OptionsXpress $100 Bonus Ending

by Andy Hough on May 30, 2008 · 2 comments

For those of you who signed up for the OptionsXpress $100 bonus you need to make a trade by the end of the month to qualify for the bonus.  I’m showing that most of the people I’ve referred for this bonus haven’t completed the steps to qualify for the bonus. If you haven’t already signed up it is too late to do so now.  If you have already signed up and funded an account be sure to go ahead and make a transactions to get the $100 bonus. You’ve done most of the work, you just need to complete the last step to make sure you receive the bonus.

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1 Scott June 4, 2008 at 8:25 am

I don’t think this is quite accurate. They never stated that the one trade had to be made before May 30th, just that the accounted had to be funded with $500 minimum by that date. The trade just has to occur within the first six months to avoid them reversing the bonus. At any rate, they extended the date to June 30th now. From their referral promotion page at http://www.optionsxpress.com/welcome/tour/account/refer.aspx:

$100 in you and your friend’s account
Offer limited to one $100 bonus per referring and referred customer for each unique referral resulting in an activated, funded optionsXpress account with at least $500 in new funds or securities positions valued at $500 from a bank or brokerage account outside of optionsXpress into one new referred customer optionsXpressaccount. Deposits of new funds or securities from existing optionsXpress accounts are not eligible for this offer. Referred customer’s new account must be opened and new funds or securities must be deposited into this account prior to June 30, 2008. This offer is not valid for optionsXpress associates, non-U.S. residents, certain referring parties, and where otherwise prohibited. New funds or securities must remain in the referred customer’s new account (minus any trading losses) for a minimum of 6 months with at least one executed trade, or the credit to referred customer and referring customer may be surrendered in optionsXpress’ sole discretion. Referrals that qualify for $100 bonus apply to both the referring customer and the referred, and the $100 bonus will be delivered or made available within thirty days of the referred account’s first trade. Customers can not exchange the $100 for other offers, cash or credit. We reserve the right, at our sole discretion, to cancel, modify or suspend this offer program at any time without notice. IRAs, other tax-exempt, linked, or shared accounts may not be eligible to receive the $100 bonus offer.

2 Andy/Admin June 4, 2008 at 12:19 pm

Scott- You are correct. I misread the details of the offer before. I’ll include that info in a new post now that the offer has been extended.

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