New ShareBuilder $25 Promo Code

This is just a quick note to say that ShareBuilder has a new $25 promo code for new account signups. To qualify for the bonus, simply use the following promo code when opening an account with a minimum $25 initial deposit: 25WOFA. Your bonus will be added to your account within 4-6 weeks.

If you’re not familiar with ShareBuilder, they’re an online discount broker that is backed by ING Direct. They have no account minimum (aside from the $25 required to get the bonus), no inactivity fees, and they charge $4/trade for automatic, scheduled investments.

One nice thing about ShareBuilder is that you can invest flat dollar amounts instead of buying a set number of shares. This ability to handle fractional shares makes ShareBuilder a good option for people who want to make automatic stock investments of a set dollar amount instead of buying a set number of shares.

The fine print:

…offer is available for Individual, Joint and Custodial accounts only. Offer not valid for IRAs or ESAs. The $25 bonus from ShareBuilder is not available for withdrawal for 90 days after it is awarded to your account. This offer is not valid with any other offers and is non-transferrable. Limit one ShareBuilder account bonus per unique customer or custodial beneficiary. ShareBuilder reserves the right to terminate this offer at any time and to refuse or recover any promotion award if ShareBuilder determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms or ShareBuilder’s Account Agreement has been violated. Offer expires 6/30/10.

10 Responses to “New ShareBuilder $25 Promo Code”

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  7. Anonymous

    Just a quick little note of clarification. You said they do not have inactivity fees. Technically, if you open a Roth IRA, they do charge a $25/year administrative fee. BUT, it is waived if you are enrolled in one of their investment plan options during the month the administrative fee would be imposed. So, if you are inactive during your investments during that month, it could be thought of as an inactivity fee. Kinda sorta.

    Just something to think about if you are planning on opening a Roth.

    Personally, I do like Sharebuilder though, for the same reason you mentioned: investing a dollar amount, not purchasing a set number of shares.

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