Brokerage bonus
Merrill (Bank of America) · CMA or IRA (code 600ME)
No end date
The terms
| Bonus | $100 at $20,000 · $150 at $50,000 · $250 at $100,000 · $600 at $200,000 |
|---|---|
| Accounts | Taxable or IRA |
| Code | 600ME |
| Money must stay | Fund within 45 days, then hold 90 days |
| Paid as | Cash |
| Ends | No end date stated |
How to actually get it
- Open a new Merrill investment account and enroll in the offer.
- Fund it with $20,000+ in qualifying net new assets within 45 days.
- Maintain the balance for at least 90 days.
Catches
- Assets moved from other Merrill / BofA Private Bank / Merrill-run 401(k) accounts do not count.
| Early-closure fee | Not stated on the offer page. Keep the account open until the bonus posts. |
|---|---|
| ChexSystems / credit pull | Not stated by the broker. |
| Taxes | Merrill may issue a Form 1099 (or other form) for the reward. |
From https://www.merrilledge.com/offers/600, checked 2026-10-24. Confirm on the broker's page before you open.
In their own words
Fund your account with at least $20,000 in qualifying net new assets within 45 days of account opening. ... After 90 days of meeting the funding criteria ... your cash reward will be determined by the qualifying net new assets ... $20,000 to $49,999 $100; $50,000 to $99,999 $150; $100,000 to $199,999 $250; $200,000 or more $600. ... Merrill reserves the right to change or cancel this offer at any time.
Quoted from https://www.merrilledge.com/offers/600, checked 2026-10-24.
See the offer at Merrill (Bank of America)Battle math
| Deposit | You keep | % of deposit | Annualized (ref.) |
|---|---|---|---|
| $1,000 | — | — | — |
| $5,000 | — | — | — |
| $25,000 | +$100 | 0.40% | 1.08% |
| $100,000 | +$250 | 0.25% | 0.68% |
| $250,000 | +$600 | 0.24% | 0.65% |
How we rank brokerage bonuses: by the dollars you keep, which is the bonus the broker pays for your deposit. The grey annualized figure is shown for reference only. Market gains or losses are not included, because they're yours either way. Stock bonuses are counted at the dollar value the broker states. Matches paid in installments are counted over the full payout period. Ties go to the shorter time your money must stay.
Investing involves risk, including loss of principal. Brokerage accounts are not FDIC insured. Bonuses only require that your money stays in the account; you can usually hold it as cash or a money-market fund. Bonuses are generally taxable. No crypto offers are listed.