Robinhood Gold cash reward | Robinhood

Robinhood Gold cash reward

Who's eligible for the cash reward?

Only direct recipients of the original promotional offer from Robinhood Gold, LLC (Robinhood) are eligible for this limited-time offer. The offer is not available to the general public. This offer is only available in Robinhood taxable individual or joint investing brokerage accounts of qualified Robinhood customers who are subscribed to Robinhood Gold.

How do I qualify?

To earn the cash reward as shown in the promotional offer, you must be a Robinhood Gold subscriber. As a Robinhood Gold subscriber, you must make a single successful deposit of at least $2,000 between October 4, 2024 at 12 AM PT and October 18, 2024 at 11:59 PM PT. Additionally, you must maintain your Robinhood Gold subscription through October 21, 2024.

When will I get my reward?

If you're eligible for a cash reward, it will be delivered to your account by October 25, 2024. We'll send you a notification when you can claim your cash!

Your cash reward will expire if it isn’t claimed within 30 days. After you claim it, you can use it to invest right away, but you can't withdraw it from your account for an additional 30 days.

Taxes

The cash reward you receive through this promotion will be reported as Other 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 a tax professional.

Terms and conditions

The Robinhood Gold cash reward offer is subject to these terms and conditions.

Eligibility: The Robinhood cash reward offer is valid only for customers who: (1) directly receive an email, push, or in-app communication about the offer; (2) as a Robinhood Gold subscriber, make a single successful deposit of at least $2,000 from an external deposit account into their Robinhood taxable individual or joint investing brokerage account between October 4, 2024 at 12 AM PT and October 18, 2024 at 11:59 PM PT; and (3) maintain a Robinhood Gold subscription through October 21, 2024. 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 make a single successful deposit of at least $2,000 to their Robinhood taxable individual or joint investing brokerage account between October 4, 2024 at 12 AM PT and October 18, 2024 at 11:59 PM PT will receive a cash reward. The cash reward, calculated based on the Robinhood communication to the customer, will be available for the customer to claim on October 25, 2024.

Cash reward: The cash reward must be explicitly claimed by the customer. If the cash reward is not claimed within 30 days of the date it was received, the reward will expire. The cash value of the reward cannot be withdrawn from the customer’s Robinhood account for an additional 30 days after the reward is claimed. 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: A qualifying deposit must be a single deposit from an external account in an amount equaling or exceeding $2,000. Multiple deposits cannot be combined to satisfy the terms of this offer. Deposits into retirement, cryptocurrency, spending or any other types of Robinhood accounts not designated in this offer are not eligible deposits for purposes of this offer. Deposits from retirement, cryptocurrency, spending, or any other type of Robinhood account and transfers between joint and individual brokerage accounts are not eligible deposits for purposes of this offer.

Limitations: Limit one offer per qualified funding of the account, with a maximum of one account per customer. Customers who close their account within 30 days of claiming 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 U.S. 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 doesn’t take responsibility for any tax related to this cash reward.

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All investing involves risk and a loss of principal is possible.

Robinhood U.K. Ltd (Robinhood UK) is authorised and regulated by the Financial Conduct Authority (FRN: 823590). Robinhood UK onboards UK customers and has the lead customer relationship with UK customers in relation to their use of the Robinhood UK app and website. Robinhood UK introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the U.S. by the SEC and FINRA. Robinhood UK and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.

Robinhood U.K. Ltd is a private limited company registered in England and Wales (09908051).

Robinhood does not provide investment advice. Individual investors should make their own decisions.

Commission-free trading of stocks refers to $0 commissions for Robinhood self-directed individual brokerage accounts that trade U.S. listed securities and ADRs. Keep in mind, other costs such as regulatory fees may apply to your brokerage account. Please see Robinhood UK’s Fee Schedule to learn more.

UK Privacy policy

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.