Join the Ellevest online investing tool that was created by women for women (and men too) to build wealth and create savings for a variety of your life goals.
Whether you want to buy a home, save for college, start a business, or retire early, Ellevest makes it simple to save money and invest toward multiple financial goals at the same time.
By using algorithms that are tailored to your salary, gender and lifespan, Ellevest maximizes your chances of reaching financial goals by giving you a clear savings path to reach them.
For instance, if you want to save $180,000 for a down payment on a home in 5 years, you can start with $45,000 and add $2,000 each month until you reach your goal.
Ellevest lets you make 1-time or monthly deposits toward your goals that can be adjusted whenever you want, depending on how your financial circumstances change along the way.
You can start investing on Ellevest in just minutes with no minimums, low fees, no commitments and no withdrawal penalties.
The basic Ellevest Digital account with no minimums to get started has an Annual Fee of 0.25% ($12.50/year for a $5,000 account).
If you need 1-on-1 career coaching and financial planning, you can upgrade to Ellevest Premium for people investing $50,000 or more with an Annual Fee of 0.50% ($250/year for a $50,000 account).
There are no penalties for early withdrawals if you decide that you need access to your money at any time, so you don’t have to commit your money for any given timeframe.
Plus, you can participate in the Ellevest Referral Program to get a $20 bonus when you open a new Ellevest account and deposit a minimum of only $1 toward your first goal, and you’ll earn an additional $20 bonus for each new Ellevest investor that you refer.
Visit Ellevest.com (non-referral link) to learn more details about this investing service for women.
Updated 5/30/2019: The Ellevest Referral Program has been updated to now offer a $20 bonus to both the referrer and referee. It previously offered a $50 bonus to both parties, but it has been reduced to $20 at this time.
Please note that even though Ellevest is designed by women and created for women, it is also available for men, so men are welcome to enjoy the personalized benefits of the Ellevest online investing platform.
How To Get $20 Ellevest Sign-Up Bonus
1. To get started, you’ll need to receive a referral email or click a referral link from a current user. Please feel free to exchange referrals in the comments below this article.
2. Once you click on the referral link or receive your referral email, simply sign up and open your Ellevest account.
3. You can open an Ellevest Digital account (basic account with no minimums) in order to qualify.
4. After you open the Ellevest Digital account, you must link your bank account and fund a minimum of $1 toward your first goal to qualify for the $20 bonus.
5. Once your goal is funded, you will receive the $20 bonus credit within 90 days.
$20 Credit versus $20 Amazon Gift Card
- Referred clients who enroll and fund your non-retirement account as a result of the referral will receive $20 added to your highest-priority goal in your Ellevest account.
- Referred clients who enroll and fund your retirement account as a result of the referral will receive a $20 Amazon Gift Card.
- Ellevest’s processing time for depositing $20 into a client’s Ellevest account or delivery of an Amazon Gift Card may be up to 90 days.
- Your highest-priority goal must be funded before they process the $20 credit.
- You must allow up to 90 days for the $20 bonus credit or $20 Amazon Gift Card to process.
- To qualify for the $20, you must fund and stay funded throughout the 90 days while they process the referral credit.
Ellevest $20 Referral Program Bonuses
If you are an Ellevest Digital or Premium client with funded goals, you can invite your friends to join via the Ellevest Referral Program.
Your referrals will each get $20 when they join Ellevest and fund their first goal with a minimum of $1.
For each new user that you refer to Ellevest who funds their first goal, you will receive a $20 bonus credit to your highest-priority goal.
If your highest-priority goal is a retirement goal with a funded IRA, Ellevest will email you a $20 Amazon Gift Card instead.
To share referrals, log in to Ellevest and select the “Invite” button at the top of your account, where you can refer your friends via an email form or a referral link.
You’ll get $20 for every friend that you refer who signs up and funds a goal.
There are no limits to how many friends you can invite, but you will only be compensated for up to 20 friends who fund their accounts in each calendar year.
As part of Ellevest’s Elle Raisers program, people who refer 2 or more friends who become funded clients are eligible to participate in general investment advisory educational sessions at no additional charge.
If you are an Ellevest investor, please feel free to share your experiences with using their service and exchange Ellevest referrals in the below comments.
Maximizing Money is excited to be working with Ellevest to start this conversation about women and money. We will receive compensation if you become an Ellevest client through our affiliate link.