New offer
Schwab Starter Kit: $50 in stock for a new account
$50 in stock slices
Open a Schwab individual brokerage account and fund it with $50 or more within 30 days. Schwab adds $50 that buys five $10 slices of the top five S&P 500 stocks.
- Deposit
- $50+ within 30 days of opening
- Keep it for
- Not stated in the offer terms
- Bonus
- $50 as five $10 stock slices
- Who
- New clients, individual account
- Payout
- Usually next trading day
How to get it
- Open a Schwab One individual taxable brokerage account and enroll in the Starter Kit offer.
- Deposit at least $50 within 30 days.
- Schwab then deposits $50, which is used to buy equal fractional shares of the top five stocks in the S&P 500.
Fine print
- The reward is stock, not cash. It's bought for you automatically as five $10 stock slices.
- Only individual taxable brokerage accounts qualify. Joint accounts and IRAs don't.
- For new clients. It can't be combined with other offers.
- The purchase usually happens the next trading day after qualifying funding. Late deposits may take one more trading day.
- The offer terms we reviewed state no hold period. That doesn't promise you can withdraw without limits.
- No public end date stated. Schwab says it can change or end 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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