Firstrade Promotion: Fund Account With $5,000, Get $100 Bonus – Ends 1/12/24 [Targeted]

Firstrade is targeting select customers with a $100 bonus when you fund your account with $5,000 or more.

This offer is available for a limited time, so let’s dig into the details.

Offer Details

This promotion is exclusively available through email invitations, so there’s no direct link to the offer.

Eligible customers would have received an email with the subject line ‘Limited Time Holiday Gift: $100 Bonus at Firstrade!’

Here’s the gist of the offer: Fund your Firstrade account with $5,000 or more between December 14, 2023, and January 12, 2024, and receive a $100 bonus. This offer is an excellent opportunity for those already planning to invest through Firstrade or looking to switch to a new brokerage.

TRENDING DEAL:

▶ GET A $350 CASH BONUS FOR A NEW BMO CHECKING ACCOUNT

The Fine Print

• The account must remain open for 6 months with the minimum funding or assets required for participating in the offer or rebates. Otherwise, Firstrade reserves the right to charge the account for the cost of the offer or rebates at its sole discretion.
• This promotion is by invitation only. Rewards are available exclusively to recipients of an email invitation. Sharing this promotion does not guarantee similar benefits for others

Our Take on the Offer

While the offer sounds appealing, it’s essential to consider the 6-month requirement for the funds to remain in the account. This condition effectively makes the $100 bonus equivalent to an annualized return of around 2%.

For some, this may not be a compelling enough incentive, especially if it involves transferring funds from higher-yield or more flexible investment options. However, for those who were already considering a substantial deposit into Firstrade or are looking for a new brokerage, this offer might add a nice bonus to their investment strategy.

See more:

• Firstrade Bonus: Up To $5,000 Brokerage Deposit or Transfer Offer – Ended
• Firstrade Bonus: $200 Account Transfer & $25 Wire Transfer Fee Rebates

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

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