E*TRADE Referral Program

By participating in the customer referral program, the referrer agrees that E*TRADE may disclose his/her identity as a customer of E*TRADE to the referred friend. Referrer certifies that each referred email address represents an individual known to them, and they are authorized to submit each email address to E*TRADE. The customer referral program is intended for individual referrals only; all forms of mass emailing are prohibited under the program. Without limitation, referrer may not submit group email addresses or email mailing lists, and such referrals will not be eligible to participate in the customer referral program. Referred friends must be located in the US to be eligible to participate in the customer referral program.

Here is how the $50 referral gift card works: Referrer offer valid only for existing E*TRADE customers. Current E*TRADE and Morgan Stanley employees, including any subsidiaries thereof, non-U.S. residents, and any jurisdiction where this offer is not valid are not eligible for the referrer or referred award. Qualified customers must be of legal age in their state of residence. The existing customer (referrer) will receive a $50 Amazon.com Gift Card as a reward for their friend opening and funding a new brokerage account with a minimum of $500. The existing customer is limited to payment for ten referrals for a maximum credit of $500 per calendar year. E*TRADE Securities reserves the right to terminate this offer at any time. Offer ends May 15, 2023.

Restrictions apply, see amazon.com/gc-legal

Here is how the offer works for qualified referred friends:

Offer valid for one new E*TRADE Securities non-retirement Individual or Joint brokerage account opened by May 15, 2023 the offer expiration date, and funded within 60 days of account opening.

 

Here's how to get the cash credit:

New customer opening only one account

These rules strictly apply to customers who are opening one new E*TRADE non-retirement brokerage account, do not have an existing E*TRADE account and do not open a new E*TRADE account for 60 days after enrollment in this offer. For other circumstances, please refer to the “New Customers Opening More than One Account” disclosures below.

Reward tiers under $200,000 ($5,000-$19,999; $20,000-$49,999; $50,000-$99,999; $100,000-$199,999) will be paid within seven business days following the expiration of the 60 day period. However, if you deposit $200,000 or more, you will receive a cash credit within seven business days, followed by any additional reward based on your fulfillment tier at the expiration of the 60 day period. If you have deposited at least $200,000 in the new account, and you make subsequent deposits in that account to reach a higher tier, you will receive a second cash credit following the close of the 60 day window. For example, if you deposit $250,000, you will receive a cash credit of $700 within seven business days, then if you deposit an additional $300,000 into your new account, you will receive an additional cash credit of $500 at the end of the 60 day window for a total reward of $1,200. If you deposit between $200,000 and $1,499,999 in your new account, you will receive a cash credit in two transactions at the end of the 60 day window—depending on your initial funding amount. If you deposit $1,500,000 or more in your new account, you will receive two cash credits that will total $3,500 within seven business days. Cash credits will be paid to the account where the deposit is made.

New customers opening more than one account

If you enroll in this offer by opening a new account and then open one or more new accounts within 60 days of enrolling in this offer, different rules apply.  Reward tiers under $200,000 ($5,000-$19,999; $20,000-$49,999; $50,000-$99,999; $100,000-$199,999) will be paid per the “new account” column denoted below following the expiration of the 60 day period.

In addition, if you deposit $500,000 or more into your new account, then deposits made in eligible linked accounts during the 60 day period funds will be aggregated for purposes of the reward and the credits will be paid pro-rata to all accounts where deposits were made during the 60 day period. For example, if you have deposited $500,000 in your new account during the 60 day period, and during the same period you deposited $500,000 into another eligible account you have linked to the account you will receive $700 in your new account and $500 into the other eligible account. Your reward will be paid within seven business days following expiration of the 60 day period.

 

However, if you deposit $1,000,000 or more into your new account, then deposits made in eligible linked accounts during the 60 day period will be aggregated for purposes of the reward and the credits will be paid pro-rata to all accounts where deposits were made during the 60 day period. For example, if you have deposited $1,000,000 in your new account during the 60 day period, and during the same period you deposited $1,000,000 into another eligible account you have linked to the account you will receive $700 in your new account and $1800 into the other eligible account.

If you deposit $1,500,000 in your new account, you will receive two cash credits that will total $3,500 within seven business days. If you deposit $1,500,000 in your eligible linked accounts during the 60 day period funds will be aggregated for purposes of the reward and the credits will be paid pro-rata to all accounts where deposits were made during the 60 day period. For example, if you deposit $1,500,000 in your new account, and during the same period you have deposited $1,500,000 into eligible account you will receive $700 in your new account and $2,800 into the other eligible account.

 

Offer rules for all participants:

New funds or securities must be deposited or transferred within 60 days of enrollment in offer, be from accounts outside of E*TRADE, and remain in the account (minus any trading losses) for a minimum of twelve months or the cash credit(s) may be surrendered. For purposes of the value of a deposit, any securities transferred will be valued as of the closing price of the securities at market on the business day the deposit is received as reflected in transaction history. Removing any deposit or cash during the promotion period (60 days) may result in lower reward amount or loss of reward. Any assets transferred from Morgan Stanley accounts to E*TRADE are not considered to be from accounts outside of E*TRADE and may not be included for purposes of offer eligibility or reward amount calculations, at E*TRADE’s sole discretion.

If you are attempting to enroll in this offer with a Joint Account, the primary account holder may have to fulfill at the tiers noted before the secondary account holder can enroll in this offer. If you experience any issues when attempting to enroll with a Joint Account, please contact us at 800-387-2331 (800-ETRADE-1) and we will be able to assist you with your enrollment.

Offer Limitations

This offer is not valid for any business (incorporated or unincorporated) accounts, E*TRADE Futures, E*TRADE Capital Management, Morgan Stanley Private Bank, National Association accounts, or retirement accounts. Excludes current E*TRADE and Morgan Stanley employees, including any subsidiaries thereof, non-U.S. residents, and residents of any jurisdiction where this offer is not valid. You must be the original recipient of this offer to enroll. Customers may only be enrolled in one offer at a time. Cannot be combined with any other offers. Each customer limited to a maximum of two new account offers.

E*TRADE Securities reserves the right to terminate this offer at any time.

E*TRADE credits and offers may be subject to U.S. withholding taxes and reporting at retail value. Taxes related to these credits and offers are the customer’s responsibility.

E*TRADE and its affiliates do not provide tax advice.