Originally Posted by
caseydeg
You don't have to invest the money in any particular securities. You can leave it in your account without purchasing anything and you'll get the bonus. They pay half of the bonus a week or two after you create and fund the account and the other half comes a few months later. Keep the account open for 9 months or they will try to charge you for the miles.
So forgive my ignorance here but are there hidden fees in getting out of this after the 9 months? I found reference to a $75 fee for "Outbound Full Account Transfer." That is described (unhelpfully) as "Applies only when requesting the transfer of an entire IRA or non-IRA to an account not held at TD AMERITRADE." So wouldn't not doing anthing with the money except collecting the base interest require the transfer of an entire non-IRA to get it out? Here is where I am seeing this:
http://www.tdameritrade.com/ratesfees.html#null