The Offer
Direct link to offer, deal is targeted according to the terms
- Robinhood is offering a new user sign up bonus of up to $1,250. Bonus you receive depends on the amount you deposit and hold (30 day hold period).
- Deposit $1,000-$4,999 and get $25 bonus
- Deposit $5,000-$9,999 and get $100 bonus
- Deposit $10,000-$24,999 and get $200 bonus
- Deposit $25,000-$49,999 and get $350 bonus
- Deposit $50,000-$99,999 and get $500 bonus
- Deposit $100,000+ and get $1,250 bonus
The Fine Print
- 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.
Our Verdict
Terms say you can also get a free stock reward. Funds need to be deposit as cash, but can be held as cash or invested. Bonus is great, shame it’s not available for everybody.
Hat tip to reader Shawn
