Find new Merrill Edge promotions, bonuses, and offers for stocks, forex, futures, and mutual funds here.
Update 4/2/24: The $1000/$3000 offer is back and extended through 4/30/24. There is also the $600 and $750 offers available.
About Merrill Edge Promotions
Merrill Edge is an electronic trading platform provided by BofA Securities, part of Bank of America’s retail banking division. They were created to merge Bank of America Online Investing and Merrill Lynch’s research, investment tools, and call center, counsel.
I’ll review Merrill Edge Promotions below.
Bank of American and Merrill Edge $3,000 Brokerage Bonus
Fund a new account from Merrill Edge for your chance to earn up to a $3,000 bonus!
- Account Type: Merrill Edge® Self Directed account, Bank of America account
- Availability: Nationwide
- Online Trades: Varies
- Credit Inquiry: Unknown
- Monthly Fee: None
- Bonus Requirements: Fund the Investment Account
- Closing Account Fee: None listed, check with CSR for more information
(Expires 04/30/2024)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) | WeBull (Free Stocks) |
How To Earn The $3,000 Bonus
- Meet with a Merrill advisor or Wealth Management Banking Specialist to discuss the offer.
- Open a new Bank of America Advantage Banking account by April 30, 2024.
- Fund your accounts (combination of eligible Bank of America deposit and Merrill investment accounts) with at least $250,000 qualifying new assets to receive $1,000 or at least $500,000 qualifying new assets to receive $3,000.
- Accounts funded with qualifying new assets within 60 days prior to when the checking account is open or within 60 days after the checking account is open are eligible to meet the funding requirements. Note that the same assets may not be used to qualify for multiple client incentives.
- For purposes of this offer, qualifying new assets are calculated by adding total incoming assets or transfers (including cash, securities and/or margin debit balance transfers) from external accounts.
- Eligible accounts that have been pledged may count towards new assets.
- Assets transferred from other accounts at Bank of America, Merrill, Bank of America Private Bank, or retirement plan accounts administered by MLPF&S/Bank of America do not count towards qualifying new assets.
- Annuities and life insurance, even if held in an eligible account, do not count towards qualifying new assets.
- On day 61 after opening the checking account, your bonus tier will be determined based on your eligible new assets of at least $250,000 to $499,999 to receive the $1,000 incentive or $500,000 or greater to receive the $3,000 incentive across your eligible Merrill investment and Bank of America deposit accounts. You must also maintain a minimum of $5,000 daily in your new checking account from day 61 to120 after account opening. Gains and losses to qualifying investment balances from trading or market fluctuations will not be counted for purposes of meeting the balance requirements.
- Within 120 days after opening your checking account, your Bank of America Advantage Banking account must be deemed “active” by:
- Having at least one Bank of America Online or mobile banking login or,
- Have qualifying direct deposit made into the account. A “Qualifying Direct Deposit” is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, or transfers from a bank or brokerage account or Merrill account.
Qualifying Assets | Cash Reward |
$250,000+ | $1000 |
$500,000 | $3000 |
- Offer valid through April 30, 2024. This is a limited time offer and is not available for use in combination with other offers. Bank of America may change or discontinue this offer at any time without notice before that date. Offer valid for Individuals who fund accounts with at least $250,000 new combined qualifying assets into eligible Bank of America deposit accounts and/or eligible Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) investment accounts and deposit at least $5,000 into a new eligible Bank of America checking account.
- Eligible Bank of America deposit accounts include personal Bank of America deposit accounts, CDs, and Individual Retirement Accounts (IRA); eligible Merrill investment accounts, inclusive of Merrill Edge include personal Cash Management Account (CMA), Delaware Individual Investor, and IRA accounts (Traditional, Roth, Rollover, Simplified Employee Pension, SIMPLE).
- The new checking account must be owned or co-owned only by one or more individuals. Non-personal, fiduciary or trust accounts will not satisfy the checking account requirement. The qualifying assets must be owned by one of the same individuals, and may include assets owned through a revocable trust that uses the same tax identification number as the individual. Bank of America Private Bank fiduciary or custody accounts are not eligible.
- Offer limitations: You are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account within the last (12) months. Offer limited to one incentive per client. Clients must have a U.S. domestic address (this includes Puerto Rico and PO Boxes) to qualify for this offer. Clients with any foreign address are not eligible for this offer.
Merrill Edge $600 Bonus
Take advantage of a new Merrill Edge Self-Directed Account and earn up to $600 bonus.
- Account Type: Self-Directed Account
- Availability: Nationwide
- Direct Deposit Requirement: None listed
- Credit Inquiry: Unknown
- Monthly Fee: None
- Early account termination fee: None
- Household limit: None listed
(Limited time offer)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) | WeBull (Free Stocks) |
Editor’s Note: Merrill has a secret brokerage bonus offer with higher tiers by simply requesting it from a Merrill advisor. Below are the tiers:
- $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 Earn Up To $600 Bonus
- You must enroll during account opening by entering the offer code 600MEin the online application or by providing it when speaking with a Merrill Edge Financial Solutions Advisor™
- Fund your account with at least $20,000 in qualifying net new assets within 45 days of account opening.
- 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:
Account Funding | Bonus Amount |
---|---|
Less than $20,000 | $0 |
$20,000 to $49,999 | $100 |
$50,000 to $99,999 | $150 |
$100,000 to $199,999 | $250 |
$200,000 or more | $600 |
- Simple flat-rate pricing
- Merrill Edge MarketPro
- View investing and banking on one page
- Research and Insights
- Full Range of Investments
- Your one-time cash reward will be deposited into your Merrill Edge IRA or CMA within two weeks following the end of the 90 day period.
- If your account is enrolled in an investment advisory program, such as Merrill Edge Advisory Account or Merrill Guided Investing, any cash reward deposited into your account will be subject to the program fee and other terms of the investment advisory program.
Merrill Edge $750 Bonus
Merill Edge has an exclusive offer for Preferred Rewards members where you can get a cash bonus of up to $750 when you invest in a new Merill Edge Self-Directed account.
- Account Type: Self-Directed Account
- Use offer code 750ME
- Availability: Nationwide
- Direct Deposit Requirement: None listed
- Credit Inquiry: Unknown
- ChexSystem: Unknown
- Monthly Fee: None
- Early account termination fee: None listed, check with CSR for more information
- Household limit: None listed
(Limited time offer)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) | WeBull (Free Stocks) |
How to Earn Up to $750 Bonus
- You must enroll during account opening by entering the offer code 750ME in the online application or by providing it when speaking with a Merrill Edge Financial Solutions Advisor™
- Fund your account with at least $5,000 in qualifying net new assets within 45 days of account opening.
- 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:
Account Funding | Bonus Amount |
---|---|
$5,000 | $50 |
$20,000 to $49,999 | $125 |
$50,000 to $99,999 | $200 |
$100,000 to $199,999 | $350 |
$200,000 or more | $750 |
- Simple flat-rate pricing
- Merrill Edge MarketPro
- View investing and banking on one page
- Research and Insights
- Full Range of Investments
- Use offer code 750ME
- Open a new Merrill Edge Self-Directed account and get up to $750
- 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.
Bottom Line
Merrill Edge is offering a great investing opportunity to prospective customers by offering a generous bonus. If you are looking to earn more and grow your savings, then Merrill Edge might be for you. With many of their products and services, you will find the one that best fit your needs.
If you want to check up on the internet’s most complete list of Brokerage Promotions, keep coming back to HMB for more!
Bookmark this page and check back often for Merrill Edge promotions, bonuses, and offers.
In addition to Merrill Edge promotions, take advantage of other popular brokerage bonuses such as Ally Invest, J.P. Morgan Self-Directed, and TD Ameritrade.
alan says
The 600ME and 750ME offers at Merrill Edge are, according to the sales rep I spoke with expired as of 7/31/23
sn says
Chat with them :
You: Regarding offer code 2019LVEXPO , anyone can use it?
Fatima C.: Did you attend the Las Vegas Expo event?
You: no
Fatima C.: Then unfortunately not. You would have had to attend the Expo in order to use that code.
You: will it ask expo ticket or something
Fatima C.: That is correct you will need to show proof of attending.
sn says
I had same question?
FOSTER says
merril edge $1,000 offer valid only for Trader Expo attendees?
robert hall says
Hi would like to take advantage of your promotion and open am a
account.Robert Hall