Deal has ended, view more brokerage bonuses by clicking here.
The Offer
- Ally Invest is offering a $100 bonus when you open an Ally Invest self directed trading account or Robo portfolio and complete the following requirements:
- Set up an automated recurring deposit of any amount and complete a minimum of three monthly automated recurring deposits by 12/21/2022
- Deposit a minimum of $750 (if you haven’t already via automated recurring deposits) by 12/21/2022
The Fine Print
- “This unique offer is only available to select Ally Bank and Auto customers. Only the original email recipient is eligible and this offer cannot be transferred or shared. We’re all about playing fair, so if we believe you’re trying to game or abuse this offer, you won’t be allowed to participate in this offer or any future offers
- To participate, you must open an account through the links provided on this page. This is an online offer only—there are no in-person, mail-in, call-in, or other offline methods to participate. Failing to open your account without following the links provided on this page will disqualify you from receiving the bonus. One bonus per customer and only one bonus paid per account. For example, if a husband and wife both enroll for the bonus, but only open one eligible joint account, only one of them will receive the bonus.
- You must open your eligible account between 08/24/2022 and 09/22/2022 AND set up automated recurring deposits and make a minimum of 3 monthly automated recurring deposits by 12/21/2022. Total deposits of $750 or more by 12/21/2022.
- You must keep your monthly automated recurring deposit active, your new eligible Ally Invest account open and in good standing at the time of the bonus payout to receive your bonus. If you’ve followed the enrollment and eligibility requirements, we’ll pay your bonus by 01/10/2023 to an Ally Invest Self-Directed Trading account or Robo Portfolio account you own. If you open more than one Ally Invest Self-Directed Trading account or Robo Portfolio, Ally Invest will pick an account to fulfill. You will receive an email with your bonus details closer to bonus payout.
- The bonus will only be paid directly to the new account, not by check or transfer to another account. Ally Invest, in its sole discretion, can decline an account application or cancel payment of the bonus.
Our Verdict
Ally Invest has a brokerage bonus of up to $3,000, the advantage to this bonus is it only requires depositing $750+. We would add this to our list of the best brokerage bonuses but it’s unfortunately targeted.
Hat tip to reader Matt J
Applied and set up a $50 recurring from Ally Savings to Ally Self-Directed Trading Account. No mention that it must be from an external bank account. I’m confident this will work!
I received this targeted offer on 03/16/23
How it works:
1 Open an eligible Ally Invest Self-Directed Trading account or Robo Portfolio by 12/31/2023.
2 Set up and start a $50 minimum monthly recurring transfer within 30 days of opening your account. Then complete at least 3 consecutive monthly transfers.
3 Keep your Ally Invest account open and in good standing to receive your $100 cash bonus, which will be available in your account within 30 days after your third monthly recurring transfer.
Note: This exclusive promo can only be activated using the links within this email.
“To participate in this cash bonus offer, you must open an eligible account through the links provided on this page. You must open your eligible account by 2/22/23, set up automated recurring transfers and make a minimum of 3 monthly automated recurring transfers by 5/23/23.”
https://imgur.com/a/8HMky5U
I got it too, but it clearly says that it’s targeted.
I received the same $100 targeted offer via email, today.
Email subject: “A cash bonus offer? That’s so 2023.”
I was targeted as well. Can the recurring transfers be from an internal Ally account?
looks very similar to the Fidelity and Schwab bonuses, and I just set up three $50 monthly transfers to get an easy $100
Just a note on this, according to the fine print your scheduled transfer if suppose to still be active at the time of bonus payout. I cancelled mine after last transfer, so I went ahead and scheduled a new one, hope I’m good to go. I got the email for $2000 transferred in over the 3 months, so broke it down into 500 transfers after an initial deposit to reach the 2000.
My bonus didn’t post so had to call in and have a 30 minute phone call. The rep said they are going to take care of it and manually post the $100, but we’ll see!
Still also have not received my bonus. Anyone ever actually get paid for this?
I just got the email, but with a $5,000 minimum. I don’t see anything requiring the money actually be left in the account. Setup automatic transfers for $1, deposit $5,000, then immediately move the money back out?
I agree with Mark E. I would not recommend Ally Invest for many reasons, top among them is poor functionality of website. On the other hand I still love and use my Ally “Bank” account.
Their bank is OK, their brokerage is terrible with no actual support. I tried to open a brokerage account and even after their bankers intervened they could not get it set up. Etrade is the easiest to open and use, but many others are good too. Bonuses evaporate very fast if you can’t get your trades properly executed.
Last Spring I did a $250 bonus for transferring in an old Roth account to them. 3 month later I received an email that “my investment needs were not in alignment with their business practices” and they closed my account. They suggested that I move the Roth to another brokerage, but because they had closed my account, my account details were no longer available on my account, and getting the money out was a frustrating process. That and the fact that their platform sucks, I don’t recommend doing this.
Mine is even worst, require $7500, I’ll pass
Beware the current debit card fraud ****storm with Ally.
You can (and should) lock your Ally debit card by app or online.
I got a notification my card got used last month and have *never* used it. Thankfully it’s disabled and declined. Clearly there is some leak on Ally’s side.
Mine is worse: Deposit a minimum of $2,000 (if you haven’t already via automated recurring deposits) by 12/21/2022.
Worse still… My wife got a $100 for $5000 in deposits offer. Sheesh, we can get that in a savings account right now.