Ally Invest $3,500 Cash Bonus
You can currently receive a cash bonus of up to $3,500 when you open a new account with Ally Invest. To qualify, accounts must be funded within 60 days of account opening. The qualifying deposit to open the new account must be made from outside Ally Invest. To receive the minimum cash bonus, you must invest a minimum of $10,000. This minimum must remain in the account (minus any trading losses) for a minimum of 90 days from the date of funding.
This promotion applies to IRAs as well as to taxable accounts.
Here's a breakdown of what you can get:
|Opening Balance||Cash Bonus|
|$1,000,000 – $1.99M||$2,500|
|$500,000 – $999,999||$1,200|
|$250,000 – $499,999||$600|
|$100,000 – $249,999||$300|
|$25,000 – $99,999||$200|
|$10,000 – $24,999||$50|
About Ally Invest
When Ally Bank acquired TradeKing in 2016, the merger made Ally Bank a powerful one-stop-shop for our banking and investment needs. Ally took TradeKing's excellent brokerage services to create Ally Invest.
If you aren’t currently a customer or unsatisfied with your existing broker, now might be the time to switch.
Ally Invest's commission-free trades and great customer service make it an obvious choice for new and experienced traders. There's a wide range of investing tools available, along with a comprehensive online education center.
See my review of Ally Invest for a detailed account of my experience with this service.