HOOD Month Account Transfer Bonus | Robinhood

HOOD Month Account Transfer Bonus

When you make an eligible asset transfer from an outside brokerage account into an in-kind Robinhood account, you can claim a bonus. Depending on the type of account transfer, you can take advantage of the following offers:

Subscription and terms apply. Refer to the Terms and conditions for details.

Note

Some of these offers require that you maintain your Gold subscription for a minimum time to retain the full bonus and that you keep the net transferred asset value that received a bonus in your account for a set minimum time. Withdrawing funds before the specified timeframe can result in a bonus removal.

Individual or joint investing transfer bonus

As a Robinhood Gold subscriber, transfers into your self-directed Robinhood individual or joint investing account from an external brokerage will earn you a 2% bonus. No matter how much you transfer, we’ll give you a 2% bonus. If you include a margin balance of $100,000 or more with an eligible asset transfer, you’ll get an extra 1% bonus for a total 3% bonus on your transfer.

Keep in mind, if you don’t already have a Gold subscription with us, you can sign up for a monthly ($5 per month) or annual subscription ($50 per year). Without a Gold subscription transfers from an external brokerage into your self-directed individual or joint investing account will earn a 1% bonus, but you can still earn the additional 1% on transfers with a margin balance of $100,000 or more for up to a total 2% bonus. For details, check out the applicable Terms and conditions.

IRA transfer bonus

With a Gold subscription, you can get a 2% bonus on eligible IRA transfers or 401(k) rollovers from an external brokerage into your self-directed Robinhood IRA. For details, check out the applicable Terms and conditions.

Keep in mind, your self-directed IRA gets a 1% match on annual IRA contributions, transfers, and old 401(k) rollovers all year without a Gold subscription.

Managed account transfer bonus

With a Gold subscription, you can get a 2% bonus on eligible, in-kind asset transfers from an external brokerage into your account managed by Robinhood Strategies (bonus capped at $500). And without a Gold subscription, you can get a 1% bonus (capped at $250). For details, check out the applicable Terms and conditions.

Terms and conditions

HOOD Month ACATS Bonus Offer

Robinhood Financial LLC (“Robinhood”) Hood Month ACATS Bonus Offer (“Bonus Offer”) is subject to these Terms and conditions (“Terms”).

Eligibility: The Bonus Offer is only available to customers who: (1) have an individual or joint Robinhood taxable brokerage account (“Brokerage Account”); and (2) within the Offer Period, initiate an Automated Customer Account Transfer Service (“ACATS”) transfer of new funds or investments to their Brokerage Account from an external brokerage account. The Bonus Offer is only available for self-directed accounts. Deposits to Brokerage Accounts managed by Robinhood Asset Management, LLC (Robinhood Strategies) are not eligible for this Bonus Offer.

Definitions

  • Base Bonus:
    • 2% of the Net Transferred Asset Value for Robinhood customers who are subscribed to Robinhood Gold at the time of the settlement of the ACATS transaction.
    • 1% of the Net Transferred Assets Value for Robinhood customers who are not subscribed to Robinhood Gold at the time of the settlement of the ACATS transaction.
  • Bonus (collectively): The Base Bonus plus any Margin Bonus (defined below) actually credited.
  • Offer Period: Between August 26,  2025 at 9 AM PT and September 15, 2025 at 9 PM PT. Robinhood may modify these dates without notice.
  • Net Transferred Asset Value: The total value of all qualified ACATS initiated during the Offer Period minus any outflows from all Robinhood Platform accounts (see Section 5) through the Offer Period. The total value of all qualified ACATS initiated is the asset value of the incoming transfers, including any credit balance, minus any debit balance, including a margin balance.
  • Robinhood Platform: All accounts offered by Robinhood Markets, Inc. or any of its wholly-owned subsidiaries.
  • Withdrawals: Withdrawals include, but are not limited to: a debit card transaction from a customer’s Brokerage Account, originated and non-originated ACH, wire transfers, and ACATS out. However, a withdrawal does not include the purchase of an investment in a Brokerage Account, such as a stock, or a purchase of cryptocurrencies in a Robinhood Crypto, LLC account.

Offer: Robinhood ACATS Bonus. For eligible Robinhood customers who initiate an ACATS transfer within the Offer Period, Robinhood will deposit the Base Bonus to the customer’s Brokerage Account, subject to a five-year earn-out as discussed below.

Margin Bonus: For customers who are approved for a margin account, Robinhood will deposit an additional 1% bonus on top of their Base Bonus (“Margin Bonus”) for ACATS transfers that include a settled margin balance of at least $100,000 (“Margin Threshhold”). The Margin Bonus will only be paid for individual ACATS transactions that include a settled margin balance that equals or exceeds the Margin Threshold. This Margin Bonus will be deposited at the same time as the Base Bonus.

Bonus: The Bonus will be deposited into the customer’s Brokerage Account approximately two weeks from when the customer’s eligible ACATS transfer settles. Transferred assets are eligible if they are initiated during the Offer Period and successfully settle.

The amount of the Bonus is calculated based on the Net Transferred Asset Value, using the national market system closing price of each position transferred into the account on the trading day before when the transfer settles. Settlement is deemed to occur when the securities are posted to the account and available to trade. Please note that the Bonus is only available for securities that successfully transfer and settle, and will not be granted for securities that are rejected.

If a customer’s transfer results in a Bonus amount that includes a fraction of a dollar smaller than $0.01, the Bonus is calculated to 4 decimal points. Robinhood will add the Bonus amount to their account after it reaches the next whole cent increment. For example, if a customer with a 1% Base Bonus makes 4 individual ACATS transfers of $0.25, Robinhood will add the bonus into their Brokerage Account after the fourth transfer when it accrues up to $0.01.

Withdrawal Limitations (all customers): If, at any time during the 5 years after a Bonus is credited, Withdrawals cause the value of the customer’s Robinhood Platform accounts to fall below the Net Transferred Asset Value (excluding the Bonus), Robinhood will charge back a proportional amount of the Bonus. Chargebacks are deducted from available cash. If insufficient, the amount may be debited from an outgoing financial institution or added to a margin balance, if applicable.

Gold Subscription Maintenance Requirement: Customers who receive the 2 % Base Bonus must maintain an active Robinhood Gold subscription for at least one (1) year following the settlement date of each ACATS transfer pursuant to this Bonus Offer in order to retain the full Bonus.

Gold Subscription Cancellation: If a qualifying Robinhood Gold subscriber cancels their or fails to maintain their Robinhood Gold subscription within a one‑year period of an ACATS transaction pursuant to this Bonus Offer, Robinhood will charge back the Base Bonus and re-grant a “Gold Cancellation Bonus” equal to 1% of the Net Transferred Asset Value during the Offer Period. The Gold Cancellation Bonus will be subject to a new 5-year holding period beginning on the date of their Gold Subscription cancellation, and any chargeback incurred by the Gold Cancellation Bonus will not be prorated as described in the Withdrawal Limitations section. This chargeback is assessed in addition to, and separately from, any chargebacks triggered by Withdrawals or other events.

Grace Period: After maintaining the Net Transferred Asset Value plus the Bonus amount received for at least 90 consecutive days, customers will be eligible to take advantage of a one-time, optional 60-day grace period (“Grace Period”) during which withdrawals will be permitted without the consequence of a chargeback. During the Grace Period, a customer may withdraw up to the principal Net Transferred Asset Value (but not including the received Bonus amount). The Grace Period is not available for ACATS transfers out. During the Grace Period, the portion of the customer’s received Bonus amount that is subject to chargeback will be frozen and will not be able to be used until the withdrawn funds are returned to the Brokerage Account.

Joint Accounts: For Joint Account holders, an ACAT is considered initiated once both Joint Account holders have consented to the initiation of the ACAT.

Violation of the Terms: In the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of the terms of this Bonus Offer in connection with the Bonus, Robinhood reserves the right to either decline to grant the Bonus, or to rescind or liquidate the Bonus, or any security or any related dollar proceeds derived from the Bonus. The Bonus will be credited to the customer’s Brokerage Account within approximately two weeks after the customer has fulfilled the conditions of the Offer, though this timeline may be delayed in Robinhood’s sole discretion if, for example, Robinhood determines that there are indications of fraud or a violation of these Terms.

Not a Recommendation: The Bonus Offer is not a recommendation of any investment or investment strategy, and is not a recommendation that a customer transfer assets into a Brokerage Account. Robinhood reserves the right to change the Terms or terminate the Bonus at any time without notice.

Right to Modify or Terminate: Robinhood reserves the right to change the Terms or terminate the Bonus Offer at any time without notice. Robinhood reserves the right to refuse to grant the Bonus to transfers that it cannot verify were initiated prior to the end of the Offer Period. The Bonus Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. The Bonus Offer is only available for personal use, and may not be used for commercial purposes.

Eligibility Restrictions: Robinhood Customers with restricted accounts, deactivated accounts, and account restrictions are not eligible to participate in the Bonus Offer; Robinhood Customers who do not see the Bonus Offer in their app may be subject to these restrictions and therefore ineligible to participate in the Bonus Offer. Robinhood may decline requests to enroll in the Bonus Offer at its discretion. Other restrictions may apply.

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 or charged back may be reported on applicable 1099 forms where required by 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.

Robinhood IRA HOOD Month ACATS Bonus Offer

This Robinhood Financial LLC (“Robinhood”) Hood Month IRA Deposit Bonus Offer (“Bonus Offer”) is subject to these Terms and conditions (“Terms”).

Eligibility: The Bonus Offer is available only to customers who (1) have (or successfully open) an Individual Retirement Account ("IRA") offered by Robinhood and custodied at Robinhood Securities, LLC (a "Robinhood IRA"), (2) contribute new funds to a self‑directed Robinhood IRA via a transfer of cash or investments from a qualified account at an institution other than Robinhood, such as an external IRA or employer plan (an "External Qualified Account"), during the Offer Period, and (3) maintain an active subscription to Robinhood Gold at the time the transfer settles. Only self‑directed IRAs qualify. Deposits to IRAs managed by Robinhood Asset Management, LLC ("Robinhood Strategies") are not eligible.

Offer: For eligible Robinhood customers, Robinhood will provide a cash bonus (“Bonus”) equal to 2% of a customer’s deposits from an External Qualified Account that are initiated to their Robinhood IRA between August 26, 2025 9 AM PT and September 15, 2025 at 9 PM PT (the “Offer Period”) and successfully settle. Robinhood may terminate this promotion before the end of the Offer Period in its sole discretion.

The Bonus is subject to a 5 year earn-out and contingent on customers maintaining an active Gold subscription for at least 1 continuous year starting on the date of the first eligible deposit pursuant to this Bonus Offer. The Bonus will be earned and deposited into the customer's Robinhood IRA within approximately one week after the eligible transfer settles.

Bonus: The amount of the Bonus is calculated based on 2% of the total of the transferred cash plus transferred securities and options, using the national market system closing price of each position transferred into the account on the trading day before when the transfer settles. Settlement is deemed to occur when the securities are posted to the account and available to trade. Please note that the Bonus is only available for securities that successfully transfer and settle, and will not be granted for securities that are rejected. If 2 % of a customer's deposit results in a fraction of a dollar less than $0.01, the Bonus is rounded down to the nearest cent. Contributions under $1 receive no Bonus.

IRA Bonus Early Removal Fee: If a customer receives a Bonus and, within five (5) years of receiving it, transfers or distributes any portion of their Robinhood IRA and the IRA balance is less than the sum of net IRA deposits plus any Bonuses received, an “IRA Bonus Early Removal Fee” equal to the total Bonus amount received in the prior five‑year period will be charged to the IRA separate from and above any ACATS out fee. It may be deducted from available cash in the IRA or, if insufficient, debited from the outgoing institution. Distributions required by law (e.g., required minimum distributions) can trigger the fee under the same balance test.

The IRA Bonus Early Removal Fee may not apply if a customer’s IRA balance has risen by an amount greater than their net IRA contributions plus any Bonus that they have received. However, the IRA Bonus Early Removal Fee will apply if the customer initiates a transfer or distribution request, and the customer’s IRA balance has decreased, for any reason including investment losses, to less than their IRA deposits plus any Bonus they have received subject to the limitations in the Unbonused Withdrawals section below. Via these Terms, the customer directs the removal, transfer, sale of positions, and potential liquidation from their IRA to pay the IRA Bonus Early Removal Fee or, as applicable, to cover account deficits created by the IRA Bonus Early Removal Fee.

Gold Cancellation IRA Bonus Removal Fee: If a customer cancels or fails to maintain an active Robinhood Gold subscription for at least 1 continuous year after the date of their first Bonus‑earning deposit, a “Gold Cancellation IRA Bonus Removal Fee” will be charged to the IRA that received the deposit. Examples of a customer failing to maintain active Gold membership include, but are not limited to, failure to pay the monthly Gold subscription fee in the customer’s individual brokerage account or the deactivation or restriction of the customer’s brokerage account.

The Gold Cancellation IRA Bonus Removal Fee equals the difference between the 2 % Bonus and the bonus that would have applied had the customer not been a Gold subscriber. The remaining 1 % Bonus continues to be subject to the IRA Bonus Early Removal Fee until the five‑year earn‑out period expires. Pursuant to the Terms, the customer directs the removal, transfer, sale of positions, and potential liquidation from their IRA to pay the Gold Cancellation IRA Bonus Removal Fee or, as applicable, to cover account deficits created by the Gold Cancellation IRA Bonus Removal Fee.

Example: A customer joins Gold and deposits to their IRA on April 10, earning a $6 Bonus. If they cancel Gold on April 20 of the same year, $3 (the incremental 1 %) is debited from the IRA as the Gold Cancellation IRA Bonus Removal Fee. If they then transfer the IRA out within 5 years, the remaining $3 could be debited as the IRA Bonus Early Removal Fee.

Conversion: In the event that a Robinhood customer deposits to a Traditional IRA and subsequently converts to a Roth IRA, and fails to maintain an active Robinhood Gold subscription for at least one year from the date of the eligible contribution, as discussed above, the Robinhood Gold Cancellation IRA Bonus Removal Fee would apply to the customer’s Traditional IRA. If there is insufficient cash in the Traditional IRA to cover this fee, this fee may create a deficit or be charged to the customer’s Roth IRA. Indirect rollovers are generally eligible for the Bonus.

Net Deposit Requirements: The Robinhood Gold 2% IRA Deposit Bonus will not be granted with respect to transfers from an IRA at another financial institution if, during the Offer Period, a customer’s withdrawals or transfers out of the Robinhood Platform are equal to or greater than the customer’s transfers to the Robinhood IRA from External Qualified Accounts.

Violation of the Terms: In the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the Robinhood Gold 2% IRA Deposit Bonus, Robinhood reserves the right to either decline to grant the Robinhood Gold 2% IRA Deposit Bonus, or to rescind or liquidate the Robinhood Gold 2% IRA Deposit Bonus, or any security or any related dollar proceeds derived from the Robinhood Gold 2% IRA Deposit Bonus, and via these Terms the customer directs the removal, transfer, and potential liquidation from their IRA. The Bonus will be credited to the customer’s Robinhood IRA within approximately one week after the customer has fulfilled the conditions of the Offer, though this timeline may be delayed in Robinhood’s sole discretion if, for example, Robinhood determines that there are indications of fraud or a violation of these Terms.

The Bonus Offer is not available with respect to IRA contributions or deposits alongside certain other Robinhood promotions, such as the Robinhood IRA Deposit Match or the Robinhood Gold IRA Contribution Match, for the same IRA contribution. In other words, a Robinhood Gold customer can’t earn an additional match on top of the 2% for the Bonus Offer.

Not a Recommendation: The Bonus Offer is not a recommendation of any investment or investment strategy, and is not a recommendation that a customer roll over or transfer assets into a Robinhood IRA. By participating in the Bonus Offer, the customer represents that neither Robinhood nor any Robinhood affiliate has recommended any rollover or transfer to the Robinhood IRA. A rollover is one of four options, and other options include leaving the customer’s money at the old employer plan, moving it to the new employer plan, or cashing out. Please consult here for further guidance.

Robinhood, through the Bonus Offer, does not intend to provide the benefit of deferred compensation or to create an employee pension benefit plan under the Employee Retirement Income Security Act (ERISA). For that purpose, Robinhood Markets, Inc. instead offers a separate employee benefit plan for Robinhood employees, the Robinhood 401(k) Plan, which may include a separate employer matching contribution.

Eligibility Restrictions: Robinhood Customers with restricted accounts, deactivated accounts, and account restrictions are not eligible to participate in the Bonus Offer; Robinhood Customers who do not see the Bonus Offer in their app may be subject to these restrictions and therefore ineligible to participate in the Bonus Offer. Robinhood may decline requests to enroll in the Bonus Offer at its discretion. Other restrictions may apply.

Right to Modify or Terminate: Robinhood reserves the right to change the Terms or terminate the Bonus Offer at any time without notice. Robinhood reserves the right to refuse to grant the Bonus to transfers that it cannot verify were initiated prior to the end of the Offer Period. The Bonus Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. The Bonus Offer is only available for personal use, and may not be used for commercial purposes.

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. Robinhood processes and treats the Bonus on annual IRA contributions, IRA transfers, and 401(k) rollovers as income earned by the IRA account for tax reporting purposes. The amount is based on a percentage of deposits made into the IRA Account. The Bonus amount will not be subject to, or impact, the maximum annual dollar contribution limit or the maximum annual deductible amount. Please note that the Bonus may be taxable income for conversions of a non-deductible IRA contribution to a Roth IRA.

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.

Robinhood Strategies HOOD Month ACATS Bonus Offer

Robinhood Strategies Hood Month Bonus Offer (“Bonus Offer”) is offered by Robinhood Financial, LLC (“Robinhood”) and subject to these Terms and conditions (“Terms”).

Eligibility: The Bonus Offer is available to Robinhood customers who: (1) have or open an (i) individual Robinhood taxable brokerage account managed by Robinhood Asset Management, LLC or (ii) Individual Retirement Account managed by Robinhood Asset Management, LLC (both account types, a “Managed Brokerage Account”); and (2) within the Offer Period, initiate a “Qualifying Transfer” (as defined below). Deposits into self‑directed accounts managed by Robinhood Customers are not eligible for this Bonus Offer.

Definitions

  • Bonus:
    • 2% of the Net Transferred Asset Value for Robinhood Gold Customers.
    • 1% of the Net Transferred Asset Value for Non-Gold Customers.
  • Bonus Cap:
    • $500 (e.g. 2% of a Net Transferred Asset Value of $25,000) for Robinhood Gold Customers.
    • $250 (e.g. 1% of a Net Transferred Asset Value of $25,000) for Non-Gold Customers.
  • Net Transferred Asset Value: The total value of all qualified ACATS initiated during the Offer Period minus any outflows from all Robinhood Platform accounts (see Section 5) from August 26, 2025 9 AM PT through the Offer Period.
  • Non-Gold Customer: A customer who is not subscribed to Robinhood Gold at the time at the time their Qualifying Transfer settles.
  • Offer Period: Between August 26,  2025 at 9 AM PT and September 15, 2025 at 9 PM PT. Robinhood may modify these dates without notice.
  • Qualifying Transfer: A transfer of new assets to a Robinhood Managed Brokerage Account through (i) an Automated Customer Account Transfer Service (“ACATS”) transfer of new funds or investments to their Managed Brokerage Account from an external brokerage account or (ii) a transfer of cash or investments from a tax-advantaged retirement account at an institution other than Robinhood ( e.g., external IRA or employer plan) to a Managed Brokerage Account.
  • Robinhood Customers: Collectively, Non-Gold Customers and Robinhood Gold Customers.
  • Robinhood Gold Customer: Customers who have an active Robinhood Gold subscription at the time the Qualifying Transfer settles.
  • Robinhood Platform: All accounts offered by Robinhood Markets, Inc. or any of its wholly-owned subsidiaries.
  • Withdrawals: Withdrawals include, but are not limited to: a debit card transaction from a customer’s Brokerage Account, originated and non-originated ACH, wire transfers, and ACATS out. However, a withdrawal does not include the purchase of an investment in a Brokerage Account, such as a stock, or a purchase of cryptocurrencies in a Robinhood Crypto, LLC account.

Offer: For eligible Robinhood Customers who initiate a Qualifying Transfer during the Offer Period, Robinhood will deposit applicable Bonus to the customer’s Managed Brokerage Account, subject to the Bonus Cap.

Only Robinhood Customers with a positive Net Transferred Asset Value (as defined above) will receive the Bonus. The Bonus for Non-Gold Customers will be subject to a five-year earn-out as discussed below. The Bonus for Robinhood Gold Customers will be subject to both (1) maintaining an active Gold subscription for at least one year from the date of each Qualifying Transfer below, and (2) a five-year earn-out as discussed below.

Bonus: The Bonus will be deposited into the customer’s Brokerage Account approximately two weeks from when the customer’s eligible ACATS transfer settles. Transferred assets are eligible if they are initiated during the Offer Period and successfully settle within six (6) months of the Offer Period.

The amount of the Bonus is calculated based on the Net Transferred Asset Value, using the national market system closing price of each position transferred into the account on the trading day before when the transfer settles. Settlement is deemed to occur when the securities are posted to the account and available to trade. Please note that the Bonus is only available for securities that successfully transfer and settle, and will not be granted for securities that are rejected.

If a customer’s transfer results in a Bonus amount that includes a fraction of a dollar smaller than $0.01, the Bonus is calculated to 4 decimal points. Robinhood will add the Bonus amount to their account after it reaches the next whole cent increment. For example, if a customer with a 1% Bonus makes 4 individual ACATS transfers of $0.25, Robinhood will add the bonus into their Brokerage Account after the fourth transfer when it accrues up to $0.01.

Bonus Cap: The Bonus is capped at $500 for Robinhood Gold Customers and $250 for Non-Gold Customers.

Withdrawal Limitations (All Robinhood Customers): If, at any time during the 5 years after a Bonus is credited, Withdrawals cause the value of the Robinhood Customer’s Robinhood Platform accounts to fall below the Net Transferred Asset Value (excluding the Bonus), Robinhood will charge back a portion of the Bonus. For Qualifying Transfers conducted via ACATs in taxable accounts only, Robinhood will charge back a prorated amount of the Bonus based on the amount of time the customer has held the deposits on the Robinhood Platform.

Gold Subscription Maintenance Requirement: Robinhood Gold Customers who receive the 2 % Bonus must maintain an active Robinhood Gold subscription for at least one (1) year following the settlement date of each Qualifying Transfer executed via ACATS and (b) one (1) year following the settlement date of the first Qualifying Transfer involving an IRA transfer or rollover pursuant to this Bonus Offer in order to retain the full Bonus.

Gold Subscription Cancellation: If a qualifying Robinhood Gold Customer fails to maintain their Robinhood Gold subscription within the applicable one-year period described in the Gold Subscription Maintenance Requirement above, Robinhood will charge back an amount equal to 1% of the Net Transferred Asset Value, effectively reducing the Bonus from 2 % to 1 %. For the avoidance of doubt, in the case of IRA transfers and rollovers, the one-year period is measured from the settlement date of the first such IRA Qualifying Transfer and applies to all subsequent IRA Qualifying Transfers under this Bonus Offer. The Gold Cancellation Bonus will continue to be subject to the same 5-year holding period as described in the Withdrawal Limitations section above however any chargeback incurred by the Gold Cancellation Bonus will not be prorated as described in the Withdrawal Limitations section. This chargeback is assessed in addition to, and separately from, any chargebacks triggered by Withdrawals or other events. Examples of a Robinhood Gold Customer failing to maintain active Gold membership include, but are not limited to: failure to pay the monthly Gold subscription fee in a customer’s Self-Directed Account, or the deactivation or restriction of the customer’s Robinhood account.

Chargeback deductions: Chargebacks are generally deducted from available cash. If a Robinhood Customer has cash available in an individual, self-directed taxable Robinhood Brokerage Account (“Self-Directed Account”), the Bonus chargeback will be deducted from the available cash balance of that Self-Directed Account. If the customer has insufficient cash available in their Self-Directed Account to cover the chargeback, this fee may be debited from their outgoing financial institution, or added to the margin balance of the Self-Directed Account, if applicable.

Taxable Account Grace Period: For individual Robinhood taxable brokerage account managed by Robinhood Asset Management only, after maintaining the Net Transferred Asset Value plus the Bonus amount received for at least 90 consecutive days, Robinhood Customers may be eligible to take advantage of a one-time, optional 60-day grace period (“Grace Period”) during which withdrawals will be permitted without the consequence of a chargeback. During the Grace Period, Robinhood Customers may withdraw up to the principal Net Transferred Asset Value (but not including the received Bonus amount). The Grace Period is not available for ACATS transfers out, or cancellation of the Robinhood Gold Customer’s Robinhood Gold subscription. During the Grace Period, the portion of the Robinhood Customer’s received Bonus amount that is subject to chargeback will be frozen and will not be able to be used until the withdrawn funds are returned to the Managed Brokerage Account or any other account on the Robinhood Platform.

Violation of the Terms: In the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the Bonus, Robinhood reserves the right to either decline to grant the Bonus, or to rescind or liquidate the Bonus, or any security or any related dollar proceeds derived from the Bonus. The Bonus will be credited to the customer’s Managed Brokerage Account shortly after the customer has fulfilled the conditions of the Bonus Offer, though crediting of the Bonus may be delayed in Robinhood’s sole discretion if, for example, Robinhood determines that there are indications of fraud or a violation of these Terms.

Not a Recommendation: This Bonus Offer is not a recommendation of any investment or investment strategy and is not a recommendation that a customer transfer assets into a Robinhood Managed Brokerage Account. By participating in the Bonus Offer, the customer represents that neither Robinhood nor any Robinhood affiliate has recommended any rollover or transfer to the Robinhood IRA. A rollover is one of four options, and other options include leaving the customer’s money at the old employer plan, moving it to the new employer plan, or cashing out. Please consult here for further guidance

Robinhood, through the Bonus Offer, does not intend to provide the benefit of deferred compensation or to create an employee pension benefit plan under ERISA. For that purpose, Robinhood Markets, Inc. instead offers a separate employee benefit plan for Robinhood employees, the Robinhood 401(k) Plan, which may include a separate employer matching contribution.

Right to Modify or Terminate: Robinhood reserves the right to change the Terms or terminate the Bonus Offer at any time without notice. Robinhood reserves the right to refuse to grant the Bonus to transfers that it cannot verify were initiated prior to the end of the Offer Period. The Bonus Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. The Bonus Offer is only available for personal use, and may not be used for commercial purposes.

Eligibility Restrictions: Robinhood Customers with restricted accounts, deactivated accounts, and account restrictions are not eligible to participate in the Bonus Offer; Robinhood Customers who do not see the Bonus Offer in their app may be subject to these restrictions and therefore ineligible to participate in the Bonus Offer. Robinhood may decline requests to enroll in the Bonus Offer at its discretion. Other restrictions may apply.

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 or charged back may be reported on applicable 1099 forms where required by rules and regulations. Robinhood does not take responsibility for any tax related to this cash reward.

Robinhood Asset Management, LLC is an SEC-registered investment advisor. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Robinhood Securities LLC (member SIPC) provides clearing services.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.

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Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC).

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Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

RHF, RHY, RHC, RCT, RHG, RHD, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, RHD, and RHS are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC).

Futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

The Robinhood spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Robinhood Gold Card is subject to credit approval and underwriting. Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

RHF, RHY, RHC, RCT, RHG, RHD, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, RHD, and RHS are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

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