Merrill Edge Promotions: $600, $750, $1000 Bonuses (2024)

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Here you can find the most recent Merrill Edge promotions, bonuses, and offers.

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

Merrill Edge Promotions Review

Merrill Edge Brokerage is a wholly-owned subsidiary of Bank of America. They are known as an Online Broker that provides investment opportunities for their customers. However, investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

I’ll go over Merrill Edge offers below.

Merrill Edge $1,000 Brokerage Bonus

• What you’ll get: $1,000 Brokerage Bonus
  Where it’s available: 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)

Merrill Edge $600 Brokerage Bonus

• What you’ll get: $600 bonus
• Where it’s available: Nationwide(Branch Locator)
• Credit Inquiry:Soft Pull
• Credit Card Funding: None
• How to earn it:
• SelectGet startedand choose from our variety of investment accounts.
• Determine a bonus level
• Make a qualifying deposit to your new account within 45 days and maintain your balance for at least 90 days. After that 90-day period, your cash bonus should arrive within 2 weeks.

(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

Merrill Edge $750 Brokerage Bonus

• What you’ll get: $750 Bonus
• Where it’s available: Nationwide
• How to earn it:
  • You must enroll during account opening by entering the offer code 750MEin 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 daysof 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)

Merrill Edge $3,000 Brokerage Bonus (Expired)

• What you’ll get: $3,000 Brokerage Bonus
  Where it’s available: 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)

Merrill Edge is an electronic trading platform provided by BofA Securities, part of Bank of America’s retail banking division. It was launched on June 21, 2010. Merrill Edge was created to merge Bank of America Online Investing and Merrill Lynch’s research, investment tools, and call center counsel.

Merrill Edge Brokerage Bonuses

Being an industry-leading investment company, Merrill Edge offers a wide array of investment products to better your financial history. You will be satisfied through their expertise and dedication to finding the best account and features for you to take advantage of.

Brokerage Account Features

All Merrill Edge Investment Accounts come with these features.

• $0 Online Trades: Get unlimited free online stock, ETF and option trades with Preferred RewardsFootnote, or pay just $2.95 per trade with no trade or balance minimums.
• Investing & Banking Connected: You can view and instantly transfer funds between your Merrill investment accounts and Bank of America^®bank accounts.
• Online tools and resources: You will be able to have the ability to take full charge of your investments through their vast array of features.
• Merrill Edge MarketPro: Take more control with a dynamic trading platform designed specifically for active traders, featuring real-time market data, streaming quotes and a fully customizable dashboard.

What Else To Open at Merrill Edge

Keep your eye out for these great Merrill Edge products:

• ETFs: Like mutual funds, ETFs hold a basket of stocks, bonds or other investments. Many ETFs also offer investors additional tax-efficiency advantages and greater investment transparency.
• Fixed-Income Investing: Fixed-income securities, including bonds, may be a good choice for investors seeking to build a balanced portfolio.

Author’s Verdict

If you live near an Merrill Edge location, you have the chance to earn up to $1,000 in 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! Simply deposit money into your new account and you will have access to the tremendous resources offered by Merrill Edge.

For more current offers, check out our bank bonuses page. Compare Merrill Edge rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.