Find new Robinhood promotions, bonuses, and offers here.
Table of Contents
About Robinhood Promotions
Robinhood is a brokerage firm largely known for offering commission-free trades. As a brokerage firm, Robinhood is insured by the Securities Investor Protection Corporation (SIPC)
Their trading experience allows investors to manage their own accounts, access their own portfolios, and make trades seamlessly across multiple devices. Access your account on-the-go with mobile and tablet apps
I’ll review Robinhood below.
Robinhood is offering a random free share of stock for new users and you when you refer a friend with this promotion worth up to $200.
- Account Type: Robinhood Account
- Availability: Nationwide
- Credit Inquiry: Unknown
- Monthly Fee: None
- Additional Information: Most of their services are free. Premium service management fee starts at 0.50%. Each stock is worth $2.75-$200
- Closing Account Fee: None
You don’t know which stock you get for free, but the offer page gives you an idea:
- Berkshire Hathaway, Apple, Facebook: You have a 1 in 250 chance of getting stock in one of these companies each time a friend signs up.
- GE, Ford, Energy Transfer: You have a 1 in 150 chance of getting stock in one of these companies each time a friend signs up.
- Tap the account icon in the bottom right corner
- Click “Invite friends, get free stock”
- Then start inviting your friends
- If enough of your friends sign up, you can earn up to $500 in free stocks
- Bonus credited once account is approved
- Limit one offer per qualified referral with a maximum of one account per referred client
- Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice
- Shares from stock bonuses cannot be sold until 2 trading days after the bonus is granted or withdrawn within 30 days
Robinhood Up to $600 Deposit Bonus
Get a free stock and earn up to $600 bonus with a Robinhood account. The bonus amount depends on how much you can deposit.
- What you’ll get: Up to $600 Bonus + Free Stock worth up to $200
- Minimum Deposit: $100K for the maximum bonus. See below for smaller tiers.
- Availability: Nationwide
- Monthly Fees: None
- Early Account Termination Fee: You must keep your deposit money through October 16th to earn the bonus.
(Expires September 16, 2022)
|Additionally, you may want to compare this offer to Ally Invest (Up to $3,000 Bonus Cash), J.P. Morgan Self-Directed Investing (Up to $625 Cash), Axos Self Directed Trading ($200 Cash), TradeStation ($150 Cash), and WeBull (6 Free Stocks).|
How To Earn Bonus
Qualifying Transfer cash reward amounts are as follows:
- $25 for depositing $1,000 – $9,999
- $100 for depositing $10,000 – $49,999
- $300 for depositing $50,000 – $99,999
- $600 for depositing $100,000+
- Rewards will be delivered by October 21, 2022. If you receive a reward, you’ll have 30 days to claim it. Once claimed, you can use it to invest right away, but you can’t withdraw the cash value for 30 days.
- Your cash reward will expire if it isn’t claimed within 30 days.
- This promotion is only available to new customers who sign up for Robinhood through the promotion page.
- The funds you receive through the deposit match program 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 deposit-matched funds and any other funds (i.e., stock reward funds) are valued at less than $600.
Robinhood is a great service that users should take advantage of when considering their financial goals. They get rid of all the transfer fees, so it would all be free-of-charge on your first transfer!
With a detailed plan customized based on your holdings, they have your best interest in mind. Their services allows them to find the best solution to further maximize your goals while having your investment accounts work together. Their multitude of tools make it easier to manage and grow your money.
With Robinhood, it’s in your best interest is to get ahead of anyone else, so your money stays within your control.
Bookmark this page and check back often for Robinhood promotions, bonuses, and offers.