TD Ameritrade 300

Ally Invest Promotion and Bonus

Current July 2021 Ally Invest promotion code: $3,000 bonus and $150 in transfer fees reimbursed. Best Ally Invest offers for opening a new account or for existing customers depositing cash into regular brokerage individual/joint account, ROTH IRA, 401K Rollover IRA, or Traditional IRA.

Ally Invest Bonus

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Ally Invest Promotion Details

Ally Invest BonusDeposit or Transfer
$3,000 $2 MM+
$2,000 $1MM - $1.99MM
$1,200 $500k - $999.9k
$600 $250k - $499.9k
$300 $100k - $249.9k
$200 $25k - $99.9k
$100 $10k - $24.9k

Funding - Accounts must be opened by the end of 2021 and funded within 2 months of account opening. The qualifying deposit to open the new account must be from outside Ally Invest. The new account must be funded with a minimum qualifying deposit of $10,000 or more to receive the Minimum Cash Bonus. The minimum qualifying funds to receive the bonus offer must remain in the account (minus any trading losses) for a minimum of 90 days from the date of funding.

Ally Cash Bonus - The minimum deposit to receive a cash bonus is $10,000. Cash bonus levels are identified above. Accounts will receive the specified credit, depending on the initial deposit amount, deposited into the account within ten (10) days of meeting the qualifying requirements. Once the account is credited, the bonus and initial qualifying deposit is not available for withdrawal for 300 days after the requirements have been met. If the qualifying deposit(s) are removed the Ally Invest bonus payout may be revoked.

Transfer Fee Credit – If using an ACAT form, it must be received within 15 days of opening the new account. Account owners who complete a first-time ACAT transfer of $2,500 or more are eligible to receive a transfer fee credit of up to $150 to cover the outgoing transfer fee from the current brokerage firm. The credit will be deposited into the new account within 30 days of the receipt of evidence of charge. The credit cannot be applied to Termination or Maintenance Fees.

Ally Invest $150 Promotion Code

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Ally Invest Promotion Code Details

Ally Invest will reimburse another firm's transfer fee, up to $150, when a client moves an account worth at least $2,500. There is no promo code required for this offer. This Ally Invest special only refunds transfer fees. It does not cover closeout or termination charges.

It can take up to one month for the refund to appear in the new Ally Invest account. New clients must fill out a transfer reimbursement form and send it to Ally Invest with evidence of the transfer charge. Typically, a statement that shows this fee will work.

This Ally Invest promotion would be a wise choice for investors who aren't happy with their current broker. With a free move, Ally Invest is definitely worth trying.

Ally Invest Review and Rating

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Ally Invest Mutual Funds

Ally Invest offers a large number of mutual funds for sale through its site and trading platform. They have thousands of mutual fund products available, and the website contains a Mutual Fund Navigator that gives an investor a screening and evaluation tool to help pick the best funds. There are ranking charts to view funds by sector, market capitalization, geographical region (for international funds), and by Lipper rating. Clients can view funds by either high or low performance, and in different time frames - from one day to three years.

There are pre-defined screens available by fund category including asset allocation, technology, top rated/low expense, high yield, no-load and commodity funds. Clients can also create customized screens based on personal criteria to display a listing of the top funds offered. In addition, an investor can search by fund name or family of funds to see if Ally Invest offers it. The fee for buying mutual fund is $0 for load funds, and $9.95 for no-load funds.

Ally Invest Promotions

Ally Invest No-load Funds

The easiest way to view top performing no load funds is right on the Mutual Fund Navigator which lists the best funds over selected time frame. With one click of the mouse, a client is given the top 5 choices and can go straight to the fund of interest. If an investor wants to see more choices, the next step is to go to the Screener.

A quick review of the Mutual Fund Screener reveals the ease of locating no load funds offered on the site. There are 1835 no load funds offered in all categories, including equity, mixed equity income and money market The largest category is equity funds with over 1100 on offer. The smallest category, money market funds still displays 95 choices. There is a way to narrow the search by using criteria of fund classification in an easy to use display.

One can drill down further into the listing by selecting top performers, expense ratios, dividend yield and various risk analysis tools. For example, the expense ratio is fairly important for a no load fund, since many funds will make up for the zero load offering by using a large expense ratio. A no load fund with a low expense ratio can look attractive as long as the performance is sound.

Examples of top fund families on offer at Ally Invest in the mixed equity category are the AIM Growth Series, Fidelity Asset Manager, Janus Global Funds and Vanguard STAR funds. A fixed income search for high Lipper ratings reveals a screen that has notations of 1 to 5 in areas of tax efficiency, expense and consistency of return. Leading funds using this criteria include Eaton Vance, AIM, T. Rowe Price and Northern Funds. If an investor knows exactly the type of fund that they want, and have specific criteria in mind, they can select from the screens that fit their preferences for no load funds.

Ally Invest Promotions Disclaimer

Current Ally Invest promo offers and incentive details to open a new brokerage or IRA account could change at any time without notice.