[Expired] [YMMV] Robinhood Gold Members Get $100-$125 For Depositing $2,000

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.

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.

  • 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.

      • 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.

  • 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?

    • 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.

        1. 4.5% apy interest might fall over the next 12 months;
        2. As a gold member, you can have $1,000 margin without interest;
        3. Best way is to invest $2000 + $1000 + $200 all in SGOV.
        4. Then after 12 months, cancel Gold.
  • 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.