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Chase vs Merrill: Brokerage Bonus Comparison

Updated April 2026 — See which brokerage bonus is better for you.

Chase Brokerage Bonus — Up to $1,000

$1,000 bonus

Hold Period
90 days
Qualifying Period
45 days
Requirements
Deposit/transfer minimum $5,000 from external institution; Maintain funds for 90 days from enrollment; Account types eligible: General Investment, Traditional IRA, or Roth IRA; New money must be transferred within 45 days of account opening
Expires
July 21, 2026
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Merrill Brokerage Bonus — Up to $1,000

$1,000 bonus

Hold Period
90 days
Qualifying Period
45 days
Requirements
Fund account with at least $20,000 in qualifying net new assets within 45 days of account opening; Assets from MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count as qualifying; Maintain balance for at least 90 days; Enroll in Preferred Rewards program within 90 days of funding; Use promo code 1000PR at account opening or provide to Merrill Financial Solutions Advisor
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Bottom Line

Both offer the same bonus amount ($1,000). Compare the hold periods, requirements, and other terms to decide which is best for you.

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