New Gold Monday | Robinhood

New Gold Monday

We’re offering the following Robinhood Gold Monday promotions to new subscribers who join between December 9, 2024 through December 16, 2024.

  • A piece of $1 million: We’ll divide the pot of Gold equally among eligible Gold customers.
  • Boosted APY: As a Gold customer, earn an additional 0.5% on your uninvested brokerage cash for 60 days, then earn 4.25% APY afterwards.
  • 25% off your first year of Gold: Enjoy a discounted 1-year subscription to Robinhood Gold for just $45—saving you 25% off the current monthly rate ($60 per year).

Who's eligible?

These offers are only available for taxable investing accounts of qualified Robinhood customers who subscribe to Robinhood Gold and enroll in our cash sweep program.

How do I qualify?

To qualify, you must:

  • Have a taxable investing account with Robinhood
  • Sign up through the promotional offer in your app or email to become a Robinhood Gold subscriber between December 9, 2024 and December 16, 2024. Keep in mind, this offer is only available to new Gold subscribers who haven’t been subscribed to Gold in the last 60 days.

If you meet the terms of each offer (described in this article), you’ll qualify to get a piece of our $1 million giveaway, a 1-year Robinhood Gold subscription at a 25% discount of our current monthly rate, and any uninvested cash in your account will automatically earn 0.5% boosted APY on top of our standard Gold APY rate for 60 days.

When will I get a piece of $1 million?

If you meet the eligibility requirements of the $1 million giveaway and sign up for Robinhood Gold between December 9, 2024 and December 16, 2024, you’ll receive your cash reward by December 23, 2024. Keep in mind that the cash value of your cash reward cannot be withdrawn from your Robinhood account for one year after the reward is received.

Are there limitations to the $1 million giveaway?

Robinhood will charge back the cash reward from customers who don’t maintain Robinhood Gold for at least 1 year following the receipt of the cash reward.

What happens after 60 days?

If you qualify and meet the terms of the boosted APY offer, you’ll get the standard Gold APY rate after 60 days. The 60 days of the boosted rate may not be consecutive, and the boosted APY could be temporarily paused due to market conditions. If the higher rate is paused, you will temporarily receive the standard Gold APY rate until the boost resumes, and then you will resume receiving the boosted APY Rate until you have received the boosted APY Rate for a total of 60 days. You will then begin receiving the standard Gold APY rate.

Taxes

The APY interest that you get 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.

The value of Robinhood Gold and affiliate offers that result in a cash payment, such as the $1 million giveaway, may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations.

You’ll be able to download a consolidated 1099 form (which includes the 1099-INT and Form 1099-MISC where applicable) starting in mid-February of every year from Robinhood. If you have questions about your specific tax situation, consult a tax professional.

Terms and conditions

Gold Monday $1 million Giveaway Offer

This Gold Monday $1 million Giveaway Offer is subject to the following terms and conditions.

Eligibility: This promotional offer (“Offer”) is provided by Robinhood Gold, LLC (“RHG”) and is only valid for Eligible New Subscribers. “Eligible New Subscribers” means customers who (1) have the promotional screen in their Robinhood app or email; (2) are not, and have not been within 60 days before the beginning of the Offer Period, subscribed to the Robinhood Gold membership (“Robinhood Gold”); (3) successfully subscribe to Robinhood Gold during the Offer Period through the promotional screen; and (4) maintain a Robinhood Gold subscription for 1 year. Customers who do not have a Robinhood account can become an Eligible New Subscriber and qualify for this Offer by providing their email address to Robinhood at robinhood.com/goldmonday, and signing up for a Robinhood account and Robinhood Gold by using the same email address they provided Robinhood via the web page. This Offer is not available to the general public and is subject to the limitations below.

Offer Period: This Offer is available starting on December 9, 2024 12 AM PT and ends on December 16, 2024 11:59 PM PT (“Offer Period”).

Offer: Eligible New Subscribers will receive a “Piece” of the $1 million total prize across all eligible entrants subject to the limitations and requirements in these Terms and Conditions. The dollar amount of each Piece is determined by dividing $1 million by the number of Eligible New Subscribers. For example, if there are 100,000 Eligible New Subscribers, each will receive $10. By meeting the Offer requirements, you authorize a credit to your Robinhood Financial brokerage account in accordance with this offer and in the amount of the Piece.

Cash Reward: The cash value of the Piece will be rewarded to eligible accounts within one week of the end of the Offer Period. The cash value of the Piece cannot be withdrawn from the customer’s Robinhood Financial account for one year after the reward is received. This restriction includes, among other things, cash transfers to other Robinhood accounts. Additionally, Robinhood will charge back the value of the Piece for customers who fail to maintain a Robinhood Gold subscription for at least 1 year following the receipt of the Piece.

Limitations: RHG reserves the right to either decline to grant the Piece, or to the extent allowed by law, to take back the value of the Piece, in the event that RHG determines in its sole discretion that: (1) a customer did not meet the requirements and qualifications of the Offer; (2) there may have been fraudulent activity; or (3) there is a violation of these Terms. RHG reserves the right to change the terms or terminate the Offer at any time without notice. Customers who close their account within 1 year of receiving the Piece will forfeit the value of the Piece. The Offer is limited to no more than one Robinhood Gold subscription per customer. The Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to US residents only. This Offer is valid alongside, though separate from, any promotions offered by affiliates of RHG. Employees, contractors, or persons similarly associated with RHG or its affiliates; 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. RHG may decline requests to enroll in the Offer at its discretion. 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 the Offer reward before enrolling. For taxable accounts, the value of all RHG and affiliate offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. RHG does not take responsibility for any taxes related to this reward.

Robinhood New Gold Customer Boosted APY Offer

Robinhood Gold, LLC (Robinhood) New Gold Customer Boosted APY Offer (“New Gold Offer”) is subject to these terms and conditions.

Eligibility: This New Gold Offer is valid only for customers (you) who: (1) have or open a Robinhood account; (2) are not, and have not in the 60 days preceding December 9, 2024 been, subscribed to Robinhood Gold (“Gold”); (3) have the correlated promotion in the rewards section of their Robinhood account; (4) successfully sign up for Robinhood Gold between December 9, 2024 at 12 AM PT and December 16, 2024 at 11:59 PM PT; and (5) enroll or are enrolled in the Cash Sweep Program. This New Gold Offer is not available to the general public. This New Gold Offer is only available in non-retirement investing accounts. Robinhood may decline requests to enroll in the New Gold Offer at its discretion.

Offer: Customers who meet the eligibility criteria of this New Gold Offer and sign up for Robinhood Gold will receive a 0.5% boost on top of the standard Gold APY rate for 60 days after they successfully sign up for Gold. 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. Please note that 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.

Maintenance of Gold: Customers who meet the terms of this New Gold Offer must maintain Robinhood Gold through the 60 day boost period. Customers who unsubscribe from Robinhood Gold will revert back to a non-gold APY rate.

Limitations: This New Gold 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 New Gold Offer terms, or terminate the New Gold Offer, at any time without notice. This New Gold Offer is valid even if other Robinhood offers have already been accepted. The New Gold Offer is not transferable, saleable, or valid in conjunction with certain other offers, and is available to US 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 New Gold 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 interest income on a Form 1099-INT where required by applicable rules and regulations. Robinhood does not take responsibility for any taxes related to this cash reward.

Securities trading offered through Robinhood Financial LLC (member SIPC), a registered broker-dealer. Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC. Robinhood Financial LLC and Robinhood Gold, LLC are subsidiaries of Robinhood Markets, Inc.

Annual Robinhood Gold Membership Offer

The Annual Robinhood Gold Membership has a periodic subscription fee. Robinhood customers who are not, and have not in the 60 days preceding December 9, 2024 been, subscribed to Robinhood Gold can qualify for this offer. If you qualify for this offer, sign up for gold between December 9, 2024 at 12 AM PT and December 16, 2024 at 11:59 PM PT, select the discounted annual Robinhood Gold subscription, and pay $45 for the first year. After the first year, you’ll be charged at the then-current rates at the beginning of every subscription period for a Robinhood Gold membership. You may downgrade at any time from Robinhood Gold within the Robinhood app or website. You can get the latest pricing for Robinhood Gold on our website.

Was this article helpful?
Reference No. 4084424
Still have questions? Contact Robinhood Support

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).

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. Please 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. Please 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, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, 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.

The risk of loss in trading futures can be substantial. Carefully consider if it’s appropriate for you in light of your financial circumstances. Please read the Futures Risk Disclosure Statement prior to trading futures products. Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC) and are not Federal Deposit Insurance Corporation (FDIC) insured. Prior to trading virtual currency Futures products, please review the NFA Investor Advisory & CFTC Advisory providing more information on these potentially significant risks. Futures trading and options on futures trading are offered by Robinhood Derivatives, LLC (“RHD”), a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and Member of National Futures Association (NFA) (NFA ID 0424278).

RO 3924940

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.
Follow us on

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).

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. Please 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. Please 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, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, 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.

The risk of loss in trading futures can be substantial. Carefully consider if it’s appropriate for you in light of your financial circumstances. Please read the Futures Risk Disclosure Statement prior to trading futures products. Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC) and are not Federal Deposit Insurance Corporation (FDIC) insured. Prior to trading virtual currency Futures products, please review the NFA Investor Advisory & CFTC Advisory providing more information on these potentially significant risks. Futures trading and options on futures trading are offered by Robinhood Derivatives, LLC (“RHD”), a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and Member of National Futures Association (NFA) (NFA ID 0424278).

RO 3924940

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.