Deal has ended, view more Robinhood deals by clicking here.
Update 10/11/24: Another round of targeted offers has been sent out. Valid 10/8 – 10/22
Update 9/12/24: Previously this was a targeted deal for to entice people to join Robinhood Gold. Now some existing Gold members are seeing this offer in the app. It’s valid 9/11/24 – 9/25/24; full details at this Robinhood link. It’s possible that not all Gold members are seeing this; it might be targeted. (ht AllwaysLearning22)
Update 8/27/24: Deal is back. Hat tip to reader Vince. Some people are seeing a better offer for $125 this time around.
Contents
The Offer
Direct Link to offer (keep in mind not everyone is eligible; you must see this offer in app to be eligible)
Some people are seeing in their Robinhood alerts the following deal:
- Get $100 (others got $50) for doing the following
- Join Robinhood Gold and keep it through September 23, 2024
- Deposit $2,000 or more in your individual account by August 23, 2024
- Claim your bonus by October 23, 2024
Our Verdict
Looks like an easy-ish deal if targeted. I’m not seeing any holding period for the $2,000, so this should be an easy-ish way of netting $100 or $50 (depending on your offer details).
Hat tip to Bockrr
View Comments (240)
Finally got through to a chat agent by letting it sit overnight and jumping on it when one came on; twice actually, the first time I missed it and they ended the chat after a minute or two. Chatted with support on 12/12 and got the $200 credit 12/13.
So after promising me the bonus initially and then confirming I met the requirements, they are now refusing to pay out. Think I might have to file a complaint which is too bad because so far things were going well with RH.
Hmm, what about the Twitter CS page? Maybe that’d go different?
Adding a data point: got a targeted email - "$150 for $2000" investment.
Funded on 9/23. $150 posted on 10/26.
Lost it all (so far) - because I didn't just keep the fund, but invested it in high-volatility instruments. Loss would be deeper without the bonus, lol. But - HODLing!
Thank you to everyone here, awesome community! Real help and to-the-point information for those of us coming with barely a shirt out of lawless misandrist Family Courts.
Has anyone else been getting ghosted by Robinhood chat recently? They used to respond to me very quickly (within 5 minutes). For the past couple weeks the chat request just hangs for hours. Anyone else?
Yup. The $200 didn't post so I tried chat twice, 1st attempt hung for several hours and my second (during biz hours) is at 2
@guest_1894403 Currently trying their support Twitter page @AskRobinhood. They say they'll message me back after contacting a "specialized team"
My 2nd Robinhood Gold payment posted recently. Did everyone cancel Gold and withdraw? With $1k in interest free, it seems like a no brainer but wanted to get everyone else's thoughts.
Terms state you have to keep Gold & bonus in for a year
Ah, that's right -- thanks for the reminder. Going to cancel gold after 12 months, and keep the money in there. What are you currently invested in with the cash? I have it in SGOV which includes the $2K deposit and $1k in interest-free.
Personally I'm taking it out once I get the $200. Would rather have the cash over 7.5%ish APY. SGOV seems solid though
So.. what about the terms? Lol.
Terms don’t say you have to keep the 2k for a year, just the reward & a Gold subscription. At least mine didn’t
When did you open yours? I think mine said the same. They did have 2 offers with 2 different terms (but same offers)
between August and September I believe.
10/22
$200 posted instantly once I submitted the $2000 transfer.
Just wanted to report for the round where it said it would pay out by October 26th, I got paid out. Make sure you log into the app because you actually have to claim it. I only kept the 2000 in there for a few days after it settled. Great deal since I already had Robinhood and didn't have to waste a chex pull or anything.
Now if they would just invite me to their darn card already...
How do you claim it? If I recall from round one they sent an email and I clicked through.
Did you get an email? I didn't get the $100 payout for the $2k deposit on this recent October run. I contacted customer service and they are supposedly going to look into it though.
Also didn't receive for the October 26th $100/2K round. Support said I should receive it by the end of today.
Any update? I still haven't seen anything from them on my account and P2s despite their promises that we were eligible and met the requirements.
This $200 offer popped out when I logged into app but I was unable to deposit $2000 right away so I clicked later, but strangely I couldn’t find this offer anymore in the app . Anyone experienced this? Will I still get $200 if I don’t deposit through the offer link?
Check for an email, maybe your spam box too. I got a few emails as well as the push notification. From the terms though, it doesn't seem like you have click directly through anything: https://robinhood.com/us/en/support/articles/ng-with-deposit-cash-sept-2024/
I got the offer for $200 bonus with $2,00 Deposit. However, I need to keep Gold for one year, and will not be able to withdraw the bonus until after 1 year...
https://robinhood.com/us/en/support/articles/ng-with-deposit-cash-sept-2024/
I got the same offer and transferred in my money. The $200 bonus appears right away in your account once you sign up for Robinhood Gold and do a transfer in of $2000+.
$2000 earns 4.5% apy interest + 0.5% apy deposit bonus = $8.33/mo
$200 bonus earns 4.5% apy interest = $0.75/mo
Robinhood Gold fee = $5/mo
Total earned in a year with $2000 deposit = $247.76 or $20.645/mo or 12.4% apy
The $5*12 fee isn’t tax deductible so $308 is the taxable amount instead of 247 unfortunately.
Yes keep $2000 in the account to get $7.5 interest per month. It can cover the $5 fee..
Got 200. Can I just cancel the gold membership ?
FYI for us day traders with cash accounts, no margin enabled on cash accounts. So not able to borrow the $1k and stick it into sgov to recoup the fee for gold.