<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by singlemalt:
Do both. Once you get the miles posted from the first broker, close the account and open one with the second. No reason to limit yourself.</font>
Both ETrade and Ameritrade have closing account fees (Etrade has a $50 closing account fee, I was charged, I am not sure how much Ameritrade charges). Scottrade has no fees. No bonuses either. Except referral, 3 trades free for both (just mention #EWBD590003 when you apply, $7 for market orders).