Robinhood (Fee Free Brokerage) Referral Program: $10 For Both Users – Share Your Links

Update: There is now a new offer, turning off comments on this post.

Update: Removed all the referral links that didn’t mention the $10 bonus (it must mention that otherwise you’re not currently eligible). Click for an example.

The Offer

• Robinhood is offering a $10 referral bonus for both parties when the referred user signs up and is approved for a new account.

 

The Fine Print

• Robinhood $10 referral bonus offer valid for existing qualifying clients who successfully refer a new Robinhood account. Bonuses will be credited after the referred Robinhood account is approved.
• Limit one offer per qualified referral with a maximum of one account per client.
• Cash bonus will be credited to the enrolled account within approximately one week.
• Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice.
• The cash bonus, when combined with the value received from all other offers in the last 12 months, may not exceed $500 per household.
• The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. Employees, contractors, or persons similarly associated with Robinhood or a Robinhood affiliate; members of their household; and employees of any securities regulatory organization or exchange are not eligible. Robinhood may decline requests to enroll in the offer at its discretion. Other restrictions may apply.
• The $10 bonus may not be withdrawn until 30 days after the bonus is awarded.
• onsult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a cash bonus before enrolling. For taxable accounts, the value of all Robinhood offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. Robinhood does not take responsibility for any tax related to this cash bonus.

Share Your Links

Please note that inviting friends isn’t currently available for everybody, only select users can refer friends.

You can share your link in the comments. But you must follow these directions carefully; otherwise, your comment will be removed. This is to minimize the volume of referrals in the comments.

• YOUR LINK MUST MENTION THE $10 BONUS (here’s an example link that does)
• Retweet this tweet first (make sure you retweet the linked tweet).
• Post a comment with your referral links or your email address to refer. Please include all links in one comment.
• Include your twitter username at the end of your comment. If you don’t do this, we will remove your link.

Remember to support readers that you’ve seen provide helpful comments! Let’s build a better, more helpful community by rewarding those who help!

Our Verdict

Bonus seems to post instantly to the account for the new user and as pending for the user who referred somebody. Robinhood charges no monthly maintenance fees and zero-dollar commission trades, you can read how they make money here.

Hat tip to Maximizing Money