Skip to main content

Charles Schwab Promotions: Starter Kit & $1,000 Referral Bonus

Are you looking for a Charles Schwab account bonus?

If so, you’re in the right place – we the details on two bonuses that are available from Charles Schwab and the right one for you will depend on your financial situation.

If you are looking to open a new account but are NOT transferring in a large sum (over $25,000) from another brokerage or bank, then you’ll want the first offer – the Schwab Starter Kit.

If you are looking to move from another brokerage, then the second transfer bonus will be the better fit for you.

Table of Contents
  1. Charles Schwab $101 Starter Kit
  2. Charles Schwab Refer a Friend – up to $1,000
  3. How does this compare?

Charles Schwab $101 Starter Kit

If you’re looking to get a bonus for opening a Charles Schwab account and have at least $50, then this offer is the one for you.

Charles Schwab Logo

To get this, open an account on the promotional page (linked below) and then fund it with at least $50 within the first 30 days. You will then receive a “Schwab Starter Kit” that includes $101 in stock split up between the top five stocks (“slices”) in the S&P 500.

The stocks are “Schwab Stock Slices,” which are simply fractional shares of stock, and you get them on the next trading day.

The slices you get will be the five largest companies, by market capitalization, in the S&P 500 when you open the account. The image we used above is from May 22nd, 2023 – it includes Microsoft, Amazon, NVIDIA, Apple, and Alphabet (Google).

👉 See the Starter Kit offer at Charles Schwab

(No expiration shown)

Charles Schwab Refer a Friend – up to $1,000

If you have some cash to deposit, or are transferring from another brokerage account, you’ll want the referral bonus instead of the stock slices above.

The Charles Schwab Referral bonus is up to $1,000.

To get this, open a new account with a referral link (here) and transfer into your account at least $25,000 within 45 days.

The bonus is based on how much you deposit:

  • Fund with $25,000 – $49,999 – $100
  • Fund with $50,000 – $99,999 – $300
  • Fund with $100,000 – $499,999 – $500
  • Fund with $500,000 or more – $1,000

The bonus award will be transferred into your account about a week after the 45 day period ends. Two clients in the same home can get this award as long as they open individual accounts.

(Charles Schwab does not, at this time, reimburse account transfer fees)

👉 Open a new account with this Refer a Friend link

How does this compare?

If you want a Charles Schwab account, these are the best bonuses we know of. Charles Schwab is a respected brokerage and one that has earned his sterling reputation.

If you are looking for bonuses and brokerage agnostic, it’s comparable to others but there are higher dollar bonuses for new brokerage accounts.

TastyTrade has a bonus of up to $3,000 with the following schedule:

Deposit Amount Cash Bonus
$5,000 – $24,999 $100
$24,000 – $99,999 $500
$100,000 – $249,999 $2,000
$250,000 or more $3,000

Yieldstreet, while not a traditional brokerage, also offers a bonus of up to $500 when you deposit:

  • Get $50 when you deposit $1,000 – $4,999.99
  • Get $250 when you deposit $5,000 – $9,999.99
  • Get $500 when you deposit $10,000+

Charles Schwab has a pretty solid bonus on a great product and service, but there are higher ones out there.

The post Charles Schwab Promotions: Starter Kit & $1,000 Referral Bonus appeared first on Best Wallet Hacks.



from Best Wallet Hacks https://ift.tt/qfGypol
Labels:

Comments

Post a Comment

We will appreciate it, if you leave a comment.

Popular posts from this blog

How To Get Paid To Go to College: 12 Tactics to Consider

College is an exciting time for students to live on their own, make new memories, and create lasting friendships. What’s not exciting is the debt you might inherit once you graduate. In the last decade, student loan debt increased by nearly 70 percent , with over 43 million students facing outstanding student loan debt.  What if there was a way you could get paid to go to college and avoid taking out any student loans ? Sounds too good to be true, right? Well, we have twelve tactics for you to consider that just might help you go to college for free. Keep reading for our favorite tips or jump to a specific tactic below to learn more!  Submit a FAFSA Apply for Grants Research Various Scholarships Consider Community College Attend Tuition-Free College Check if You Qualify for Tax Breaks Become an RA Join the Military Get a Work-Study Job Seek Off-Campus Employment Serve in the AmeriCorps Ask If Your Employer Has Tuition Reimbursement 1. Submit a FAFSA Applying for fina
Post a Comment
Read more

Everyday Items That You Can Recycle for Money

Why toss things in the trash when you can recycle them — and make a little money in return? By diverting certain items from the waste stream and keeping them out of landfills, you can also make extra money or help out worthy causes. From scrap metal to ink cartridges, bottle caps to construction materials, you can recycle a huge variety of items in exchange for cash. We’ve also included information on how to recycle items for the sake of good will. Ready to see all the different things you can recycle for money? How to Recycle Household Items for Cash First, you’ll need to find a recycling center or collection point that is looking for what you want to get rid of. While the goal is to make money, you might settle for a donation — which could be tax deductible — if it means clearing out the garage. The collection center will also let you know how to prepare items to their specifications. Find a Collection Point To find a recycling center near you, head to Earth911.com and plug in
Post a Comment
Read more

Fizz Debit Card Review: A Credit Builder for College Students

If you’ve struggled with poor credit or are completely new to credit, you know how hard it can be to build a strong credit score. The lenders who offer the best credit products and the lowest interest rates seem only to want to deal with clients with excellent credit. But how do you build credit without debt ? To help, an increasing number of fintech companies are developing credit-builder loans and other products to help people establish or rebuild their credit. Some are more successful at it than others. In this Fizz review, I’ll explain how one company aims to help college students build credit and create healthy financial habits. But how does Fizz work, and is it safe to use? I’ll answer those questions and more in this Fizz review. Table of Contents What Is Fizz? How Does Fizz Work? How Does Fizz Make Money? Key Features of Fizz Build Credit Control Spending Earn Rewards Learn About Money Pros and Cons of Fizz Fizz Alternatives Extra Debit Card Sesame Cash
Post a Comment
Read more