Open account, pick your stock

Sign up to get started and get your reward stock. Certain limitations apply.

Once you’re approved and have linked your bank account or debit card, you’ll earn a specified dollar amount and can pick your reward stock from a list of our top traded companies.

You can use the cash value toward fractional shares of the companies offered. Fractional shares are pieces, or fractions, of whole shares of a company. The list of companies you can choose from are selected by market cap for their respective sectors.

The cash value you receive is $20. You can use this reward to claim a fractional share of a stock!

You’re allowed to sell your reward stock 3 trading days after you claim it. Once you’ve sold it, you’re free to use the proceeds from the sale to buy other stock.

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. After that 30-day window, you can withdraw the proceeds with no restrictions.

Robinhood Financial LLC (“Robinhood”) $20 fractional stock reward offer is subject to these Terms & Conditions.

Eligibility. The $20 Fractional Stock Reward Offer is only valid for new customers of Robinhood who have never previously had a Robinhood brokerage account, apply for and are approved for a Robinhood brokerage account, link their bank or debit card to their Robinhood brokerage account, and are Robinhood customers in good standing (Eligible New Customer). This Offer is available starting on May 4, 2023 1:00 PM PT and ends on May 17, 2023 11:59 PM PT (Offer Period). Anyone who does not meet the conditions in this paragraph is not eligible for this Offer. Robinhood may decline requests to enroll in the offer without notice and at its sole discretion.

Offer. For eligible customers, Robinhood will provide $20, and the eligible customer must use that dollar amount entirely on purchases of whole or fractional shares of stocks that Robinhood makes available through this program. The 20 stocks that are available to choose from are selected by choosing the two largest S&P 500 companies within the top 10 sectors, both based on market cap, per 09/16/2022 data shown by TradingView, an unaffiliated entity. Occasionally, Robinhood’s inventory of settled shares may not include any given stock among this group for various reasons, including if Robinhood is out of inventory for any given stock or fractional stock. Neither receipt of a share or a fractional share of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security, investment advice or recommendation of any security, transaction, account type, investment strategy involving securities, or order. All eligible customers who fulfill the conditions of this program will receive a cash value that they can only use to purchase whole or fractional shares pursuant to this program.

For the pricing of fractional shares, Robinhood will endeavor to price fractional shares at the last trade price. While Robinhood endeavors to price fractional shares as of the time that the reward is claimed, there may be a small lag time, such as a minute, between when the reward is claimed and the fractional shares are priced.

Limitations. Rewards will be credited only if the referred Robinhood brokerage account is approved and the reward is claimed within 60 days through the Robinhood platform. Rewards that are not claimed within 60 days will expire. In the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the customer’s Robinhood brokerage account, Robinhood reserves the right to either decline to grant the whole or fractional share stock reward, or to rescind or liquidate the stock or any related dollar proceeds if the customer sells their stock reward. Limit one offer per qualified referral with a maximum of one brokerage account per referred client. Stock reward will be credited to the enrolled brokerage account within approximately one week after the reward is claimed, though this timeline may be delayed in Robinhood’s sole discretion if, for example, Robinhood determines that there is indicia of fraud or a violation of these Terms. Shares or fractional shares from stock rewards cannot be sold until 3 trading days after the reward is granted. The cash value of the stock reward may not be withdrawn for 30 days after the reward is claimed. Robinhood cannot provide information about someone else’s account or application status. Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice. The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. In particular, the offer is not available in conjunction with any other offer related to stock rewards for new Robinhood customers. Employees, contractors, or persons similarly associated with Robinhood or a Robinhood affiliate; members of their household; employees of any securities regulatory organization or exchange, employees of market makers, and registered representatives or any broker-dealer are not eligible. The offer is only available for personal use, and may not be used for commercial purposes.

Fractional shares are illiquid outside of Robinhood and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of Robinhood Customer Agreement. Other restrictions may apply.

Taxes.Taxes related to this offer are the customer’s sole responsibility. Consult with a tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a stock reward before enrolling. For taxable accounts, the value of all Robinhood offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations.