$500 E-Trade Brokerage Bonus

E-Trade is offering up to $500 in bonuses for new account holders who open a brokerage account by 06/15/2009.

Offer Details:

This is straight from E-Trade's Promo Page:

"To receive the cash credit, you must open a new Power E*TRADE account by December 31, 2009, and deposit funds or securities from an external bank or brokerage account within 45 days. Deposits of new funds or securities from existing E*TRADE Bank and E*TRADE Securities accounts are not eligible for this offer.
Credits for deposits of cash or securities will be made as follows:
Accounts depositing $250,000 or more receive $500;
accounts depositing between $100,000 and $249,999 receive $250;
accounts depositing between $50,000 and $99,999 receive $100;
accounts depositing between $25,000 and $49,999 receive $50.

The cash credit will be made to your account within eight weeks of account funding.This offer is not valid for IRAs, other retirement, business, trust, or E*TRADE Bank accounts. E*TRADE FINANCIAL Corp. associates, and non-U.S. residents are not eligible.

New funds or securities must remain in the account (minus any trading losses) for a minimum of 6 months or the credit may be surrendered. One promotion per customer. One promotion per linked account. We reserve the right to terminate this offer at any time. "

Now it doesn't seems like a lot o money based off the amount of funds needed to be invested, but I am under the idea that every little bit adds up. Even if you invest only $25,000 and purchase a CD, it would help. Now if you were looking forward to opening an account with E-Trade for trading stocks, then ths should help, shouldn't it?

For more information on this brokerage promotion, check out E-Trade's promo page.