Robinhood Brokerage Transfer Bonus
For a limited time, earn a bonus when you transfer an outside brokerage account to Robinhood. Whether you transfer $10,000 or $1M, you will receive a 1% bonus with no cap.
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.
Only account transfers earn the bonus and not other transfers, like ACH transfers. You must initiate the account transfer during the offer period, although the account transfer may settle outside this period.
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Important Terms
- When you transfer eligible assets from outside brokerage accounts into your Robinhood non-retirement individual investing account starting at 12 AM ET on April 30, 2024 until 11:59 PM ET on June 28, 2024, you’ll get a 1% bonus on top of the net transferred asset value.
- Only account transfers earn the bonus and not other transfers, like ACH transfers.
- You must initiate the account transfer during the offer period, although the account transfer may settle outside this period.
- You’ll earn a 1% bonus on the net transferred asset value, including transferred cash, securities, and options, on the trading day before transfers settle. Transferred options are valued by using the national market system closing price of each position.
- It typically takes 5-7 business days for transferred assets to fully settle into your Robinhood account.
- The bonus is reported as interest income in your individual investing account.
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