Only direct recipients of this promotion from Robinhood Financial LLC who have the correlated promotional screen in their Robinhood account, are eligible for this offer. The offer is not available to the general public. This offer is only available in non-retirement, individual and joint investing accounts at Robinhood.

To earn the cash reward as shown in the promotional offer, you must increase your ACH deposit by the amount presented to you at the time you receive this promotion.

If you're eligible for a cash reward, we will deposit your cash reward shortly after making an additional deposit amount that’s shown in the promotional offer.

Your eligibility to retain the cash reward is contingent on whether your net deposits (deposits minus withdrawals) in your Robinhood non-retirement, investing account equal or exceed $0. As long as your net deposits equal or exceed $0 for the 90 days after your receipt of the cash reward, you will retain the cash reward. If your net deposits from your Robinhood non-retirement individual investing account drop below $0, Robinhood may charge back the value of the cash reward.

The funds you receive through the cash reward promotion will be reported as miscellaneous income in your 1099-MISC form. Because of IRS minimum earnings requirements, you may not receive a 1099-MISC form if your cash reward and any other funds (e.g., stock reward funds) are valued at less than $600.

As with all tax forms, you’ll be able to download a consolidated 1099 form (which includes the 1099-MISC) starting in mid-February of every year. If you have questions about your specific tax situation, consult with your tax professional.

The Robinhood Financial LLC cash reward offer (“Offer”) is subject to these terms and conditions.

Eligibility: The Robinhood cash reward offer is valid only for customers who: (1) directly receive an in-app communication about the Offer; and (2) increase their ACH deposit by the amount displayed to them at the time of receipt of the Offer. This Offer is not available to the general public. Robinhood may decline requests to enroll in the offer at its discretion.

Offer: Customers who meet the eligibility criteria of this Offer and increase their ACH deposit by the amount displayed in the Offer will receive a cash reward in an amount that is displayed to them in the app at the time of the Offer (the “Cash Reward”). Robinhood will deposit the Cash Reward within 24 hours of the additional deposit.

Declining the Offer: This Offer is only valid while the in-app offer communication is displayed to the customer. Selecting the Keep Original Transfer, No Thanks button, or any other declining language or images displayed in the Robinhood app at the time the Offer is displayed will constitute a declination of the Offer. Force quitting the Robinhood app while the Offer is displayed will also constitute a declination of the Offer.

Cash Reward: The cash value of the Cash Reward cannot be withdrawn from the customer’s Robinhood account for 90 days after the Cash Reward is provided. The Cash Reward may be delayed, declined, or rescinded in Robinhood’s sole discretion if, for example, Robinhood determines that there may be circumstances indicating fraud or a violation of these terms.

Qualifying Deposits: This Offer is only available for deposits made via ACH.

Net Deposits: Customers who accept this Offer must maintain “Net Deposits” greater than or equal to $0 for the 90 days following receipt of the Cash Reward in order to retain the Cash Reward. Net Deposits is defined as the deposits minus withdrawals from a customer’s Robinhood non-retirement, individual or joint investing account over the 90-day period following their receipt of the Cash Reward. As long as the customer’s Net Deposits equal or exceed $0 for the 90 days following their receipt of the Cash Reward, the customer will retain the Cash Reward. If a customer’s Net Deposits drop below $0, Robinhood may charge back the value of the Cash Reward.

Withdrawals: The following activities constitute a withdrawal for purposes of calculating Net Deposits: (1) standard bank account withdrawals (originated ACH); (2) instant transfers; (3) ACATs out; (4) wire transfers out; (5) debit card funding; or (6) assisted withdrawals.

Limitation: Limit 1 offer per qualified funding of the account, with a maximum of one account per customer. Customers who close their account within 90 days of receiving the Cash Reward will forfeit the Cash Reward. Robinhood reserves the right to change or restrict the Offer terms, or terminate the Offer, at any time without notice. This Offer is valid even if other Robinhood offers have already been accepted. The Offer is not transferable, saleable, or valid in conjunction with certain other offers, and is available to US residents only. Employees, contractors, or persons similarly associated with Robinhood or a Robinhood affiliate; members of their household; registered representatives of broker-dealers, employees of any securities regulatory organization or exchange; and employees of any market maker are not eligible. Other restrictions may apply. Participation in this promotion does not constitute a solicitation of a security or a recommendation to buy, sell, or hold any given security. Robinhood does not provide investment advice and does not hereby recommend any security or transaction. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.

Taxes: Consult with your tax advisor about the appropriate tax treatment for this Offer and any tax implications associated with receipt of a Cash Reward before enrolling. For taxable accounts, the value of all Robinhood offers received may be reported as “Other Income” on a Form 1099-MISC where required by applicable rules and regulations. Robinhood does not take responsibility for any tax related to this Cash Reward.

Securities trading offered through Robinhood Financial LLC (member SIPC), a registered broker-dealer, and a subsidiary of Robinhood Markets, Inc.