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-   -   Ameritrade Offer Questions (https://www.flyertalk.com/forum/milesbuzz/8435-ameritrade-offer-questions.html)

michaelr Jun 12, 2003 3:43 pm


<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by samg23:
I did this last year with Delta promotion and they screwed me and said the account balance had to meet the promotion level at account opening AND 6 months later. So don't open with a lot of $$ and then withdraw it thinking you will get the 2nd half of your miles.</font>
Too bad they don't say it in the offer. Always a catch.

StSebastian Jun 12, 2003 8:59 pm


<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by michaelr:
Too bad they don't say it in the offer. Always a catch.</font>
The SPG offer says in bold:

Please allow 6-8 weeks from account funding for the first half of Starpoints to appear in your Starwood Preferred Guest account. Account must remain open with minimum funding of elected tier level for 6 months; at that time allow 6-8 weeks for the second half of Starpoints to appear in your Starwood Preferred Guest account.

Might not have been clear then, but it looks pretty clear now.

michaelr Jun 12, 2003 9:02 pm


<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by StSebastian:
The SPG offer says in bold:

Please allow 6-8 weeks from account funding for the first half of Starpoints to appear in your Starwood Preferred Guest account. Account must remain open with minimum funding of elected tier level for 6 months; at that time allow 6-8 weeks for the second half of Starpoints to appear in your Starwood Preferred Guest account.

Might not have been clear then, but it looks pretty clear now.[/B]</font>

Hmmm, now let's take a look at the United offer. The decisive words 'elected tier level' are conspicuously absent as of 6/12/03 10.05pm CST anyway.

"Offer valid for new Individual or Joint accounts opened and funded between 11/01/02 and 07/31/03. Please allow 4-6 weeks from account funding for the first half of the miles to appear in your United account. Account must remain open with minimum funding for 6 months; at that time allow 4-6 weeks for the second half of the miles to appear in your United account."

Edited for change of emphasis.

[This message has been edited by michaelr (edited 06-12-2003).]

[This message has been edited by michaelr (edited 06-12-2003).]

samg23 Jun 13, 2003 9:33 am

They updated the language the day after I spoke to the CEO's secretary. It used to just say "Minimum level of funding" which inferred the $2,000 level.

Counsellor Jun 14, 2003 8:33 am

I would print a copy of the wording current whne you submit your paperwork to open the account. "Just in case" it changes after the fact.

flowerchild Jun 14, 2003 7:09 pm

I had no problem getting the 25,000 Delta miles. The second half posted in April, even though the value had dropped below $50,000.


[This message has been edited by flowerchild (edited 06-14-2003).]

yevlesh2 Jun 14, 2003 8:07 pm


<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by LemonThrower:
I never got my points from ETrade.</font>
How long ago did you open the account? I did the NWA 2500 points Etrade deal and got the poiints on May 3rd for an account opened on April 2nd

fallinasleep Jun 14, 2003 11:51 pm


<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by flowerchild:
I had no problem getting the 25,000 Delta miles. The second half posted in April, even though the value had dropped below $50,000.
[/B]</font>
Did it drop because you withdrew money or because the market value of your investments fell?

My understanding was that it was fine if your minimum balance fell because of market conditions but not if you withdrew cash from the account.

LemonThrower Jun 15, 2003 9:04 am

on Etrade, they had very loose offer language and then some fine print on the confirm screen, which I printed out but did not read until I wrote to complain 6 mos later.

michaelr Jun 22, 2003 11:39 pm

It's confirmed.

1. You can collect the first 4000 bonus miles even if you already have an account with Ameritrade.
2. My miles posted about 2-3 weeks after I started the application.

I did transfer new money into the account and then transfered stock from the old into the new and now I am withdrawing the 'new' money.

We'll see if the remaining 4000 will post. I'd be surpised if they didn't. Ultimately, I just did it to top off my account to get above 50000 miles.

Mrukk Jul 18, 2003 8:29 pm

I opened a first time account on July 9th with $5000. My 4000 miles just posted this evening (July 18th). I'll probably leave the money there for another month or more, but not sure yet if I will wait out the six months for the other 4000 miles or not. Still, I'm quite happy with how well it has worked so far http://www.flyertalk.com/forum/smile.gif

Schutzee Jul 20, 2003 8:20 pm

I have been waiting over six weeks for the first 10,000 points to post. It seems you always have to work for the points/miles!

vickh Jul 25, 2003 5:24 pm

any spg offers for current account holders?

stevens397 Nov 1, 2004 5:19 pm

Opened the account with Ameritrade and sent them the money about 10 days ago - $25,000 for 20,000 Starpoints. Got the first 10,000 today. They said 6-8 weeks, but it was only 10 days! God Bless FlyerTalk! :p

Athena53 Nov 2, 2004 5:41 am

I did this about a year ago, kept the initial amount in for the full 6 months, and then closed it down. Got the points at the beginning and the end with no problems. In my case, I just let it languish in a tax-free money market fund.


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