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- For a limited time, Robinhood is offering bonuses to users who transfer investments to the app.
- From October 16 to 27, claim HOOD Week bonuses of up to 3% on transfers for Robinhood Gold subscribers.
- These bonuses are uncapped, and paid on everything from brokerage accounts to IRAs.
Whether you simply put your money in a retirement account, trade stocks on a regular basis, focus on your favorite ETF, buy and sell options, or even try out more exotic investments like commodities, you have so many ways to invest, and so many choices to make.
If you’ve been considering choosing Robinhood Investing for your investments, the platform’s brand-new HOOD Week is the time to make the switch. For a limited time from October 16 to 27, you can unlock special bonuses you typically wouldn’t get when you move your investments — some or all — into Robinhood.
Robinhood is offering unlimited, percentage-based bonuses
During HOOD Week, Robinhood will offer the following:
- 1 % on brokerage transfers for both individual and joint accounts
- 2% on transfers with margin balances (minimum $10,000)
- 3% on IRA transfers with Robinhood Gold
- Unlock special bonuses for 12 days only during HOOD Week.
- Join Robinhood Investing
These bonuses are uncapped, so no matter the size of your portfolio, you can be rewarded for transferring your investments.
A 3% bonus like the one you get with an IRA transfer might not seem like much, but over time, it can dramatically increase the value of your investments thanks to compound interest.
According to the Federal Reserve, in 2022, the average person in the U.S. under 35 had $49,130 in a retirement account. The IRS sets contribution limits for retirement accounts, and in 2024, the limit is $7,000 a year.
If you already pay for Robinhood Gold, which comes with a 3% IRA match on eligible contributions, you can earn a nice bonus right now. If you’re not already a Robinhood Gold member, you can sign up for $5 a month, and there’s a good chance that the 3% bonus means the membership will pay for itself.
HOOD week and its exclusive trading bonuses only last until October 27. Start any transfer by then to maximize your bonus.
Robinhood Investing
Account Minimum
$0 ($1 for fractional shares; $2,000 for margin trading)
Fees
0% ($5/month for Robinhood Gold)
- Free stock, option, ETF, and cryptocurrency trades; 0.01% APY on uninvested cash for non-Gold users and 5.00% for Gold members
- IPO investing available
- Cash management accounts available
- Website is easy to navigate; advanced charts for all users
- Lack of investing research and trading tools; can only take advantage of professional research if you’re a Robinhood Gold member
- No joint accounts, education savings accounts, or mutual funds
Product Details
- App store rating: 4.2 iOS/4.0 Android
- Consider it if: You want to trade crypto and invest in a wide range of stocks and ETFs.
Investing is risky. Bonus offers subject to terms and conditions, visit robinhood.com/hoodweek for more information. Margin is not suitable for all investors. Robinhood Gold is offered through Robinhood Gold LLC and is a subscription offering services for a fee. Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer.
*This content was created in partnership with Robinhood
