Frequently Asked Questions
How do I use a referral link to get free stock on Robinhood?
Sign up using a referral link to receive a free stock valued between $5-200 when you link your bank account, giving you the best price for starting your investment journey.
What's the maximum free stock value I can get with Robinhood promotions?
New users can receive free stock worth up to $200 through sign-up bonuses, while referrals provide additional shares worth up to $200 each, making it worth it for active users.
Do I need to make a deposit to claim my free stock bonus?
You must link a bank account to receive your free stock, but no minimum deposit is required to claim your promotional bonus and start investing.
Can I earn multiple free stocks through the referral program?
Yes, you can earn unlimited referral bonuses throughout the year, with total rewards capped at $1,500 annually for referring friends to the platform.
How does the Robinhood Gold IRA match promotion work?
Gold members get a 3% match on IRA contributions up to $210 annually, while standard users receive 1% match, making Gold membership a good deal for retirement savers.
Are there promotional offers for transferring existing retirement accounts?
Robinhood offers a 2% match on IRA transfers and 401k rollovers for Gold members until April 2025, providing significant value for moving existing retirement funds.
What happens if I don't maintain Robinhood Gold after getting the IRA match?
You must keep a Gold membership for one year and hold matched contributions for five years to retain the full 3% match benefit and the biggest savings.
Do promotional stock bonuses have any trading restrictions?
Free stock from promotions can be sold immediately after receiving it, giving you complete flexibility to reinvest or withdraw the proceeds as needed.