BBAE 1% Bonus Offer – Terms and Conditions

BBAE 1% Bonus Offer – Terms and Conditions

Welcome to the BBAE 1% Bonus Offer! We are thrilled to introduce this game-changing opportunity to eligible BBAE account holders. By transferring your assets (cash or securities) to BBAE, you’ll not only gain access to our exclusive investing insights, cutting-edge analytics, and curated portfolios but also receive an extra 1% bonus deposited directly into your account.

At BBAE, we are committed to empowering our customers with the tools and resources needed to make smarter investment decisions. Our BBAE 1% Bonus program is designed to give your investments a boost while providing you with personalized support and exclusive investing insights.

Now, let’s dive into the Terms and Conditions of the BBAE 1% Bonus program.

Terms and Conditions

Eligibility:

1. The 1% bonus offer, “BBAE 1% Bonus” is exclusively available to customers legally residing within the United States.
2. To be considered an “Eligible BBAE Customer,” individuals must complete a transfer of funds or securities into their BBAE account within the specified offer period, as confirmed in . Eligible transfers include those executed using the Automated Customer Account Transfer Service (“ACATS”) or through a direct cash deposit.
3. Existing BBAE customers are eligible for the BBAE 1% Bonus offer provided their accounts have been funded with total deposits not exceeding $10,000 prior to the initiation of the transfer or cash deposit that qualifies for this offer. The $10,000 threshold is inclusive of the total cumulative deposits made into the account from the time of its opening. This encompasses all forms of credited funds, including but not limited to deposits, transfers, and any other credited payments.

Offer:

Eligible BBAE Customers who complete an ACATS transfer with a net transferred asset value exceeding $5,000 or make a direct cash deposit greater than $5,000 within the 3-month program period will receive a bonus. This bonus equals 1% of the net transferred asset value, up to a maximum bonus value of $10,000 per account, and will be credited to the customer’s BBAE Brokerage Account, subject to a two-year earn-out period as outlined below.

“Net transferred asset value” refers to the aggregate value of all successfully initiated ACATS transfers and cash deposits, minus any financial outflows from the account, measured from the initiation of the first eligible transfer or deposit until the end of the 90 day program period. The bonus will be distributed approximately two days after the eligible transfers or deposits have been verified and fully settled.

The offer is only applicable to transfers and deposits initiated within the 90 day program period. BBAE reserves the right to modify the program period or its terms at any time without notice.

Limitations:

If a customer withdraws funds from their Brokerage Account during the 2-year period following the receipt of a BBAE 1% Bonus and the account value drops below the net transferred asset value, BBAE will reclaim a proportional amount of the Bonus. This chargeback is in addition to any ACATS out fees and will be deducted from the customer’s available cash balance if sufficient funds exist. Should the Brokerage Account lack enough cash to cover the chargeback, the amount may be charged to the customer’s external financial institution or added to a margin balance when applicable. Withdrawals encompass various transactions, such as wire transfers, originated and non-originated ACH transfers, and ACATS, but do not include investing in securities within the Brokerage Account, like purchasing stocks.

Should BBAE suspect fraudulent activity or a violation of these Terms in relation to the Bonus, it retains the full discretion to withhold the Bonus or to retract or liquidate the Bonus, any associated securities, or any proceeds derived therefrom. The Bonus will be credited to the customer’s Brokerage Account approximately two days after the conditions of the Offer have been met, although this timeframe may extend at BBAE’s discretion if there are indications of potential fraud or Terms violations.

The Bonus is calculated as 1% of the net transferred asset value based on the national market system’s closing price for each transferred position on the trading day before settlement. Settlement is considered complete when the securities are recorded in the account and are available for trading. Note that the Bonus only applies to securities that are successfully transferred and settled; securities that are rejected will not qualify for the Bonus.

Tax Implications:

The BBAE 1% Bonus may be subject to taxes. Customers are solely responsible for reporting and paying any applicable taxes on the received bonus. BBAE does not provide tax advice, and customers should consult with a qualified tax professional regarding their specific tax situation.

Ineligible Transfers:

Internal transfers between BBAE accounts or transfers resulting from other BBAE promotions are not eligible for the BBAE 1% Bonus.

Account Restrictions:

The BBAE 1% Bonus is only available for individual and joint brokerage accounts. Custodial accounts, trust accounts, and accounts with trading restrictions may not be eligible for the bonus. BBAE reserves the right to determine the eligibility of any account for the bonus.

Termination or Modification of the Offer:

BBAE reserves the right to terminate, extend, or modify the BBAE 1% Bonus offer at any time without prior notice, at its sole discretion.

Contact Information:

For questions or issues related to the BBAE 1% Bonus, please contact BBAE customer support at support@bbae.com or call 1-800-950-5266.

Disclaimer:

The BBAE 1% Bonus program is not a recommendation or solicitation to buy or sell securities. Customers should make their own investment decisions based on their financial goals and risk tolerance. BBAE does not provide investment, legal, or tax advice. Customers should consult with qualified professionals for personalized advice. The BBAE website and the accompanying BBAE mobile app, collectively referred to as “the BBAE Platform”, are managed and operated by BBAE Holdings LLC. Redbridge Securities LLC, a firm registered with the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), is the sole provider of all securities and investment opportunities on the BBAE Platform exclusively on a self-directed basis. Check Redbridge Securities on FINRA’s BrokerCheck here.

Interpretation of Terms and Conditions:

BBAE Holdings LLC, “BBAE”, has the final right to interpret these Terms and Conditions. In the event of any ambiguity or dispute regarding the interpretation of these terms, BBAE’s interpretation shall prevail.