[YMMV] Robinhood Gold Members Get $100-$125 For Depositing $2,000

Update 10/11/24: Another round of targeted offers has been sent out.Valid 10/8 – 10/22

Update 9/12/24: Previously this was a targeted deal for to entice people to join Robinhood Gold.Now some existing Gold members are seeing this offer in the app.It’s valid 9/11/24 – 9/25/24; full details at this Robinhood link.

It’s possible that not all Gold members are seeing this; it might be targeted.(ht AllwaysLearning22)

Update 8/27/24: Deal is back.Hat tip to reader Vince.Some people are seeing a better offer for $125 this time around.

The Offer

Direct Link to offer (keep in mind not everyone is eligible; you must see this offer in app to be eligible)

Some people are seeing in their Robinhood alerts the following deal:

Get $100 (others got $50) for doing the following

Join Robinhood Gold and keep it through September 23, 2024

Deposit $2,000 or more in your individual account by August 23, 2024

Claim your bonus by October 23, 2024

Our Verdict

Looks like an easy-ish deal if targeted.

I’m not seeing any holding period for the $2,000, so this should be an easy-ish way of netting $100 or $50 (depending on your offer details).

Hat tip to Bockrr

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by mycardopinions.
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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.