New offer

Merrill: $100 to $1,000 for new money, top tiers need BofA Rewards

$100 to $1,000

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Use code 1000BR and add $20,000 or more in net new assets to a Merrill CMA or IRA within 45 days. The full $1,000 tier also needs BofA Rewards enrollment.

Deposit
$20,000+ net new assets in 45 days
Keep it for
90 days after meeting the funding requirement
Bonus
$100 to $1,000 cash
Code
1000BR
Payout
Within 2 weeks of qualifying

How to get it

  1. Open or use an eligible self-directed Merrill Cash Management Account (CMA) or Traditional, Roth or sole-owner SEP IRA, and enroll with offer code 1000BR.
  2. Within 45 days, fund it with at least $20,000 in qualifying net new assets.
  3. Be enrolled in BofA Rewards, which needs a qualifying Bank of America checking account, within 90 days of meeting the funding requirement.
  4. Tiers with BofA Rewards: $20,000 to $49,999 earns $100, $50,000 to $99,999 earns $200, $100,000 to $249,999 earns $400, and $250,000 or more earns $1,000.
  5. Tiers without BofA Rewards: $20,000 to $49,999 earns $100, $50,000 to $99,999 earns $150, $100,000 to $249,999 earns $250, and $250,000 or more earns $600.

Fine print

  • Keep the balance for at least 90 days after meeting the funding requirement and stay enrolled in BofA Rewards to get the bonus shown.
  • Without BofA Rewards the reward is smaller. The two tier tables are alternatives, not added together.
  • One CMA award and one IRA award. Withdrawals in the 24 weeks before are subtracted from qualifying net new assets.
  • The qualifying Bank of America checking account has its own terms.
  • Merrill says it pays within 2 weeks after you meet the requirements.
  • No public end date stated. Merrill says it can change or cancel the offer at any time without notice.
  • The research did not establish annual, monthly or transfer-out fee amounts for this account. Treat them as unknown, not $0.

Source

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