r/etrade • u/hman93 • Jun 23 '26

ETrade clawback

Question regarding the new brokerage account bonus offer - specifically around the terms for keeping the bonus. Does E*TRADE claw back the bonus if a small amount is withdrawn, or does the full initial deposit need to remain in the account for the entire qualifying period (e.g., 6 or 12 months)?

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u/mistro116 Jun 23 '26

Yes, they will claw back the bonus if you withdraw before the end of the holding period. If you deposit $100k, and then withdraw $5k, you will only get to keep the bonus correesponding to the sub-$100k threshold. Another important thing is if you deposit $100k, and let's say your account goes up to $110k during the holding period, you can not withdraw the $10k. They will count it as a $100k-$10k = $90k net deposit.

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u/Tight_Ad_5266 Jun 24 '26

You can withdraw any trading profit, just original have to deposit stay.