Robinhood Promotions: Free Stocks Bonus, 1% Unlimited Cash Bonus Transfer, 3% IRA Bonus

Find all the latest Robinhood promotions, bonuses, and offers here.

Update 5/3/24: The 1% Unlimited Cash Transfer bonus is back valid through June 28th, 2024.

About Robinhood Promotions

Robinhood is a brokerage firm largely known for offering commission-free trades. As a brokerage firm, Robinhood is insured by the Securities Investor Protection Corporation (SIPC)

However, investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Next, I will review Robinhood promotions.

Robinhood Free Shares of Stock Referral

When you refer a new member you can earn a free stocks.

• Bonus Offer: Free Stocks
• Credit Inquiry: Unknown
• Online Trades: $0 trade
• Opening Deposit Requirement: See Below
• Monthly Service Fee: Management fees starting at 0.50%.
• Early Termination Fees: Not listed

(No Expiration Date)

Robinhood 1% Unlimited Cash Bonus Transfer Bonus

• What you’ll get: 1% Unlimited Cash Bonus Transfer
• Account Type: Robinhood Account
• Availability: Nationwide
• How to earn it:
  • For a limited time, earn a bonus when you transfer an outside brokerage account to Robinhood. Whether you transfer $10,000 or $1M, get a 1% bonus, no cap.
• Terms: The bonus applies to eligible assets transferred from an external brokerage account into your Robinhood non-retirement brokerage account within the offer period, from April 30, 2024 to June 28, 2024. To keep the bonus, you must keep the money you transfer into Robinhood in your Robinhood individual brokerage account for at least 2 years.

(Expires 06/28/2024)

Robinhood 3% IRA Bonus

• What you’ll get:
  • Earn up to 3%* extra on every dollar you contribute to your IRA when you subscribe to Robinhood Gold. IRA transfers and 401(k) rollovers also earn 3% until April 30.
• Account Type: Robinhood Account
• Availability: Nationwide
• How to earn it:
  • Get a 3% bonus on IRA transfers and 401(k) rollovers with Robinhood Gold.
• Terms: “The biggest IRA match” claim validated by Radius Global Market Research who evaluated self-directed retirement account offerings at major brokerage competitors Q3 2023. *3% match requires Robinhood Gold (subscription fee applies). Keep Gold for 1 year and the IRA for 5 years. Other terms apply.

(Expires 04/30/2024)

Robinhood Cash Management 5% APY

You can earn up to 5% APY on uninvested cash that is just sitting in your account. Simply enter your email associated with your account to add Cash Management to your Brokerage account.

• Bonus Offer: 5% APY
• Credit Inquiry: Unknown
• Online Trades: $0 trade
• Opening Deposit Requirement: See Below
• Early Termination Fees: Not listed

(No Expiration Date)

Editor’s Note: The account is no longer available to join.

Earn $25 Up to $600 Deposit Bonus

You can earn up to $600 back when you deposit a certain amount of funds. See below how to earn $600

• Bonus Offer: Up to $600 Back with Deposit
• Credit Inquiry: Unknown
• Online Trades: $0 trade
• Opening Deposit Requirement: See Below
• Monthly Service Fee: Varies
• Early Termination Fees: Not listed

(Expires August 17, 2022)

Their trading experience allows investors to manage their own accounts, access their own portfolios, and make trades seamlessly across multiple devices. Access your account on-the-go with mobile and tablet apps

Robinhood Promotion Features

Applying for any Robinhood promotion will get you access to all of these wonderful features.

Departure	Destination
	Fast Execution In the stock market, a fraction of a second can mean the difference between a profit and a loss. Our team has built low-latency trading systems used by some of the world’s largest financial institutions, and we’re bringing that expertise to Robinhood. As a Robinhood customer, your self-directed orders will receive the best possible trade execution.
Real-time Market Data Robinhood’s servers stream market data from exchanges in real-time. So while some brokerages delay quotes up to 20 minutes and charge for real-time data, you’ll get timely quotes for free with Robinhood.
	Smart Notifications Robinhood notifies you in advance of scheduled events — like earnings, dividends, or splits, so you can get up-to-date information at the right time.

Author’s Verdict

These are both interesting offers by Robinhood. Commission free trades are worthwhile and any uninvested cash will earn interest.

Simply deposit money into your new account and you will have access to the tremendous resources offered by Robinhood.

On the other hand if you are looking for risk-free opportunities to earn interest consider our list of CD rates or Savings Rates.

Additionally, you can find a full list of the best brokerage promotions here. Finally, remember to bookmark this page because you will always find an updated list of Robinhood promotions here.