Does Robinhood Markets offer a 1% match?

Robinhood Markets, known for a clientele of first-time investors, is attracting customers with fatter wallets from other brokerages. Through Wednesday, the trading app received about $1.1 billion in account transfers since Oct. 23, when it began offering a 1% match on transferred brokerage accounts, the company said.

When does Robinhood offer a 1% bonus?

Update 12/7/23: Deal is back and valid until January 31, 2024. Robinhood is offering a 1% bonus with no cap when you transfer your brokerage account to Robinhood, from October 23 through December 8, 2023.

Does Robinhood have a 1% match?

Robinhood extended its promotion to Jan. 31 from the original end date of Dec. 8. Customers must keep their transferred money in their Robinhood account for at least two years to retain the 1% match. Gen Z never learned cursive. The effects of this are more widespread than you think