Update 5/18/23: Another round went one with subject line ‘Please consider investing with an ally’
Update 3/16/23: Another round went out, valid through 12/31/23 (ht Sheriff)
The Offer
Direct Link to offer (note again, this is a targeted offer)
- Ally Invest is offering $100 signup bonus when you meet the following requirements:
- Open an Ally Invest Self-Directed Trading account or Robo Portfolio using the links on this page by 02/22/2023.
- Set up and start a monthly recurring transfer of at least $50 within 30 days of opening your account.
- Complete at least 3 consecutive monthly recurring transfers by 05/23/2023.
- Keep your Ally Invest account open and in good standing until we deposit your $100 cash bonus. Bonus will be deposited by 6/15/23.
The Fine Print
- This unique offer is only available to select Ally Bank customers. Only the original email recipient is eligible and this offer cannot be transferred or shared. We’re all about playing fair, so if we believe you’re trying to game or abuse this offer, you won’t be allowed to participate in this offer or any future offers.
- You must open your eligible account between 01/19/2023 and 02/22/2023 and set up and make a $50 minimum monthly recurring transfer from any bank within 30 days of account opening and complete at least three consecutive monthly transfers by 05/23/2023.
- Your new eligible Ally Invest account must be open and in good standing at the time of the bonus payout to receive your bonus by 06/15/2023, to be paid directly to an Ally Invest Self-Directed Trading account or Robo Portfolio account you own. If you open more than one Ally Invest Self-Directed Trading account or Robo Portfolio, Ally Invest will pick an account to fulfill. You will receive an email with your bonus details closer to bonus payout.
- We’ll treat the bonus as interest for tax reporting purposes. You should talk to your tax advisor about potential impacts to your 2024 tax liability.
Our Verdict
Pretty easy offer to complete with three $50 deposits.
A lot of people sent this in (thanks all!), and some have noted the fine print which indicates it’s a targeted offer. We’ve seen a similar offer in the past, I believe there have been better bonuses in the past as well.