TD Ameritrade was fully merged into Charles Schwab in 2023-2024, which means the brokerage no longer offers its own promotions, bonuses, or new-account incentives. All new TD Ameritrade accounts are now opened and serviced through Charles Schwab, and any promotional offers for former TD Ameritrade customers are now tied to Schwab’s bonus programs.
Even though TD Ameritrade doesn’t have active promotions, Schwab does. Below, you’ll find what’s currently available, how the transition affects former TD Ameritrade users, and whether the bonuses are worth it.
TD Ameritrade’s Current Promotions
TD Ameritrade does not have active promotions. All bonuses now fall under Charles Schwab.
Why TD Ameritrade No Longer Offers Promotions
TD Ameritrade and Charles Schwab completed their multi-year integration in 2024.As a result:
- New TD Ameritrade accounts are opened as Schwab accounts
- All TD Ameritrade client assets were moved onto Schwab’s platform
- Any former TD Ameritrade promotions or legacy offers have been retired
- Schwab’s current bonus structure now applies to all incoming investors
For consumers, this means you can no longer sign up for a TD Ameritrade-branded promotion — but you can qualify for Schwab’s transfer bonus program.
Current Charles Schwab Promotions (Available to Former TD Ameritrade Customers)
Schwab is currently offering a transfer-based bonus for new customers who move assets into an eligible brokerage account.
Charles Schwab Brokerage Bonus: Up to $1,000+
This promotion is available to new Schwab customers who transfer qualifying assets into a brokerage account.
- Bonus value: Typically ranges from $100 to $1,000+, depending on the amount transferred
- Expiration date: Varies; Schwab updates promotions periodically
- Minimum to qualify: Usually around $25,000 in new assets
- How to claim: Open a new Schwab brokerage account, enter or request the current Schwab bonus code, and transfer eligible assets from another brokerage within the promotional period
- When you’ll get it: Bonus is usually deposited within a few weeks after the transferred assets settle
- Terms and conditions: Bonus tiers depend on asset levels, assets must remain in the account for a required holding period, and the offer applies only to new Schwab clients (some former TD Ameritrade customers may still qualify if they haven’t opened a separate Schwab account)
How To Qualify for Schwab Bonuses
To earn the bonus, you’ll need to:
- Open an eligible Schwab brokerage account
- Use the current Schwab promotion code
- Transfer assets from an external brokerage
- Meet the required asset tier
- Keep the assets in the account for the required period
Schwab does not require a minimum trading activity level or balance beyond the transfer requirements.
You’ll typically need:
- A valid government-issued ID
- Your Social Security number
- Information from the external brokerage
- Bank or brokerage information for funding
Common Reasons You Might Miss Out on the Bonus
You may not qualify if:
- You open an account without entering the bonus code
- You transfer less than the required asset amount
- Assets are withdrawn before the required holding period
- You already have an existing Schwab account (depending on the promo terms)
Because Schwab’s bonuses are tier-based, even a small difference in transfer amount can change which bonus tier you qualify for.
How Schwab Promotions Compare to Competitors
Here’s how Schwab’s bonus program stacks up against other financial institutions offering cash incentives:
| Institution | Bonus Amount | Requirements | Expiration Date |
|---|---|---|---|
| Charles Schwab | Up to $1,000+ | Transfer assets into new brokerage | No expiration date |
| Chase | $300 | Open checking + direct deposit | Jan. 21, 2026 |
| Huntington Bank | Up to $600 | Open checking + deposit $25K in new money | Jan. 15, 2026 |
| BMO | $400 | New checking + qualifying direct deposits | Jan. 28, 2026 |
Schwab is competitive for high-balance investors, but bank bonuses may offer faster, easier cash for everyday consumers.
Tips To Make the Most of Schwab’s Bonus
- Check the current tier chart: Bonus amounts change and vary by balance level.
- Transfer slightly above the threshold: For example, $100 extra might push you into the next bonus tier.
- Avoid early withdrawals: Removing assets too early can forfeit the bonus.
- Use this moment to consolidate accounts: If you already planned to streamline your investments, the bonus adds extra incentive.
Is a Schwab Bonus Worth It for Former TD Ameritrade Customers?
It depends on your goals. Here’s how to decide:
- Choose a bank bonus if you want quick cash. These offers pay out faster and require much smaller deposits than brokerage promotions.
- Choose Schwab if you’re focused on long-term investing. Its low fees and transfer bonus provide more value if you already plan to move assets.
- Choose Schwab if you need a TD Ameritrade replacement. Schwab now supports all former TD Ameritrade customers with similar tools and features.
While TD Ameritrade promotions no longer exist, Schwab’s offers provide a clear path for investors looking for incentives.
Sarah Sharkey contributed to the reporting for this article.
Information is accurate as of Nov. 13, 2025.
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