I hate to say it, but I never got the 25,000 AA points and never got the bonuses either, and I've always had a balance greater than $25,000! I went around and around with them quite a while and finally just gave up on the project. TD Waterhouse is a good brokerage and I still use them but based on my experience and that of a friend, I would not count on getting ANY of these promised miles. We signed up quite a few years ago now, though, so perhaps the bugs are out of the program by now. I just don't think I have the heart to start nagging them about it again. My advice is to use Waterhouse if you like their financial services and to consider any miles a lucky break! Agreed, their service and fees are terrific for my needs.
Originally Posted by bosman
I've been on the TD Waterhouse AAdvantage program for quite a while. I don't remember if there were any sign-up bonuses, but there are two on-going components:
- Maintain total balance (stocks, bonds, cash, etc.) over $25,000 get 1,000 AA miles per year, payable in 250 mile increments every quarter you are over that amount.
- 1 mile per year for every $10 held in the AAdvantage Money Market fund. Put alternatively, you get 8 miles every month for every $1,000 you hold in this fund.
Basically, if you're a mileage junkie, this probably isn't enough incentive to convert you to TD Waterhouse, but if you're already with Waterhouse (and I've been very happy with their service and fees), it's a nice little bonus. Miles post very quickly.