Deal has expired, view more Ellevest deals by clicking here
The Offer
No direct link to offer, sent out via e-mail
- Ellevest is offering a bonus of $50 to new customers that enter the promo code GETTHAT50 when they sign up (PROMO CODE entry is on the page just before linking your bank account. Code Entry is bottom left of the display showing your initial and recurring deposit amounts just before linking your bank account.).
The Fine Print
- Valid until November 20th, 2019
Our Verdict
They offered a bonus of $117 just recently, so this offer is not nearly as good as that. It seems like people that signed up for that offer but were too late to add the code are being targeted for this $50 bonus, I’m not sure if anybody can use this code or only people who received the e-mail so I’ve marked it as YMMV. For more brokerage bonuses read this post. In any case I’d probably just wait for a better offer to come along.
Hat tip to readers Stephen J & C H
Has anyone gotten a 1099 yet?
Not yet. The site says by the end of February. The IRS deadline for brokerages is 2/15 but they may have gotten an extension. I’m hoping not as it is one of two I am missing. COIN is the other.
COIN is finally available for me, as of last night.
Thanks, I got it too, 32 pages!
For Ellevest, I didn’t do any investments so only waiting to see if they count the 117 on a 1099.
Still no 1099. Think this is the last one I’m waiting on
I do not see any fees for early closing? Opened the account around mid Nov, bonus applied 31 Dec 2019, and I plan to close the account this month.
11/14 Opened
11/21 Deposited $1. Emailed about $50 promo and saw it show up as pending a day later.
12/31 $50 bonus posted
Ellevest sucks
Thanks, just signed up. The $50 is “pending.”
Im still hoping for the $117. I got in right between it auto-working and being pulled entirely
Is it pending? If it’s not, you didn’t make it.
Tip: Make your “goal” just an emergency fund, which doesn’t invest your money and keeps it in cash, so no tax implications (except 1099) when you wirthdraw after depositing money into it and when they deposit your bonus into it, too. As opposed to being forced to buy stock, only to sell it later (this isn’t exactly the best brokerage/robo advisor around in terms of fees). Just set it as your one and only goal, which would make it the “highest priority.” This worked for me during the last $50 promo.
(I posted this on other post about ellevest too. Thought it would be helpful)
Thanks. Saw your other post and have mine setup this way.
+1 to your post. Did the same thing avoid a headache later.
Great suggestion. Worked for me
Thanks. Followed your instructions. Worked for me!