Received email to open an optionsXpress accont with a min of $500 and receive a $500 bonus after 6 months. This is a brokerage account and you must make at least one trade during the 6 month period and maintain an average balance of $500 during the period. $500 bonus is paid at the end of 6 months. Here's the info on the account. |
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I have new news on this now. If your account was opened on/by 11-30-2008 then you'll have until Dec. 15th to get funds settled into the account to then be eligible for this special offer. via online chat If you opened account on 11/30, verified electronically but account number assigned on 12/1, you are safe. Just confirmed with Jesus (CSR) In short, you have to submit ALL account opening materials (electronic or paper) by 11/30, then even if you receive the account number/activation email on 12/1, you are safe. But if there is any problem, like verification failed etc, then you need to ARGUE with optionsExpress. also please remember it is NOT a $500 average daily balance, per transcipt with CSR, the account must never be less than $500 at end of any day thru May. |
Wow this is hot...any idea why you received this e-mail? Edit: Googled optionsxpress $500 and this was the first sponsored link: http://www.optionsxpress.com/promos/500_reasons.aspx This is SMOKING hot! Just opened an account, I already have an account so I hope that does not disqualify me (terms don't mention it). FYI, I would suggest depositing $500 + whatever commissions you expect to pay since you need to maintain a $500 balance AND make one trade. |
This does look hot
*Offer limited to one $500 bonus for each newly activated, funded optionsXpress account meeting the terms and conditions of the offer. To qualify for the $500 bonus, the account must be opened through https://www.optionsxpress.com/new_account.asp?intcmp=lplb500ppc&promo=113 or with promo code C3 by 11/30/08, a per account average balance of $500 must be maintained for 6 months, and the account must trade at least once. The $500 bonus will be deposited into the account on May 15th, 2009 if terms and conditions are met. A customer can only qualify for the $500 bonus a total of one time. Deposits of new funds or securities from existing optionsXpress accounts are not eligible for this offer. Qualified (IRA), linked and shared accounts are not eligible for this offer. This offer is not valid for optionsXpress associates, non-U.S. residents, and where otherwise prohibited. Customers can not exchange the $500 for other offers, cash or credit. We reserve the right at our sole discretion, to cancel, modify or suspend this offer program at any time without notice. optionsXpress, Inc. makes no investment recommendations and does not provide advice, including, but not limited to, financial, tax or legal advice. Content and tools are provided for educational and informational purposes only. Any stock, options, or futures symbols displayed are for illustrative purposes only and are not intended to portray a recommendation to buy or sell a particular security. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. An investor should understand these and additional risks before trading. Products and services intended for U.S. customers and may not be available or offered in all jurisdictions. |
FloorsMat said:Wow this is hot...any idea why you received this e-mail? |
Just signed up, but when I click to transfer funds ACH it says please call cashier... I don't see a time at which I have to fund the account by? Anyone else having this problem? |
does ave account balance over 500 mean that if the stock you purchased drops and your balanced falls under the 500 dollar mark for most of the 6 months then you might not get the bonus, so would the best option is to open with around 550 or 600 then buy a low priced stock to keep total cash balance over 500? I have never done one of these bonus offers so I would like to make sure I qualify for the bonus. The reason I ask is I have an brokerage account elsewhere, and primarily doing this for the bonus. So would the option I suggested above qualify for the bonus based on your experiences. Thanks! |
I just signed up and added ach funding info without any issues.
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DreamKrusher said:Based on the last offer account bonus I did with OX, It was only a soft pull if you open a "cash" account. Margin accounts were hard pulls.You have more than 1 account?? I already have one with them, so if I can open another one, that would be wonderful. |
To qualify for the bonus, Do we open a cash, cash/margin or Portfolio margin account? the ad mentions one trade so i guess is a cash/margin account? |
I opened a cash account and requested an ACH transfer. They requested a photocopy of a valid ID. I guess a scanned copy of my driver's license is fine? |
Thanks OP. I had no problems opening, but it seems like I have to wait on trial deposits in order to fund it. Will I still receive the bonus since the account won't be funded by tomorrow? (I realize that's a stupid question since noone here actually is Options X but I thought I might have missed the fine print somewhere. |
Thanks much OP. I did ACH, and no problems... though I will have to wait for the minuscule deposits to show up over the next couple days. I have not had an account with them before. |
$500 is quite a bit... here's to hoping we make it all the way to May! |
pyro123 said:To qualify for the bonus, Do we open a cash, cash/margin or Portfolio margin account? the ad mentions one trade so i guess is a cash/margin account? Any of them should work. I opened a cash account to avoid a hard pull. |
therivler1 said:DreamKrusher said:Based on the last offer account bonus I did with OX, It was only a soft pull if you open a "cash" account. Margin accounts were hard pulls.You have more than 1 account?? I already have one with them, so if I can open another one, that would be wonderful. I do not have any open accounts with them currently. I closed my account back in July 08. The small print states "Deposits of new funds or securities from existing optionsXpress accounts are not eligible for this offer. Qualified (IRA), linked and shared accounts are not eligible for this offer" It does not explicitly state existing customers are not eligible. |
I opened an account just now. Thanks OP! |
Has anyone else been forced to submit a photocopied ID? |
I just logged into my account and noticed there is $100 for refer-a-friend. This just keeps getting better. Can we combine refer-a-friend with the $500 promo? |
I was forced to submit photo copied id.... |
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