Brokerage

Merrill Brokerage Bonus — Up to $1,000

Bonus Tiers

Deposit	Bonus
$20,000	$100
$50,000	$200
$100,000	$400
$250,000	$1,000

Hold Period

180 days

Qualifying Period

45 days

Payout

Within 2 weeks following the end of the 180-day period

Requirements

✓Minimum $20,000 in qualifying net new assets
✓Promo code 1000PR required at account opening
✓Assets must be transferred from external accounts (internal transfers do not qualify)
✓Must be enrolled in Bank of America Preferred Rewards as of 90 days after funding
✓Minimum $20,000 qualifying net new assets deposit
✓Must enroll in offer code at account opening
✓Must be enrolled in Preferred Rewards as of 90 days from funding
✓Assets must originate outside Bank of America
✓Min $20,000 qualifying net new deposit/transfer
✓Deposit must be made within 45 days of account opening
✓Must maintain balance for 90 days
✓Offer code 1000PR must be entered at account opening
✓Minimum $20,000 in qualifying net new assets within 45 days
✓Enroll in Preferred Rewards within 90 days of funding
✓Assets from BofA, MLPF&S, BofA Private Bank, or 401(k) accounts administered by MLPF&S do not count
✓Deposit/transfer $20,000+ in qualifying net new assets within 45 days of account opening
✓Maintain balance for 90 days from funding date
✓Enrolled in Bank of America Preferred Rewards program
✓Must use promo code 1000PR during account opening
✓Must have or open eligible Bank of America personal checking account
✓Enroll in Preferred Rewards Program within 90 days of funding
✓Fund account with qualifying net new assets within 45 days
✓Maintain balance for 90 days
✓Enroll using offer code PR1000 during account opening
✓Must be enrolled in Preferred Rewards as of 90 days from meeting funding criteria to receive up to $1,000 bonus (can enroll as part of promotional early enrollment)
✓Use promo code 1000PR at account opening
✓Fund account with at least $20,000 in qualifying net new assets within 45 days of account opening
✓Assets transferred from other BofA, MLPF&S, or 401(k) accounts administered by MLPF&S do not count toward qualifying assets
✓Enroll in Preferred Rewards within 90 days of funding (can enroll early as part of promotion)
✓Must have or open eligible Bank of America personal checking Advantage Banking account to enroll in Preferred Rewards
✓Must enroll using offer code PR1000
✓Minimum $20,000 qualifying net new assets
✓Fund account within 45 days of account opening
✓Must be enrolled in Preferred Rewards as of 90 days after funding
✓Maintain balance for at least 90 days
✓For code 1000PR: Must be enrolled in Bank of America Preferred Rewards as of 90 days after funding
✓Enroll using offer code 1000PR at account opening
✓Deposit minimum $20,000 in qualifying net new assets within 45 days of account opening
✓Maintain the deposit for at least 90 days
✓Be enrolled in Preferred Rewards as of 90 days after funding
✓Must enroll using offer code 1000PR
✓Assets transferred from other MLPF&S, Bank of America Private Bank, or 401(k) accounts do not count as qualifying
✓Assets from MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count as qualifying
✓Enroll in Preferred Rewards program within 90 days of funding (promotional early enrollment available)
✓Use promo code 1000PR at account opening or provide to Merrill Financial Solutions Advisor
✓Qualifying net new assets calculated by adding total incoming assets/transfers from external accounts and subtracting assets withdrawn within preceding 24 weeks

Restrictions

⚠Preferred Rewards membership required or must enroll during account opening
⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMA) only
⚠Limited to one CMA and one IRA per accountholder
⚠Eligible IRAs: Traditional, Roth, Rollover, Sole-Proprietor SEP
⚠Preferred Rewards members only for $1,000 tier
⚠New accounts only
⚠One CMA and one IRA per accountholder (two accounts max)
⚠Preferred Rewards members only
⚠Must enroll in Preferred Rewards within 90 days of funding
⚠New and existing IRAs or Cash Management Accounts (CMAs)
⚠One CMA and one IRA per accountholder
⚠Bank of America Preferred Rewards members only
⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMAs)
⚠One per account type (one CMA and one IRA max per accountholder)
⚠Must enroll within 90 days of funding to qualify
⚠New individual Merrill IRAs or Cash Management Accounts (CMAs) only
⚠Preferred Rewards members only (for this $1,000 tier)
⚠New customers only
⚠Preferred Rewards enrollment required within 90 days of funding
⚠One CMA and one IRA per accountholder (in aggregate)
⚠Eligible account types: Merrill Edge Self-Directed, Merrill Edge Advisory Account, Merrill Guided Investing, or Merrill Guided Investing with Advisor
⚠Eligible IRAs: Traditional, Roth, and owner-only SEP IRA
⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMA)
⚠Must be enrolled in Preferred Rewards as of 90 days after funding
⚠Limited to one CMA and one IRA per accountholder (max 2 enrolled accounts)
⚠Does not apply to business/corporate accounts, investment club accounts, partnership accounts, or certain fiduciary accounts
⚠Preferred Rewards member required
⚠Does not apply to business/corporate, investment club, partnership, UTMA/UGMA, 529 Plan, or certain fiduciary accounts
⚠Assets from other Bank of America, MLPF&S, or 401(k) accounts do not count toward qualifying assets
⚠Offer code 1000PR requires Preferred Rewards enrollment
⚠One CMA and one IRA per account holder, max 2 enrolled accounts
⚠Funds must originate from outside Bank of America and MLPF&S
⚠Cannot transfer from MLPF&S 401(k) accounts
⚠Requires enrollment in Bank of America Preferred Rewards program
⚠Requires Bank of America Preferred Rewards membership as of 90 days from funding
⚠New and existing individual Merrill IRAs or Cash Management Accounts only
⚠Not applicable to business/corporate accounts, investment club accounts, partnership accounts, or certain fiduciary accounts
⚠Must be enrolled in Bank of America Preferred Rewards as of 90 days from meeting funding criteria
⚠Limited to one CMA and one IRA per accountholder, max two enrolled accounts per accountholder
⚠Eligible IRAs: Traditional, Roth, and owner-only SEP IRA only
⚠Does not apply to business/corporate accounts, investment club accounts, partnership accounts, UTMA/UGMA accounts, 529 Plans, or other business units of MLPF&S

Fees

$0 annual account fee
$0 stock and ETF trade commissions
$0 commission on online stock and ETF trades
$0 account fee
$0 trading commissions on stocks, ETFs, and options
$0 account opening fee
$0 trading commissions on online stock, ETF, and option trades
$0.65 per contract fee on option trades
Brokerage fees apply for margin transactions, special stock registration/gifting, account transfer, processing, and termination

Bonus may be taxable income; Merrill may issue Form 1099
Cash reward deposited into investment advisory program accounts subject to program fees
Qualifying net new assets calculated by adding incoming transfers and subtracting withdrawals within preceding 52 weeks
Assets from other MLPF&S, Bank of America Private Bank, or 401(k) accounts do not count as qualifying net new assets
Assets transferred from other MLPF&S accounts, Bank of America Private Bank, or 401(k) accounts do not count toward qualifying assets
Bonus based on net new assets irrespective of trading gains or losses
If not enrolled in Preferred Rewards at 90 days, non-Preferred Rewards tier applies (max $600)
Qualifying net new assets exclude assets transferred from other MLPF&S, Bank of America Private Bank, or 401(k) accounts
Bonus eligible IRAs: Traditional, Roth, SEP IRA (owner-only)
For Preferred Rewards members only
Qualifying net new assets exclude transfers from existing BofA/Merrill accounts
Cash reward may be taxable income; IRS Form 1099 may be issued
If account enrolled in investment advisory program, cash reward subject to program fee
Qualifying net new assets exclude transfers from other Bank of America, MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S
Assets are calculated net of any losses or gains due to trading or market volatility
Cash reward subject to investment advisory program fees if account is enrolled in advisory programs
Early enrollment in Preferred Rewards program may be offered as part of promotion
Qualifying net new assets exclude transfers from other Bank of America, Merrill, or MLPF&S accounts
Bonus is calculated on qualifying assets after 90 days regardless of trading gains/losses
Bonus may be subject to investment advisory program fees if account is enrolled in such a program
Reward may be taxable income; Form 1099 may be issued
Assets transferred from other accounts at MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets
For purposes of this offer, qualifying net new assets are calculated by adding total incoming assets or transfers from external accounts and subtracting assets withdrawn or transferred out within preceding 24 weeks
Cash reward credited as investment earnings to account; IRS Form 1099 may be issued
Bonus is credited as investment earnings and may be taxable; Merrill may issue Form 1099
If enrolled in advisory program, bonus subject to program fee and terms
Bonus may be taxed as ordinary income
Merrill may change or cancel offer without notice
Qualifying net new assets calculated by adding incoming transfers and subtracting withdrawals within preceding 24 weeks
Assets transferred from other MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count toward qualifying net new assets
Bonus is credited as investment earnings and may be subject to 1099 reporting
If bonus is credited to an IRA, IRS may view it as taxable income or excess contribution (subject to 6% excise tax if not timely distributed)
If account is enrolled in advisory program, bonus will be subject to program fees
Merrill reserves the right to change or cancel this offer at any time without notice
Bonus may be taxable income; Merrill may issue IRS Form 1099
For Preferred Rewards offer (1000PR): Early enrollment in Preferred Rewards available; usual 3-month average balance requirement waived if you meet funding requirement at time of account opening
Bonus amount is determined by qualifying net new assets, calculated independent of trading gains/losses
Offer valid for Self-Directed, Advisory, Guided Investing, or Guided Investing with Advisor account types
If account enrolled in investment advisory program, bonus subject to program fee
Cash reward determined by qualifying net new assets regardless of trading or market volatility
May be subject to investment advisory program fees if enrolled in advisory accounts
Merrill may issue an IRS Form 1099 reflecting reward value
Offer valid for Merrill Edge Self-Directed, Advisory, Guided Investing, and Guided Investing with Advisor accounts
Bonus is taxable income; Merrill may issue IRS Form 1099
Bonus is subject to investment advisory program fees if account is enrolled in advisory program
Offer valid for Merrill Edge Self-Directed accounts, Advisory Accounts, and Merrill Guided Investing accounts
Merrill reserves right to change or cancel offer at any time without notice
Promotional early enrollment in Preferred Rewards: when you enroll in this offer, you consent to early enrollment; you will be enrolled within 45 days based on current balances rather than usual 3-month average requirement

Sign-Up Bonus

$1,000

View Promo Terms →

Last updated June 29, 2026

Saved source PDFs

Jun 22, 2026

Signup page DownloadTerms page Download

Discussion

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How to evaluate Merrill Brokerage Bonus

Before transferring assets, compare the bonus tier against the deposit amount, required hold period, transfer fees, and whether IRA or taxable accounts qualify.

More brokerage bonuses →All Merrill offers →Brokerage bonuses for small deposits →Best brokerage bonuses list →

Qualification checklist

Timing

Qualifying period: 45 days
Payout timeline: Within 2 weeks following the end of the 180-day period
Hold period: 180 days

How to qualify

Minimum $20,000 in qualifying net new assets
Promo code 1000PR required at account opening
Assets must be transferred from external accounts (internal transfers do not qualify)
Must be enrolled in Bank of America Preferred Rewards as of 90 days after funding

Common pitfalls

Preferred Rewards membership required or must enroll during account opening
New and existing individual Merrill IRAs or Cash Management Accounts (CMA) only
Limited to one CMA and one IRA per accountholder
Eligible IRAs: Traditional, Roth, Rollover, Sole-Proprietor SEP

What makes this offer different

What makes this brokerage offer different

This brokerage offer is transfer-oriented, so the practical value depends on the asset tier, transfer friction, and required hold period.

Bonus value versus similar offers

The sign-up bonus is below the current nearby $6,750 median, so the requirements and any referral or portal stack matter more.

Requirement clarity

Credolix has extracted 4 requirements for this offer, so compare the bonus against the actual steps rather than the headline payout alone.

Frequently Asked Questions

How long do I have to qualify for Merrill Brokerage Bonus?

The qualifying period listed for Merrill Brokerage Bonus is 45 days.

When does Merrill Brokerage Bonus pay out?

The payout timeline listed for Merrill Brokerage Bonus is Within 2 weeks following the end of the 180-day period.

How long do I need to keep funds or the account for Merrill Brokerage Bonus?

The hold period listed for Merrill Brokerage Bonus is 180 days.

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Deposit

Bonus

$20,000

$100

$50,000

$200

$100,000

$400

$250,000

$1,000

Requirements

✓Minimum $20,000 in qualifying net new assets

✓Promo code 1000PR required at account opening

✓Assets must be transferred from external accounts (internal transfers do not qualify)

✓Must be enrolled in Bank of America Preferred Rewards as of 90 days after funding

✓Minimum $20,000 qualifying net new assets deposit

✓Must enroll in offer code at account opening

✓Must be enrolled in Preferred Rewards as of 90 days from funding

✓Assets must originate outside Bank of America

✓Min $20,000 qualifying net new deposit/transfer

✓Deposit must be made within 45 days of account opening

✓Must maintain balance for 90 days

✓Offer code 1000PR must be entered at account opening

✓Minimum $20,000 in qualifying net new assets within 45 days

✓Enroll in Preferred Rewards within 90 days of funding

✓Assets from BofA, MLPF&S, BofA Private Bank, or 401(k) accounts administered by MLPF&S do not count

✓Deposit/transfer $20,000+ in qualifying net new assets within 45 days of account opening

✓Maintain balance for 90 days from funding date

✓Enrolled in Bank of America Preferred Rewards program

✓Must use promo code 1000PR during account opening

✓Must have or open eligible Bank of America personal checking account

✓Enroll in Preferred Rewards Program within 90 days of funding

✓Fund account with qualifying net new assets within 45 days

✓Maintain balance for 90 days

✓Enroll using offer code PR1000 during account opening

✓Must be enrolled in Preferred Rewards as of 90 days from meeting funding criteria to receive up to $1,000 bonus (can enroll as part of promotional early enrollment)

✓Use promo code 1000PR at account opening

✓Fund account with at least $20,000 in qualifying net new assets within 45 days of account opening

✓Assets transferred from other BofA, MLPF&S, or 401(k) accounts administered by MLPF&S do not count toward qualifying assets

✓Enroll in Preferred Rewards within 90 days of funding (can enroll early as part of promotion)

✓Must have or open eligible Bank of America personal checking Advantage Banking account to enroll in Preferred Rewards

✓Must enroll using offer code PR1000

✓Minimum $20,000 qualifying net new assets

✓Fund account within 45 days of account opening

✓Must be enrolled in Preferred Rewards as of 90 days after funding

✓Maintain balance for at least 90 days

✓For code 1000PR: Must be enrolled in Bank of America Preferred Rewards as of 90 days after funding

✓Enroll using offer code 1000PR at account opening

✓Deposit minimum $20,000 in qualifying net new assets within 45 days of account opening

✓Maintain the deposit for at least 90 days

✓Be enrolled in Preferred Rewards as of 90 days after funding

✓Must enroll using offer code 1000PR

✓Assets transferred from other MLPF&S, Bank of America Private Bank, or 401(k) accounts do not count as qualifying

✓Assets from MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count as qualifying

✓Enroll in Preferred Rewards program within 90 days of funding (promotional early enrollment available)

✓Use promo code 1000PR at account opening or provide to Merrill Financial Solutions Advisor

✓Qualifying net new assets calculated by adding total incoming assets/transfers from external accounts and subtracting assets withdrawn within preceding 24 weeks

Restrictions

⚠Preferred Rewards membership required or must enroll during account opening

⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMA) only

⚠Limited to one CMA and one IRA per accountholder

⚠Eligible IRAs: Traditional, Roth, Rollover, Sole-Proprietor SEP

⚠Preferred Rewards members only for $1,000 tier

⚠New accounts only

⚠One CMA and one IRA per accountholder (two accounts max)

⚠Preferred Rewards members only

⚠Must enroll in Preferred Rewards within 90 days of funding

⚠New and existing IRAs or Cash Management Accounts (CMAs)

⚠One CMA and one IRA per accountholder

⚠Bank of America Preferred Rewards members only

⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMAs)

⚠One per account type (one CMA and one IRA max per accountholder)

⚠Must enroll within 90 days of funding to qualify

⚠New individual Merrill IRAs or Cash Management Accounts (CMAs) only

⚠Preferred Rewards members only (for this $1,000 tier)

⚠New customers only

⚠Preferred Rewards enrollment required within 90 days of funding

⚠One CMA and one IRA per accountholder (in aggregate)

⚠Eligible account types: Merrill Edge Self-Directed, Merrill Edge Advisory Account, Merrill Guided Investing, or Merrill Guided Investing with Advisor

⚠Eligible IRAs: Traditional, Roth, and owner-only SEP IRA

⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMA)

⚠Must be enrolled in Preferred Rewards as of 90 days after funding

⚠Limited to one CMA and one IRA per accountholder (max 2 enrolled accounts)

⚠Does not apply to business/corporate accounts, investment club accounts, partnership accounts, or certain fiduciary accounts

⚠Preferred Rewards member required

⚠Does not apply to business/corporate, investment club, partnership, UTMA/UGMA, 529 Plan, or certain fiduciary accounts

⚠Assets from other Bank of America, MLPF&S, or 401(k) accounts do not count toward qualifying assets

⚠Offer code 1000PR requires Preferred Rewards enrollment

⚠One CMA and one IRA per account holder, max 2 enrolled accounts

⚠Funds must originate from outside Bank of America and MLPF&S

⚠Cannot transfer from MLPF&S 401(k) accounts

⚠Requires enrollment in Bank of America Preferred Rewards program

⚠Requires Bank of America Preferred Rewards membership as of 90 days from funding

⚠New and existing individual Merrill IRAs or Cash Management Accounts only

⚠Not applicable to business/corporate accounts, investment club accounts, partnership accounts, or certain fiduciary accounts

⚠Must be enrolled in Bank of America Preferred Rewards as of 90 days from meeting funding criteria

⚠Limited to one CMA and one IRA per accountholder, max two enrolled accounts per accountholder

⚠Eligible IRAs: Traditional, Roth, and owner-only SEP IRA only

⚠Does not apply to business/corporate accounts, investment club accounts, partnership accounts, UTMA/UGMA accounts, 529 Plans, or other business units of MLPF&S

Fees

$0 annual account fee

$0 stock and ETF trade commissions

$0 commission on online stock and ETF trades

$0 account fee

$0 trading commissions on stocks, ETFs, and options

$0 account opening fee

$0 trading commissions on online stock, ETF, and option trades

$0.65 per contract fee on option trades

Brokerage fees apply for margin transactions, special stock registration/gifting, account transfer, processing, and termination