Webull is giving new customers 10 free fractional shares for making an initial deposit of $100 or more, plus a free month of Webull Premium and a boosted rate on cash.
| Bonus: | 10 free fractional shares, plus one month of Webull Premium. |
| Requirements: | Open an account and make an initial deposit of $100 or more. |
| Cash rate: | Up to 5.0% APY for 30 days on up to $10,000. |
| Is a promo code needed? | No, but you must sign up through an invitation link. |
| Last verified | September 2026. |
How to Claim the 10 Free Shares
- Open a Webull account through an invitation link. There is no minimum to open one.
- Make an initial deposit of $100 or more.
- Open the My Rewards section in the app to claim your shares.
Individual Cash and Margin accounts qualify. Joint, futures, IRA, advisor, entity and event contract accounts are excluded from this promotion.
What the Free Shares Are Worth
Webull draws the giveaway from U.S. companies listed on the NYSE or Nasdaq with a market capitalization of at least $2.5 billion, so the shares come from recognizable names rather than penny stocks. Webull doesn’t publish the odds of landing a high-value share, and says the value and number of free stocks vary by promotion.
A few rules worth knowing:
- You have 30 days to claim the shares before the offer expires.
- Once awarded, they land in your account within five business days.
- You can hold them or sell them, and the proceeds can buy other investments or be withdrawn.
- If a stock goes through a corporate action such as a reverse split, Webull pays cash instead within 10 business days.
The 5% APY on Cash, Explained
The headline 5.0% APY is two pieces stacked: the 3.60% rate Webull pays Premium members on cash, plus a promotional 1.4% booster.
A deposit as small as $0.01 activates the booster, and opening an account earns you a free month of Premium. The booster runs for 30 days on up to $10,000 of eligible cash, and you have to claim the booster card in My Rewards within 30 days of it being issued. After the free month, Premium becomes a paid subscription, and the standard rate on cash drops to 0.5%.
Premium covers more than the cash rate. It raises the IRA contribution match from 1% to 3.5%, adds a 1% match on IRA transfers, cuts margin rates from 8.74% to as low as 3.9%, and drops the $2.99 monthly fees for Level 2 and OPRA data.
Other Webull Offers Running Now
- Transfer reimbursement up to $175. Webull covers up to $100 in fees on your first brokerage transfer of $2,000 or more, and up to $75 on an IRA transfer.
- IRA match. Premium members get a 3.5% match on IRA contributions, and for a limited time a 1% match on IRA transfers and rollovers.
- Referrals. Once you’re in, each friend who deposits $100 or more earns you 20 fractional shares, up to 10 friends.
What Happened to the 4% Match?
Earlier in 2026, Webull ran a deposit and transfer match worth 3% on $2,000 to $99,999 and 4% on $100,000 or more, paid out in six installments through 2031. That promotion’s offer period ran from January 1 to March 31, 2026, and it has ended. Deposits made now don’t qualify for it.
My Take
This is a low-effort offer. A $100 deposit is a small ask, the shares are yours to sell whenever you like, and nothing locks your money up.
Just keep the size in perspective. Ten fractional shares is a modest reward, and the 5% rate is promotional: the 1.4% booster runs 30 days on up to $10,000, which works out to about $12 of extra interest at the cap. After the free month, Premium costs money and the standard rate on cash is 0.5%, so set a reminder to decide whether to keep it.
Webull is a fully registered U.S. brokerage with standard SIPC protection up to $500,000, though it is Chinese-owned. That doesn’t make the offer any less real, but the ownership structure and those SIPC limits matter more as balances grow, so I’d be cautious about moving a large portfolio there.
If you want a bigger payout for the same effort, compare it against the best brokerage bonuses available first.
