Important to note that 10% bonus means 10% of the 1% or 2%. So essentially a 1.1%/2.2% cash back card. Level 2 Comment deleted by user 3 years ago More than 1 child. Ally Invest $3,000 Cash Bonus. You can currently receive a cash bonus of up to $3,000 when you open a new account with Ally Invest. To qualify, accounts must be funded within 60 days of account opening. The qualifying deposit to open the new account must be made from outside Ally Invest. Just got an email from Ally, they will reward you with 1% of the value of any deposit you make from an external account to an eligible Ally account as long as you sign up by 3/20/2020 and you leave the money in there until 6/30/2020.
I’ve been a fan of Ally Bank since the early days and it’s been my main bank for many years.
I’m a big fan of Ally Bank as a bank given all of its perks and it’s made even better when there is a bonus. If you want to learn more, our deeper review of Ally Bank will help you understand why I like them so much.
Ally typically offers two types of bonuses –
- Ally Bank – for checking, savings, and other deposit products
- Ally Invest – for self-directly and managed brokerage accounts
They offered up to $250 if you opened up an Ally Bank savings account, money market account, or CD and fund your account with at least $1,000 in new-to-Ally Bank funds. Keep the funds in the account for three months and get the bonus for 1% of the amount you deposited up to $250. (you can still see the terms & conditions of this offer on their site)
What made this offer unique was that it was available to new and existing customers. They calculated the bonus based on the amount you transferred so existing customers were not left out.
Ally Invest – up to $3,000
Ally Invest is the brokerage arm of Ally and the bonus is based on the amount you deposit into your account. Once you get the bonus, you can’t withdraw the amounts for 300 days or you forfeit the bonus. If you’re in a pinch, you can withdraw it but you risk the bonus.
The bonus is based on this schedule:
To qualify for this bonus, you can transfer your assets from another brokerage and Ally Invest will even credit your transfer fees. In an ACATS (Automated Customer Account Transfer Service) transfer, the other brokerage may charge you a fee to transfer your assets in-kind (meaning you don’t sell anything and incur a capital gain) but these are expensive. Ally Invest will pay this fee if you transfer at least $2,500 in assets once you show evidence of the charge. (this doesn’t apply to termination or maintenance fees, just the ACATS fee)
How Does This Bonus Compare?
Since Ally Bank doesn’t have an active bank promotion, it’s hard to compare but here are a few great live offers.
Chase Bank’s best checking bonus offer live will give you $200 when you open a new Chase Total Checking account and set up and receive a direct deposit within 60 days. You have to keep the account open for at least 6 months or the bonus will be taken back. There is a $12 monthly service fee that is easy to get waived, such as having a monthly direct deposit of $500 or more.
If you don’t want to mess with a direct deposit but you have a large balance, Citi’s promotional offer is exceptional if you have $50,000 to move over. Get $700 when you deposit $50,000 in new-to-Citibank funds and maintain it for 60 days. This offer is also possible with “just” $15,000 in new funds but the bonus drops to $300.
If you have more modest funds, another bank bonus offer to consider is Bank of America. You only need $25 to open an account and once you get two qualifying direct deposits of $250 or more within the first 90 days, you’ll get $100.
If none of these catch your eye, we maintain a list of the best bank promotions here.
Ally Invest is an online stock and options broker that offers $0 commissions on U.S exchange-listed stock, ETF, and option trades with a wide selection of ETFs available from top funds like iShares, Schwab, GlobalX, and Vanguard.
There are no minimum balance and no minimum trade activity requirements, and Ally Invest also offers equity option trades for just $0.50 per contract.
On top of that, you can earn this Ally Invest $100-$3,000 Cash Bonus when you deposit a minimum of $10,000 into your new account.
Ally Invest will even credit you with up to $150 in transfer fees that another brokerage may charge if you complete a first-time account transfer for $2,500 or more.
Ally Invest $100-$3,000 Cash Bonus
Check out this Ally Invest $100-$3,000 Promotion to get up to a $3,000 cash bonus when you open a new Ally Invest account.
Ally Bank Cash Offer
How To Qualify for Cash Bonus from Ally Invest
1. Open a new Ally Invest Self-Directed Trading Account.
2. Fund your account within 60 days of account opening to earn a bonus based on your deposit amount:
- $3,000 Bonus for $2,000,000+ Deposit or Transfer.
- $2,000 Bonus for $1,000,000+ Deposit or Transfer.
- $1,200 Bonus for $500,000+ Deposit or Transfer.
- $600 Bonus for $250,000+ Deposit or Transfer.
- $300 Bonus for $100,000+ Deposit or Transfer.
- $250 Bonus for $25,000+ Deposit or Transfer.
- $100 Bonus for $10,000+ Deposit or Transfer.
3. Receive the bonus cash credit to your account within 10 business days of meeting the promotional requirements.
Ally 10 Deposit Bonus Offer
4. Once the account is credited, the bonus and initial qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days after the requirements have been met.
Ally Invest Cash Bonus and Free Trade Details
- The offer is valid for 1 new individual or joint Ally Invest Securities LLC account.
- Offer is open to U.S. residents only and excludes current Ally Invest account holders and former Ally Invest (formerly TradeKing Securities LLC) account holders who have closed your accounts within the past 90 days.
- Accounts must be opened funded within 60 days of account opening.
- The qualifying deposit to open the new account must be from outside Ally Invest.
- The new account must be funded with a minimum qualifying deposit of $10,000 or more to receive the Minimum Cash Bonus.
- The minimum qualifying funds to receive bonus offer must remain in the account (minus any trading losses) for a minimum of 300 days from the date of funding.
- If the qualifying deposit(s) are removed, the bonus payout may be revoked.
Ally Invest Online Stock and Options Broker
- Trade Stocks, Options, ETFs, Mutual Funds, and Bonds.
- Custom Charts and Tools to Analyze Trades and Performance.
- Free Calculators to Help You Make the Most of Your Trades.
- Stay on Top of the Market with Live News and Streaming Quotes.
- Access Your Account Any Time across Multiple Devices.
- No Minimum Deposits or Trading Activity to Open or Maintain Account.
Ally 10 Deposit Bonus Codes
Try Ally Invest to get commission-free trades, plus earn $100-$3,000 in bonus cash with a new account.
Ally Bank Cash Bonus
You may also be interested in this TD Ameritrade Promotion to receive free trades with your new online brokerage account.