Newest TD Ameritrade Promotions: Best Offers, Coupons and Bonuses June 2020

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TD Ameritrade offers brokerage and retirement accounts that let customers invest in stocks, mutual funds, options, exchange-traded funds, bonds and brokered certificates of deposit. You can handle all your investment and trading needs online or through TD Ameritrade branches nationwide.

Like many brokers, TD Ameritrade offers free commissions on online trades. It also offers sign-up bonuses for opening certain accounts.

Surprisingly, few participants in a GOBankingRates survey said they’re willing to change banks or brokerages to earn a cash sign-up bonus. They might not realize how much money they’re leaving on the table.

Keep reading to learn more about TD Ameritrade’s promotions for June 2020 — including the chance to earn up to $2,500 for opening a new account. Here’s what this guide will cover:

TD Ameritrade Promotions at a Glance

The latest TD Ameritrade offers provide plenty of incentive to sign up for an investment or retirement account. Here’s a quick overview of the newest offers:

Best TD Ameritrade Promotions: June 2020
Account Cash Bonus Expiration Date
TD Ameritrade Brokerage or Retirement Up to $2,500 Dec. 31
TD Ameritrade Essential Portfolios Up to $1,650 Dec. 31
TD Ameritrade Referral program $50 per referral None

TD Ameritrade Promotions

To earn this month’s bonuses, you’ll need to meet certain requirements. Here’s how to take advantage of the current TD Ameritrade offers.

TD Ameritrade Brokerage or Retirement Account Promotion: Up to $2,500 Cash Bonus

If you have at least $250,000 to open a TD Ameritrade individual or joint brokerage account or an individual retirement account, you’ll have access to commission-free online trading and a large library of research and investment learning tools. Here’s how to earn the bonus:

  • Cash Value: Up to $2,500, depending on the amount you deposit. Here are the different tiers:
    • $250,000 to $499,999: $350 cash bonus
    • $500,000 to $999,999: $700 cash bonus
    • $1 million to $1,999,999: $1,500 cash bonus
    • $2 million or more: $2,500 cash bonus
  • Availability: Nationwide
  • Minimum Deposit To Qualify: $250,000
  • Expiration Date: Dec. 31, 2020
  • How To Get It: Open a brokerage or IRA account online and fund the account within 60 days. Maintain the balance for at least 12 months (although losses from market volatility are allowed).
  • When You’ll Get It: Three to five business days after funding the account
  • Terms and Conditions: Must use TD Ameritrade coupon code EN2500
  • Monthly or Annual Fees: None
  • Promotion Page: TD Ameritrade Brokerage or Retirement Account offer

TD Ameritrade Essential Portfolios Account Promotion: Up To $1,650 Cash Bonus

TD Ameritrade’s Essential Portfolios service gives you access to investment guidance, professional portfolio management and automated investing. Opening an Essentials Portfolios account comes with a cash bonus of up to $1,500, plus a $150 rebate to cover any transfer fees you might be charged when you send your funds over to TD Ameritrade. Here’s more:

  • Cash Value: Up to $1,650, depending on the amount you deposit. Here are the different tiers:
    • $10,000 to $49,999: $50 cash bonus
    • $50,000 to $99,999: $200 cash bonus
    • $100,000 to $249,999: $500 cash bonus
    • $250,000 to $499,999: $1,000 cash bonus
    • $500,000 or more: $1,500 cash bonus
    • Transfer of $10,000 or more: $150 transfer rebate
  • Availability: Nationwide
  • Minimum Deposit To Qualify: $10,000
  • Expiration Date: Dec. 31, 2020
  • How To Get It: Open a brokerage or IRA account and then call 888-310-7921 to have your account registered for the offer. You’ll have to fund the account within 180 days and then maintain the balance for at least 12 months (though losses from market volatility are allowed).
  • When You’ll Get It: Three to four weeks after funding the account
  • Terms and Conditions: Use TD Ameritrade coupon code TDB1500 when you call to register the offer.
  • Monthly or Annual Fees: None
  • Promotion Page: TD Ameritrade Essential Portfolios offer

TD Ameritrade Referral Promotion: $50 Per Referral

This ongoing promotion lets you earn extra cash by referring friends, family and colleagues to TD Ameritrade. You’ll get $50 for each referral who opens an account, up to $2,500 per month. The referred person who opens an account can earn up to $1,000, depending on how much they deposit. Here’s how the TD Ameritrade bonus works:

  • Cash Value: $50 per successful referral, up to $2,500 per month; friends being referred can earn up to $1,000 each, based on the initial deposit
  • Availability: Nationwide
  • Minimum Deposit To Qualify: $25,000 for the referred friend
  • Expiration Date: None
  • How To Get It: Log in to your TD Ameritrade account, enter your friend’s email and submit the information.
  • When You’ll Get It: One to two business days after the referred friend makes a qualifying deposit into their new account
  • Terms and Conditions: You can refer up to 10 people per day and 50 per month. The cash bonus is limited to $2,500 per month.
  • Annual Fees: None
  • Promotion Page: TD Ameritrade Refer Friends offer

How To Open a TD Ameritrade Account

The fastest way to open a TD Ameritrade account is by applying online. You’ll be able to trade most securities on the same day you open and fund your account. You’ll need to answer some basic questions and provide the following:

  • Social Security or tax ID number for U.S. citizens.
  • Foreign tax ID, passport or visa number for non-U.S. citizens
  • Employer’s name, phone number and address

Are TD Ameritrade Promotions Worth Switching For?

You’ll need a couple million dollars to qualify for TD Ameritrade’s $2,500 bonus, and the referral promotion requires a large network of friends and family to maximize your earnings. But if you can meet the requirements, getting extra cash might be the incentive you need to make the switch.

TD Ameritrade’s brokerage accounts have many of the same features offered by other top brokerage firms. You’ll also have access to a low-cost brokerage to manage your trades and retirement investments all in one place.

This content is not provided by TD Ameritrade. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by TD Ameritrade.

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