ShareBuilder is offering customers a $100 cash bonus if they transfer their account from a competing brokerage. This offer is available to new and current customers. Many account transfer offers are only available to new customers at the time of account opening, making this a more unique deal.
To qualify for the $100 ShareBuilder bonus you have to transfer your entire account balance to ShareBuilder from a competing brokerage (minimum of $500). You must provide a copy of your most recent brokerage account statement for ShareBuilder to verify you are transferring your entire account.
ShareBuilder $100 Account Transfer Bonus
- Open a ShareBuilder account, or Log in to your current account.
- Print and complete an Account Transfer Form (available from within your account, or when you open an account).
- Activate your $100 bonus in an eligible account. Use Promotion code: TRADEUP100.
- Mail or fax a signed transfer form and a copy of your most recent statement to ShareBuilder.
Here is the fine print:
† $100 Transfer in Bonus: ShareBuilder will deposit a $100 bonus into your account after completing a full brokerage transfer of $500 or more from a competing broker to ShareBuilder. The $100 bonus offer is available for Individual, Joint and Custodial accounts only. Offer not valid for IRA or Education Savings Accounts. The $100 bonus will post to your account approximately 4-6 weeks after completing a full brokerage transfer from a competing broker and is not available for withdrawal for 180 days. This offer is not valid with any other offers and is non-transferrable. Limit one ShareBuilder promotional award per unique customer or custodial beneficiary. ShareBuilder reserves the right to terminate this offer at any time and to refuse or recover any promotion award if ShareBuilder determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms or ShareBuilder’s Account Agreement has been violated.
Is it worth it?
A one time $100 bonus is nice and there are other benefits to consolidating your financial accounts, including fewer logins, centralized management, and easier asset allocation. This offer is a good deal if you were already considering moving your assets out of your current brokerage. For more information regarding ShareBuilder and whether it meets your needs, check out this ShareBuilder Review or compare ShareBuilder to the best online brokerage houses.
