How does it work?
We’ll put $5 into your account the moment your brokerage application is approved. You’ll be able to use the $5 to invest or withdraw it after 30 days.
When can I take the money out of Robinhood?
You have to keep the $5 in your account for at least 30 days before withdrawing it. This means that if you have greater than $5 in your account at any time in the first 30 days, you won’t be able to withdraw your full balance. After the 30-day window, there are no restrictions on the money.
This is great! Can my friends get it too?
This promotion is only available to a select group of users for a limited time. Unfortunately, we can’t guarantee that your friends will receive the same offer. We still encourage you to spread the word about Robinhood, though!
It didn’t work for me?
The signup bonus is only available for a select group of people. If you downloaded Robinhood because of an ad that you tapped please contact firstname.lastname@example.org.
Offer only valid for selected individuals who have not completed their Robinhood application, individuals who have an approved account with no activity, and individuals who do not have a Robinhood account, who have an open retail brokerage account within 30 days of offer extension. Individual must sign up through promotional page (or advertisement) to be eligible. Cash bonus will be credited to the enrolled account within approximately one week.
3 types of users:
1. Users who don’t have robinhood and never did
2. Users who have robinhood but never submitted their application
3. Users who have an approved application but never funded or made a trade
Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice. The offer is limited to one per account, with no more than one account enrolled per customer. The cash bonus, when combined with the value received from all other offers in the last 12 months, may not exceed $500 per household. 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; and employees of any securities regulatory organization or exchange are not eligible. Robinhood may decline requests to enroll in the offer at its discretion. Other restrictions may apply.
The $5 bonus may not be withdrawn for 30 days after the bonus is awarded.
Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a cash bonus 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 bonus.