Merrill Edge Promotions: $1000 Investment Offer, Up To $7500 Secret Offer

Get the latest promotions, bonuses and offers from Merrill Edge here. Merrill Edge makes it onto our list of the best online stock brokers with its powerful Research tools.

• Update 5/6/2024: The brokerage offer now up to $1,000.
• Update 10/16/2023: Here’s the latest offer from Merrill Edge, in conjunction with Bank of America, to earn up to $3,000. Bank of America also offers its own bonuses worth considering here. Such as this one for a checking account.
• Update 10/4/2023: Use promo code 6FREE to get $0 program fee for 6 months for new enrollments to Merrill Guided Investing. But I think Seeking Alpha is a better investing tool, get a free trial and a $50 discount here.
• Update 6/29/2023: Updated with the secret offer you can get through Merrill advisors.

Merrill Edge was launched in 2010 after Merrill Lynch was bought out by Bank of America. While Merrill Edge does offer special perks for Bank of America customers, anyone can open an account with this stock broker and make use of all it’s features.

For standard investing strategies and goals, Merrill Edge has just enough features to fit the bill. Personally, I prefer using the ThinkorSwim platform with TD Ameritrade (TD Ameritrade has merged with Schwab but you can find Schwab offers here), but it never hurts to keep your options open.

See current promotions from Merrill Edge below.

READ MORE: SEE ALL THE BEST INVESTING PROMOTIONS HERE

Secret Merrill Brokerage Bonus Up To $7,500

This secret bonus program offers higher tiers than what is publicly available (offers below), providing an opportunity to earn a more substantial bonus. If you’re interested, all you need to do is request this bonus from a Merrill advisor.

Why Use Merrill?

Many investors choose to keep a significant amount, such as $100,000 or more, in a brokerage or retirement account with Merrill. By doing so, they gain access to the top-tier relationship status, which comes with a range of benefits.

One of the perks of this status is the potential to earn 2.62% back on all credit card spend with various Bank of America credit cards.

Here Are The Secret Bonus Tiers

These offers are exclusively available through Merrill advisors and can be requested by those interested. The offer features tiers that are mostly similar to the public offer, but with higher bonuses for larger investment amounts. Here are the tiers and corresponding bonuses:

• $20,000 to $49,999 – $100
• $50,000 to $99,999 – $150
• $100,000 to $199,999 – $250
• $200,000 to $299,999 – $600
• $300,000 to $499,999 – $1,000
• $500,000 to $999,999 – $1,500
• $1,000,000 or more – $2,500
• $2,000,000 or more – $3,500
• $5,000,000 or more – $5,000
• $10,000,000 or more – $7,500

How To Get The Offer

To take advantage of this secret bonus, simply reach out to a Merrill advisor and inquire about it. Some investors have reported success in attaching this bonus to their existing Merrill accounts, while others have opened a separate brokerage account to receive the bonus.

If you choose to open a new account, you’ll receive an email from the Merrill advisor with a signup link. You’ll have 30 days to complete the account opening process and then fund the account within 45 days.

Important Offer Details

It’s crucial to note that this offer requires you to maintain the funds with Merrill for at least 9 months. Once the 9-month period ends, the bonus will be deposited into your account within 2 weeks. Additionally, it’s worth mentioning that Merrill cash rewards are determined by the qualifying net new assets in your account, regardless of any trading or market fluctuations.

Merrill Edge Up To $1000 Bonus Offer

• Use offer code 1000PR
• Open a new Merrill Edge Self-Directed account and get up to $1000
• Offer valid for new individual Merrill IRAs or Cash Management Accounts (CMAs)
• Offer is limited to one CMA and one IRA, with no more than two enrolled accounts per accountholder.
• Eligible Merrill Edge IRAs limited to Rollover, Traditional, Roth and Sole-Proprietor SEP only.
• The Merrill IRA or CMA may be a Merrill Edge Self-Directed account, Merrill Edge Advisory Account or Merrill Guided Investing account.
• You must enroll during account opening by entering the offer code in the online application or by providing it when speaking with a Merrill Financial Solutions Advisor at 888.637.3343 or at select Bank of America® financial centers. You are solely responsible for enrolling or asking to be enrolled in the offer.
• Fund your account with at least $5,000 in qualifying net new assets within 45 days of account opening. Assets transferred from other accounts at Bank of America, MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets.
• After 90 days of meeting the funding criteria described in Step 2, your cash reward will be determined by the qualifying net new assets in your account (irrespective of any losses or gains due to trading or market volatility) as follows:

Qualifying Net New Asset Balance	Cash Reward
$20,000 to $49,999	$100
$50,000 to $99,999	$200
$100,000 to $249,999	$400
$250,000 or more	$1000

Terms

• Offer valid for new individual Merrill IRAs or Cash Management Accounts (CMAs)
• Cash bonus offers limited to one CMA and one IRA per accountholder
• Eligible Merrill IRAs limited to Traditional, Roth, and owner-only SEP IRA
• Merrill IRA or CMA can be a Merrill Edge Self-Directed, Merrill Edge Advisory, Merrill Guided Investing, or Merrill Guided Investing with an Advisor account
• Contact for potential eligibility for a different or better offer

Offer Limitations:

• Not applicable to business/corporate accounts, investment club accounts, partnership accounts, certain fiduciary accounts held with Merrill, or accounts held with other business units of Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S)
• Merrill reserves the right to change or cancel the offer without notice
• Offer cannot be used as an inducement to sell insurance, including annuities

How it Works:

• Enroll during account opening with the offer code online or through a Merrill Financial Solutions Advisor
• Fund the account with at least $5,000 in qualifying net new assets within 45 days of account opening
• Cash reward determined after 90 days based on qualifying net new assets in the account
• Cash reward amounts vary based on qualifying net new asset balance
• Cash reward deposited into IRA or CMA within two weeks after the 90-day period
• Cash reward in investment advisory program accounts subject to program fee and terms
• Reward may be taxable income, consult a tax advisor
• Merrill may issue an IRS Form 1099 reflecting the reward value

READ MORE: SEE THE LATEST PROMOTION FROM SEEKING ALPHA FOR INVESTING

[Expired] Merrill Edge Self Directed Up To $600 Bonus

You can earn up to a $600 bonus for a new Merrill Edge qualifying account (several to choose from) with this offer.

• $600 bonus offer has no stated expiration date
• Use offer code 600ME
• You can take advantage of the offer with the online link below, by calling 888-637-3343, or by asking a Merrill Edge Financial Solutions Advisor for the offer at select Bank of America financial centers.
• To qualify for a cash bonus, you must make a qualifying deposit to your new account within 45 days and maintain your qualifying deposit for at least 90 days.
• You’ll receive your cash bonus within 2 weeks after the 90-day qualifying period.
• You Cash Bonus depends on your qualifying deposit as follows:

Qualifying Deposit	Cash Bonus
$20,000 to $49,999	$100
$50,000 to $99,999	$150
$100,000 to $199,999	$250
$200,000+	$600

Terms

• Offer valid for new individual Merrill IRAs or Cash Management Accounts (CMAs)
• Cash bonus offers limited to one CMA and one IRA per accountholder
• Eligible Merrill IRAs limited to Traditional, Roth, and owner-only SEP IRA
• Merrill IRA or CMA can be a Merrill Edge Self-Directed, Merrill Edge Advisory, Merrill Guided Investing, or Merrill Guided Investing with an Advisor account
• Offer not applicable to business/corporate accounts, investment club accounts, partnership accounts, certain fiduciary accounts held with Merrill, or accounts held with other business units of Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S)
• Merrill reserves the right to change or cancel the offer without notice
• Offer cannot be used as an inducement to sell insurance, including annuities

How it Works:

• Enroll during account opening by entering the offer code online or providing it to a Merrill Financial Solutions Advisor
• Fund the account with at least $20,000 in qualifying net new assets within 45 days of account opening
• Cash reward determined after 90 days based on qualifying net new assets in the account
• Cash reward amounts vary based on qualifying net new asset balance
• Cash reward will be deposited into IRA or CMA within two weeks after the 90-day period
• Cash reward deposited into an investment advisory program account will be subject to the program fee and terms
• The received reward may be taxable income, consult a tax advisor for more information.

READ MORE: WELCOME OFFERS FROM CHASE AND BMO.

[Expired] Merrill Edge Up To $1,000 Transfer Bonus Offer

• For Preferred Rewards members only.
• You must enroll as Preferred Rewards within 90 days of funding in order to be eligible.
• Open a new Merrill Edge account with promo code 1000PR and transfer between $20,00 and $250,000 in assets to get the following bonus tiers:

Transfer Amount	Increased Cash Bonus (Standard Bonus)
$20,000 to $49,999	$100 (usually $100)
$50,000 to $99,999	$200 (usually $150)
$100,000 to $249,999	$400 (usually $250)
$250,000 or more	$1,000 (usually $600)

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