bank rates

ETRADE 3.15% APY + FREE $25 Signup Bonus

ETRADE has launched a FREE $25 bonus offer for their 3.15% APY Max Rate Savings Account.

How to take advantage of this deal

High Yield + Trusted Bank + $25 Bonus = Winning Combination!
This is a hot deal. The 3.15% APY is 6x the national average, and the $25 bonus is just icing on the cake!

Sign up now before the offer expires.

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (29)
1 Star2 Stars3 Stars4 Stars5 Stars (24 votes, average: 4.08 out of 5)
Loading...
29 Existing Comments
  1. Matt said:
    on June 3rd at 10:40 pm

    I did this offer a few months ago when the rate was 5.05% and I received my bonus money just as promised.

  2. Andrew said:
    on June 4th at 12:00 am

    I love how bank and credit cards give you money for free. It rocks. I take advantage of practically all the offers I find. $25 here and there really adds up by the end of a year.

  3. s. karzai said:
    on June 5th at 01:48 am

    hot deal! count me in

  4. shraz said:
    on June 5th at 08:10 am

    I’ve been using the Complete Savings account since it launched and it’s great. I love E*TRADE online bank and the ACH transfers are fast as hell.

  5. sirus7 said:
    on June 7th at 10:10 pm

    nice! free money!

  6. jmuhrocks said:
    on June 8th at 10:34 pm

    Free money in time of need!

  7. Brendan said:
    on June 9th at 10:26 pm

    I signed up. I couldn’t find any info regarding closing the account after the free $25 is deposited. Anyone know if there is an early account closing fee or something?

  8. bd wong said:
    on June 9th at 10:53 pm

    just keep your account open, y bother closing it?

  9. jimmy said:
    on June 10th at 05:36 am

    I signed up for this offer a few weeks ago and have yet to receive my $25 bonus. Watch out – it may be a lot harder than you expect to get your bonus money.

  10. wayne said:
    on June 10th at 04:25 pm

    called e-trade. the said promo code required anyone know it????

  11. t-bone said:
    on June 10th at 05:18 pm

    i signed up for their last $25 bonus offer. they did not give me the $25. i had to call about 5 different times; I couldn’t even access my account online! they kept telling me their site was working properly, and that it was something I must have done wrong, but finally, on the 5th call, i talked to someone who actually spoke English and wasn’t retarded, and they figured out that my account for some reason had not been processed by their computers to access the account. They fixed THEIR mistake, and it STILL took another phone call because they still didn’t give me my $25 because of their error in processing my account. Eventually I did get the $25 but it was not easy!

  12. shraz said:
    on June 10th at 09:04 pm

    there is no account closing fee.
    Just use their online contact (top right corner) to request your $25bux after 30days and they will credit it.

  13. wayne said:
    on June 11th at 03:33 am

    txed e-trade.they said promo code required for $25 bonus.anybody have code??????.where is code avalable at??????

  14. shraz said:
    on June 11th at 10:04 am

    Tell them there is no code, that you went on the site and you click on the $25 bonus for opening a savings account instantly.

  15. bd wong said:
    on June 11th at 11:37 am

    no need for a promo code! just click the link above!

  16. Muni said:
    on June 14th at 03:57 pm

    Does ETRADE perform hard credit check for opening checking account? Will they provide 3.15% interest irrespective of balance amount?

  17. shraz said:
    on June 15th at 11:32 pm

    all $1 and above earns 3.15% APY
    no hard credit check for most.

  18. sladowski said:
    on June 16th at 03:04 pm

    Opened 6 month CD that just matured. Tried to close, and they wanted $25.00 to wire funds. I told them just sent it by ACH, the same way they funded the account. They refused. After some discussion, they waived the fee. Now, the receiving bank charged me $15.00 as an incoming wire fee.

    Opening the acount is no problem, and ACH works just fine and is free. Why they give you such a hassle closing it is beyond me. Maybe they want to use the wire fees to fund the new promotion. From a customer’s perspective, I lost 15% of my interest due to the incoming wire fee, and if they did not waive the wire fee going out, it would have been over 40% of the interest on the CD.

    Take this into account before opening the account.

  19. shraz said:
    on June 16th at 08:18 pm

    Sladowski, that’s y open a savings account with them. What I do is when a CD matures I tell them online to close it and transfer the funds to my savings account and then I can ACH to anywhere I want. E*Trade has the best online banking management, I highly consider getting their free checking and savings account.

  20. Chris said:
    on June 19th at 02:09 am

    As of 6/18/08, this deal sucks. Here’s E-Trade’s fine print:

    Minimum initial deposit: A minimum initial deposit of $100 is required to open this account.

    Minimum balance: The monthly fee set forth below is waived for customers who maintain an average monthly balance of $5,000 or more in their account by the end of their second statement cycle; or who set up and maintain a direct deposit of $200 or more per month (a combination of direct deposits totaling $200 does not satisfy this requirement); or who maintain a combined average monthly balance of $50,000 or more in linked E*TRADE Securities, E*TRADE Bank, and employee stock plan accounts (including vested in-the-money options, stock option plan shares, ESPP shares, and released restricted stock); or who execute at least 30 stock or options trades during a calendar quarter in their E*TRADE Securities accounts.

    Fees:

    1. $15 monthly fee if the minimum balance requirement is not met
    2. $5 for each Coverdraft Protection transfer
    3. $10 for each Bank Check request
    4. $8.75 for each standard check reorder, waived for customers who maintain a combined balance of $50,000 or more in linked E*TRADE Securities, E*TRADE Bank, and employee stock plan accounts (including vested in-the-money options, stock option plan shares, ESPP shares, and released restricted stock); or who execute at least 30 stock or options trades during a calendar quarter in their E*TRADE Securities accounts.
    5. $10 early closeout fee will be assessed if the account is closed out within the first 120 days
    6. See “Additional Fees Applicable To All Accounts” for other fees that may apply

    Additional features:

    1. Unlimited domestic ATM fee refunds, regardless of account balance
    2. Free unlimited online bill pay
    3. Unlimited Debit card and check transactions
    4. Free initial checkbook
    ————
    As you can see, it’s not $1 to open, but $100, and you get screwed by fees unless you “maintain an average monthly balance of $5,000,” or set up direct deposit, etc. Please change this announcement Bankaholic friend, as it’s now officially part of a bait-and-switch scheme.

  21. EJ said:
    on June 19th at 05:08 am

    @chris:

    You’ve just posted details for the Max-Rate checking, not savings account.

    This account still has no minimums and no fees. You’re looking at the wrong thing. Click the link in the story again.

  22. chris said:
    on June 19th at 01:20 pm

    You are correct, EJ. BUT, the come-on says this: “ETRADE has launched a FREE $25 bonus offer for their 3.15% APY Max Rate Savings Account.” So I went through the sign-up process and got to the screen where one selects which account and there is no “Max Rate Savings Account” listed, only Max Rate Checking and, under “Savings Accounts,” something called “Complete Savings” (NOT “Max Rate Savings”). Confused (it was late at night), I selected “Max Rate Savings,” thinking it was a savings/checking account variant. Then I read the fine print and posted the above comment. Yeah, call me stupid perhaps, but E-trade could simply write more clearly (i.e., label the account choice by the way it is advertised: “Max Rate Savings”).

  23. chris said:
    on June 19th at 01:22 pm

    — Meant to say that I selected “Max Rate Checking” (not “Max Rate Savings”). Again, though, it’s needlessly confusing.

  24. BJ said:
    on June 19th at 10:43 pm

    Opened complete savings account last week using this promotion. Called today about my $25.00 bonus because it hasn’t been posted to my account yet. Customer service guy has never heard of the promotion. I emailed him the link but I doubt I’ll ever get the bonus. Ohhhh well….

  25. shraz said:
    on June 21st at 12:06 am

    just use the online customer service it works better.

  26. TR said:
    on June 25th at 02:13 pm

    Any one not get the free 25 then email customer service and they say you don’t qualify?

  27. TR said:
    on June 26th at 05:13 pm

    They told me after opening my account the offer ended may 31

  28. C Calvin said:
    on June 27th at 02:50 am

    Offer ended 6/25/08

  29. CD Rates said:
    on August 16th at 10:40 am

    You won’t get the $25 but the rate is now 3.30%