There are currently several Charles Schwab promotions available, including an offer for 500 commission-free online trades, a $100 brokerage account referral bonus, and up to $500 for opening a brokerage or IRA account.
Take advantage of these Charles Schwab promotions for a limited time, as they do sometimes pull their offers down before the set expiration date.
Charles Schwab up to $500 Brokerage or IRA Bonus
You can get up to $500 when you become a Schwab client by opening an eligible brokerage or IRA account and making a qualifying net deposit within 45 days.
How To Earn Brokerage or IRA Bonus:
1. Open a Brokerage or IRA Account and enroll in the offer.
2. Make a qualifying net deposit into the account within 45 days.
3. Receive your cash bonus of up to $500.
Just visit this $500 Cash Promo Link to open your account today.
Qualifying Funding for Bonus Tiers:
- $10,000-$24,999 Deposit = $100 Bonus.
- $25,000–$49,999 Deposit = $200 Bonus.
- $50,000–$99,999 Deposit = $300 Bonus.
- $100,000+ Deposit = $500 Bonus.
Promotional Details:
Offer valid for individuals who do not have a Charles Schwab account (other than a Stock Plan Services account) and who open and make a qualifying net deposit into an eligible retail brokerage account within 45 days of enrollment in the offer.
Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab.
Only outside assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services are excluded.
Net deposits will be calculated as of the 45th day after enrollment, and the cash bonus will be credited to the enrolled account within approximately 1 week.
For taxable accounts, you must maintain the net deposit amount (less any market losses) at Schwab for at least 1 year, or Schwab may charge back the cash bonus.
The offer is limited to 1 per account, with no more than 1 account enrolled per client.
The offer does not apply to accounts managed by independent investment advisors, the Schwab Global Account, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts.
The cash bonus, when combined with the value received from all other offers in the last 12 months, may not exceed $5,000 per household, as defined in the Charles Schwab Pricing Guide for Individual Investors.
The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only.
Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; their spouses; and employees of any securities regulatory organization or exchange are not eligible.
Charles Schwab 500 Free Online Trades Promotion
You’ll get 500 commission-free online trades, plus 4 exclusive check-ins with a trading coach, all for an entire year.
You just need to make a net deposit of $50,000 into your new account in order to qualify.
Check out this 500 Free Trades Promo Link to open your account today.
Promotional Details:
With a qualifying net deposit of $50,000, you’ll earn 500 commission-free online trades and 4 premium support check-ins with a trading coach.
This offer is valid for new clients who do not have a Charles Schwab brokerage account (other than a Retirement Plan Services or Stock Plan Services account) and who open and make a qualifying net deposit into a retail brokerage account within 45 days of enrollment in the offer.
Net deposits are assets deposited into the account minus assets withdrawn from the account and transferred out of Schwab.
Only assets new to Schwab’s retail division qualify; assets transferred from affiliates are excluded.
Approximately 1 week after confirmation of your qualifying net deposit, you will receive instructions on how to opt in to receive a quarterly call from a Customer Service Representative for Trading Services clients and the trades will be credited to your account.
The trades will be applied only to the enrolled account and apply only to base equity, exchange-traded fund (ETF), and options commissions.
Options per-contract, foreign transaction, exchange, and regulatory fees still apply.
Only trades placed through Schwab.com, Schwab trading platforms, and Schwab Wireless are eligible.
Trades will expire 365 days after being credited to your account and will not be applied to previously executed trades.
No credit will be given for unexecuted trades.
Charles Schwab $100 Referral Link for Brokerage Account
When you open a Schwab brokerage account using the referral link and referral code below, you can earn a $100 bonus in your account.
To qualify for the $100 bonus, you can either fund your new brokerage account with $1,000 or set up a monthly transfer of at least $100 a month.
New customers can sign up through this Charles Schwab $100 Referral Bonus Link to get $100 when you open a new account.
You’ll need to enter the Referral Code REFER to enroll in this special referral offer, and the code will automatically be applied through the above referral link.
Please note that the above link seems to be a general promotional page that has been provided by Charles Schwab, and it does not come directly from a customer.
If you are a current Charles Schwab customer with access to the referral program, please feel free to post your referral link in the comments below this article, but it should be noted that only the new customer or referee will receive a $100 reward.
Special Notes About This Referral Offer:
There is a $1,000 minimum deposit requirement to open a Charles Schwab brokerage account.
However, the $1,000 minimum deposit requirement is waived if you open a linked Schwab Bank High Yield Investor Checking account or establish an incoming monthly transfer of at least $100 through direct deposit or Schwab MoneyLink.
Please note that you DO NOT have to link your brokerage account to a Schwab Bank High Yield Investor Checking account in order to qualify for the $100 bonus, if you plan to fund your brokerage account in other ways.
Basically, if you open a Charles Schwab brokerage account, you either have to fund it with $1,000 or set up a $100 monthly transfer to qualify for the $100 bonus, and you can either do that from a linked Schwab checking account or another account of your choosing.
There has been some confusion as to whether this $100 Charles Schwab Personal Referral Program Bonus requires that you link a Schwab Bank High Yield Investor Checking account to your brokerage account in order to qualify, and I can confirm that you do not have to do so to get the $100 bonus, but it does make it easier to waive the minimum deposit requirement or set up a monthly transfer.
The above information was provided directly by Charles Schwab customer service on August 5, 2016.
Schwab Personal Referral Program Details:
New clients who do not have a Charles Schwab account (other than a Stock Plan Services account), open an eligible retail brokerage account, and enroll in the offer can earn a $100 Bonus Award.
The Bonus Award will be credited to the enrolled account within approximately 1 month of account open.
For taxable accounts, the account must be maintained at Schwab for at least 1 year, or Schwab may charge back the Bonus Award.
The offer is limited to 1 per account, with no more than 1 account enrolled per client.
The offer does not apply to accounts managed by independent investment advisors, the Schwab Global Account, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts.
The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only.
Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; their spouses; and employees of any securities regulatory organization or exchange are not eligible.
Enroll in these Charles Schwab promotions to earn special bonuses and cash rewards.
You may also be interested in these Charles Schwab Cards from American Express to maximize your Schwab brokerage account investments with additional bonuses and benefits.
The link is broken for “Visit this Schwab IRA Rollover Link to open a…”
I can’t seem to find info on this at the Schwab site. Can you send me a good link?
Hello Jim,
The Schwab IRA Rollover promotion has prematurely expired before the originally set expiration date.
However, we have updated the above article with all of the latest promotions from Charles Schwab.
Hope this helps.
Schwab has a Golf offer!
http://content.schwab.com/web/retail/public/talk_to_a_pro/promo.html
FYI: $10,000 deposit needs to be held in account for 1 yr (as below) to hold onto $100 bonus. That’s an effective 1% APY.
“For taxable accounts, you must maintain the net deposit amount (less any market losses) at Schwab for at least one year or Schwab may charge back the value of the Bonus Award.”
Can these offers be combined? Can I get the 500 free trades for opening a brokerage account and the $100 for opening a high yield checking account at the same time? Can I later get the golf package by adding more money?
Hello Ann,
The 500 free trades brokerage account bonus and the $100 checking account linked to a brokerage account promotion are for new brokerage account customers only who do not already have a brokerage account, so they couldn’t be combined. You may be able to later qualify for the golf package bonus though.
One restriction to be aware of is this: “The value of the award, when combined with the value received from all other offers in the last 12 months, may not exceed $5,000 per household.”
Thanks for your comment, Max
Hello Max,
How can I get up to $5000.00 for my household? What transfers from my current Broker do I need to do? I have Investment Accounts, Roth, and Regular IRA Accounts. What are the minimum total Assets that must be transferred in order to get up to $5000.00 in Credits? I would do this at the end of December 2016.