JP Morgan Bonus

JP Morgan is offering a $50-$700 bonus for new Self-Directed Investing accounts. Read on to learn the details.

J.P. Morgan Wealth Management is giving out a tiered bonus for opening a new Self-Directed Investing Account. But what's the catch? How do you actually earn the bonus?

In this guide, learn the J.P. Morgan bonuses available, including steps for earning the bonus.

J.P. Morgan is offering an up to $700 bonus for their Self-Directed Investing accounts. This product gives you unlimited commission-free online trades for stock, ETFs, options, and mutual funds.

This bonus is tiered, depending on the amount you deposit in the account. Here are the bonus tiers:

• $50 bonus when you fund with $5,000-$24,999
  
• $150 bonus when you fund with $25,000-$99,999
  
• $325 bonus when you fund with $100,000-$249,999
  
• $700 bonus when you fund with $250,000+

You must fund your account with new money within 45 days of opening an account. You will only receive the bonus if you can maintain the deposited amount in your account for 90 days from coupon enrollment.

How to Earn the Bonus

Here are the steps you need to take to earn the bonus:

1. Open an Account
   Open a J.P. Morgan Self-Directed Investing account here through this link. This will automatically apply the coupon code so you're credited the bonus.
   You can open a General Investment account, Traditional IRA, or Roth IRA. Keep reading to learn the differences among these 3 account types.

2. Fund Your Account
   You must fund your account with at least $5,000 of new money within 45 days of coupon enrollment date. The bonus tier will be determined at day 45.

   You can fund your account by transferring cash, securities, or retirement assets from another institution. But you cannot transfer assets from J.P. Morgan Chase & Co. and its affiliates. If you do, you won't be eligible to receive the bonus.

3. Maintain Funds
   Finally, you must maintain the new money balance in your account for 90 days after the enrollment. Losses due to investments will not be taken into account.

4. Receive your bonus
   Your cash bonus will be deposited to your account within 15 days after these requirements are met. The bonus amount will depend on the tiers stated above.

Fine Print

• You can only participate in one J.P. Morgan Self-Directed Investing new money bonus in a 12 month period from the last bonus coupon enrollment date.
  
• Coupon is good for one time use. Only one bonus per account.
  
• The enrolled account must not be closed or restricted at the time of bonus payout.
  
• The value of the cash bonus may be considered income, and you're responsible for any applicable taxes.

What Accounts are Eligible

These J.P. Morgan Self-Directed Investing accounts are eligible for the bonus:

1. General Investment
   This offers flexible investing and has no minimum balance requirement. This account is for you if you want the flexibility of withdrawing your money any time without penalties.

2. Traditional IRA
   This retirement account offers tax-deductible contributions. But you still need to pay tax once you withdraw your money. This is for you if you think your tax rate will be lower when you retire.

3. Roth IRA
   You contribute with post-tax dollars, but you don't need to pay federal tax on qualified withdrawals. Choose this account if you think your tax rate will be the same or higher when you retire.

There is no monthly fee for J.P. Morgan Self-Directed Investing accounts. You get unlimited, zero-commission online stock, ETF, and options trades.^[1]

Is J.P. Morgan Self-Directed Investing Worth It?

J.P. Morgan Self-Directed Investing is good if you're looking for a simple, no-frills investing platform with a reputable institution.

It offers commission-free trades & no balance minimums. You get access to thousands of investment assets, including stocks, mutual funds, ETFs, and options. You can trade fractional shares for as little as $5, regardless of the share price.

It also offers personalized news, watchlists, screeners, and a portfolio builder. It helps you determine your asset allocation depending on your goals and risk tolerance. This is helpful when comparing and selecting assets to invest in.

The J.P. Morgan Self-Directed Investing account is also seamlessly integrated into the Chase mobile app. You can view all your Chase accounts in one place.

Bottom Line

The J.P. Morgan Bonus ranges from $50 to $700 depending on the amount you deposited in your J.P. Morgan Self-Directed Investing account. The higher the deposit amount, the higher the bonus.

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