SELECT consumers can get thousands of dollars this winter for free from a popular financial services company.
The bonus money comes as part of a unique promotion that won’t be around for long, so those interested must act before it’s too late.
It’s not atypical for banks to offer Americans a cash reward for activating a new checking account or credit card.
Except, some may not know that this can also be the case for investment accounts, and Webull Financial has a potential bonus of $40,000.
While it may sound unbelievable, it really is true, but there’s a catch.
Those new Webull customers who open a brokerage account by December 31, 2025, and make a deposit or transfer of funds will qualify for a 2% Match Bonus.
AMOUNTS WILL VARY
Given that detail, not just any amount will qualify for the $40,000 match.
A minimum deposit for the promotional offer is set at $2,000, but at least $10,000 would earn a consumer $200 in bonus cash.
The scale gradually increases from there, with $25,000 making way for a $500 bonus, and $100,000 just a $2,000 bonus.
It isn’t until a $1 million transfer or deposit that the award cracks five figures at $20,000.
So, to get the $40,000, a deposit or transfer of $2 million is needed.
Additionally, the money doesn’t come in the form of a one-time check.
“The match bonus will be credited to Eligible Customer’s Webull Brokerage Account automatically in 12 equal monthly installments,” according to the financial services company’s website.
Additionally, the first installment of the reward (which would be a maximum of around $3,333) hits customers’ account after 35 days of the offer period ending.
Given that the deadline is set for December 31, qualifying Webull customers wouldn’t see the first bit of money until around February 4, 2026.
The last and arguably most crucial criteria for the Match Bonus is that new account holders must maintain their Net Qualifying Funding for an entire year to get the full amount that coincides with their deposit or transfer.
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