[Expired] Tastyworks Brokerage Bonus: Fund with $2,000+ & Earn $200 Bonus

Update 3/2/22: The $10k/$500 deal is expired. New deal is for $200 in stock with $2,000 deposit. Direct Link (ht Jon)

Update 1/3/22: Deal has been extended through 2/28/22. New promo code is: OPEN_NOW_2022.

Update 12/9/21: Readers tell us that this offer stacks with the Tastyworks referral program which offers a bonus for the referrer (details here); no added bonus for the new member. You need to call in after signing up with the below offer to get the referrer their credit. We won’t be creating a referral post for this, but if you have friends who are doing the bonus this is a nice referrer bonus which they value at up to $100 per referral, see details here. I don’t know how long after signup you can add the referral bonus. Again, NO REFERRALS IN THE COMMENTS BELOW.

The Offer

Direct link to offer | New link

• Tastyworks is offering a bonus of $500 bonus when you open a new non-IRA Tastyworks account and fund the account with $10,000 or more.

 

The Fine Print

• The 2021 Give Me 5 Promotion begins at 12:00am CST on 09/22/2021 and ends at 11:59pm CST on 12/31/2021 (the “Promotional Period”). Sponsor’s computer is the official clock for the Promotion.
• The Give Me 5 Promotion offer is available to all approved new customers (as determined by tax ID) who are legal U.S. residents or residents of Australia, and are ages 18+ as of date of participation (a “Qualified Customer”). The Promotion offer is valid on new eligible tastyworks brokerage accounts opened during the Promotional Period and funded with $10,000.00 USD by 11:59pm CST on 12/31/21 (a “Qualified Account”). IRA and Trust accounts are not eligible for the Promotion.
• A cash deposit of $500.00 USD will be posted to the Qualified Customer’s Qualified Account approximately one (1) week from the time the initial funding amount of at least $10,000.00 USD has settled and is reflected in the Qualified Account’s Net Liquidating balance.
• In order to be eligible for this Promotion, the Referral Code of “GIVE_ME_FIVE_2021” is required to be entered in the REFERRAL CODE FIELD when applying for an eligible account. Sponsor’s system records are the official determination of an eligible account’s open date. Funds must remain in the account (minus any trading losses) for a minimum of three (3) months or the cash credit(s) may be surrendered.
• Offer is not valid for internal transfers. The offer is not transferable, saleable, or valid in combination with certain other offers. This Promotion offer is not valid for existing tastyworks customers, customers who have a funded brokerage account, or customers who previously had a funded brokerage account with tastyworks prior to the start of the Promotional Period (09/22/2021).
• New customers only

Our Verdict

This is a relatively easy brokerage bonus to complete. Even if you don’t do investing deals, this one could make sense like a simple bank bonus: transfer in $10,000 in cash, let it sit there for three months minimum, and you’ll get a $500 bonus.

There’s also an available bonus from Tastyworks to deposit $2,000 and get 100 shares (worth around $220). We’ll add this new one to our list of the best brokerage account bonuses as well.

Hat tip to readers CH and ShawntheShawn