Replace 10/1/25: Prolonged by way of 11/30/25 as proven at this hyperlink

The Provide

New hyperlink | Direct Hyperlink to supply

• Kraken Securities is providing a 2% bonus to their Kraken+ members who switch shares or ETFs by way of ACATS switch by September 30, 2025.

The High quality Print

• The promotion interval begins on August twenty seventh, 2025 and ends on September thirtieth, 2025. Switch requests will need to have been initiated  throughout the promotion interval as a way to qualify.
• New York and Maine and Washington state residents are excluded

Our Verdict

Kraken is a crypto model, however in addition they have a securities arm they usually look like legitimately SIPC insured (brokercheck hyperlink – I discovered them). We’ve seen 2% bonus with a 5 12 months maintain (Robinhood) or a 2 12 months maintain (WeBull), however by no means with a low one-year maintain.

Far as I can inform this bonus is publicly obtainable to all, although it might be value confirming. The one catch I’m seeing is that the bonus is paid out in USDG crypto, however the Q&A says that the funds are “obtainable for buying and selling” so I’d assume you’ll have the ability to promote it instantly and purchase a inventory or ETF with the funds (?).

Right here’s how I’m excited about going forward with this deal:

• Undergo Topcashback when opening the Kraken account (or different choices, see this remark); others suggest utilizing a $75 referral hyperlink as a substitute. See additionally this remark for extra stacks. No referral requests/gives within the feedback under. 
• Buy Kraken+ for $49.99/12 months. I’d take the 30 day free trial after which do one paid 12 months. That method, throughout 10/1/26 after I develop into eligible for the bonus I’m a Kraken+ member.
• Switch over your shares/ETFs to Kraken by September 30, 2025. Minimal switch $5,000. No most. I’d restrict myself to $500,000 which is the SIPC insurance coverage restrict.
• (Get any switch charges reimbursed.)
• Get the two% bonus match in USDG on October 1, 2025.
• Instantly promote the USDG and purchase SGOV or VTI or no matter.
• Maintain your funds with Kraken till October 1, 2026 after which you may switch all the things out.

I need to stress that I’m not but personally snug with this given the crypto background right here and on condition that I haven’t but researched sufficient. I’m additionally involved about whether or not they’ll maintain the fee foundation throughout transfers (we’ve seen points on that with different brokerages). Please do your personal analysis and tell us your ideas within the feedback under. 

Readers notice within the feedback that Kraken doesn’t assist dividend reinvesting, so maintain that in thoughts if DRIPs is essential to you.

Hat tip to reader Manny

No referrals within the feedback under.