How long does it take to get Robinhood's bonus?

You get your Robinhood Transfer Bonus right after your transfer settles, typically five to seven days after beginning the transfer. You get your Robinhood Gold Sign-Up Bonus when subscribing to one month of Robinhood Gold. Robinhood doesn't specify how long it takes to get the Robinhood Gold Card Referral Bonus . You get your regular Referral Bonus once your referral links their bank account to Robinhood.

How often can you get a Robinhood bonus?

You get the Robinhood Transfer Bonus on all transfers made within the promotional period. You can claim the Robinhood Gold Sign-Up Bonus only once, the first time you sign up. You can only claim one Robinhood Gold Card Referral Bonus . You can earn up to $1,500 in Referral Bonus per calendar year.

Robinhood Promotions of 2024

Robinhood likes to offer limited-time promotions to members and non-members. Below are its current promotions, including how much you could earn.

Robinhood Transfer Bonus: Earn 1% match on transfers into Robinhood joint or individual investing accounts

Ratings Methodology

2025 Award Winner

Robinhood

Our Rating:

Rating image, 4.5 out of 5 stars.

4.5/5

Bottom Line

Robinhood is a simple, low-cost brokerage with a few rare perks. It matches retirement deposits like an employer, the interface is gorgeous, and it's extremely affordable. No matter what or how you trade, Robinhood fees tend to match or beat the competition. It's worth a look.

Fees:

$0 for stocks, ETFs, and options; up to $5 monthly for Robinhood Gold

Account Minimum:

$0

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How you earn it: Transfer assets into Robinhood from another brokerage. Keep the money on the brokerage platform for at least two years.

How you qualify: Initiate the transfer during the offer period. Transfers must be brokerage account transfers, not regular deposits (like bank account deposits).

Details: This bonus counts toward net transfers. If you transfer $1,000 into your account and transfer out $600, Robinhood will only match the remaining $400.

If you transfer $7,500 or more into Robinhood, you can contact Robinhood to get up to $75 of transfer fees reimbursed. Robinhood doesn't charge fees for transferring money in, but your other broker might charge you for transferring money out.

Offer expires: Oct. 1, 2024.

Ratings Methodology

Robinhood Gold

Bottom Line

Robinhood Gold can be an excellent value for people who regularly use margin, keep lots of uninvested cash in their accounts, or who take full advantage of IRA investing.

Fees:

$5 monthly

Account Minimum:

N/A

Special Offer

Get a 3% match on IRA contributions each year with Robinhood Gold

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How you earn it: Sign up for one month of Robinhood Gold.

How you qualify: Open a Robinhood brokerage account.

Details: Robinhood Gold offers members a handful of perks for $5 monthly. Some of the biggest include a boosted APY on uninvested brokerage deposits and better margin rates. Robinhood Gold members pay no interest on the first $1,000 they borrow; however, members who let their free trial expire will immediately begin accruing interest on that money.

If you don't want to pay monthly fees to Robinhood after your free trial expires, make sure to repay any margin you've borrowed. Your Robinhood Gold membership renews automatically, so if you want to cancel, you must do so manually.

Offer expires: N/A

Robinhood Gold Card Referral Bonus: Earn a solid gold credit card or $1,100 in cash by referring 10 friends to Robinhood Gold

How you earn it: Refer 10 friends to Robinhood Gold. They must sign up for the Robinhood Gold Card waitlist through your referral link before subscribing to Robinhood Gold. Referred customers must pay for the first month of Robinhood Gold (the free trial doesn't count).

How you qualify: Sign up for the Robinhood Gold Card waitlist. Robinhood will send you an invite code via email or through your Robinhood app. You do not need to be a Robinhood user or Robinhood Gold member to sign up for the waitlist and win a prize.

Details: Anyone can qualify by signing up for the Robinhood Gold Card waitlist; it's not exclusive to Robinhood users. So long as friends (1) sign up for the waitlist through your link and (2) subscribe to Robinhood Gold through your link, you can win. You can win even if you and your referrals aren't approved for the credit card. If you win but are not approved for the card, you'll get the $1,100 cash equivalent prize instead of the solid gold card.

Speaking of prizes, the card is 10-karat gold and weighs 36 grams. It's a usable credit card that functions like the typical stainless steel Robinhood Gold Card. Overachievers beware, you can only win once. Also, if you lose your solid gold card, there are no replacements. Your prize counts as taxable income. Only the first 5,000 participants to refer 10 qualified customers will earn a prize, so speed matters.

Offer expires: Once the first 5,000 participants successfully refer 10 qualified customers or Robinhood ends it. Robinhood says it will notify participants ASAP once this promo ends.

Referral Bonus: Earn $5 to $200 in free stock by referring a friend to Robinhood

How you earn it: Refer friends to Robinhood. In the app, select "Earn Stock." Send invites to contacts or share your referral link to earn. On the desktop, select "Rewards" and share your referral link to earn. You'll get $5 to $200 of gift stock when a friend signs up, gets approved, and links their bank account or debit card. Be sure to claim it within 60 days, or else it expires.

How you qualify: Check your reward eligibility. If you see the correlated promotional screen, you are eligible.

Details: You earn $5 to $200 gift stock per referral. There is a 99% chance of earning $5, 1% of earning $10 or more, and a 0.1% chance of earning $200. The max you can earn is $1,500 per calendar year. Once you claim a gift stock, you must hold it for three trading days before selling. To withdraw your gift amount from Robinhood, you must wait 30 days.

It's pretty straightforward -- once a friend links their bank account, both members get free stock. Most people will earn $5 worth of stock per referral. Some will earn more, but they're the exceptions to the rule. These days, Robinhood lets you pick which stock to apply your referral reward toward instead of picking a stock at random -- and referral money can be used to purchase fractional shares.

Offer expires: This offer renews each calendar year.

What else should you know about Robinhood bonuses?

Robinhood frequently updates its promos, so it's worth checking in once a year to see if anything has changed. We track the latest Robinhood promotions here.

Are Robinhood brokerage promotions worth it?

Robinhood brokerage promotions may be worth the effort to Robinhood members. Check out the best broker bonuses available now to compare this bonus to other offers.

Robinhood Transfer Bonus: Consider transferring your brokerage assets to Robinhood if you're comfortable leaving them on the platform for at least two years. It's an easy way to earn an extra 1% on your investments.

Robinhood Gold Sign-Up Bonus: Robinhood Gold offers better rates, tools, and deposit matching to members, especially members with retirement accounts. Check out the perks before signing up. They're not for everyone, and the Robinhood Gold subscription auto-renews. Don't pay $5 monthly for something you never use.

Robinhood Gold Card Referral Bonus: Consider chasing this bonus if the following is true: (1) Your friends would benefit from paying for Robinhood Gold, and (2) you know at least 10 people who might benefit. Otherwise, your chances of earning a solid gold credit card before the promo expires are slim. The Robinhood Gold Card is best suited for active Robinhood Gold members who want to earn 3% flat rewards on everyday purchases.

Referral Bonus: Refer friends to Robinhood if the platform suits them. Robinhood is an excellent platform for beginner investors and frequent traders.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2024.

Broker	Best For	Commissions	Learn More
Rating image, 4.0 out of 5 stars. 4.0/5 Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.	Easy fractional investing in stocks and bonds.	$0 commissions, 1%-2% crypto markups	Learn More for Public On Public's Secure Website.
Rating image, 4.0 out of 5 stars. 4.0/5 Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.	Low mutual fund fees.	$0 per trade	Learn More for J.P. Morgan Self-Directed Investing On J.P. Morgan Self-Directed Investing's Secure Website.
Rating image, 4.5 out of 5 stars. 4.5/5 Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.	Long-Term Investors, Stocks and Options Traders	Commission-free; other fees apply	Learn More for ETRADE On ETRADE's Secure Website.

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FAQs

You get your Robinhood Transfer Bonus right after your transfer settles, typically five to seven days after beginning the transfer.
You get your Robinhood Gold Sign-Up Bonus when subscribing to one month of Robinhood Gold.
Robinhood doesn't specify how long it takes to get the Robinhood Gold Card Referral Bonus.
You get your regular Referral Bonus once your referral links their bank account to Robinhood.
You get the Robinhood Transfer Bonus on all transfers made within the promotional period.
You can claim the Robinhood Gold Sign-Up Bonus only once, the first time you sign up.
You can only claim one Robinhood Gold Card Referral Bonus.
You can earn up to $1,500 in Referral Bonus per calendar year.

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