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Thinking of dabbling in the world of options trading? Tastytrade (formerly Tastyworks) is offering a tiered bonus for new and existing customers who open or fund a non-IRA account. Depending on how much you deposit, you could score anywhere from $100 to a whopping $5,000!
Here's the breakdown: deposit $5,000 for a $100 bonus, $25,000 for $500, $100,000 for $2,000, $250,000 for $3,000, $500,000 for $4,000, or a cool $1,000,000 for a $5,000 bonus! Just remember to use the promo code MYNEWBONUS when you sign up. The catch? You need to maintain that deposit for at least twelve months. This offer has been around for a bit, with new tiers being added and extended, so it's worth considering if you're looking to make a big move.
Is this the right deal for you? Well, it depends. We've seen smaller bonus opportunities in the past, like $200 for a $2,000 deposit. So, if you're not ready to commit a large chunk of change, it might be worth waiting for a smaller, more accessible offer to pop up. But if you're already planning a significant investment with Tastytrade, this is a nice way to get some extra cash to play with.
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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