How to Maximize Your Brokerage Rewards
Strategies and tips for getting the most value from brokerage promotions. Learn about multi-account bonuses, timing, and optimization.
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Compare All Current Offers
Use our calculator to compare all available promotions based on your specific account types and balances. Don't just look at the headline rate - consider hold periods, payout schedules, and restrictions.
Consider Multi-Account Bonuses
Some promotions offer bonus multipliers when you open multiple account types (e.g., RRSP, TFSA, and non-registered). This can significantly increase your total reward.
Time Your Transfer Strategically
Consider tax implications, market conditions, and promotional deadlines. Avoid transferring during tax season if possible, and make sure you can meet all deadlines.
Understand Withdrawal Restrictions
Read the fine print about withdrawal limits. Some promotions allow small withdrawals (5-20%) without penalty, while others are stricter. Plan accordingly.
Maximize Transfer Amounts
If you have multiple accounts, consider consolidating them to reach higher bonus tiers. However, consider the tax and fee implications first.
Track Deadlines Carefully
Mark registration deadlines, transfer deadlines, and hold period end dates in your calendar. Missing a deadline can disqualify you from the bonus.