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If you enjoy earning bonus cash from brokerage account promotions, you should pay attention to the J.P. Morgan Self-Directed Investing account offer that lets you get up to $700 with a qualifying deposit. Here is a closer look at how you can earn free money and what services this investment platform offers.
See more info: J.P. Morgan Self-Directed Investing
INVESTMENT PRODUCTS: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
How to Get the J.P. Morgan Self-Directed Bonus
Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. You can get the following:
- $700 when you fund with $250,000 or more
- $325 when you fund with $100,000-$249,999
- $150 when you fund with $25,000-$99,999
- $50 when you fund with $5,000-$24,999
This offer expires on 01/22/2024.
However, note that this cash promotion is limited to one per customer and can only be applied to one new J.P. Morgan Self-Directed Investing account (General Investment, Traditional IRA, or Roth IRA). To enroll in the up to $700 offer, you must open an account through this page. This offer does not apply to J.P. Morgan Automated Investing or any account opened with a J.P. Morgan Advisor.
Here is a step-by-step guide to helping you earn your bonus cash.
Open a Qualifying Account
This offer is available to you when you open a J.P. Morgan Self-Directed Investing account and fund it with new money.
A qualifying self-directed account includes:
- General investment (taxable brokerage)
- Traditional IRA
- Roth IRA
A J.P. Morgan Automated Investing or a J.P. Morgan Advisor account is ineligible.
If you’re comfortable self-managing your portfolio, this bonus can be worth pursuing.
Make a Qualifying Deposit
After opening a qualifying J.P. Morgan Self-Directed account, you must make a qualifying deposit. Admittedly, this promotion is best for experienced investors due to the relatively high redemption minimum. But this minimum deposit is lower than other promotions for this brokerage.
Your deposit amount determines the size of your bonus:
- $700 when you fund with $250,000 or more
- $325 when you fund with $100,000-$249,999
- $150 when you fund with $25,000-$99,999
- $50 when you fund with $5,000-$24,999
This offer expires on 01/22/2024.
You can also expect to maintain this balance for at least 90 days to receive your bonus. Trading losses and typical market volatility don’t penalize you. However, you cannot withdraw the balance during the qualification period.
Sadly, there isn’t a bonus if you deposit less than $25,000, but you can open an account with $0 if you still want to use this online brokerage.
You may still be eligible for a checking account promotion if you want a relatively easy way to scoop up some free money with your spare cash.
Related: The Best Limited-Time Credit Card Offers
J.P. Morgan Self-Directed Investing Features
In addition to getting up to $700 bonus cash, you can also enjoy these investing perks:
- $0 trading commissions for stocks, ETFs, and options ($0.65 per options contract)
- No-load mutual funds ($0 trading commissions online, $20 for phone-assisted trades)
- The Portfolio Builder tool can help you build a customized asset allocation (a $2,500 minimum balance is necessary)
- Stock and fund screeners
- Access to J.P. Morgan Research and market analysis
These tools can make it easier to research potential investments if you like to hold individual stocks and sector ETFs.
If you’re an existing J.P. Morgan customer, you can easily view your portfolio along with your banking and credit card accounts on the same web platform. The Mobile app also displays your various accounts in one place.
Summary of J.P. Morgan Self-Directed Investing
A J.P. Morgan Self-Directed Investing account can help you invest for near-term goals or through a tax-advantaged account retirement. Opening an account and making a qualifying deposit can help make your investment experience more rewarding.
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INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
