Update 4/1/23: Extended until 5/31.
Update 2/15/23: Bonus has been increased to $250, valid through 3/31/23. (ht Luke)
The Offer
- Axos Bank is offering a
$200$250 bonus when you open a new Axos invest account when you deposit $2,000 within 60 days and maintain an average balance of $2,000+ for 90 days. Self-Directed Trading accounts will need to additionally make two trades to qualify; Each trade requires a $25 minimum.
The Fine Print
- This offer is valid for one new Non-Qualified Axos Invest Self-Directed Trading account per person and only open to U.S. residents.
- Current and former Axos Invest clients who have received a promotion within the last 365 days or who have closed an account within the last 365 days are not eligible for this offer.
- This offer is non-transferrable.
- Other restrictions may apply.
- This offer is not valid anywhere Axos Invest is not authorized to offer services.
- Accounts must be opened by 12/31/21 and funded within 60 days of account opening to qualify for the cash bonus.
- You must open a new account and have qualifying deposit(s) that total at least $2,000.00 within 60 days to qualify for a $200 bonus, the bonus will be deposited into your account within 10 days following the 90-day waiting period.
- Accounts will be reviewed after this 90 day period to determine whether all terms have been satisfied. If all terms have been satisfied,
- The cash bonus will be credited to the account within a 10-business day processing period.
Our Verdict
Seems like a very easy brokerage bonus, although it’s not a huge bonus. We will add this to our list of the best brokerage bonuses.
Hat tip to ShawntheShawn
Post history:
- Update 11/21/22: Bonus has been increased to $200.
- Update 8/30/22: Bonus has been decreased to $150.
- Update 7/13/22: $200 brokerage offer is now public, but with different requirements. Now you need to open both a new Axos Invest Self-Directed Trading account and an Axos Rewards Checking account to get the $200
- Update 6/10/22: Looks like you can get $200 by calling in.
- Update 5/30/22: Bonus back to $150.
- Update 5/4/22: Back down to $100 now
- Update 3/3/22: Bonus is back to $150.
- Update 2/13/22: Bonus is back but down to $100.
- Update 11/27/21: Bonus increased to $150 from $100.