Merrill Edge Promotion
Robinhood Bonus
Merrill Edge Up to $600 Bonus
Merrill Edge is offering up to a $600 cash bonus for funding a new account. To activate the bonus, you can open a new individual
Merrill IRA or Cash Management Account (CMA) with offer code 600ME, and the eligible account can be Self-Directed,
Advisory, Guided Investing, or Guided Investing with an Advisor. Keep reading for the details.
Key Takeaways
• Compared with the deposits needed to trigger it, Merrill Edge’s deposit bonus is relatively small. However, the time required to unlock the funds is shorter than what you will see at other brokers.
• Merrill Edge’s deposit bonus ranges from $100 to $600, with deposit tiers deciding each award.
Merrill Edge Bonus Description
The Merrill Edge Promotion is a tiered cash bonus offer based on funding thresholds that benefits new customers who use offer code 600ME.
There are four bonus levels, each unlocked by a qualifying deposit. The first level awards a $100 bonus for a minimum deposit of $20,000. The second level offers a $150 bonus for a deposit of at least $50,000. The third level grants a $250 bonus for a minimum deposit of $100,000. The final level provides a $600 bonus for a deposit of $200,000 or more.
To qualify for the bonus, you must deposit the necessary qualifying net new assets within 45 days of opening your account. The reward is determined after you meet the funding criteria for 90 days. After that 90-day period ends, Merrill Edge will credit your account with the bonus funds in about two weeks.
Merrill Edge Offer Code Terms
As with every promotional offer, Merrill Edge’s up to $600 bonus has terms and conditions. It’s good to know these so you can make the most of the offer.
The Merrill offer is only available in the aggregate to one CMA and one IRA per accountholder.
The funds you use to unlock the bonus payout must be qualifying net new assets. Merrill calculates this by adding incoming assets and transfers and subtracting assets withdrawn or transferred out within the preceding 24 weeks. Assets from MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count toward the bonus.
Only new individual Merrill IRA or CMA accounts are included in the program. Eligible IRAs include Traditional IRAs, Roth IRAs, and owner-only SEP IRAs. Merrill Edge bonus money cannot be accessed by accounts designated as corporate, business, fiduciary, partnership, or investment club.
Merrill Edge Promotion For Existing Customers
The $600 Merrill Edge offer is designed for new eligible accounts. Existing Merrill customers may need to check whether a different or better offer is available for their situation.
Merrill Edge Review
Read Merrill Edge Investing Review »
Updated on 7/15/2026.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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