Fund the account with at least $25,000 in securities or cash within 90 days of account opening.
Maintain the funds and/or securities for a minimum of three months.
Merrill Edge Terms & Conditions
The $25,000 minimum funding must come from sources outside Merrill Lynch or Bank of America.
The $100 is a one-time provided to the newly opened brokerage account (CMA) after qualification criteria are met.
The $100 deposit will be made during the month after the month in which the three-month account balance maintenance requirement is satisfied.
More on Merrill Edge
Commission fees are waived for as many as 30 online equity trades each month for self-directed brokerage customers who meet either of these criteria:
A combined total of $25,000 or more in your deposit accounts at Bank of America.
A combined balance of $25,000 or more in cash balances in one of the following sweep options in your Merrill Edge account as of the prior business day: Bank Deposit Accounts sweep option with your CMA or Retirement Assets Savings Program (RASP) sweep with your IRA.
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