Bounty
Worth it?

E*Trade retirement accounts, existing clients bonus: is $40,000 worth it?

What it adds over what your cash earns now, tier by tier. Change the rate to yours.

+$40,000: more than leaving it at 4.15%

With $20,000,000 for 425 days, the tier that adds the most.

With the bonus4.32%
Leave it where it is4.15%

Yearly rate on $20,000,000 while it's there, bonus included.

Every tier

A smaller tier often wins: less cash away from what it earns now.

  • $25,000
    $250 bonus · 425 days
    +$250
  • $100,000
    $625 bonus · 425 days
    +$625
  • $200,000
    $1,000 bonus · 425 days
    +$1,000
  • $500,000
    $2,000 bonus · 425 days
    +$2,000
  • $1,000,000
    $5,000 bonus · 425 days
    +$5,000
  • $2,000,000
    $8,000 bonus · 425 days
    +$8,000
  • $5,000,000
    $15,000 bonus · 425 days
    +$15,000
  • $10,000,000
    $20,000 bonus · 425 days
    +$20,000
  • $15,000,000
    $30,000 bonus · 425 days
    +$30,000
  • $20,000,000Best for you
    $40,000 bonus · 425 days
    +$40,000

The math

Compared with leaving $20M at 4.15%

Bonus
+$40,000
Interest while it's there
4.15% for 425 days
+$966,438
What it'd earn at home
$20,000,000 at 4.15% for 425 days
−$966,438
Extra
+$40,000
Works out to 4.3% a year on that cash, vs 4.15% at home.

Deposit $20,000,000 in new money within 60 days · Keep $20,000,000 there until day 425. Terms checked Oct 10, 2026.

See every bonus ranked like this for you

About this bonus

What it takes

  1. 1Deposit $20,000,000 in new money within 60 days
  2. 2Keep $20,000,000 there until day 425
Ends
No end date listed
Where
Nationwide
Pays while it's there
4.15% a year
Monthly fee
None
Keep it open
At least 425 days, or the bonus can be taken back
Cash stays
About 425 days
Bonus paid
Usually within 10 days of finishing
Terms checked Oct 10, 2026The bank's offer pageFound via Doctor of Credit

Similar bonuses

The same kind of account, ranked by what each adds at 4.15%.

Questions

Is the E*Trade retirement accounts, existing clients bonus worth it?

At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $20,000,000 tier adds +$40,000: the $40,000 bonus plus $966,438 interest, minus the $966,438 that cash would have earned in 425 days. The $15,000,000 tier adds +$30,000. At a different rate the answer changes; the calculator on this page works it out for yours.

What are the requirements?

Deposit $20,000,000 in new money within 60 days; keep $20,000,000 there until day 425. Open nationwide.

When does it end?

No end date is listed. The terms were last checked Oct 10, 2026.