if you full a first-time account switch totaling $2,500 or extra. That credit score hits your account inside 30 days of the switch.

For extra details about Ally Make investments’s taxable brokerage accounts and IRAs with commission-free trades, learn our Ally Invest review. To be taught extra about Ally Financial institution, Ally Make investments’s guardian establishment, take a look at our Ally Bank review.

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10. Citi Wealth Administration — As much as $3,500 Money Bonus

Citibank LogoOpen a brand new eligible Citi Personal Wealth Management account by Sept. 30, 2021, and make a qualifying deposit of latest cash or property to earn a money bonus of as much as $3,500. The bonus thresholds are as follows:

  • $500: Deposit $50,000 to $199,999 in new funds or securities.
  • $1,000: Deposit $200,000 to $499,999 in new funds or securities.
  • $1,500: Deposit $500,000 to $999,999 in new funds or securities.
  • $2,500: Deposit $1,000,000 to $1,999,999 in new funds or securities.
  • $3,500: Deposit $2,000,000 or extra in new funds or securities.

To earn this bonus, you have to do the next:

  1. Open and enroll your new Citi Non-public Wealth Administration account.
  2. Make the qualifying new cash deposit inside two months of account opening.
  3. Enroll the account into e-delivery of statements inside two months of account opening.
  4. Preserve the brand new funding a minimum of by means of the top of the third month (assertion cycle) after account opening.

Eligible funds have to be new to Citibank and may’t come from or be mixed with funds from another Citi accounts. This supply is offered to new Citi Non-public Wealth Administration shoppers solely.

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11. M1 Finance — Up to $2,500 Transfer Bonus

M1 Finance LogoM1 Finance, a top Robinhood alternative, has a terrific account opening promotion for brand new shoppers who can carry vital property from one other brokerage. Right here’s the way it works.

Open a brand new M1 Finance account and provoke an account switch inside 60 days of sign-up to earn a switch bonus of as much as $2,500.

The bonus thresholds for the money bonus are:

  • $250 Bonus: Switch an account value $100,000 to $249,999.99.
  • $500 Bonus: Switch an account value $250,000 to $499,999.99.
  • $1,000 Bonus: Switch an account value $500,000 to $999,999.99.
  • $2,500 Bonus: Switch an account value $1,000,000 or extra.

Your new M1 Finance account kind should match your outdated account kind. The supply isn’t legitimate on ACH deposits, wire transfers, or direct 401(ok) rollovers. As soon as the switch is acquired, you’ll obtain fee inside 90 days.

See our M1 Finance review for extra info.

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12. Betterment — Up to 1 Year Managed Free

Betterment LogoStand up to 1 yr managed free if you open a Betterment robo-advisor account and make a qualifying deposit inside 45 days. Bonus thresholds are:

  • 1 Month Free: Fund your account with $15,000 to $99,999 inside the qualification interval.
  • 6 Months Free: Fund your account with $100,000 to $249,999 inside the qualification interval.
  • 12 Months Free: Fund your account with $250,000 or extra inside the qualification interval.

You may’t mix this supply with another promotions, and it’s out there to U.S. residents solely.

For extra about Betterment’s advantages, take a look at our lists of the perfect high-yield savings accounts and cash management accounts available on the market immediately.

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13. Unifimoney — Up to $1,000 BTC Reward Plus Up to $1,000 BTC for Referrals

Unifimoney LogoOpen an account with Unifimoney and make a qualifying new cash deposit to earn an account opening reward value as much as $100 BTC.

Deposit a minimal of $1,000 in new cash to earn a $25 BTC reward. Or up your dedication with a minimal deposit of $100,000 in new cash to earn a $1,000 BTC reward.

Both means, right here’s what it’s a must to do to earn the bonus:

  1. Deposit the required minimal stability in your new Unifimoney account inside 14 days of opening.
  2. Maintain the identical minimal stability in mixed deposits or property for a minimum of 30 days.
  3. Inside 14 enterprise days, you’ll obtain your Bitcoin reward in your Unifimoney Crypto account, inclusive of transaction charges and calculated on the prevailing Bitcoin charge on the time of buy.

As soon as your account is open, refer new account holders to Unifimoney to earn much more. Every qualifying referral earns a recent $25 BTC reward, as much as $1,000 BTC in whole potential referral rewards.

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14. SoFi Make investments — $10 Bitcoin Bonus

SoFi Invest has one other nice bonus alternative for brand new account holders on the lookout for crypto publicity. Right here’s the way it works:

  1. Open a brand new SoFi Make investments account by Dec. 31, 2021.
  2. Purchase a minimum of $10 value of any cryptocurrency inside 7 days of account opening.

After finishing your qualifying commerce, you need to obtain $10 in Bitcoin ($10 BTC) in your account inside seven days.

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15. TradeStation — As much as $5,000 Money

TradeStation, a reduction on-line brokerage fashionable with severe merchants, has some of the beneficiant brokerage promotions available on the market for brand new and current account holders. It’s value as much as $5,000 money if you make a qualifying switch into your TradeStation account.

To qualify for bonus money, current account holders simply want to finish the shape on this page. New account holders should create a brand new TradeStation account utilizing the promo code “CASHAFRV”.

In both case, TradeStation provides up all qualifying deposits made throughout the 45-day supply interval to calculate the bonus threshold, then confirms that you just’ve held them over the complete course of the 270-day holding interval that follows.

The bonus thresholds are:

  • $50 Bonus: Deposit a minimum of $5,000 in new cash to the account.
  • $200 Bonus: Deposit a minimum of $25,000 in new cash.
  • $300 Bonus: Deposit a minimum of $100,000 in new cash.
  • $600 Bonus: Deposit a minimum of $200,000 in new cash.
  • $1,200 Bonus: Deposit a minimum of $500,000 in new cash.
  • $2,500 Bonus: Deposit a minimum of $1,000,000 in new cash.
  • $3,500 Bonus: Deposit a minimum of $2,000,000 in new cash.
  • $5,000 Bonus: Deposit a minimum of $5,000,000 in new cash.

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16. Nvstr — Up to $1,000 Cash

Nvstr LogoOpen a brand new Nvstr account using this link to earn as much as $1,000 in money. There’s no minimal funding threshold or different hoops to leap by means of — simply open your account, and Nvstr rewards you with $10 to $1,000 money.

There’s one catch: Nvstr chooses your reward quantity at random, and it’s unimaginable to foretell how a lot you stand to obtain. As soon as the bonus is in your account, you have to make a minimum of one commerce inside three months and preserve the bonus funds on deposit for a full yr.

The money supply is offered to new Nvstr customers on stay buying and selling accounts solely. Simulated buying and selling accounts aren’t eligible.

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17. Charles Schwab — As much as $500 Money Referral Bonus

charles schwabOpen a brand new qualifying Charles Schwab account with a qualifying referral from an current Schwab shopper to earn a money bonus of as much as $500.

To qualify, ask a pal or member of the family with a Schwab account to ship you their distinctive referral code. Then use the code to open a brand new Schwab account with an preliminary deposit or deposits totaling a minimum of $25,000.

Make a number of qualifying deposits inside 45 days of your account opening date, and also you’ll obtain your money bonus a few week later.

Your bonus quantity depends upon how a lot you deposit throughout the 45-day qualifying interval:

  • $100: Deposit $25,000 to $49,999 in new cash or property.
  • $300: Deposit $50,000 to $99,999 in new cash or property.
  • $500: Deposit $100,000 and above in new cash or property.

As soon as your account is open, month-to-month charges could apply. A number of members of the identical family could qualify for bonuses individually, so long as they open separate Schwab accounts.

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Last Phrase

Should you’re a glad investor, you’d be forgiven for feeling no urgency to change brokerages. Why repair one thing that’s not damaged?

However the prospect of incomes lots of or 1000’s of {dollars} in brokerage bonuses is usually purpose sufficient.

Most of those brokerages take pains to make sure their new-account bonuses qualify as straightforward cash. In lots of circumstances, shifting property to a newly opened account requires little greater than finishing an account software and authorizing an digital funds switch or asset rollover, a course of that’s fast and painless sufficient to finish in a spare quarter-hour.

Even for those who’re not able to reap the benefits of these brokerage account bonuses, it nonetheless pays so as to add a overview of the highest brokerage promotions to your due-diligence to-do listing for everytime you’re prepared to start out investing on a brand new buying and selling platform.



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