Open Robinhood Account
Robinhood Promotion Details
This is a limited-time Robinhood promo. When you open a Robinhood account, the brokerage gives you
a reward value between $5 and $200. You can then choose from a list of available companies and use that
reward to claim stock. You do not need enough value to buy a full share because Robinhood supports fractional-share investing.
Company options rotate but include some of America’s top stocks, such as Apple, Tesla, and Microsoft.
You can sell the stock or fractional share 3 trading days after you claim it. If you sell the reward stock, the sale proceeds can be used for other investments right away, but the cash value of the reward must remain in your account for at least 30 days after the stock is claimed before that amount can be withdrawn.
If you already have a Robinhood account, you can also use the free-stock referral promotion. If
you invite a friend, both of you can receive gift stock. You can refer several friends and earn up to $1,500 in free stock per year. Your friends must sign up, be approved, and connect a bank account or debit card. That’s it!
Robinhood IRA Bonus
Robinhood IRA Promo Explained
Robinhood’s IRA promotion lets Gold members earn a 3% match on eligible annual contributions, while customers without Gold can earn a 1% match on annual contributions. IRA transfers and old 401(k) rollovers into self-directed IRAs receive a 1% match, whether or not the customer has Gold.
Is Robinhood actually giving customers extra money? Yes, but the offer has rules and restrictions. For example, you must keep the IRA assets that earned the match in your IRA for at least 5 years, or Robinhood may charge an early IRA match removal fee. Gold members must also keep Robinhood Gold for at least 1 year after receiving their first Gold match to keep the full Gold match. Keep reading for the main details and answers to the most important questions about the promotion.
Who is Eligible for the Robinhood IRA Promotion?
Both new and existing Robinhood customers are eligible for the Robinhood IRA promotion. Robinhood offers Traditional and Roth IRAs, and contributions to either type of self-directed IRA can qualify for the match. Whether you can contribute to a Roth IRA or Traditional IRA, and which account may fit you better, depends on IRS rules and income limits for each IRA type.
If you are not sure which IRA type you are eligible for or which account would be better for you, Robinhood does include a comparison guide and information about income limits to help you figure out the right type of IRA for you when you are going through the process of getting a new IRA set up.
How Does the Robinhood IRA Promotion Work?
Whether you already use Robinhood or are opening your first Robinhood account, the first step is to open an IRA. Robinhood allows you to open one Roth IRA and one Traditional IRA. You can easily open an IRA in the Robinhood app by tapping the menu icon with the two overlapping rings, as seen in the screenshot below.
Next, make sure you have a funding source available. Eligible annual contributions can be made from a linked external bank account or from a self-directed Robinhood individual or joint investing account. You can also use a Robinhood Banking account by first moving money to your individual or joint investing account and then transferring it into the IRA.
After your Robinhood IRA is open and a funding source is ready, you can begin contributing to the IRA. You may make one-time transfers or set up recurring transfers. Whether you contribute the full annual maximum in one transfer or make smaller contributions during the year that add up to only $2,000, you will receive a 1% match in your Robinhood IRA, or a 3% match on eligible annual contributions if you have Robinhood Gold.
You do not need to complete a separate claim step to receive the match. The cash is added directly to your IRA automatically. In most cases, you receive the match soon after your deposits settle, although the exact timing depends on the deposit type.
5-Year Contribution Holding Period
For every contribution that receives a match, you must keep the assets that earned the match in your IRA for at least 5 years after the contribution date to keep the full match. Here is an example.
Suppose you contribute $5,000 to your Robinhood IRA on January 31, 2026, and receive a $50 match. Later that year, your IRA grows to $8,000. Then an emergency comes up, and you need to withdraw $2,000, leaving your IRA balance at $6,000. Because the account still holds at least your original $5,000 contribution plus the $50 match, you would still keep the $50 match. However, if you transferred the remaining $6,000 out of Robinhood before the original contribution’s 5-year holding period ends on January 31, 2031, you could lose the match reward.
Other Details About Robinhood Sign Up Bonus
Robinhood’s IRA match does not count toward your annual IRA contribution limit. Robinhood
states that the match cash reward is treated as interest income inside your IRA. Because of that, the match amount is not reported on Form 1099-INT for the tax year when you receive it. Robinhood recommends speaking with a tax advisor; however, it says match reward amounts generally may be taxable when you take a distribution from your IRA.
Written by Alex Bost
Updated on 7/14/2026.
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