They are now charging $15/quarter for brokerage accounts under $5000. IRAs are exempt and if the total value of all your linked accounts (including IRAs, banking, etc.) is greater than $20000, you are also exempt.

I think they should have waived it for the first time it was charged. However, they stuck to their guns and now they will get NO $19.95 trades from me instead of the 4+ per quarter I'll be making with Ameritrade instead. I'm also going to be 2500 UA miles richer on top of that. Pennywise and pound foolish, E*Trade.

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"Sire, it is not a revolt. It is a Revolution!"

I am not a big fan of getting miles outta these online investment insititution. Actually, I don't trust any of them. I had an account with Waterhouse long ago, and they screwed up on so many things it is not even funny.

Sometimes, even these thousands of miles don't seem to be worth the ordeal...



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Al

I had the same problem. Took 9 months to finally get my 5000 miles. They never said they were sorry. Stay away from Etrade.

So then is everyone pretty happy with Amertrade, points and customer service? Or is that a different thread? I have two accounts that earn no miles but no frustrations either. Thinking about miles all the time though...

FWIW, I've had an Ameritrade account for the past year and have great experience both with customer service and general usability of their product. Unfortunately, I signed up "pre" United miles bonus days... think I can still get it?

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"What do you mean you didn't get miles for that?!"

I am very, very happy that I fired E*Trade and hired Ameritrade.

My 2500 MileagePlus miles have posted (took them less than 14 days!) and my investments are up (well, Ameritrade isn't responsible for the latter but I'm still happy).

E*Trade elected to nickel and dime me to death and now Ameritrade is in charge of my funds and doing a much better job of customer satisfaction. If you must choose between the two, Ameritrade wins my vote, hands down!

Etrade is without a doubt the worst company
I have ever dealt with in regards to promos.

When you say you can't trust them, you better
believe that. Last week they took back
5000 United miles they had posted to my
account.

The miles had posted 5 months ago !!

They said the custodial account I had with
my son did not qualify since my ex-wife had
one with him 1 1/2 years ago.

Of course they waited 5 months and 6 trades
later to take the miles back.

When talking to the rep. on the phone I asked
him if they wanted to loose me as a customer
and if he saw how much I traded. He spouted
out the exact commissions I have paid so far
this year - almost $7000.00 in commissions.
He said sorry but rules are rules.

I think he is a displaced Delta employee.

Needless to say I will be moving my personal
account to another broker.

Sincerly

short 5000 miles