After opening a self-directed, taxable investing account with Robinhood using the promotional link, you can get a cash reward based on the amount of eligible deposits you make within the first 7 days of opening your account, as shown in the Offer reward tiers table in the Terms and conditions.

This offer is valid for new customers of Robinhood who apply to Robinhood through the promotional offer they received, are approved for their first taxable, self-directed individual investing account, link their bank account, and fund it with a qualifying net deposit during the offer period.

To earn the cash reward as shown in the promotional offer, you must make a cash deposit during the promotional period through the offer in the app. Only eligible cash deposits into your self-directed, taxable investing accounts through an automated clearing house (ACH) bank transfer, a wire transfer, an instant bank transfer, or a non-originated ACH transfer are eligible.

Note that Robinhood Crypto transfers, ACATS transfers (including cash only), Internal asset transfers, Robinhood Banking transfers, or Robinhood Gold Credit Card redemptions are not eligible deposits.

The reward is based on how much you deposit within a 7 day period after your account is approved. Refer to the offer reward tiers table in the Terms and conditions for full details.

After the 7 day deposit period after opening your account, your deposits must remain in your Robinhood account for 30 days. If the holding period is met, your reward typically will be credited on day 38 after your account was approved.

After your account gets a cash reward, you can trade with it but you can’t withdraw the cash value from your account for 30 days.

For example, let’s say you get a $25 cash reward, which will be marked to hold for 30 days. Within those days your withdrawable cash will be reduced by $25, so if you have $1,500 of cash available in your account you would have $1,475 available to withdraw after accounting for the $25 hold. After the 30 days, the withdrawal limitation will no longer apply.

Yes, you can also get your first stock for free. Certain limitations apply. For details, review Open account, pick your stock.

Robinhood Financial LLC (“Robinhood”) cash reward offer is subject to the following terms and conditions.

Eligibility: The Cash Reward Offer is valid for new customers of Robinhood who directly receive a communication about the promotion, are approved for their first taxable, self-directed individual investing account, link their bank account, and fund it with a qualifying net deposit during the Deposit Period (“Eligible Customer”).

Eligible Customers: This offer is strictly limited to new customers who successfully apply for, are approved for, and open their first Robinhood taxable brokerage account during the promotional period. Existing Robinhood customers, customers who already have a Robinhood account of any type, or individuals who have previously maintained and closed a Robinhood account are not eligible for this offer.

Anyone who doesn’t meet these conditions isn’t eligible for this Offer. Robinhood may decline requests to enroll in the offer without notice and at its sole discretion.

Offer: For eligible customers, Robinhood will provide a variable cash reward based on the customer's net deposits during the 7-day period immediately following their account approval date (the “Deposit Period”) The one-time cash reward amount is determined by the highest tier achieved based on the eligible customer’s cumulative Net Deposits (total deposits minus total withdrawals) initiated and settled during the 7-day Deposit Period. The reward tiers are as follows:

Note: Rewards are not cumulative. Each eligible customer is limited to a single one-time reward corresponding to the highest tier achieved. For example, an eligible customer who makes a Net Deposit of $100,000 will receive a single $1,250 reward, not the sum of the rewards for each lower tier.

This offer is only available to customers who directly received the promotion.

Timing of Reward: The cash reward is scheduled to be automatically credited to the eligible user’s Robinhood brokerage account on or around the 38th day following their account approval (representing the conclusion of the 7-day Deposit Period and the subsequent 30-day Hold Period). While the reward is intended to be granted immediately upon the expiration of the Hold Period, Robinhood reserves the right to credit the reward within approximately one week after the Hold Period is complete.

Qualifying Deposits: For the purposes of this offer, Qualifying Deposits are defined as cash deposits made from an external account into an Eligible Customer’s brokerage account. Deposits may be made via Automated Clearing House (ACH), direct deposit, debit card, or other similar cash deposit methods. Deposits initiated during the promotion period that successfully settle after the promotional period are considered eligible.

Note: Transfers of cash or securities made to an Account through the Automated Customer Account Transfer Service (ACATS) are not considered Qualifying Deposits for this offer.

Limitations: To receive your cash reward, you must fund your approved account during the promotion dates. After the 7-day Deposit Period, you must hold the qualifying net deposit amount for an additional 30 days (the “Hold Period”). Once credited to your account after the combined 37-day window, the cash reward is yours to keep. The reward is all-or-none depending on if the net deposit requirement is met for the duration of the Hold Period. The cash value of the reward may not be withdrawn for 30 days after the reward is claimed.

Strict Deposit Period Cutoff: The 7-day Deposit Period commences strictly on the date your Robinhood brokerage account is approved, not on the date of your first funding action. Deposits initiated or settling after this 7-day window will not be considered qualifying net deposits for the purpose of calculating your reward tier. Robinhood is not responsible for any bank processing delays, ACH return times, or other funding issues that may cause a deposit to fall outside of the eligible 7-day Deposit Period.

Reward Withdrawal Restriction: The cash value of the promotional reward granted under this offer may not be withdrawn from your Robinhood brokerage account for a period of thirty (30) days following the date the reward is credited. However, the reward funds may be used immediately upon receipt to invest in securities on the Robinhood platform. If you attempt to withdraw the reward cash, or if you close your account prior to the expiration of this 30-day period, Robinhood reserves the right to revoke the reward.

The reward is only credited to a customer's individual brokerage account, and a customer will not be able to claim the reward unless they have an active Robinhood individual brokerage account in good standing. Limit one offer per qualified customer with a maximum of one individual investing account.

Combination with Other Offers: This offer is separate from and in addition to our other referral program. Participation in this promotion does not disqualify eligible customers from receiving that reward, however this offer is not otherwise combinable with other new customer incentives offered by Robinhood.

The cash reward will be credited to the enrolled individual investing account within approximately one week after the Hold Period is complete, though this timeline may be delayed in Robinhood's sole discretion if, for example, Robinhood determines that there is indicia of fraud or a violation of these 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 offer or the customer's Robinhood individual investing account, Robinhood reserves the right to either decline to grant the cash reward, or to rescind or liquidate the cash reward.

Robinhood cannot provide information about someone else's account or application status. Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice. The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to US residents only. Employees, contractors, or persons similarly associated with Robinhood or a Robinhood affiliate; members of their household; employees of any securities regulatory organization or exchange, employees of market makers, and registered representatives or any broker-dealer are not eligible. The offer is only available for personal use, and may not be used for commercial purposes. The reward, when combined with the value received from all other offers in the current calendar year, may not exceed $1,500 per person, per year.

Taxes: Taxes related to this offer are the customer's sole responsibility. Consult with a 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 on applicable 1099 forms where required by rules and regulations.