3% of Assets Possible ($750 Bonus on $25,000) — My Money Blog

Updated with new offer. The Webull brokerage app is offering an updated ACAT Transfer bonus plus up to $100 in outgoing fee reimbursements on your first transfer of at least $5,000. This specific offer ends 4/6/25. The minimum hold period is 1 year (must hold past 4/20/26). The bonus percentages change with each tier, with the highest being the 3% ratio for the $750 bonus on $25,000 in new assets (or deposits). The bonus is paid out via 12 equal monthly installments.

Here are their directions:

• Click the “Enroll Today” button.
• Deposit or transfer a total of $5,000 or more into your brokerage accounts by 4/6/2025.(Joint accounts, Futures accounts, Advisor accounts and IRA accounts are excluded)
• Receive the first payment of Cash Bonus within 45 days following the offer ends.
• Maintain your Net Qualifying Funding Amount and receive monthly bonus payments until 4/20/2026.

Here are the full terms & conditions. Here’s what they say concerning offer eligibility.

This offer (the “Offer”) is open to individuals who (i) have a Webull Account (as defined below), and (ii) receive a push notification or other invitation to participate through the Webull mobile application, desktop application, or website (collectively, the “Webull Platform”) to participate in this Offer (such customers “Eligible Customers”).

I clicked the “Enroll Today” button and logged into my existing account, but was met with this popup:

We’re sorry, but you’re currently not eligible for this promotion. If you’d like to learn more or explore how you can participate, please contact [email protected]. We’re happy to assist you!

Check for yourself, but my best guess is that this offer is limited to existing customers of Webull that have never done an ACAT transfer yet.

If you are a brand new customer, you should consider first grabbing their new customer bonus. Right now, you can get up to 40 free shares of stock (my referral link) if you open a new account, deposit $2,000 and keep it there for 30 days. The bonus shares have a minimum value of $3 each, so the minimum bonus value would be $120. It’s a lottery-type offer so the shares might be worth up to $3,000 each, but I’d expect just the $3 each and anything above will be gravy. (Open with $100 for 6 free shares, open with $500 for 20 free shares.)

As with all similar ACAT transfer offers, you can transfer over your existing stock holdings and the cost basis should also transfer over with no tax consequences. You just keep your same shares of Apple or index ETFs at a different broker. If you want to deposit cash, you could also own things like Treasury bill ETFs (ex. SGOV) or ultra-short term bond ETFs and earn interest on top of the bonus.