Merrill Edge Promotions
Merrill Edge Promotion Code 1: Rollover or transfer your IRA to a new Merrill Edge® Individual Retirement Account and receive up to $600 in your account.
Merrill Edge Promotion Code 2: Open a new 529 plan with $5,000 and get $50* added to your account.
Merrill Edge Promotions Details
Offer valid for new Merrill Edge IRA or CMA accounts. Limit one Merrill Edge promotion offer per account and two per individual. IRAs limited to Rollover, Traditional, Roth and Sole-Proprietor SEP IRAs only. This offer does not apply to Business/Corporate Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary accounts held at MLPF&S. Merrill Edge reserves the right to change or cancel this offer at any time.
Open a Merrill Edge IRA or CMA, fund the account within 30 days from sources outside Merrill Lynch and Bank of America, and maintain balance for 90 days. Assets held by 401(k) plans through Merrill Lynch are excluded. Cash reward qualifications: assets of $25,000 to $49,999 in cash and/or securities receive $100; for $50,000-$99,999, receive $150; for $100,000-$199,999, receive $250; for $200,000 or more, receive $600. Cash reward is a one-time deposit made within 30 days into your IRA or CMA after meeting qualifying criteria.
The $50 bonus is a one-time credit that will be applied to the newly opened NextGen College Investing Plan Account after the relevant
qualification criteria are met. The $50 bonus will be paid during the calendar month after which the 90-day funding criteria are met; only one
bonus per account. The $50 bonus will be applied to your account and invested in the various securities offered by the Plan based on your
new-investment allocation in effect on the date that the bonus is provided. Merrill Edge reserves the right to change or cancel this offer
at any time. Merrill Edge does not provide legal or tax advice. Please consult a legal or tax advisor regarding your individual circumstances.
Merrill Edge Review >>
One of the biggest names in the financial services industry, Merrill Lynch offers simple and affordable investment options. A 2008 merger
with Bank of America helped the famed brokerage house avoid bankruptcy, cut costs, and improve customer service at the same time. Online stock
trading is now conducted through its Merrill Edge service, which offers two distinct trading platforms — the standard browser-based platform
and the more advanced MarketPro. But no matter which account they choose, customers can simplify their financial lives by combing banking and
investing in a single account.
For current Bank of America customers, a Merrill Edge account can be added in 10 minutes online. After linking an eligible checking or savings account,
members can transfer funds to their new investing account and start trading straight away. For non-customers, the process requires the extra step of
funding the account with an outside source. We should also mention that customers who maintain combined totals in linked accounts may be eligible
for specific rewards. For example, some Bank of America and Merrill Edge customers qualify for up to 30 free equity and ETF trades per month if they can keep
$25,000 in cash on qualified accounts.
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By linking bank and investment accounts, Merrill Edge members can manage their finances on a single page. They can write checks, pay bills, transfer funds, and invest all from the same place. This simple, practical arrangement saves time, money, and energy. And because the website never closes, customers can do their banking 24/7/365.
Merrill Edge Investments
Merrill Edge accounts give members access to a wide range of investment options, including stocks, bonds, ETFs, and thousands of mutual funds.
Easy-to-use screening tools help them narrow options by taking individual criteria into account. Customers may also limit their risk by
investing in mutual funds that have been pre-screened by Merrill Lynch professionals. Last but not least, Merrill Edge offers 12 highly
diversified portfolios that are not only pre-screened, but also managed by financial experts (hopefully not the same ones that almost bankrupted
the company in 2008).
For a limited time, customers who open a Merrill Edge brokerage account with a minimum deposit of $20,000 will receive free trades for 90 days plus a $100 bonus. Clients who can deposit a
minimum of $200,000 receive $600. The account must be funded within 45 days of account opening, and no withdrawals are allowed for 90 days. The promo code is ME600.
Updated on 3/1/2016.