Ameritrade Starwood offer [Master Thread]
#1
Original Poster
Join Date: Nov 2002
Posts: 920
Ameritrade Starwood offer [Master Thread]
What are your opinons about the new Ameritrade deal ?
$2,000 deposit = 3,000 Starpoints
$10,000 = 10k Starpoints
$25,000 = 20k Starpoints
Is this better than their offers for Airline miles ?
$2,000 deposit = 3,000 Starpoints
$10,000 = 10k Starpoints
$25,000 = 20k Starpoints
Is this better than their offers for Airline miles ?
#3
Join Date: May 2000
Location: Naples, Florida
Posts: 7,419
Read the fine print:
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Offer valid for new Individual or Joint accounts opened and funded between 04/01/03 and 10/31/03. Please allow 6-8 weeks from account funding for the first half of Starpoints to appear in your StarwoodPreferred 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. </font>
#4
Join Date: Jan 2003
Location: O
Posts: 5
The other important word is "new". If you have taken advantage of any other mileage programs with Ameritrade, it will not work. I have tried this before and it was a lost cause. I don't know if anyone else has experienced something differently, but I thought I'd give you a heads up.
#5
Original Poster
Join Date: Nov 2002
Posts: 920
The minimum is only $25,000 for 20,000 points right ? Thats almost as good as the old Savings Bonds deal for 6 months.
#6
Original Member
Join Date: May 1998
Location: Reno, NV (RNO)
Programs: AA Platinum, AS, UA, DL, HHonors Gold, Marriott LTP, Hyatt, IHG Platinum
Posts: 4,707
I wonder what "new" customer really means. If you were a customer like 3 years ago, do you think they will notice? funsun, how long after you were a customer did you try to apply for another offer?
#7
Join Date: Nov 2001
Location: DFW
Posts: 1,387
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by MileKing:
I wonder what "new" customer really means.</font>
I wonder what "new" customer really means.</font>
#8
Suspended
Join Date: Dec 2001
Location: new york, ny, usa
Posts: 13,536
do you have to trade or can you park the money for six months and then pull it out?
#9
FlyerTalk Evangelist
Join Date: Aug 2001
Location: Finally back in Boston after escaping from New York
Posts: 13,643
You can just leave the money in there for 6 months and then pull it out. This is generally a pretty sweet deal. E*Trade has similar deals, although they are usually with Marriott. These offers are always changing, so keep an eye out for them.
Of course, nothing beats savings bonds.
Mike
Of course, nothing beats savings bonds.
Mike
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by fly co to see the yanks:
do you have to trade or can you park the money for six months and then pull it out?</font>
do you have to trade or can you park the money for six months and then pull it out?</font>
#10
Join Date: May 2000
Location: Austin TX, AA Platinum for life (who will live longer, me or AAdvantage?)
Posts: 426
When I did the application online it wouldn't let me fund more than $20,000. So I did the $20,000 and it said "Your account-opening bonus is 20,000 Starwood Starpoints (Offer Code: RNJ)."
#11
Join Date: Feb 2002
Location: Fredricksburg, VA
Posts: 10
Do you have to move cash or can you just transfer securities from another account in another brokerage?
#12
Join Date: Jun 2001
Location: Santa Monica, CA, USA
Posts: 1,013
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by rmart2:
Do you have to move cash or can you just transfer securities from another account in another brokerage?</font>
Do you have to move cash or can you just transfer securities from another account in another brokerage?</font>
#13
I hate to be a jerk, but say you pull your equity after the first half is posted b/c you don''t want to park it that long. Can you keep your points, or will they come back and take them from you?
#14
Join Date: Jun 2001
Location: Santa Monica, CA, USA
Posts: 1,013
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by BoSoxFan45:
I hate to be a jerk, but say you pull your equity after the first half is posted b/c you don''t want to park it that long. Can you keep your points, or will they come back and take them from you?</font>
I hate to be a jerk, but say you pull your equity after the first half is posted b/c you don''t want to park it that long. Can you keep your points, or will they come back and take them from you?</font>
#15
Join Date: Nov 2002
Programs: MTD pass holder
Posts: 1,142
Do I understand this correctly? You cannot qualify for the points with a Trust Account. To transfer securities the account registration must be identical. Therefore if you hold your assets in a Trust this deal does not work, at least as far as transferring securities. I have stocks and/or bonds which I would like to move to take advantage of this deal but not if it involves changing the registration which can be a big time consuming hassle. If you just move cash in and take it out later what is the fee? Usually there is a fee for closing an account but I did not see a specific fee for closing an account shown on the web site. Thanks for any insight.