Robinhood Referral Bonus

Robinhood Referral Bonus Guide | FREE Stock Up to $200 in Value

Use this Robinhood referral bonus guide to nab your Robinhood free stock today.

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Robinhood Free Stock Promotion

🔥 Free Stock Value$5 – $200
💸 Use Promo LinkFREE Stock Promo Link
👨 EligibilityNew Account Holders
RequirementLink Bank Account or Debit Card
Promo ExpiresDecember 31st, 2024

The Robinhood referral bonus promotion will get you a free stock reward valued between $5 – $200. You must be a new Robinhood account holder and link your bank account or debit card in order to qualify.

Use this referral promotion link to join today and earn your free stock! 

Robinhood Referral Bonus Guide

When you use a Robinhood referral bonus link (such as this one) to open a new account, you’ll get free fractional shares from Robinhood worth up to $200.

It’s one of the easiest free money stock bonus rewards to claim. 

This guide will walk you through the process of getting your free stock, as well as the criteria to qualify.

How to Get Free Robinhood Stock

Follow these simple instructions to get your Robinhood sign-up bonus.

  • Submit application and get approved
  • Link a bank or debit card

It’ll take a few days for Robinhood to review your application. 

Once the review process is complete, they’ll either instantly approve you for a new account or request more information from you.

Robinhood Free Stock Promotion

During the waiting period, you’ll have the ability to queue one deposit before your account has been approved. 

Robinhood will only initiate the transfer from your bank account to Robinhood if you are approved for an account. 

Though to be clear, you don’t need to deposit any money into your account in order to get your free stock from Robinhood. This is optional to do.

The Fine Print

Here’s additional information about the free stock sign up bonus.

  • Robinhood free stock offer applies only to US citizens
  • Must have never previously opened or had a Robinhood brokerage account
  • Your gift stock reward must be claimed within 60 days through the Robinhood platform. Otherwise, it will expire and be forfeited.

How Much Will I Get?

According to Robinhood, the cash value you’ll receive could be between $5 – $200. 

Keep in mind that approximately 98% of participants will receive a cash value reward of $5 – $10. 

Another 1% of participants will receive between $10 – $20, and approximately 1% of participants will receive a cash value reward of $20 – $200.

You can use your gift reward to claim fractional shares from a list of top S&P 500 companies chosen by Robinhood and subject to inventory availability.

How Do I Claim My Robinhood Bonus?

Recently, I received an email from Robinhood with instructions on how to claim my free gift stock reward. 

It had the subject line: Your gift stock is waiting for you.”

Robinhood Claim Gift Stock

Within the email was a reminder of the date in which I had to claim my free stock reward before it expired. There was also a button that I could tap on labeled Claim Gift Stock.’ 

Once I clicked on the button, it opened my Robinhood app where I was able to see my $5 free stock reward. 

Robinhood Claim Stock

I then claimed my cash value reward for fractional shares from the Robinhood free stock list.

(P.S. – If you don’t tap on the notification button, then you can claim your gift stock in the Rewards section within your app.)

When Can You Sell Your Gift Stock Reward?

If you happen to be the recipient of one of the larger stock rewards, then you may be inclined to want to sell it and cash out. 

If that’s the case, then just know that Robinhood stock rewards must be held for at least 3 trading days.

Robinhood Stock Rewards 3 Day Trading

Once that time passes, you’re free to sell your fractional shares and reinvest it. 

If you want to withdraw the proceeds, however, you must keep the cash value of that stock in your account for at least 30 days after claiming it. 

After this wait period, you can transfer the money to your bank account.

What Free Stock Does Robinhood Give?

You’ll be able to pick your gift stock from the Robinhood free stock list of 20 of America’s leading companies. These will be some of the top S&P 500 companies in their respective sectors.

Here are examples of available fractional shares to choose from at the time of this writing:

  • Tesla (TSLA)
  • Berkshire Hathaway (BRK.B)
  • Amazon (AMZN)
  • Apple (AAPL)
  • Microsoft (MSFT)
  • Alphabet Class A (GOOGL)

I chose $5 worth of Amazon fractional shares for my reward, and plan on keeping it instead of cashing out. 

Maybe I can turn this $5 gift reward into $10 in a couple of years! ha!

Robinhood Referral Program – Earn Up to $1,500

The Robinhood referral bonus reward is not limited to only new account members. 

Existing qualifying Robinhood brokerage customers can participate in the referral program and earn upwards of $1,500 in gift stocks per calendar year.

Robinhood Referral Rewards
Robinhood Referral Rewards

Simply use the Robinhood referral link assigned to you, which can be found in your app, and share it with your friends and family to start earning! 

Both you and your referral will each earn a cash value reward between $5 – $200, once your referral meets the reward gift requirements.

Your free stock reward can be used towards picking fractional shares.

Stock reward will be credited to the enrolled brokerage account within approximately one week after the referral bonus reward is claimed.

It’s one of the many refer-a-friend app programs I actively participate in to make extra side hustle money!

Robinhood Overview

Robinhood’s mission is to democratize finance for all. 

They have led the charge by being the first investment finance company to offer commission free brokerage accounts. Since their official launch in March of 2015, Robinhood has added to their portfolio of services, which now extends past investment only services. 

Robinhood currently offers spending, investing and retirement accounts. They also offer the Robin Wallet app, which is a self-custody wallet that’s your portal to web3, where you can swap crypto with no network fees on Polygon.

Robinhood Alternative

There are plenty of other apps with free stocks for signing up. One great alternative to the Robinhood referral bonus is the Webull referral bonus

Webull offers you a sign up bonus of up to 12 free shares worth anywhere between $3 – $3,000 each. Simply open a new account with a referral link and make a deposit of any amount to get your free stocks.

I received $30 in shares from my free stocks, but have seen other people get even bigger rewards in the thousands. My luck wasn’t as great as theirs apparently! 

Additionally, when you refer a friend to Webull you’ll earn free shares as well! 

Robinhood Referral Bonus Conclusion

I’ve been a recipient of many Robinhood referral bonus rewards, and I can tell you that getting free money bonuses never gets old! 

Sign up for a free Robinhood account today using this Robinhood promo link, and start racking up your gift stock rewards today! 

Interested in other free money rewards? Check out this list of companies that dish out $25+ sign up bonus rewards.

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