Robinhood Gold Boosted APY
Only direct recipients of the original promotional offer from Robinhood are eligible for this limited-time offer. The offer is not available to the general public. This offer is only available in non-retirement investing accounts at Robinhood. Only Robinhood customers who aren’t currently signed up for Robinhood Gold and were not subscribed to Gold at any time from June 27, 2024 at 12:00 AM PT to August 25, 2024 at 11:59 PM PT are eligible for this limited-time offer.
To earn the boosted APY, you have to:
Any uninvested cash in your account will then automatically earn a 0.50% boost on top of the standard Gold APY rate as a special offer for the 60 days.
On the 61st day after your qualifying deposit settles, you will receive 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 could be temporarily paused due to market conditions. If your boosted rate is paused, you’ll temporarily receive the standard Gold APY rate until the boost resumes, and you’ll complete the remaining days until you reach 60 days total.
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 can download a consolidated 1099 form (which includes the 1099-INT) starting in mid-February of every year. If you have questions about your specific tax situation, please consult with a tax professional.
Robinhood Gold, LLC (Robinhood) boosted APY offer is subject to these terms and conditions.
Eligibility: The Robinhood Gold Boosted APY is valid only for customers who (i) directly receive an email or in-app communication about the offer (ii) sign up for Robinhood Gold between August 26, 2024 at 12:01 AM PT and September 10, 2024 at 11:59 PM PT (iii) make a single successful deposit of at least $2,000 from an external deposit account via ACH or instant bank deposit into their Robinhood non-retirement investing account within seven (7) days of signing up for Robinhood Gold (iv) have an active Robinhood Gold subscription and (vi) are enrolled in the Cash Sweep Program. This Offer is only available to Robinhood customers who aren’t currently signed up for Robinhood Gold and were not subscribed to Gold from June 27, 2024 at 12:00 AM PT through August 25, 2024 at 11:59 PT. 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 non-retirement investing account within seven (7) days of subscribing to Robinhood Gold will receive a 0.50% boost on top of the standard Gold APY rate as a special offer for 60 days. 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. 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.
Qualifying Deposits. A qualifying deposit must be a single ACH or instant bank deposit 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. Timing of Boost: In most cases, the deposit boost will immediately apply upon initiation of a deposit. In some cases, the boosted APY may take up to 24 hours to show up in your account.
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 "Other 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 offered through Robinhood Gold, LLC and is a subscription offering premium services available for a fee.