Rollover investment into company A for cash bonus and then rollback later to original company B?

[jchristen3]

Hi everyone,

I recently received an email from my bank (company A) that they would give me a cash bonus if I rollover my investments into their investment account. After fulfilling the requirements for the cash bonus, can I just simply rollover back into my original investment account (company B) if I don't like company A investment account?

Also, would doing this affect my credit score?

Any advice/guidance on this is much appreciated.

 

[jasonvr]

@jchristen3 You could roll it over back into your new employer sponsored plan. Check with them to see if they will take the funds. Most likely yea.

 

[finian]

@jchristen3 Is the cash back enough to make it really worth the effort.

 

[tandrew777]

@finian Just twisting this thought— is the cash bonus worth risking sitting out the market for days in between rolling overs?