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If my deposit account is new and/or I make a large deposit to meet the balance requirement, do I have to wait before I can get commission-free online equity trades?

April 26, 2017account Balance commission-free deposit large meet requirement wait

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If my deposit account is new and/or I make a large deposit to meet the balance requirement, do I have to wait before I can get commission-free online equity trades?

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Yes, but not for long. Your Banc of America Online Investing, Powered by Merrill Lynch Self-Directed Brokerage account would become eligible for commission-free online equity trades on the next business day after your deposit is credited to your Bank of America, N.A. deposit account.