Bank of America's self-directed brokerage pays a tiered cash bonus for moving in new money, with no end date. It is a high-threshold offer: the top $600 needs a $200,000 transfer, and the entry $100 needs $20,000. Preferred Rewards members can reach up to $1,000 through a separate code.
What you get at each tier
| Bring this | You get |
|---|---|
| $20,000 to $49,999 | $100 |
| $50,000 to $99,999 | $150 |
| $100,000 to $199,999 | $250 |
| $200,000 or more | $600 |
Eligibility
Available nationwide
No state restrictions on this offer.
No hard credit pull
Opening this account does not post a hard inquiry.
How to get the Merrill Edge Self-Directed bonus
- Open a Merrill Edge Self-Directed account with promo code 600ME.
- Transfer in new-to-Bank-of-America money within 45 days at your target tier.
- The bonus pays about 2 weeks after the funding window; keep the balance 90 days.
The fine print that matters
- Tiered by new money: $100 at $20,000, $150 at $50,000, $250 at $100,000, $600 at $200,000.
- Funds must be new to the Bank of America and Merrill ecosystem; existing balances do not count.
- Bank of America Preferred Rewards members can earn up to $1,000 via a separate code (1000PR).
Verification and reports
Confirmed against merrilledge.com on Aug 8, 2026. Based on 0 field reports. Status Limited reports is computed from those reports, never hand-set.
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Sources: Merrill Edge: $600 offer (checked Jul 19, 2026)
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