Merrill Edge: Earn Up To $1000 Brokerage Bonus

This offer gives customers up to a $1,000 bonus for opening an account.

The promotion has expired. However, you can take advantage of the benefits of the merrill edge account.

About Merrill Edge

Merrill Edge offers online and advised investing, trading, brokerage, and banking services. It’s made up of divisions, including investment center operations, advisor networks and E-trade.

Recently they’ve been growing their operations by opening 600 new centers and adding 300 advisors to their team.

Merrill Edge provides a seamless banking and brokerage experience for investors, bringing together all their banking and investment needs with Bank of America’s Preferred Rewards program, which offers discounts on Merrill Guided Investing accounts and more.

The higher your average daily balance in Bank of America and Merrill investment accounts, the better the rewards—so there’s even more reason to open a Merrill Edge account if you’re already a Bank of America customer!

Merrill Edge is a solid choice for long-term, do-it-yourself investors–especially those who are already Bank of America customers. It’s also a good option for investors who want guidance without paying a lot.

Merrill Edge $1,000 Bonus [EXPIRED]

Currently, Merill Edge has a public offer that will give new customers up to a $1,000 bonus.

See how it works:

$100 cash bonus for transferring at least $20,000 in qualifying assets;
$200 cash bonus for transferring at least $50,000 in qualifying assets
$400 cash bonus for transferring at least $100,000 in qualifying assets
$1,000 cash bonus for transferring at least +$250,000 in qualifying assets

You’ll need to:

1) Access the promotion page

The promotion has expired. However, you can take advantage of the benefits of the merrill edge account.

2) Access the promotion page

Select “Get started” and choose from our variety of investment accounts. Don’t forget to insert the code “1000PR” to qualify the promotion. Or you can call Merrill Edge telephone number 877.657.3847

3) Make a qualifying deposit

The last step is making a qualifying deposit to your new account within 45 days and maintain your balance for at least 90 days.

Merrill Edge Rewards

There are some bonuses of having an account at Merrill Edge brokerage, one of them is the Merrill Edge Reward, called “Preferred Rewards” that is free to join. You’ll earn rewards in debit card rewards, bank offers, and other perks.

The Basic Banking rewards program is based on the idea that you get rewarded when you bank with Bank of America (BofA) or Merrill Edge (ME). You can achieve one of three levels of status depending on your average balance across all accounts; Gold, Platinum, Platinum Honors and Diamond.

How to Open Merrill Edge Account

To open an account with an online broker, you’ll need to be at least 18 years old and have a valid ID. You can do it all online, often in just a few minutes or less. Some brokers require a couple of days to review your credentials before opening your account. Instead of just storing cash on your account, you’ll hold your financial assets–like shares and foreign exchange positions–on the account.

See the step by step:

1) Choose your Merrill Edge account

Make sure you read the following information before you submit your personal information. You will have to select the right type of account on the registration page, but after that you can complete other fields.

2) Add personal info

The initial step is to answer a basic information questionnaire. You’ll have to input your name, birthdate, address, nationality, employment, and other related information. This will depend on the broker you choose. You will also have to answer some security questions in order to verify that you’re legally allowed to trade. Some of the questions will be about your trading experience as well.

3) Identify yourself

In this step of the process, the broker website will ask you to scan and upload your proof of identity.

4) Review the information

Once registration is complete and you’ve been identified, you need to review the information you provided and sign a virtual contract with the broker of your choosing.

5) Transfer Funds

Once your account is verified and open, you can start buying and selling stocks. Just deposit some value to your broker account (consider the minimum value of the promotion).