There are currently 2 different Charles Schwab promotions available, including an offer for 500 commission-free online trades and a $100 brokerage account referral bonus.
Take advantage of these Charles Schwab promotions for a limited time, as they do sometimes pull their offers down before the set expiration date.
Charles Schwab 500 Free Online Trades Promotion
You’ll get 500 commission-free online equity and options trades for 2 years when you enroll and make a qualifying net deposit of $100,000 in your Schwab account.
For options, the free trades include base commission and per contract fees for up to 20 contracts per trade.
Check out this 500 Free Trades Promo Link to open your account today.
With a qualifying net deposit of $100,000, you’ll earn 500 commission-free online trades.
Offer valid for individuals who make a qualifying net deposit into a Charles Schwab retail brokerage account within 45 days of enrollment in the offer.
Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab.
Only assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services, Inc. and Schwab Retirement Plan Services Company are excluded.
The trades will be credited to the enrolled account within approximately 1 week of confirmation of your qualifying net deposit.
Trades apply only to base equity, exchange-traded fund (ETF), and options commissions and options per-contract fees up to 20 contracts per trade (standard per-contract fees apply for additional contracts).
Foreign transaction, exchange, and regulatory fees still apply.
Only trades placed through Schwab.com, Schwab trading platforms, and Schwab Wireless are eligible.
Trades will expire 730 days after being credited to your account and will not be applied to previously executed trades.
No credit will be given for unexecuted trades.
This offer is limited to 1 per account, with no more than 1 account enrolled per client.
No more than 500 trades per client may be received pursuant to all promotional offers in any 12-month period.
This offer does not apply to brokerage accounts managed by independent investment advisors or enrolled in an advisory service, the Schwab Global Account, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts.
This offe is available to U.S. residents only.
Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; or their spouses; and employees of any securities regulatory organization or exchange are not eligible.
Charles Schwab $100 Referral Link for Brokerage Account
When you open a Schwab brokerage account using the referral link and referral code below, you can earn a $100 bonus in your account.
To qualify for the $100 bonus, you can either fund your new brokerage account with $1,000 or set up a monthly transfer of at least $100 a month.
New customers can sign up through this Charles Schwab $100 Referral Bonus Link to get $100 when you open a new account.
You’ll need to enter the Referral Code REFER to enroll in this special referral offer, and the code will automatically be applied through the above referral link.
Please note that the above link seems to be a general promotional page that has been provided by Charles Schwab, and it does not come directly from a customer.
If you are a current Charles Schwab customer with access to the referral program, please feel free to post your referral link in the comments below this article, but it should be noted that only the new customer or referee will receive a $100 reward.
Special Notes About This Referral Offer:
There is a $1,000 minimum deposit requirement to open a Charles Schwab brokerage account.
However, the $1,000 minimum deposit requirement is waived if you open a linked Schwab Bank High Yield Investor Checking account or establish an incoming monthly transfer of at least $100 through direct deposit or Schwab MoneyLink.
Please note that you DO NOT have to link your brokerage account to a Schwab Bank High Yield Investor Checking account in order to qualify for the $100 bonus, if you plan to fund your brokerage account in other ways.
Basically, if you open a Charles Schwab brokerage account, you either have to fund it with $1,000 or set up a $100 monthly transfer to qualify for the $100 bonus, and you can either do that from a linked Schwab checking account or another account of your choosing.
There has been some confusion as to whether this $100 Charles Schwab Personal Referral Program Bonus requires that you link a Schwab Bank High Yield Investor Checking account to your brokerage account in order to qualify, and I can confirm that you do not have to do so to get the $100 bonus, but it does make it easier to waive the minimum deposit requirement or set up a monthly transfer.
The above information was provided directly by Charles Schwab customer service on August 5, 2016.
Schwab Personal Referral Program Details:
New clients who do not have a Charles Schwab account (other than a Stock Plan Services account), open an eligible retail brokerage account, and enroll in the offer can earn a $100 Bonus Award.
The Bonus Award will be credited to the enrolled account within approximately 1 month of account open.
For taxable accounts, the account must be maintained at Schwab for at least 1 year, or Schwab may charge back the Bonus Award.
The offer is limited to 1 per account, with no more than 1 account enrolled per client.
The offer does not apply to accounts managed by independent investment advisors, the Schwab Global Account, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts.
The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only.
Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; their spouses; and employees of any securities regulatory organization or exchange are not eligible.
Enroll in these Charles Schwab promotions to earn special bonuses and cash rewards.
You may also be interested in these Charles Schwab Cards from American Express to maximize your Schwab brokerage account investments with additional bonuses and benefits.