Ally Invest cash bonus promotions and incentives for opening a new brokerage or IRA account (ROTH, Traditional, SEP/SIMPLE).

Ally Invest Bonus

Up to $3,000 cash bonus + $0 trades + transfer fee rebate.

Open Ally Invest Account

Ally Invest Bonus for New Accounts

Are you looking for a way to make some extra money? Ally Invest has an idea for you. Open a new Ally Invest brokerage account and fund it with cash or a securities transfer, and you’ll get a nice bonus. Here’s everything you need to know:

Ally Invest Bonus

Ally Invest Bonus Details

If you open a new securities account with Ally Invest, you’ll be able to trade a lot of assets with zero commissions. If you want a cash prize on top of that, you will have to fund your new account with at least $10,000. That much will get you a very nice $100 credit to your new account.

Larger deposits will garner larger bonuses at Ally Invest. For example, a $25,000 deposit qualifies for a $250 prize, while $500,000 in new money earns $1,200. The largest bonus is $3,000, and it will be earned with a very significant $2 million deposit.

Besides a deposit of money, Ally Invest will also accept a transfer of securities to qualify for this promotion.

Ally ACAT Fee Refund Promo

If you do choose to transfer securities, Ally Invest has another special for you: an ACAT fee refund. That’s right, if your old brokerage house charges you a fee to transfer your securities to Ally Invest through the ACAT electronic system, Ally Invest will refund this fee. This special is on top of the deposit promotion mentioned above.

Ally Invest does require a transfer of at least $2,500 before it shells out the maximum refund of $75. Also, the broker does require proof of the transfer fee. This is typically supplied via the final account statement.

To perform a transfer of assets into a new Ally Invest account, you simply need to go to “Transfer Funds” on the Ally Invest website (it is in the top menu) and then click on “From Another Firm.” The broker will accept both full and partial transfers.

Ally Invest Bonus Terms and Conditions

The cash bonus for funding an account expires on September 30, 2022, and new accounts must be funded within 60 days of account opening.

Funds that are transferred over to Ally Invest must remain in the new account for at least 300 days, otherwise Ally Invest will withdraw any bonuses it has given the new account. Trading losses will not count towards this policy, which is a nice policy, although Ally Invest does require the transfer to be initiated within 15 days of account opening.

The amount of the cash bonus (but not the amount of the ACAT fee rebate) will be reported to the IRS on Form 1099 in February following the year in which Ally Invest credits the new account.

For the cash bonus, it may take more than two months to receive it, although that is worst-case scenario. And the transfer or deposit that generated the prize must come from outside the Ally family of companies.

For the ACAT fee refund, Ally Invest is a little quicker; the broker promises a turnaround time of just one month.

Ally Cash Bonus

Ally Invest Bonus Summary

Ally Invest is a great platform for most investors. It is just about the cheapest way to invest online with individual stocks or options trading. Add to that rich Ally Invest cash bonus offer and the fact that it has a ton of useful tools behind a clean and user-friendly interface and it becomes a strong contender for a great online investing choice.

Ally Invest Sign Up Bonus

Up to $3,000 cash bonus + $0 trades + transfer fee rebate.

Open Ally Invest Account

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