Account bonus offer
If you receive an offer from us and cancel an eligible account transfer out, you can earn a 2% bonus on top of the cancelled transfer out amount from your self-directed, Robinhood taxable individual or joint investing account. Terms apply.
The bonus amount is based on the previous trading day's closing prices of the assets in your transfer request, as of the date Robinhood receives your request. For example, let’s say you started the steps to transfer securities priced at $100,000 out of your investing account, and then decided not to make the transfer by opting into the bonus. You’d earn a 2% bonus of $2,000. Note that you must accept the offer within the timeframe noted. Other terms apply.
We’ll deposit your earned bonus approximately 1 week after you cancel the asset transfer out. Note the 1-year holding requirement on the bonus. After 1 year, the bonus can be withdrawn.
Robinhood Financial LLC (“Robinhood”) ACATS Retention Bonus Offer (the “Offer”) is subject to these Terms and conditions (“Terms”). These Terms apply only to the self-directed, taxable brokerage promotion described here and not to any retirement, custodial, or managed account-related promotion. This offer is non-transferable and only available to customers who receive an invitation directly from Robinhood via email or in-app notification.
To be eligible, you must:
This Offer is not available for:
If you participate during the Offer Period by canceling an Outgoing ACATS Transfer Request in the app before Submission, Robinhood will credit you a Bonus, subject to these Terms. The Bonus will be credited as cash to your Brokerage Account, and you may use the Bonus to place trades on the Robinhood platform or keep it in your Brokerage Account. However, the Restricted Bonus Amount is not Withdrawable during the Withdrawal Holding Period.
You are not eligible for a Bonus if:
To qualify for the Bonus, your Outgoing ACATS Transfer Request must be Canceled in the Robinhood app before Submission and Robinhood must be able to process that Cancellation. Robinhood generally submits ACATS files to the Contra-Broker on the business day following the date the Outgoing ACATS Transfer Request was initiated. Because ACATS processing is time-sensitive and may involve cutoffs, queued processing, or system delays, a cancellation attempt may not be effective if made close in time to Submission. Robinhood’s records will control whether (and when) an Outgoing ACATS Transfer Request was Canceled and whether (and when) it was Submitted.
If an Outgoing ACATS Transfer Request is Submitted before it is Canceled (even if you attempted to cancel), you will not be eligible for the Bonus.
Each Eligible Customer may receive no more than one (1) Bonus under this Offer for one Outgoing ACATS Transfer Request, regardless of the number of Brokerage Accounts the customer has, the number of Outgoing ACATS Transfer Requests initiated, or the number of times an Outgoing ACATS Transfer Request is canceled.
If an Eligible Customer initiates and cancels multiple Outgoing ACATS Transfer Requests that would otherwise qualify, Robinhood will determine in its discretion which request is used to calculate the Bonus.
The Bonus will be credited to your Brokerage Account approximately 1 week after the Outgoing ACATS Transfer Request is Canceled, though timing may vary. The Withdrawal Holding Period begins on the Bonus Credit Date.
Robinhood may delay crediting if Robinhood determines or is investigating whether there are indications of fraud, abuse, or violations of these Terms.
Robinhood calculates the Requested Transfer-Out Amount using the national market system closing price of each transferred position on the trading day prior to the Outgoing Transfer Request. The Bonus amount is fixed at the time you receive the Offer, based on prior-day values, and will not fluctuate with subsequent market movement.
If a Bonus amount includes a fraction of a cent, the Bonus will be rounded down. The Restricted Bonus Amount equals the Bonus amount credited (including any fraction of a cent) and is subject to the Withdrawal Holding Period.
For Joint Accounts, an Outgoing ACATS Transfer Request is considered initiated only once both Joint Account holders have consented to the initiation of the ACATS transfer request, if applicable.
Any Bonus credited to a Joint Account will be credited to that Joint Account.
Robinhood may decline to grant, rescind, reverse, or withhold any Bonus (or any related proceeds) if Robinhood determines, in its sole discretion, that there may have been fraudulent activity, an attempt to game the Offer, or a violation of these Terms.
Robinhood may implement technical or account-level restrictions to enforce the Withdrawal Holding Period, including by preventing Withdrawals of the Restricted Bonus Amount during the Withdrawal Holding Period.
The Offer is not a recommendation of any investment or investment strategy, and is not a recommendation that you cancel a transfer or retain assets in a Brokerage Account.
Robinhood reserves the right to change these Terms or terminate the Offer at any time, as permitted by law. The Offer is not transferable or saleable and may not be valid in conjunction with certain other offers. Offer available to US residents only and void where prohibited.
Robinhood customers with restricted accounts, deactivated accounts, or account restrictions are not eligible to participate in the Offer. Robinhood may decline requests to enroll or participate at its discretion.
Consult with your tax advisor about the appropriate tax treatment of this Offer and any tax implications associated with receipt of a cash reward. The value of offers received may be reported on applicable tax forms where required. Robinhood does not take responsibility for any tax related to this cash bonus.
Securities trading offered through Robinhood Financial LLC, member SIPC, a registered broker-dealer, and a subsidiary of Robinhood Markets, Inc.