Posted byon October 3, 2008
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Say it with me! Free Money Friday! You know the routine, Friday is all about free money here at My Dollar Plan. Today TradeKing is offering a $50 sign up bonus for new accounts opened in October and November.
From the Terms and Conditions:
The $50 over six months is the equivalent of 4%. You will also receive interest on any cash in the account during that time. You can sign up for the sweep option, which is FDIC insured, to get an additional 0.90% on your uninvested money. Even with two trading fees added in, it’s better than almost all of the high yield savings accounts right now.
If you have an account elsewhere, and you are already making trades, this is probably cheaper. I’m going to consider moving one of our Scottrade accounts here to check it out. In addition, our investment club is looking for a new broker, so maybe we’ll consider it for that too!
Update: The offer has been extended through November 30, 2008.
Sign up for your $50 from TradeKing.