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 are eligible for this limited-time offer, not 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.

How do I qualify?

To earn the cash reward, you have to:

  • Sign up for Robinhood Gold between August 26, 2024 and September 10, 2024
  • Make a single successful deposit of at least $2,000 into your Robinhood non-retirement investing account via ACH or instant bank transfer within seven days of signing up for Gold
  • Maintain your Robinhood Gold subscription for 30 days after you subscribe

When will I get my reward?

If you're eligible for a cash reward, it’ll be delivered to your account within 24 hours of settlement of your deposit.

Taxes

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 rewards (e.g., stock reward funds) are valued at less than $600.

As with all tax forms, you can 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, please consult with a tax professional.

Terms and conditions

The Robinhood Gold, LLC (Robinhood) 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) sign up for Robinhood Gold between August 26, 2024 at 12:01 AM PT September 10, 2024 at 11:59 PM PT (3) make a single successful deposit of at least $2,000 (the “Deposit Amount”) from an external deposit account via ACH or instant bank transfer into their Robinhood non-retirement investing account within seven (7) days of signing up for Robinhood Gold and (4) maintain a Robinhood Gold subscription for 30 days after they subscribe. 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 the Deposit Amount to their Robinhood non-retirement investing account within seven (7) days of subscribing to Robinhood Gold will receive a cash reward, the amount of which will be calculated based on the Robinhood communication to the customer.

Cash Reward. The cash value of the reward cannot be withdrawn from the customer’s Robinhood account for 30 days after the reward is received. 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 in an amount equaling or exceeding the Deposit Amount. 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.

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 receiving the cash reward or cancel Gold within 30 days of subscribing to Gold 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 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.

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

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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.