Robinhood is working “HOOD Rewards Season” from 2/19-3/25, which incorporates the return of some aggressive account switch bonuses. Noteworthy are the three% whole match when you’ve got $10,000 in margin (which you’ll “create” beforehand) and the two% match that features 401k rollovers. Nevertheless, notice that they’ve very lengthy minimal holding intervals the place you’re caught at Robinhood (and might’t pursue different alternatives) or they may clawback the bonus. Transfers should be initiated by March 25, 2026 to qualify.
- 2% bonus on ACATS transfers to your Robinhood joint or particular person taxable brokerage account from an exterior brokerage. 5-year minimal maintain interval + Robinhood Gold ($5/mo or $50/yr) membership for a yr required.
- 3% whole bonus on ACATS transfers (1% further) with a margin stability of $10,000 or extra to your Robinhood joint or particular person taxable brokerage account from an exterior brokerage.
- 2% bonus on ACATS transfers to your Robinhood IRA, together with 401k rollovers. 5-year minimal maintain interval + Robinhood Gold ($5/mo or $50/yr) membership for a yr required.
- 3% bonus on IRA contributions. This can be a customary provide for Robinhood Gold clients, however nonetheless value noting in case you are becoming a member of the Robinhood ecosystem. 5-year minimal maintain interval.
- Robinhood may even cowl outgoing switch charges (as much as $75) if you happen to switch $7,500+ in belongings.
- Extra unknown promo will drop on March third, 2026. They’re additionally saying new merchandise/options on March 4, 2026.
Full phrases at Robinhood.com/hoodrewardstransfer.
The two% bonus on taxable account transfers requires a subscription with Robinhood Gold ($5/mo) and clients should keep subscribed to Gold for 1 yr after receiving every Gold match to maintain the complete Gold match. A 1% match is obtainable to non-Gold clients, no subscription required. The funds that earned the match be saved within the account for not less than 5 years to keep away from a possible chargeback of the bonus. Switch should be initiated by March 25,2026 to qualify. Provide solely applies to self-directed particular person or joint taxable accounts. For extra info consult with Hood Season Account Switch Bonus at robinhood.com/hoodrewardstransfer??
The extra 1% margin bonus is obtainable to all clients who’re permitted for a margin account and switch a margin stability of not less than $10,000 utilizing ACATS.
In case you don’t need to transfer your cash round on a regular basis, I feel it is a fairly good promo. In case you transfer over a $100,000 portfolio for five years, that’s $3,000. In case you transfer over a $1,000,000 portfolio for five years, that’s $30,000. If in case you have a $100,000 portfolio parked at Merrill Edge, given the upcoming Most well-liked Rewards adjustments, examine this bonus in opposition to potential money again. Could be higher to take the upfront cash than to chase the next tier. Robinhood now has over $300 billion in belongings beneath custody.
It’s not exhausting to “create” a $10,000 margin stability by shopping for some further SGOV/VBIL in your account proper earlier than the ACAT switch (assuming you’ve got sufficient fairness collateral), do the switch, after which repay the margin by promoting the SGOV/VBIL proper after the switch is accomplished. You’ll simply pay slightly margin curiosity within the meantime, ought to be lower than $10 as your SGOV/VBIL will earn curiosity as properly (value ought to improve in interim if no dividend distribution). Robinhood desires buyers that use margin, as they are usually extra worthwhile.