Tuesday, January 8, 2008

Sharebuilder $50 Free Offer

ING has started to market the Sharebuilder service that it acquired. This isn't terribly exciting new, but ING is currently offering a special deal where you can receive a $50 credit to your account by entering the code SHARE50 -- hey a free $50 is a free $50. As with any deal there is fine print. It looks as though you need to purchase a security and the credit will post within 4 weeks of the transaction.

For those of you not familiar with ShareBuilder, the company allows you to purchase fractional shares of securities. You can set up an automatic savings plan and have the company purchase $35 of stock each month and you will receive the applicable fraction of shares that the $35 will buy you at that time.

The company advertises that they have buy fees as low as $4, but that is for people who have an automatic savings plan set up. A full fee schedule can be found here.

Direct Link to Offer at ShareBuilder

Photo: goat_girl_photos @ Flickr