Tesla ACATS bonus
When you make an eligible ACATS transfer of Tesla (TSLA) from an outside brokerage or institution into your self-directed Robinhood account, you can receive a 2% cash reward. The following terms and conditions apply.
Traditional and Roth IRA rollovers aren’t eligible for this promotion.
Robinhood Financial LLC (“Robinhood”) is offering a promotional cash bonus (the “Bonus”) equal to 2% of eligible Automated Customer Account Transfer Service (ACATS) transfers initiated during the Offer Period and successfully settled into either (i) an individual or joint taxable brokerage account (each, a “Brokerage Account”) or (ii) a Robinhood IRA (each, a “Robinhood IRA”), but only if the ACATS transfer includes at least 1 full share of TSLA (a “TSLA-Inclusive Transfer”) owned by the customer on or before November 3, 2025. The Bonus is only available for self-directed accounts. Deposits to accounts managed by Robinhood Asset Management, LLC (Robinhood Strategies) are not eligible for the Bonus. The Bonus mechanics, including early removal fees and grace periods, differ by account type as set out in these terms. These “Terms” provide important information regarding this promotion.
To qualify: A customer must have (or successfully open) a self-directed Brokerage Account and/or a self-directed Robinhood IRA; deposits to managed accounts are ineligible.
Initiation requirement: The customer must initiate during the Offer Period a TSLA-Inclusive Transfer via ACATS from an external institution that includes TSLA that successfully settles into the destination Brokerage Account or Robinhood IRA.
TSLA holding representation: By participating, the customer represents and warrants that they beneficially held TSLA on or before November 3, 2025 and that any TSLA included in a TSLA-Inclusive Transfer reflects that prior holding. Robinhood may request reasonable evidence. False or misleading representations constitute a violation of these Terms.
Restrictions: Robinhood customers with restricted accounts, deactivated accounts, and account restrictions are not eligible to participate in the Bonus offer; Robinhood may decline requests to enroll in the Bonus offer at its discretion. Other restrictions may apply.
Other Promotions: Users subject to bonus promotions are not eligible to participate in this promotion to the extent that those bonus offers offer higher rates than 2%.
The Offer Period will be from November 5, 2025 at 12 AM ET through November 19, 2025 at 11:59 PM ET. Robinhood may change dates or terminate the offer without notice and may refuse to grant a Bonus to transfers it cannot verify were initiated within the Offer Period.
The Bonus equals 2% of the Net Transferred Asset Value of each TSLA-Inclusive Transfer that settles into the applicable account. For calculation, Robinhood uses the national market system closing price of each transferred position on the trading day before settlement. Settlement occurs when securities are posted and available to trade. Bonuses are granted only for positions that successfully transfer and settle.
Timing: The Bonus is typically credited about two weeks after settlement, but timing may be delayed at Robinhood's discretion.
Rounding and calculation procedures: The following procedures apply to all computations under this promotion:
For customers who did not receive a (taxable or retirement) transfer offer on October 9, 2025: No Bonus will be granted for transfers from another institution if, during the Offer Period, your Withdrawals or transfers out of the Robinhood Platform are equal to or greater than your transfers into your relevant Brokerage Account or Robinhood IRA from external qualified accounts.
For customers who received a (taxable or retirement) transfer offer on October 9, 2025: No Bonus will be granted for transfers from another institution if, from October 9, 2025 at 12 PM ET through the end of the Offer Period, your Withdrawals or transfers out of the Robinhood Platform are equal to or greater than your transfers into your relevant Brokerage Account or Robinhood IRA from external qualified accounts.
5-year earn-out window: If at any time within 5 years after a Bonus is credited, Withdrawals cause the value of your Robinhood Platform accounts (excluding the Bonus) to decrease below the Net Transferred Asset Value, Robinhood will charge back a proportional amount of the Bonus. Chargebacks are taken from available cash; if insufficient, the amount may be debited from an outgoing institution or added to a margin balance (if applicable). Chargebacks across ACATS promos are applied first‑in, first‑out.
Grace period: After maintaining Net Transferred Asset Value plus the Bonus for 90 consecutive days, the customer becomes eligible for a one-time, 60-day grace period during which certain withdrawals (not including ACATS out) are permitted without triggering a chargeback, up to the principal Net Transferred Asset Value. The bonus portion subject to chargeback will be frozen during the grace period.
5-year 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 Robinhood 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 5‑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 Robinhood IRA to pay the IRA Bonus Early Removal Fee or, as applicable, to cover account deficits created by the IRA Bonus Early Removal Fee.
Unbonused withdrawals: Notwithstanding the foregoing, a customer may withdraw, transfer, or distribute from their Robinhood IRA any portion of their deposits that is not associated with a Bonus (“Unbonused Deposits”) without triggering the IRA Bonus Early Removal Fee. For purposes of these Terms, Unbonused Deposits are customer contributions or transfers to the IRA that were not used in calculating a Bonus under this or any prior IRA promotional offer. Any withdrawals of Unbonused Deposits will not reduce the customer’s net IRA deposits for purposes of determining whether the IRA Bonus Early Removal Fee applies, provided that the aggregate balance in the IRA remains equal to or greater than the sum of the customer’s net bonused deposits plus all Bonuses received.
No grace period: Grace-period mechanics available to self-directed, taxable Brokerage Accounts do not apply to Robinhood IRAs.
FIFO across promotions: Chargebacks and rescissions apply first-in, first-out across current and prior promotional bonuses.
For investing accounts, an ACATS is considered initiated once both Joint Account holders have consented to the initiation of the ACAT.
Right to decline, rescind, or recover: If Robinhood determines there may have been fraudulent activity or a violation of these Terms, including misrepresentation of TSLA holdings on or before November 3, 2025, Robinhood may decline to grant, rescind, or liquidate any Bonus or related proceeds and remove or liquidate assets as necessary to recover amounts owed. Bonus crediting timelines may be delayed while Robinhood investigates.
This promotion is not a recommendation of any investment or strategy, and not a recommendation to transfer assets into a Robinhood account. Customers should consider alternatives and consult resources as appropriate.
Robinhood’s discretion: Robinhood may change these Terms or terminate the offer at any time without notice and may refuse to grant the Bonus to transfers it cannot verify were initiated within the Offer Period. The offer is not transferable or saleable and is available to US residents for personal use only. The Bonus is not transferable, saleable, or valid in conjunction with certain other offers and is available to US residents only.
Tax treatment depends on your circumstances and may change; Robinhood does not provide tax advice. You are responsible for all federal, state, and local taxes.
Taxable (non-retirement) accounts: 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 IRAs: 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 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. Note that the Bonus may be taxable income for conversions of a non-deductible IRA contribution to a Roth IRA.
State and local: State, local, and other tax rules may apply and may differ from federal treatment.
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).