Robinhood Gold Rewards
Only direct recipients of the incentive offer who click an eligible rewards link, subscribe to Robinhood Gold in that session, and meet all of the qualifications, are eligible to receive a cash reward. The promotion is not available to the general public.
In order to receive your cash reward, you have to sign up for Robinhood Gold ($5/month, first 30 days free for new subscribers) and must remain a Gold subscriber through April 6, 2024. As a Robinhood Gold subscriber, you must make deposits into your non-retirement brokerage account between September 20, 2023 and October 6, 2023 to count towards your reward.
You can calculate your net deposits by adding up all deposits initiated between September 20, 2023 and October 6, 2023 and subtracting all initiated withdrawals or canceled deposits between September 20, 2023 and April 6, 2024.
If you're eligible for a cash reward, it will be delivered to your account by April 13, 2024. We'll notify you by email and push notification when you can claim your cash!
Your cash reward will expire if it isn’t claimed within 30 days. After you claim it, you can use it to invest right away, but you can't withdraw it from your account for 30 days.
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 funds (e.g., stock reward funds) are valued at less than $600.
As with all tax forms, you’ll be able to 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 your tax professional.
Robinhood Financial LLC (Robinhood) Gold reward is subject to these terms and conditions.
Eligibility. The Robinhood Gold reward is valid only for Robinhood customers who click an eligible rewards link directly sent to them by Robinhood, successfully fund their Robinhood brokerage account as described in the offer communication, enroll in Robinhood Gold between September 20, 2023 and October 6, 2023 and maintain enrollment through April 6, 2024, and keep qualifying funds in their Robinhood account through at least April 6, 2024. To be eligible for this reward, you cannot be a current Robinhood Gold subscriber and you must have received the offer communications from Robinhood directly. This offer is not available to the general public. Robinhood may decline requests to enroll in the offer at its discretion.
Offer. The net total is the total amount of all initiated deposits from September 20, 2023 at 8:00:00 AM PT through October 6, 2023 at 11:59:59 PM PT minus all initiated withdrawals or canceled deposits from September 20, 2023 at 8:00:00 AM PT through April 6, 2024 at 11:59:59 PM PT. A cash reward based on the customer’s net total, calculated based on the Robinhood communication to the customer, will be automatically deposited to the customer's Robinhood account by April 13, 2024.
Withdrawals include, but are not limited to, a debit card transaction from a customer’s brokerage account, originated and non-originated ACH and ACAT. However, a withdrawal shall not include the purchase of an investment option, such as a stock, on Robinhood’s or Robinhood’s affiliates’ platforms.
Limitations. Limit one offer per qualified funding of the account, with a maximum of one account per customer. The cash value must be explicitly claimed by the user. If the cash value is not claimed within 30 days of the date it was received, the reward will expire. The cash value of the reward cannot be withdrawn from the customer’s Robinhood Financial account for 30 days after the reward is claimed. 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. 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.