![]() Please do you own research or ask your financial advisers before making a change in your investment plans. Keep in mind, you do need also a Bank of America checking account to qualify for Preferred Rewards. There are lots of brokerage bonuses, but an additional reason a lot of us are interested in using Merrill Edge is due to their Preferred Rewards structure which can give you a regular 2.62% earnings on all spend and other nice earning opportunities. The 2.62% rate works both on the Premium Rewards card and on the Travel Rewards card. Another note: if my memory serves me right, when I did a Merrill bonus a number of years ago, I did not get a 1099 form for the bonus (despite the terms). Note that the standard $600 bonus offer only requires holding the funds there for 90 days while this $1k offer requires 180 days. Truth be told, Merrill agents might always be able to apply this $1,000 offer manually, but it’s easier to do when it’s a public online offer and you don’t have to make requests. This one looks like an ordinary public offer with a public landing page which anyone can do by entering the promo code. It’s been a really long time since we’ve seen this offer publicly (I believe it was end of 2016) since then we’ve seen similar offers targeted to those who attended a specific expo or a slightly worse $900 offer. The standard Merrill Edge offer is to get between $100-$600 with this offer it’s $100-$1,000. Please consult your tax advisor, as Bank of America Corporation and its affiliates and associates do not provide tax advice. In addition, Merrill may issue an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of this reward. The value of this reward you receive may constitute taxable income.If your account is enrolled in an investment advisory program, such as Merrill Edge Advisory Account, Merrill Guided Investing or Merrill Guided Investing with an Advisor, any cash reward deposited into your account will be subject to the program fee and other terms of the investment advisory program. Your one-time cash reward will be deposited into your IRA or CMA within two weeks following the end of the 180 90 day period.For purposes of this offer, qualifying net new assets are calculated by adding total incoming assets or transfers (including cash, securities and/or margin debit balance transfers) from external accounts, and subtracting assets withdrawn or transferred out of the account within the preceding 52 weeks.Funds cannot originate from 401(k) accounts administered by MLPF&S. Must fund your account within 45 days with funds originating outside Bank of America and MLPF&S.You must have the qualifying balance 180 90 days after funding. ![]() This offer may not be used as an inducement to sell any kind of insurance, including annuities.
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