25000 OnePass Miles from TD Ameritrade
Sep 18, 2009 | 9:07 am
#1
Original Poster
Join Date: Aug 2009
Location: NJ, USA
Programs: SPG Gold, OnePass Gold, OneWorld
Posts: 170
25000 OnePass Miles from TD Ameritrade
TD Ameritrade offers 25k OnePass miles if you deposit 50k.
http://tdameritrade.com/offer/partne...ntinental.html
Does anyone know if these has to be invested in stocks and mutual funds only? Can I for example put this 50k into their savings account or open a CD?
http://tdameritrade.com/offer/partne...ntinental.html
Does anyone know if these has to be invested in stocks and mutual funds only? Can I for example put this 50k into their savings account or open a CD?
Sep 18, 2009 | 12:21 pm
#4
Join Date: May 2004
Location: PDX
Programs: SPG Gold, UA Premier
Posts: 25
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.
BTW, the Starwood account bonus pays 20k Starpoints for half the deposit amount ($25,000). The redemption to CO is not great, but it is worth considering.
BTW, the Starwood account bonus pays 20k Starpoints for half the deposit amount ($25,000). The redemption to CO is not great, but it is worth considering.
Sep 18, 2009 | 2:41 pm
#5
Original Member
Join Date: May 1998
Posts: 2,513
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.
BTW, the Starwood account bonus pays 20k Starpoints for half the deposit amount ($25,000). The redemption to CO is not great, but it is worth considering.
BTW, the Starwood account bonus pays 20k Starpoints for half the deposit amount ($25,000). The redemption to CO is not great, but it is worth considering.
TD Ameritrade has a large number of these types of offers for airline miles or hotel points. You can see them all on the Finance page of my website below.
Sep 20, 2009 | 9:06 pm
#7
Suspended
Join Date: Nov 1999
Posts: 24,150
TD Ameritrade offers 25k OnePass miles if you deposit 50k.
http://tdameritrade.com/offer/partne...ntinental.html
Does anyone know if these has to be invested in stocks and mutual funds only? Can I for example put this 50k into their savings account or open a CD?
http://tdameritrade.com/offer/partne...ntinental.html
Does anyone know if these has to be invested in stocks and mutual funds only? Can I for example put this 50k into their savings account or open a CD?
i just feel 20k in SPG is worth more then 25k in CO
Sep 21, 2009 | 5:39 am
#8
Join Date: Aug 2008
Posts: 385
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.
BTW, the Starwood account bonus pays 20k Starpoints for half the deposit amount ($25,000). The redemption to CO is not great, but it is worth considering.
BTW, the Starwood account bonus pays 20k Starpoints for half the deposit amount ($25,000). The redemption to CO is not great, but it is worth considering.
This sounds great - thanks for posting the info, everyone. Do you have to maintain the entire $25,000 in the account for 9 months? Per the Ameritrade website, "Account must remain open with minimum funding for 9 months, or TD Ameritrade may charge the account for the cost of the Starpoints." What is "minimum funding"??
Sep 21, 2009 | 7:41 am
#9
Join Date: Aug 2008
Location: SAF
Programs: Hilton Honors Silver
Posts: 705
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.
http://www.tdameritrade.com/ratesfees.html#null
Sep 21, 2009 | 10:30 am
#10
Join Date: May 2004
Location: PDX
Programs: SPG Gold, UA Premier
Posts: 25
Yes, I believe the minimum funding is the lowest limit for the award tier you are in ($50k or $25k). I don't know from experience what fees they come after you for if you go under the amount or close the acct early.
Agree that the Starpoints are a better deal on this one.
Agree that the Starpoints are a better deal on this one.
Sep 21, 2009 | 11:02 am
#11
Original Poster
Join Date: Aug 2009
Location: NJ, USA
Programs: SPG Gold, OnePass Gold, OneWorld
Posts: 170
Value of Stock
Lets say if I transfer stocks worth $25k or transfer $25k to TD Account and then purchase stocks. What happens if total value of stocks go below $25k? Do they charge you for value of miles?
Sep 23, 2009 | 6:58 am
#12
Join Date: Aug 2008
Location: SAF
Programs: Hilton Honors Silver
Posts: 705
It looks like the date on this was quietly extended to 12/31/09. I had been thinking this over with some pressure on the previous 9/30/09 deadline. I looked at it again today and noticed the revised date.
Oct 7, 2009 | 5:51 pm
#13
Original Poster
Join Date: Aug 2009
Location: NJ, USA
Programs: SPG Gold, OnePass Gold, OneWorld
Posts: 170
Oct 7, 2009 | 6:05 pm
#14
Join Date: Apr 1999
Location: California
Posts: 293
No, they will not charge you for the value of the miles if the value of your stocks go below $25K.
Oct 11, 2009 | 8:48 pm
#15
Join Date: Jun 2003
Location: kirkland, wa, us
Posts: 13
I am considering this offer. I was wondering if there is a cost to the round trip, as in if I open the account with $10,000 and leave it in a money market and then in 9 months I close the account, are there any other charges? closing account charges? monthly charges? etc