ShareBuilder Promotion: $25 Bonus to Open a New Account

Posted by Sun on February 25, 2009
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Are you still interested in ShareBuilder?

If you are, then you can get $25 bonus when opening a new account. This offer is only good for joint, individual and custodial accounts, not for IRA or ESA accounts. The bonus will be credited to your new account within four to six weeks after the first transaction is made. This means that you not only need to open an account, but also make a trade in order to qualify for the bonus.

Despite the bonus, ShareBuilder isn’t the online brokerage that I’d recommend for a few reasons. First, it isn’t really cheap to invest with ShareBuilder. You pay $4 with their automatic investment plan and $9.95 for real time trade. This isn’t the price I am willing to pay. Second, it’s not flexible to invest with ShareBuilder. With their automatic investment plan, you can only buy stocks on Tuesday on a monthly basis. Even though they recently introduced a feature to let you save first and invest later (so you don’t have to buy every month, potentially reduce the cost of investing), I’d like to have the flexibility of investing at my own schedule. There are many other discount brokers available that offer both low commission and investment flexibility.

Anyway, if you are interested in getting the $25 bonus and a ShareBuilder account, you can use the contact form to request a referral link.

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