Axos is another financial app that combines banking, investing, and borrowing services. Right now, they are offering a $150 bonus when you open a new Axos Invest brokerage account, fund it with $1,000, and keep it there for 90 days. You can choose Self-Directed Trading or their Managed Portfolio (robo-advisor) option, but the Self-Directed option has no advisory fees and offers $0 stock and ETF trades. Options cost $1 per contract.
Transfer fee reimbursement. If you move $50,000+ of assets over, they will reimburse transfer fees up to $300.
Relatively straightforward promo with a solid return on cash locked up. Keep in mind that if you buy something and want to transfer it out later, you may have to pay an $75 outgoing transfer fee (see their fee schedule). If I want to avoid that, I usually either stay in cash, plan an exit to another broker that will reimburse that fee, or buy something that I plan on selling and just withdrawing cash without fees.
* Valid for one new Axos Invest accounts per person, and only open to U.S. residents. Current and former Axos Invest account holders who closed accounts within the past 90 days are not eligible. This offer is non-transferrable. Other restrictions may apply. This offer is not valid anywhere Axos Invest is not authorized to offer services. An Axos Invest Managed Portfolio or Self-Directed Trading application must be submitted before 11:59 p.m. PT on 6/30/2022 to qualify. You must open each new account and have qualifying direct deposit(s) that total at least $1,000.00 within 45 days during the first three (3) calendar months your account is open, including the month in which your account was opened. Direct deposit funds must be new to bank from a third-party source (not originated from another Axos Bank brand account) to receive bonus credit. All eligible awards will be delivered to your account or email address within 30 days following the 90-day waiting period. Terms and conditions subject to change without notice. New account holders are limited to opening one taxable Managed Portfolio or one taxable Self-Directed Trading account. The eligible award will be delivered into the first account opened. Subsequent market fluctuations and/or trading losses do not impact qualification.
The Best Credit Card Bonus Offers – March 2024
Big List of Free Stocks from Brokerage Apps
Best Interest Rates on Cash - March 2024
Free Credit Scores x 3 + Free Credit Monitoring
Best No Fee 0% APR Balance Transfer Offers
Little-Known Cellular Data Plans That Can Save Big Money
How To Haggle Your Cable or Direct TV Bill
Big List of Free Consumer Data Reports (Credit, Rent, Work)
Thank you. This was a great share. Looking forward to receiving my $150.00. Please share more of these types of offers.
Quick question on this, by direct deposit, can it be a bank transfer? Thanks!
My reading of the terms is that a bank transfer from an external bank (not Axos) will qualify for the bonus.
I received an unexpected $50 bonus today (Friday, July 8) from Axos. This is 21 days after opening my account (Friday, June 17) and 17 days after funding my account with $1000 (Tuesday, June 21). Nice, but I have no idea why. For reference: I opened a self-directed trading account, have made no trades, do not have margin or options enabled, and don’t even use the money market sweep. Their email makes it sound like this is in addition to the $150 bonus:
“Congratulations on completing the requirements for the additional $50 credit promotion on your Self-Directed Trading account! This email serves as a confirmation of the additional $50 credit applied to your account. Please take the time to navigate to your trading account, and you will see that the credit has been successfully applied. As a reminder, you are still qualified to receive the remaining $150 payout, as long as the balance of the account is maintained over the required 90 day wait time to qualify for the offer.”
That’s great. I hope I receive same.
This has changed. It’s now 2K, and you need to do 2 $25 trades if you do self-managed:
“Valid for one new Axos Invest account per person, and only open to U.S. residents. Current and former Axos Invest account holders who closed accounts within the past 90 days are not eligible. This offer is non-transferrable. Other restrictions may apply. This offer is not valid anywhere Axos Invest is not authorized to offer services. An Axos Invest Managed Portfolios or Self-Directed Trading application must be submitted before 11:59 p.m. PT on 2/8/23 to qualify.
To receive a $200 Bonus: You must open a new account and have qualifying deposit(s) that total at least $2,000.00 within 60 days to qualify for a $200 bonus, the bonus will be deposited into your account within 10 days following the 90-day waiting period. Self-Directed Trading accounts will need to additionally make two trades to qualify; Each trade requires a $25 minimum. Deposit funds must be new to bank from a third-party source (not originated from another Axos Bank brand account) to receive bonus credit. All eligible awards will be delivered to your account or email address within 10 days following the 90-day waiting period. Terms and conditions subject to change without notice. New account holders are limited to opening one Managed Portfolios or one Self-Directed Trading account; Eligible accounts include IRA & Taxable, Joint & Individual; The eligible award will be delivered into the account opened. Subsequent market fluctuations and/or trading losses do not impact qualification.”
How do you ACH push to Axos? What is the routing number?