Robinhood Gold boosted APY | Robinhood

Robinhood Gold boosted APY

Who's eligible for the boosted APY?

Only direct recipients of this promotion from Robinhood 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. Only qualified Robinhood customers who aren’t currently signed up for Robinhood Gold are eligible to participate in the offer.

To check if you're eligible for this promotion:

  1. Check your reward eligibility
  2. If you see the correlated promotional screen, you're eligible

How do I qualify?

In order to earn a 0.5% APY boost for 60 days, you must be a direct recipient of the original promotion, have the correlated promotional screen in your Robinhood account, sign up for Robinhood Gold, and maintain Robinhood Gold through the entire 60 day boost period. You must also be enrolled in the Cash Sweep Program to realize the benefits of this offer. Any uninvested cash in your account will then earn a 0.5% boost on top of the standard Gold APY rate for 60 days after you sign up.

What will happen after the 60 days of boost is over?

After you have received a total of 60 days of the boosted rate, you will begin receiving the standard Gold APY rate. The standard Gold APY rate as of Nov 15, 2024 is 4.25% APY.

The 60 days of boosted rate may not be consecutive, and the boost could be temporarily paused due to market conditions. If your boosted rate is paused, you will temporarily receive the standard Gold APY rate until the boost resumes, and then you will resume receiving the boosted rate until you have received the boosted rate for a total of 60 days. You will then begin receiving the standard Gold APY rate.

Taxes

The funds you receive through this offer will be reported as interest income in your 1099-INT form. Because of IRS minimum earnings requirements, you may not receive a 1099-INT form if your interest payments received during the calendar year are less than $10.

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

Terms and conditions

Robinhood Gold, LLC (Robinhood) boosted APY offer is subject to these terms and conditions.

Eligibility: The Robinhood Gold Boosted APY Offer (“Offer”) is valid only for customers who: (1) directly receive an email or in-app communication about the Offer; (2) have the correlated promotional in the rewards section of their Robinhood account; (3) successfully sign up for Robinhood Gold; and (4) enroll or are enrolled in the Cash Sweep Program. This Offer is not available to the general public. This Offer is only available in non-retirement investing accounts. Robinhood may decline requests to enroll in the Offer at its discretion.

Offer: Customers who meet the eligibility criteria of this Offer and sign up for Robinhood Gold will receive a 0.5% boost on top of the standard Gold APY rate for 60 days after they successfully sign up for Gold. After 60 days, the APY rate will revert back to the standard Gold APY rate which as of Nov 15, 2024 is 4.25% APY. The standard Gold APY rate is subject to change at any time without notice. Please note that the 60 days of boosted rate may not be consecutive, and the boost could be temporarily paused due to market conditions. If your boosted rate is paused, you will temporarily receive the standard Gold APY rate until the boost resumes, and then you will resume receiving the boosted rate until you have received the boosted rate for a total of 60 days. You will then begin receiving the standard Gold APY rate.

Maintenance of Gold: Customers who meet the terms of this Offer must maintain Robinhood Gold through the 60 day boost period. Customers who unsubscribe from Robinhood Gold will revert back to a non-gold APY rate of 0.01% APY.

Limitations: This offer 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. 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. 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 "Interest Income" on a Form 1099-INT 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. Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.

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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.