S.P.A.M. - Ameritrade offer for free gift with 10k deposit

Anyone else get this email? Could I deposit 10k, receive my gift, then withdraw the 10k? Or do I have to invest it one of their products for some time?

What sorta gift? I think it could be a hassle to deposit 10k for say a box of chocolates.

What sorta gift? I think it could be a hassle to deposit 10k for say a box of chocolates.

my bank account is linked to my account, so just a few mouse clicks to transfer/withdraw.. Gifts are things like baking set, knives, alarm clock etc..

my bank account is linked to my account, so just a few mouse clicks to transfer/withdraw.. Gifts are things like baking set, knives, alarm clock etc..

Read the fine print. I suspect there is a restriction on this.

Read the Ameritrade fee schedule. I believe there are fees/cost to maintain such accounts, such as monthly charge, min balance...etc. You also have to keep the account open for certain period of time (maybe 180 days?) in order to get the freebie bonuses, let it be gifts, miles, or cash.

There is a minimum period. It may be 90 or 180 days. It is not a year. I got a GPS (Garmin Nuvi 760 or 7-something). However, I bought some stocks and did not withdraw the money. If it's 180 days and you put in 10,000, then you will be forfeiting about $50 of interest compared to putting it in a CD. So the gift is not free. However, if you are buying stocks, then it is a bonus.

I and others have had success in proposing to Ameritrade that I receive miles or Starpoints for the deposit instead of the gift. Ask.

I did not get this offer but I got other offers. One was for a free Bluray player and a year of free three dvd at a time. netflix for a nice deal. I took it as it was worth about $400 and it had no lockup time. I use them as my normal trading account as they have no minimum fee, no monthly fee and very nice low fees for stock trading. You can put your money in one of their CD or in their money market paying a minimal interest.

MisterNice

For the larger deposit awards, there is a minimum time the money has to be in the account. I got a Taylor Made Burner Driver for depositing 50K (money had to stay 6 months) and $200 in Apple gift cards for $100K deposit (money had to stay 1 year).

$200 in Apple gift cards for $100K deposit (money had to stay 1 year).

We got $400 Apple gift card for moving $150k Vanguard shares to TD account.

We don't need small appliances. :D