Contents
The Offer
- Plynk brokerage offers a 25% bonus on the dividends earned from your brokerage portfolio held with Plynk.
- Max annual bonus is $250 (if you earn $1,000 in dividends or more).
Our Verdict
It used to be possible to get a portal bonus when signing up for Plynk, though nothing is available at the moment. $250 isn’t great, but the upside is that it sounds like this might be an open-ended promotion without a planned end-date. (Of course they can end it at any time.) And so I can see someone keeping some brokerage money with Plynk for the recurring $250 bonus.
It should also be possible to transfer SGOV (or deposit cash and buy SGOV) and get a bonus on the funds.
Regardless if you have SGOV or regular funds/ETFs, you’ll need to earn $1,000 in dividends annually to max out the $250 match. That can take quite a bit of brokerage funds to meet, depending on how much dividends they pay out.
Apparently Plynk is owned by Fidelity.
We’ve added this to our list of Best Brokerage Bonuses – it’s mainly interesting if it ends up remaining for multiple years, we’ll have to see how this plays out.
Hat tip to reader snailrock
