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Robinhood’s $100,000 Summer Giveaway Sweepstakes

Robinhood is giving away $500 to 200 winners. There are two ways to earn entries:

  1. Refer friends* who sign up by August 23, get approved and link their bank account by August 27. Each friend who does this earns you one entry, up to a max of 10. You must use your special referral link for this promotion to qualify!

  2. Sign up* by August 23, get approved, and link your bank account via this special promo link by August 27. This link can be found here. If you’ve signed up by August 23 but aren’t approved by then, you’ll remain eligible for entry if you get approved and link your bank account by August 27.

*No purchase or Robinhood account creation necessary. 50 U.S. (D.C), 18+. Rules for free method of entry, all requirements, odds & prize found below.

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Frequently Asked Questions:

What do I need to do to earn entries?

There are two ways to earn entries:

  1. Refer friends* who sign up by August 23, get approved and link their bank account by August 23. Each friend who does this earns you one entry, up to a max of 10. You must use your special referral link for this promotion to qualify!

  2. Sign up*, get approved, and link your bank account via this special promo link by August 23. This link can be found here. If you’ve signed up by August 23 but aren’t approved by then, you’ll remain eligible for entry if you get approved and link your bank account by August 27.

*No purchase or Robinhood account creation necessary. 50 U.S. (D.C), 18+. Rules for free method of entry, all requirements, odds & prize found below.

How do I find my referral link for this promotion?

On a mobile device, follow these steps:

  • Navigate to your Investing page
  • Tap on the Rewards icon or tab in the upper right-hand corner
  • Tap on Robinhood’s $100,000 Summer Giveaway promotion offer
  • Tap Invite contacts or Share link

Keep in mind: your friend must use this unique referral link in order for you both to qualify.

How do I link my bank account?

All information for linking your bank account can be found here.

When will I receive the cash reward?

The 200 winners will be notified by September 16. We will send winners an email and push notification to claim their reward!

If I signed up for a Robinhood account on the last day of the Sweepstakes, am I still eligible?

Yes, you can be! As long as you finish signing up and link your bank account by August 27, you’ll be entered into the sweepstakes according to our terms and conditions.

Do I have to claim the cash reward?

Yes! Once you receive your email and push, you will need to claim the cash reward. Keep in mind: if the reward isn’t claimed within 30 days of it being granted, it will expire.

Can I withdraw the cash immediately?

You can use your cash reward to invest right away, but the cash value can’t be withdrawn for 30 days after the reward is claimed.

Will I still get my gift stock for signing up or for referring friends?

Yes, this offer is separate from Robinhood Financial’s gift stock program. When you or your referral successfully signs up for Robinhood Financial and links their bank account, you will still receive gift stock.

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Terms & Conditions:

NO PURCHASE NECESSARY. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING.

1. Eligibility: $100K Summer Giveaway (the “Sweepstakes”) is open only to individuals who are legal residents of the fifty (50) United States and the District of Columbia and are at least eighteen (18) years old at the time of entry. The Sweepstakes is not available to entrants who are entering for commercial purposes. Employees, contractors, or persons similarly associated to Robinhood Financial LLC., Merkle Inc., and their parent and affiliate companies as well as the immediate family (spouse, parents, siblings and children) and household members of each such employee, registered representatives of broker-dealers, employees of any securities regulatory organization or exchange, and employees of any market maker are not eligible to enter or win a prize. The Sweepstakes is subject to all applicable federal, state, and local laws and regulations and is void where prohibited. Participation constitutes entrant’s full and unconditional agreement to these Official Rules. Sponsor’s and Administrator’s decisions are final and binding in all matters related to the Sweepstakes. Winning a prize is contingent upon fulfilling all requirements set forth herein.

2. Sponsor: Robinhood Financial LLC., 85 Willow Rd, Menlo Park, CA 94025. Administrator: Merkle Inc., 3000 Town Center, Suite 2100, Southfield, MI 48075.

3. Timing: The Sweepstakes begins on August 17, 2021 at 1:00 p.m. Pacific Time ("PT") and ends on August 23, 2021 at 11:59 p.m. PT (the "Promotion Period"). Sponsor’s computer is the official time-keeping device for the Sweepstakes.

4. How to Enter: There are three (3) ways to receive entries into this Sweepstakes:

A. For Eligible New Customers: During the Promotion Period, visit https://join.robinhood.com/robinhood/?promo=100k_summer_giveaway and follow the links and instructions to sign up for a Robinhood account by completing and submitting the registration forms. Robinhood accounts are subject to its Terms & Conditions and Privacy Policy. Once you receive approval of your account (this may be immediate or may take some time), you must successfully link your bank account that supports ACH transfers to your Robinhood account (this process takes about 48 hours to complete as described here. While Robinhood attempts to offer the ability to link or fund a customer’s account with as many financial institutions as possible, we cannot support the customer’s ability to link their Robinhood account with all financial institutions.) in order to receive one (1) Sweepstakes entry. While you must complete the “sign up” process during the Promotion Period (by August 23, 2021 at 11:59 p.m. PT), you will have through August 27, 2021 at 11:59 p.m. PT to get approval and link your bank account.

B. For Eligible Existing Customers: During the Promotion Period, refer a friend who does not have a Robinhood account and meets the eligibility requirements set forth in Section 1 (“Friend”) by sharing your unique link. You may find your link by following the directions within the Robinhood's $100K Summer Giveaway promotion offer available within the Reward tab. If your friend clicks on your unique link and follows the instructions to sign up for a Robinhood account during the Promotion Period (August 23, 2021 at 11:59 p.m. PT) and gets approved and successfully links a bank account to their Robinhood account (as described above in Subsection A) no later than August 27, 2021, both Existing Customer/Entrant* and Friend will receive one (1) Sweepstakes entry. There is no limit to the number of Friends that you may refer. Entrant will receive one (1) Sweepstakes entry for each Friend who completes the requirements stated here, subject to the above limitations regarding the maximum entry Limit stated below.

*NOTE: Eligible Existing Customers” means current customers of Robinhood Financial with accounts that are in good standing. If Robinhood determines in its sole discretion that there are images or speech in connection with entrant’s referral link that: are inaccurate, misleading, offensive, or violate community standards; are designed to assist or promote a customer or prospective customer with account opening or trading on Robinhood’s platform, could be viewed as marketing or advertising on behalf of Robinhood; contain promissory statements, performance or other advertising, or investment recommendations; or infringe on Robinhood's intellectual property rights, constitute a domain name, create the potential for confusion as to whether the page or content in question is Robinhood’s, or are otherwise improper under these rules or under relevant laws or regulations, entrant will not receive a Sweepstakes entry.

By signing up for a new account or referring a friend to Robinhood as your means of entry into this Sweepstakes, you may also be eligible for a separate and unrelated Robinhood promotion under Robinhood’s then-current stock referral program, which may result in you receiving one or more free shares of stock as outlined in the relevant terms and conditions of such promotion. All investments involve risk, including the possible loss of principal. Neither receipt of a share of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. Robinhood Financial does not provide investment advice and does not recommend a security or transaction through this promotion. Securities trading offered through Robinhood Financial LLC, member SIPC and FINRA.

C. Mail-in Free Method: To enter without creating a Robinhood account, print your name, address, phone numbers, email address, and date of birth on a piece of paper and mail it in an envelope with proper postage to “$100K Summer Giveaway,” c/o Merkle Inc., P.O. Box 5025, Department 849133, Kalamazoo, MI 49003-5025. You will receive one (1) entry into the Sweepstakes for each qualified mail in request that is timely received. Limit: One (1) mail in request per envelope. All mail-in entries must be handwritten and must be postmarked by August 23, 2021 and received by August 30, 2021. All entries become the exclusive property of Sponsor and none will be acknowledged or returned. Proof of sending or submission will not be deemed to be proof of receipt by Sponsor. Sponsor is not responsible for lost, late, incomplete, invalid, unintelligible, illegible, misdirected or postage-due entries, which will be disqualified.

Limit: You may receive up to ten (10) entries during the Promotion Period by any combination of the above stated entry methods. Multiple entrants are not permitted to share the same email address. Any attempt by any entrant to obtain more than the stated number of entries by using multiple/different email addresses, identities, registrations and logins, or any other methods will void that entrant's entries and that entrant may be disqualified. Use of any automated system to participate is prohibited and will result in disqualification. In the event of a dispute as to any entry, the authorized account holder of the email address used to enter will be deemed to be the entrant. The “authorized account holder” is the natural person assigned an email address by an Internet access provider, online service provider or other organization responsible for assigning email addresses for the domain associated with the submitted address. Each potential winner may be required to show proof of being the authorized account holder.

5. Prize Drawing: Administrator is an independent judging organization whose decisions as to the administration and operation of the Sweepstakes and the selection of the potential winners are final and binding in all matters related to the Sweepstakes. Administrator will randomly select the potential Sweepstakes winners from all eligible entries received during the Promotion Period, on or around September 2, 2021. Odds of winning the prize depend on the number of eligible entries received during the Promotion Period. Sponsor reserves the right to either decline to grant the prize, or, to the extent allowed by law, to claw back funds, in the event that Sponsor determines in its sole discretion that: (1) a winner did not meet the requirements and qualifications of the Sweepstakes; (2) potential winner participated in fraudulent activity; or (3) potential winner has violated these Rules. Where applicable as determined by Sponsor in its sole discretion, Sponsor may request additional documentation from a potential winner to confirm winner’s account is valid in order to receive the prize. In the event that a Sponsor requests additional documentation and potential winner fails to provide it the potential winner forfeits the prize. In the event that the potential winner forfeits the prize or is disqualified for any reason, Sponsor will award the prize to an alternate winner by random drawing from among all remaining eligible entries. Only three (3) alternate drawings will be held, after which the prize will remain un-awarded.

The potential winners will be notified by email. The prize will be offered to each winner by email and/or push notification from the Sponsor (except where the winner has entered by the mail in method and does not have a Robinhood account). The cash value must be claimed by each winner. If the cash value is not claimed within 30 days of the date of the email and/or notification, the prize will expire. For those winners who entered by mail and do not have a Robinhood account, the prize will be fulfilled by email (see Section 6 for details).

6. Prizes: TWO HUNDRED (200) GRAND PRIZES: Each winner will receive a $500 that may be added to their Robinhood Financial account. This cash value must be claimed by each winner following directions in the email and/or push notification within thirty (30) days of the date of the email and/or push notification. The cash value of the prize cannot be withdrawn from the customer’s Robinhood Financial account for 30 days after the reward is claimed, and subject to Robinhood’s “Withdrawal Rules.”

If winner entered using the mail-in method and does not have Robinhood account, prize will be awarded as a $500 prepaid card. Your payment will be delivered via email with instructions for claiming your prepaid card. You must claim your card within 3 months from the date these instructions are sent via email. Your right to the payment expires after that time. Use your Visa Prepaid Card anywhere Visa debit cards are accepted in the U.S. The card may not be used at any merchant, including internet and mail or telephone order merchants, outside of the U.S. Card is issued by The Bancorp Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Your use of the prepaid card is governed by the Cardholder Agreement, and some fees may apply. This is not a gift card. Please note that prepaid cards are subject to expiration, so pay close attention to the expiration date of the card. Approximate Retail Value (“ARV”) of each prize is $500.

Prizes are non-transferable and no substitution will be made except as provided herein at the Sponsor’s sole discretion. Sponsor reserves the right to substitute the prize for one of equal or greater value if the designated prize should become unavailable for any reason. Winners are responsible for all taxes and fees associated with prize receipt and/or use. Consult with your tax advisor about the appropriate tax treatment for this prize and any tax implications associated with receipt of the prize. The value of prizes received may be reported as other Income on a Form 1099-MISC where required by applicable rules and regulations. Sponsor does not take responsibility for any tax related to this prize. Limit: one (1) prize per person. Total ARV of all prizes: $100,000.

7. Release: By receipt of any prize, winners agree to release and hold harmless Sponsor, Administrator, and their respective subsidiaries, affiliates, suppliers, distributors, advertising/promotion agencies, and prize suppliers, and each of their respective parent companies and each such company’s officers, directors, employees and agents (collectively, the “Released Parties”) from and against any claim or cause of action, including, but not limited to, personal injury, death, or damage to or loss of property, arising out of participation in the Sweepstakes or receipt or use or misuse of any prize.

8. Publicity: Except where prohibited, participation in the Sweepstakes constitutes each winner’s consent to Sponsor’s and its agents’ use of winner’s name, likeness, photograph, voice, opinions and/or hometown and state for promotional purposes in any media, worldwide, without further payment or consideration.

9. General Conditions: Sponsor reserves the right to cancel, suspend and/or modify the Sweepstakes, if any fraud, technical failures, human error, or any other factor impairs the integrity or proper functioning of the Sweepstakes, or any event or cause beyond Sponsor’s control (e.g. events such as natural calamities, national emergencies, wide spread illnesses, declarations of war, acts of God, acts of terrorism) interferes with any aspect of the Sweepstakes, including but not limited to fulfillment of the prize(s), as determined by Sponsor in its sole discretion. In such event, Sponsor, in its sole discretion, may elect to hold a random drawing from among all eligible entries received up to the date of discontinuance and may modify the prizes offered herein. Sponsor reserves the right, in its sole discretion, to disqualify any individual it finds to be tampering with the entry process or the operation of the Sweepstakes or to be acting in violation of the Official Rules of this or any other promotion or in an unsportsmanlike or disruptive manner. Any attempt by any person to deliberately undermine the legitimate operation of the Sweepstakes may be a violation of criminal and civil law, and, should such an attempt be made, Sponsor reserves the right to seek damages from any such person to the fullest extent permitted by law. Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision. Sweepstakes is in no way endorsed, administered by, or associated with any social media platform.

10. Limitations of Liability: The Released Parties are not responsible for: (1) any incorrect or inaccurate information, whether caused by entrants, printing errors or by any of the equipment or programming associated with or utilized in the Sweepstakes; (2) technical failures of any kind, including, but not limited to malfunctions, interruptions, or disconnections in phone lines or network hardware or software; (3) unauthorized human intervention in any part of the entry process or the Sweepstakes; (4) technical or human error which may occur in the administration of the Sweepstakes or the processing of entries; (5) late, lost, undeliverable, damaged or stolen mail; or (6) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from entrant’s participation in the Sweepstakes or receipt or use or misuse of any prize. If for any reason an entrant's entry is confirmed to have been erroneously deleted, lost, or otherwise destroyed or corrupted, entrant’s sole remedy is another entry in the Sweepstakes, if it is possible. No more than the stated number of prizes will be awarded. In the event that production, technical, seeding, programming or any other reasons cause more than the stated number of prizes as set forth in these Official Rules to be available and/or claimed, Sponsor reserves the right to award only the stated number of prizes by a random drawing among all legitimate, un-awarded, eligible prize claims.

11. Disputes: Except where prohibited, entrant agrees that: (1) any and all disputes, claims and causes of action arising out of or connected with this Sweepstakes or any prize awarded shall be resolved individually, without resort to any form of class action, and exclusively by the United States District Court for the Eastern District of Michigan (Southern Division) or the appropriate Michigan State Court located in Oakland County, Michigan; (2) any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with entering this Sweepstakes, but in no event attorneys’ fees; and (3) under no circumstances will entrant be permitted to obtain awards for, and entrant hereby waives all rights to claim, indirect, punitive, incidental and consequential damages and any other damages, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. All issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules, or the rights and obligations of the entrant and Sponsor in connection with the Sweepstakes, shall be governed by, and construed in accordance with, the laws of the State of Michigan without giving effect to any choice of law or conflict of law rules (whether of the State of Michigan or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than the State of Michigan.

12. Entrant's Personal Information: Information collected from entrants is subject to Sponsor’s Privacy Policy.

  1. Winner List: For a winner list, visit https://bit.ly/3iFZA03. The winner list will be posted after winner confirmation is complete.

© 2021 Merkle Inc. All rights reserved.

Reference No. 1745892
Still have questions? Contact Robinhood Support