Open a Merrill Edge Account and deposit $5,000 or more to your new 529 NextGen College Investing account within 45 days to receive a $50 bonus. Maintain your qualifying deposit for at least 90 days and receive your cash bonus within 45 days after the 90-day qualifying period. Make sure to use the promo code COLLEGE when opening an account.
Merrill Edge Brokerage Bonus Breakdown:
- Deposit $5,000 or more to receive $50 bonus
Merrill Edge Brokerage Account Features:
- Tax advantages – Any earnings generated will be federal (and possibly state) income-tax-free as long as withdrawals are used for qualified higher education expenses. Certain states may offer tax or other benefits for investing in their Section 529 plans.
- No age limits on contributions and withdrawals. No income limits on contributions.
- Planning tools – The personalized College Planning Tool helps you take a closer look at how to pay for college.
- Full range of investment offerings – In addition to 529 plans, Merrill Edge offers thousands of mutual funds, ETFs, stocks, bonds and other investments.
Merrill Edge Brokerage Bonus Information:
- Apply Now
- Account Type:
- Availability: Nationwide
- Expiration Date: None
- Online Trades:
- Hard Inquiry: No, Soft pull only. Hard pull if you apply for margin.
- Monthly Fee:
- Additional Requirements: Must deposit $5,000 or more for the maximum bonus.
- Closing Account Fee: Make sure to keep the deposit amount in your account for at least 90 days or your award may be reclaimed by Merrill Edge.
Apply for a Merrill Edge Account and deposit $5,000 within 45 days for the maximum $50 bonus. The $50 bonus is a one-time credit that will be awarded to the newly opened NextGen College Investing Plan Account after meeting the requirements. The $50 bonus will be awarded during the calendar month after the 90-day qualifying period. When opening an account, be sure to use the code COLLEGE. See our exclusive list of brokerage bonuses!