This offer is exclusively available to direct recipients of the promotion from Robinhood Financial LLC who see the corresponding promotional screen in their Robinhood account. It is not open to the general public and applies only to non-retirement individual and joint investing accounts.

To earn the cash reward as shown in the promotional offer, you must cancel the withdrawal or transfer you initiated at the time you receive this promotion.

If you're eligible for a cash reward, it will be deposited shortly after you cancel the relevant withdrawal or transfer.

To retain the cash reward, your net deposits (deposits minus withdrawals) in your Robinhood non-retirement investing account must remain at or above $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 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 on 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.

You can download a consolidated 1099 form, including the 1099-MISC, starting in mid-February each year. For questions about your specific tax situation, consult a 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 in-app communication about the offer; and (2) cancel the withdrawal or transfer contemplated 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 the withdrawal contemplated at the time of receipt of 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 cancellation of the withdrawal.

Declining the Offer: This Offer is only valid while the in-app offer communication is displayed to you. Tapping “Continue with Transfer,” the exit button, or any other declining language or images displayed in the Robinhood app at the time the Offer is displayed to you will constitute a declination of the Offer. Force quitting the Robinhood app while the Offer is displayed to you 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.

Net Deposits: Customers 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 your Robinhood non-retirement, individual or joint investing account over the 90-day period following your receipt of the Cash Reward. As long as your Net Deposits equal or exceed $0 for the 90 days following your receipt of the Cash Reward, you will retain the Cash Reward. If your 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: (i) standard bank account withdrawals (originated ACH) (ii) instant transfers (iii) ACATs out (iv) wire transfers out (v) debit card funding (vi) assisted withdrawals.

Limitations: Limit one 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.