E*Trade $500 Cash Bonus and 60 Days of Free Stock Trades

If you are looking for a new brokerage account, then check out the promotion E*Trade is currently offering. Between now and December 31, 2010, new E*Trade customers can earn a cash bonus of up to $500 and receive free stock trades for the first 60 days of their account.

E*Trade Cash Bonus and Free Stock Trades

E*Trade cash bonus for new customers:

New E*Trade customers must make an initial deposit within 45 days and the funds must remain in the account for at least 6 months to be eligible for this cash bonus. Depending on how much you deposit, you can receive up to a $500 bonus on your initial deposit. The cash bonus and corresponding required deposit are below:

Deposit Amount – (Cash Bonus)

• Deposit: $250,000 or more – ($500 cash bonus)
• Deposit: $100,000 – $249,999 – ($250 cash bonus)
• Deposit: $50,000 – $99,999 – ($100 cash bonus)
• Deposit: $25,000 – $49,999 – ($50 cash bonus)

Free stock trades at E*Trade.

New E*Trade customers are eligible for 60 days of free stock trades. The free trades will be credited to your account after the end of the 60 day period; there is a limit of 500 free trades for this promotion.

Here are additional details for these promotions:

• Offer valid only for E*Trade trading accounts (IRA’s and/or banking accounts are not eligible for this offer)
• E*Trade account must be funded with a minimum deposit of $2,000
• Cash bonus will be credited within eight (8) weeks.
• Use it or lose it: no credit will be given for unused trades

About E*Trade: E*Trade is one of the oldest online brokerage firms in the US, with a long history of awards, including multiple selections as the brokerage of the year by SmartMoney Magazine in 2007, 2008, and 2009. Standard stock trades cost $7.99-$9.99 depending on the number of trades made each quarter. They aren’t the cheapest brokerage, but they are among the leaders in the space. For more information check out this E*Trade Online Brokerage Account Review or visit the E*Trade website.

Oh, yeah… They also have the E*Trade baby commercials!