You know I love ING Direct products. I have both the Orange savings account for online savings and their Electric Orange checking account. What I also have is a brokerage account with ShareBuilder (owned by ING Direct). This is where I buy stocks outside of my IRA accounts.
ShareBuilder is offering a promotion where new customers get a $50 bonus for opening a new ShareBuilder account. The offer is in effect until 6/30/12. In order to receive the bonus you need to fund your account with $2,000. And most important – make sure to enter the code 50LS12 when you sign up to make sure your account gets credited with the $50 bonus!
What I like about ShareBuilder:
- Inexpensive trades
- Transfer funds instantly from my ING Direct account
- Ability to buy fractional shares
- Automatic reinvestment of dividends and capital gains (if you choose).
Here are the fine print details of the ShareBuilder $50 bonus:
You must open a new ShareBuilder account and deposit $2,000 or more to be eligible for this promotion. Initial deposit must be completed by 6/30/12. ING DIRECT Investing will deposit a $50 bonus approximately 4-6 weeks after your first $2,000 deposit. The $50 bonus offer is available for Individual, Joint and Custodial accounts only. Offer not valid for IRAs or ESAs. The $50 bonus is not available for withdrawal for 90 days after it is awarded to your account. This offer is not valid with any other offers and is non-transferrable. Limit one ShareBuilder account bonus per unique customer or custodial beneficiary. We reserve the right to terminate this offer at any time and to refuse or recover any promotion award if we determine that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of our Account Agreement have been violated. Offer expires 6/30/12.
Wouldn’t it be great if you had some free trades for your new account?
You’re in luck! Listed on RetailMeNot (seriously, how can you buy anything online without checking there first?) are a number of codes you can use to get free automatic trades (worth $4/trade) and real-time trades (worth $9.95/trade).
To use the codes, click the tab labeled Promotions when in your Accounts Overview page. Enter in the code and you have your trades!
I can’t say for how long these will work so hurry up and get them in! I used them myself (found mine on PT Money) and now I have 10 real-time trades and about 25 automatic trades.
To check your promotional trades, go to the Trade tab at the top of your account. Click on Automatic Investing and scroll down and you should see your promo trades. Now click Real-Time Trades and you should see Market Order Trade Credits near the top.
By the way, the trade codes are good for existing customers as well (you don’t have to open a new account).
Here are the codes:
- TAF2RA*2VvUQt
- TAF2RD*c48Ugc
- TAF5AR*2AsFg5
- TAF5AW*1FkJgR
- TAF2RG*2VvUQt
- TAF2RX*2VvUQt
- TAF5AC*2AsFg5
- TAF2RM*2VvUQt
- TAF5AZ*2AsFg5
- TAF5AA*t9sUKs
A $50 signup bonus as well as free trades makes this a great time to sign up for a ShareBuilder brokerage account and start investing in your future! Remember to enter in the code 50WS10 when you sign up.
{ 3 comments… read them below or add one }
Thanks for the info. That is a nice return if I only fund the account with $50! The other attractive feature is the $4 stock trade.
It’s a nice bonus but I think the real return is when you see your investments grow! With fractional shares, you can buy a piece of a company like Google without needing $500+ upfront.
I love these Sharebuilder promos! I actually tried to do this using these codes, and they said that I had used too many promos in the past and that I had to wait a while to use another one! haha