Robinhood Zero-Commission Stock Brokerage: $5-$200 Free Stock to Link Bank + Free Stocks for Referrals (2024)

The Robinhood zero-commission stock brokerage account is now offering a $5-$200 free stock when you sign up and link your bank account, and you can earn additional free stocks through the Robinhood Referral Program.

Just sign up through this Robinhood Referral Bonus Link to get a $5-$200 free stock when you link your bank account.

When your Robinhood account is approved and you link your bank account, you’ll receive a free stock share with a value between $5 and $200 (most participants receive a reward value between $5 and $10).

Once your account is approved, you can also participate in the Robinhood Referral Program to earn an additional free stock share (valued $5-$200) for each new customer that you refer who links a bank account.

If you establish a Robinhood IRA, you can also earn a 1% Robinhood IRA Match Deposit Bonus on all of your IRA contributions, which means you can earn up to $70 in bonus cash for your 2022 contributions.

Additionally, the new Robinhood Learn and Earn Program will currently pay you $1 worth of the AVAX cryptocurrency for taking a quick lesson and quiz about Avalanche in the Robinhood App.

Robinhood offers zero-dollar commissions for self-directed individual or joint cash brokerage accounts that trade listed and OTC equity securities via web or mobile devices.

There are no fees to open or maintain your Robinhood account, and there is no minimum balance requirement to open your account.

About Robinhood

Robinhood is a brokerage account that provides free stock trading, so that you can stop paying trading commissions for every stock trade that you make.

You can use Robinhood to invest in publicly-traded companies and exchange-traded funds that are listed on U.S. exchanges.

You can place orders using Robinhood to buy and sell stocks with zero commissions.

There are no fees to open or maintain your Robinhood account, and Robinhood does not have a minimum account balance requirement for cash accounts.

You can link your bank account with your Robinhood account, which allows you to transfer funds between your bank account and your Robinhood account via ACH transfers for free.

Robinhood $5-$200 Sign-Up Bonus to Link Bank Account

1. Sign up through this Robinhood Referral Link to open your new Robinhood account.

2. Once your Robinhood account is approved, you must link your bank account with Robinhood.

3. After you link your bank account to Robinhood, you will receive a free stock share with a value between $5 and $200 (most participants receive a stock valued between $5 and $10).

4. Your bonus stock reward cannot be sold until 3 trading days after the reward is granted, and the cash value of the stock reward may not be withdrawn for 30 days after the reward is claimed.

Robinhood Referral Program Free Stock Bonuses

Once you create your free Robinhood account, you can share your referral link with friends, and you’ll both get 1 free share of stock each when their application is approved and they link a bank account.

Once your friend signs up with your referral link, gets their new Robinhood account approved and links a bank account, you will both receive a free single share of stock in each of your accounts.

The value of the free stock share will be anywhere between $5 and $200, but 98% of participants will receive a free stock that is valued between $5 and $10.

When your friend’s application is approved and they link a bank account, you may claim the stock share that you want from popular companies like Microsoft, Apple, Google, and many others.

The stock bonus will be credited to your account within approximately 1 week, but shares from stock bonuses cannot be sold until 3 trading days after the bonus is granted, and the cash value of the stock bonus may not be withdrawn for 30 days after the bonus is awarded.

You may earn up to $1,500 per year in free stock shares from the Robinhood Referral Program for referring your friends.

Robinhood 1% IRA Match Promotion

When you set up an IRA with Robinhood, the Robinhood IRA Match program will add an extra 1% bonus to your brokerage account for making eligible contributions to your IRA.

This extra 1% bonus is not counted toward your annual IRA contribution limits, and it is immediately available to invest in your Robinhood brokerage account.

For the 2022 IRA contribution limits of $6,000 for people under the age of 50 and $7,000 for people age 50 and over, you could get up to a $60 or $70 bonus through the Robinhood IRA Match promotion.

The IRA Match offer is available for all IRAs with Robinhood, and there are no special requirements in order to qualify, other than making an eligible contribution to your IRA.

Robinhood Crypto Trading with No Network Fees

Robinhood Crypto lets you trade and swap crypto with no network fees, so that if you buy $100 of crypto, you get $100 of crypto.

You can trade various cryptocurrencies on Robinhood, including Bitcoin, Ethereum, Dogecoin, Litecoin, Ethereum Classic, Bitcoin Cash, and Bitcoin SV.

With Robinhood Crypto, you get ownership over your coins with cold storage for the vast majority of their customer’s coins.

Robinhood Learn and Earn Crypto

Through Robinhood, you can get paid to learn about cryptocurrencies via their Learn and Earn program.

When you spend a few minutes learning about crypto, you can earn some crypto in return.

To participate in Robinhood Learn and Earn, you must use the Robinhood App on your phone or tablet to take the lessons.

You simply swipe through an easy-to-understand explainer, pass a multiple-choice quiz, and you’ll earn a crypto reward.

For the first lesson, you can earn $1 of AVAX for learning about Avalanche, a scalable blockchain platform.

Check out Robinhood’s zero-commission stock brokerage to earn a $5-$200 free stock share when you link your bank account, and earn additional free stock share bonuses when you refer your friends.

Robinhood Zero-Commission Stock Brokerage: $5-$200 Free Stock to Link Bank + Free Stocks for Referrals (2024)

FAQs

Robinhood Zero-Commission Stock Brokerage: $5-$200 Free Stock to Link Bank + Free Stocks for Referrals? ›

For every friend who clicks your referral link and signs up for a Robinhood account, you'll receive another reward. The range of values is the same as it is for your first free stock, so for each referral, you can earn between $5 and $200 of free stock. The maximum amount of rewards you can earn in a year is $1,500.

How do I claim my free stock from Robinhood? ›

Once your stock is ready, we'll send you a notification prompting you to claim your reward. If you forget to tap on the notification, you can claim your reward stock by navigating to Messages to check if you have new claimable stocks under Robinhood Rewards.

How much is Robinhood free stock worth? ›

You can use the cash value toward shares of the companies offered. But here is the one thing you have to understand. Notice it says “between $5 and $200 cash value.” Robinhood's current offer as of February 2024 says most will receive a value of between $5 and $10.

How to get $300 in free stock with public? ›

How to get free stock from Public? You can get up to $300 in free stock from Public by signing up and depositing $20 or more. You'll then get to claim a fractional share of stock worth $3 to $300.

Does Robinhood offer a referral bonus? ›

As soon as your friend signs up, gets approved, and links their bank or debit card, then you'll both receive gift stock. You can receive up to $1,500 in gift stocks each calendar year, so feel free to spread the word.

Can I withdraw my free stock from Robinhood? ›

The cash value from a referral stock needs to remain in your investing or retirement account for at least 30 calendar days. If you sell your free stock before the 30 days, you won't be able to access those funds in your withdrawable cash. After the 30-day window, there are no restrictions on the proceeds.

Is it safe to link bank account with Robinhood? ›

Yes, it's fairly safe to enter your bank account login info in the Robinhood app. Many people are alarmed that Robinhood asks for your bank login info when you attempt to link a bank account, and they wonder if it's safe to give Robinhood this information. The information, however, is not being requested by Robinhood.

How do you get free shares on free trade? ›

If you transfer funds into all three investment accounts you will have three opportunities to receive free shares, depending on transfer value. What free share will I get? Free shares are awarded according to the tier you fall into per account (GIA, ISA or SIPP).

Can you cash out free stocks? ›

After you sell your reward stock, you're free to use the proceeds from the sale toward other investments. However, if you want to withdraw the proceeds, you must keep the cash value of that stock in your account for at least 30 days after claiming it.

How to trade stock with no money? ›

You don't have to have a lot of money to start investing. Many brokerages allow you to open an investing account with $0, and then you just have to purchase stock. Some brokers also offer paper trading, which lets you learn how to buy and sell with stock market simulators before you invest any real money.

Why did Robinhood give me $1000 dollars? ›

With Instant Deposits, you may get up to $1,000 instantly after you initiate a bank deposit into your Robinhood account. Although you may have access to these funds right away, the transfer from your bank into your Robinhood account may take up to 5 business days.

What is the 1 bonus on Robinhood? ›

Robinhood Gold now offers a 1% bonus on non-IRA deposits. Signing up for Robinhood Gold is worth it if you deposit over $6,000 per year or use other features. The 1% match is unique but requires a long-term commitment to Robinhood Gold.

What are the 2 accounts that Robinhood offers? ›

You must have an investing account with Robinhood Financial LLC (RHF) or a crypto account with Robinhood Crypto (RHC) in order to fully utilize investment features. Crypto accounts are not available in all US jurisdictions.

Why did Robinhood give me a free stock? ›

Robinhood offers new customers free shares of stock when they sign up. This creates an incentive for them to begin investing without risk. Robinhood is one of the best ways for new traders to get into online trading. Robinhood gives free stock to U.S. citizens who link their bank account or debit card.

How to claim bonus stock? ›

Hence, to qualify for bonus shares you must buy shares before the ex-date. If you buy on ex-date the shares will not get credited to your account by the record date.

How do I claim free stock on public? ›

On the app:
  1. On the Portfolio page in the top right corner next to the Search icon, you will see a button labeled 'Rewards'
  2. Tap on the Rewards button and claim your reward!

How do I get my money back from Robinhood stock? ›

You can transfer the proceeds from the sale of your stocks to your linked account. With a bank transfer, you can withdraw money from Robinhood without incurring any fees. However, it may take a few business days for the transaction to be completed.

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