Merrill Edge Brokerage Bonuses: $600, $750, $1000 Offer Promotions (Nationwide)

Take advantage of the latest Merrill Edge Brokerage Bonuses, promotions and offers here.

Update 5/6/24: The $1000 is back with no listed expiration date. There is also the $600 and $750 offers available.

Merrill Edge Brokerage Bonuses Review

I’ll review the current Merrill Edge Brokerage Bonuses below.

Merrill Edge $1,000 Self-Directed Bonus

• What you’ll get: Up to $1,000 Bonus
• Eligible account: Merrill Edge Self-Directed Online Investment Account
• Credit Inquiry: Soft Pull
• Availability: Nationwide
• How to earn it:
  • You must enroll by entering the offer code in the online application during account opening or by providing it when speaking with a Merrill Financial Solutions Advisor at 888.637.3343 or at select Bank of America® financial centers.
  • You are solely responsible for enrolling or asking to be enrolled in the offer.
  • Fund your account with at least $20,000 in qualifying net new assets within 45 days of account opening. Assets transferred from other accounts at MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets.
  • You must be enrolled in Preferred Rewards as of 90 days from meeting the funding criteria described in Step 2.
  • After 90 days from meeting the funding criteria described in Step 2, your cash reward will be determined by the qualifying net new assets in your account (irrespective of any losses or gains due to trading or market volatility) as follows:

(Limited time offer)

Fine Print

• Offer valid for new and existing individual Merrill IRAs or Cash Management Accounts (CMA). Cash bonus offers, in the aggregate, are limited to one CMA and one IRA per accountholder. Eligible Merrill IRAs are limited to Traditional, Roth, and owner-only SEP IRA. The Merrill IRA or CMA may be a Merrill Edge Self-Directed account, Merrill Edge Advisory Account, Merrill Guided Investing account or Merrill Guided Investing with Advisor account. You may be eligible for a different or better offer. Please contact us for more information.
• Offer Limitations: This offer does not apply to business/corporate accounts, investment club accounts, partnership accounts and certain fiduciary accounts held with Merrill, UTMA/UGMA accounts, 529 Plan accounts, or to any types of accounts (including IRAs or CMAs) held with other business units of Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S). Merrill reserves the right to change or cancel this offer at any time, without notice. This offer may not be used as an inducement to sell any kind of insurance, including annuities.

Merrill Edge $600 Brokerage Bonus

Earn up to a $600 bonus from Merrill Edge when you open a new Investment Account.

• What you’ll get: Up to $600 Bonus
• Eligible account: Merrill Edge Self-Directed Online Investment Account
• Credit Inquiry: Soft Pull
• Availability: Nationwide (Branch Locator)
• How to earn it:
  • You must enroll during account opening by entering the offer code in the online application or by providing it when speaking with a Merrill Financial Solutions Advisor at 888.637.3343 or at select Bank of America® financial centers. You are solely responsible for enrolling or asking to be enrolled in the offer.
  • Fund your account with at least $20,000 in qualifying net new assets within 45 days of account opening. Assets transferred from other accounts at Bank of America, MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets.
  • After 90 days of meeting the funding criteria described in Step 2, your cash reward will be determined by the qualifying net new assets in your account (irrespective of any losses or gains due to trading or market volatility) as follows:

(Limited time offer)

Editor’s Note: Merrill has a secret brokerage bonus offer with higher tiers by simply requesting it from a Merrill advisor. Below are the tiers:

• $20,000 to $49,999 – $100
• $50,000 to $99,999 – $150
• $100,000 to $199,999 – $250
• $200,000 to $299,999 – $600
• $300,000 to $499,999 – $1,000
• $500,000 to $999,999 – $1,500
• $1,000,000 or more – $2,500
• $2,000,000 or more – $3,500
• $5,000,000 or more – $5,000
• $10,000,000 or more – $7,500

Fine Print

• Offer valid for new individual Merrill IRAs or Cash Management Accounts (CMAs). Cash bonus offers, in the aggregate, are limited to one CMA and one IRA per accountholder. Eligible Merrill IRAs limited to Traditional, Roth and owner-only SEP IRA. The Merrill IRA or CMA may be a Merrill Edge Self-Directed account, Merrill Edge Advisory account, Merrill Guided Investing account or Merrill Guided Investing with an Advisor account. You may be eligible for a different or better offer. Please contact us for more information.
• Offer Limitations: This offer does not apply to business/corporate accounts, investment club accounts, partnership accounts and certain fiduciary accounts held with Merrill, or to any types of accounts (including IRAs or CMAs) held with other business units of Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S). Merrill reserves the right to change or cancel this offer at any time, without notice. This offer may not be used as an inducement to sell any kind of insurance, including annuities.

Merrill Edge $750 Brokerage Bonus

• What you’ll get: Up to $750 Bonus
• Eligible account: Merrill Edge Self-Directed Online Investment Account
• Credit Inquiry: Soft Pull
• Availability: Nationwide (Branch Locator)
• How to earn it:
  • You must enroll during account opening by entering the offer code 750ME in the online application or by providing it when speaking with a Merrill Edge Financial Solutions Advisor™
  • Fund your account with at least $5,000 in qualifying net new assets within 45 days of account opening.
  • After 90 days of meeting the funding criteria described in Step 2, your cash reward will be determined by the qualifying net new assets in your account (irrespective of any losses or gains due to trading or market volatility) as follows:

(Limited time offer)

Fine Print

• Use offer code 750ME
• Open a new Merrill Edge Self-Directed account and get up to $750
• Offer valid for new individual Merrill IRAs or Cash Management Accounts (CMAs)
• Offer is limited to one CMA and one IRA, with no more than two enrolled accounts per accountholder.
• Eligible Merrill Edge IRAs limited to Rollover, Traditional, Roth and Sole-Proprietor SEP only.
• The Merrill IRA or CMA may be a Merrill Edge Self-Directed account, Merrill Edge Advisory Account or Merrill Guided Investing account.
• You must enroll during account opening by entering the offer code in the online application or by providing it when speaking with a Merrill Financial Solutions Advisor at 888.637.3343 or at select Bank of America® financial centers. You are solely responsible for enrolling or asking to be enrolled in the offer.
• Fund your account with at least $5,000 in qualifying net new assets within 45 days of account opening. Assets transferred from other accounts at Bank of America, MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets.

Merrill Edge $3,000 Self-Directed Bonus (Expired)

• What you’ll get: Up to $3,000 Bonus
• Eligible account: Merrill Edge Self-Directed Online Investment Account
• Credit Inquiry: Soft Pull
• Availability: Nationwide
• How to earn it:
  • Meet with a Merrill advisor or Wealth Management Banking Specialist to discuss the offer.
  • Open a new Bank of America Advantage Banking account by April 30, 2024.
  • Fund your accounts (combination of eligible Bank of America deposit and Merrill investment accounts) with at least $250,000 qualifying new assets to receive $1,000 or at least $500,000 qualifying new assets to receive $3,000.
    • Accounts funded with qualifying new assets within 60 days prior to when the checking account is open or within 60 days after the checking account is open are eligible to meet the funding requirements. Note that the same assets may not be used to qualify for multiple client incentives.
    • For purposes of this offer, qualifying new assets are calculated by adding total incoming assets or transfers (including cash, securities and/or margin debit balance transfers) from external accounts.
    • Eligible accounts that have been pledged may count towards new assets.
    • Assets transferred from other accounts at Bank of America, Merrill, Bank of America Private Bank, or retirement plan accounts administered by MLPF&S/Bank of America do not count towards qualifying new assets.
    • Annuities and life insurance, even if held in an eligible account, do not count towards qualifying new assets.
  • On day 61 after opening the checking account, your bonus tier will be determined based on your eligible new assets of at least $250,000 to $499,999 to receive the $1,000 incentive or $500,000 or greater to receive the $3,000 incentive across your eligible Merrill investment and Bank of America deposit accounts. You must also maintain a minimum of $5,000 daily in your new checking account from day 61 to120 after account opening. Gains and losses to qualifying investment balances from trading or market fluctuations will not be counted for purposes of meeting the balance requirements.
  • Within 120 days after opening your checking account, your Bank of America Advantage Banking account must be deemed “active” by:
    • Having at least one Bank of America Online or mobile banking login or,
    • Have qualifying direct deposit made into the account. A “Qualifying Direct Deposit” is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, or transfers from a bank or brokerage account or Merrill account.

(Expires 04/30/2024)

Fine Print

• Offer valid through April 30, 2024. This is a limited time offer and is not available for use in combination with other offers. Bank of America may change or discontinue this offer at any time without notice before that date. Offer valid for Individuals who fund accounts with at least $250,000 new combined qualifying assets into eligible Bank of America deposit accounts and/or eligible Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) investment accounts and deposit at least $5,000 into a new eligible Bank of America checking account.
• Eligible Bank of America deposit accounts include personal Bank of America deposit accounts, CDs, and Individual Retirement Accounts (IRA); eligible Merrill investment accounts, inclusive of Merrill Edge include personal Cash Management Account (CMA), Delaware Individual Investor, and IRA accounts (Traditional, Roth, Rollover, Simplified Employee Pension, SIMPLE).
• The new checking account must be owned or co-owned only by one or more individuals. Non-personal, fiduciary or trust accounts will not satisfy the checking account requirement. The qualifying assets must be owned by one of the same individuals, and may include assets owned through a revocable trust that uses the same tax identification number as the individual. Bank of America Private Bank fiduciary or custody accounts are not eligible.
• Offer limitations: You are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account within the last (12) months. Offer limited to one incentive per client. Clients must have a U.S. domestic address (this includes Puerto Rico and PO Boxes) to qualify for this offer. Clients with any foreign address are not eligible for this offer.

Conclusion

If you live near an Merrill Edge location, you have the chance to generous bonuses. There are a vast array of promotions from Merrill Edge, that’s why we aim to provide the best and most up to date bonuses currently available!

Feel free to comment on this post with any questions you may have about Merrill Edge, their accounts they offer, or any experiences you have had!

While these brokerage bonuses are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

However, if you are not interested, definitely take a look at our bank bonuses page to find other offers. Some popular brokerage offers include Ally, E*Trade, TD Ameritrade, Robinhood and many more.

Check back often for more Merrill Edge Brokerage Bonuses, Promotions, or Offers!