Robinhood is providing a $15 incentive to targeted users who deposit $1 or above and keep a positive balance until August 1, 2023. Details below.
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Offer Details
- Robinhood is offering a promotion for users to earn a cash reward.
- Users can participate by depositing $1 or more into their brokerage account.
- Eligibility for the reward requires being a direct recipient of the original email from Robinhood.
- The reward amount will be specified in the reward email or in-app promo page.
- To qualify, users must maintain a positive balance in their account until August 1, 2023.
- The cash reward will be credited to the brokerage account by August 7, 2023.
- Notifications about the availability of the reward will be sent through push notifications or email.
- It’s important to claim the reward within 30 days, as it will expire after that period.
- While the cash reward can be used for immediate investment, it cannot be withdrawn for 30 days after claiming it.
TRENDING DEAL:
Fine Print
- Eligibility: The promotion is available to eligible current Robinhood Financial customers who receive a direct email or push notification from Robinhood. Customers must fund their Robinhood Financial taxable brokerage account between July 11, 2023, and August 1, 2023, and maintain a positive account balance through at least August 1, 2023.
- Offer Period: The promotion starts on July 11, 2023, at 4:00:00 PM ET and ends on August 11, 2023, at 2:59 PM ET.
- Offer: Customers who deposit $1 or more into their Robinhood Financial taxable brokerage account and maintain a positive balance throughout the Offer Period will be eligible to receive a cash reward. The specific cash reward amount will be granted on August 7, 2023.
- Withdrawals: Withdrawals from the account, such as debit card transactions, ACH transfers, or ACAT transfers, may impact eligibility for the cash reward. However, purchasing investment options like stocks on Robinhood’s platforms will not count as withdrawals.
- Limitations: Each qualified funding of the account is eligible for one offer, with a maximum of one account per customer. The cash reward must be claimed within 30 days of receipt, and it cannot be withdrawn for 30 days after claiming. Robinhood reserves the right to change or terminate the offer at any time. The offer is only available to U.S. residents and may have additional restrictions.
- Taxes: Customers are advised to consult with a tax advisor regarding the tax treatment and implications of receiving a cash reward. The value of the cash reward may be reported as Other Income on a Form 1099-MISC for taxable accounts.
- Disclaimer: Participation in the program does not constitute investment advice or a recommendation. Robinhood is not responsible for any associated taxes, and the offer is subject to applicable regulations and jurisdictions.
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Bottom Line
Nice little offer if you’ve been targeted. See more offers from Robinhood below.
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