Personal Finance Start-Up Blog

A personal finance blog of a young adult’s journey from entry-level to financial independence

E*Trade Savings Account with $25 Sign Up Bonus

I stumbled upon a $25 bonus for opening an E*Trade Savings Account. I won’t use the account as my main savings account, but a free $25 is worth the ten minutes it takes to sign up. E*Trade has no minimum balances, no account fees, $1 minimum deposit to open, a 2.50% APY and is FDIC insured. Online statements are required with this account, which is no big deal for me as I get online statements for every account I have. To qualify for the bonus you must open a new account by 02/25/09 and the $25 will be credited within 30 days, however, I received mine the same day I opened my account. To open your account and get your free $25, follow the instructions below.

Account Sign Up

Click on the following image:

Enter the following personal information.

Complete your personal information where the information entered on the previous screen is already inserted into the correct locations. The following information must also be provided on this page: birthday, business phone number and a suitable form of ID (driver’s license, state issued ID or military ID)

E*Trade requires the following employment information:

E*Trade allows you to select your account type from the following options: 2 checking options, 1 savings, 1 money market account, numerous unattractive CDs. Obviously, you will be signing up for the savings account for the bonus.

Your initial funding deposit must be made via one of the following means:

The initial deposit must be at least $1, which is all I deposited.

Review your information to check for any errors. Agree to the following disclosures: Rate & Fee Schedule, Account Agreement, Privacy Statement. Congratulations, your E*Trade account is now opened.

I spent less than 10 minutes on opening my account, and was rewarded with $25. The only down side is that the money is reported as interest income, but I suppose that is to be expected. I am always on the look out for free money and will continue to keep you all updated. I’m hoping to get a free money page set up as soon as possible that keeps tabs on all available free money opportunities.

Share and Enjoy: