Betterment vs Charles Schwab: Brokerage Bonus Comparison

Betterment — No active offer

No active brokerage offer available from Betterment.

Schwab Brokerage Referral Bonus

$1,000 bonus

Hold Period

1 year

Qualifying Period

45 days from account opening

Requirements

Must be referred by a current Schwab client; Must open eligible retail brokerage account or IRA; Must make qualifying net deposit within 45 days of enrollment; Must provide valid referral code during account opening; Must be new to Schwab (except Stock Plan Services accounts); Must open eligible retail brokerage account; Must be referred by existing Schwab client; Only outside assets new to Schwab qualify; assets transferred from most affiliates excluded; Make qualifying net deposit within 45 days; Maintain deposit for 1 year (taxable accounts); Open eligible retail brokerage account or IRA; Make qualifying net deposit within 45 days of enrollment; Maintain deposit for at least 1 year (taxable accounts) to avoid clawback; Make qualifying net deposit of cash or securities; Minimum $25,000 deposit to qualify for any bonus; Deposit must be made within 45 days of enrolling; Eligible account types: Schwab retail brokerage accounts and IRAs (Intelligent Portfolios, Managed Portfolios, Managed Account Select, Managed Account Connection, Wealth Advisory); Make a qualifying net deposit of cash or securities within 45 days of opening; Deposit must be new to Schwab (not transferred from affiliated Schwab entities); Eligible account types: Schwab retail brokerage accounts and IRAs (including advisory programs); Use referral link from existing Schwab customer; Maintain net deposit (less market losses) for 1 year; Maintain net deposit (less market losses) for 1 year in taxable accounts; Qualifying net deposit (cash or securities) within 45 days; Assets must be new to Schwab (not from Schwab affiliates); Eligible account types: Schwab retail brokerage, IRAs, Schwab-sponsored investment advisory programs; Deposit must be new assets to Schwab (external sources only); Open and fund an eligible retail brokerage account or IRA; Make qualifying net deposit (new assets only) within 45 days of enrollment; Deposit amount determines bonus tier ($25,000 minimum); Maintain net deposit at Schwab for at least one year (for taxable accounts); Make a qualifying net deposit of $25,000+ within 45 days of account opening; Must open eligible retail brokerage account or IRA (Schwab One account); Qualifying net deposit required within 45 days of enrollment; Outside assets new to Schwab only; Make a qualifying net deposit of cash or securities within 45 days of opening account; Deposits must be new to Schwab (not transfers from Schwab affiliates); Must enroll via referrer's code; Enroll via referral link from existing Schwab client; Maintain deposit (less market losses) for at least 1 year; Make qualifying net deposit within 45 days of account opening; Deposits must be from outside Schwab (new to Schwab); Minimum $25,000 deposit required; Make a qualifying net deposit within 45 days; Maintain net deposit for at least one year (taxable accounts); Open eligible retail brokerage or IRA account; Must use referral link from existing Schwab customer; Open eligible retail brokerage account via referral code; Maintain net deposit for at least 1 year (for taxable accounts); Qualifying net deposit of $25,000 or more within 45 days of account opening; Net deposits must be from outside Schwab (not internal transfers); Qualifying net deposit within 45 days of account opening; Net deposit amount must be maintained for 1 year (for taxable accounts) or bonus may be charged back; Must use referral code from existing Schwab client; Make qualifying net deposit within 45 days of opening account; Make qualifying net deposit (cash or securities) within 45 days; Deposit amount determines bonus tier; Must use valid referral link to enroll; New to Schwab (no existing Schwab account other than Stock Plan Services); Must open eligible retail brokerage or IRA account; Must make qualifying net deposit matching tier within 45 days; For taxable accounts, must maintain deposit for 1 year; Open eligible Schwab retail brokerage or IRA account; Maintain net deposit for at least one year (for taxable accounts); Qualifying net deposit of cash or securities within 45 days of enrolling; Outside assets new to Schwab (transfers from certain Schwab affiliates excluded); Maintain net deposit (less market losses) for at least one year (taxable accounts); Must be referred by existing Schwab customer; Qualifying net deposit required (amounts vary by tier); Account must be retail brokerage or IRA; Assets must be new to Schwab; For taxable accounts, maintain net deposit (less market losses) for one year; Deposits must be in Schwab One account