Invite a friend to Robinhood and you both get a free stock once they sign up, get approved, and link a bank or debit card.
What you get
- A free stock worth $5 to $200, picked by you from a list of 26 major US companies
- Your friend gets a free stock too, on the same terms
- No limit on referrals, up to $1,500 in gift stock per calendar year
- 60 days to claim the stock once it's ready before it expires
Who qualifies
Both you and your friend must be US residents. Your friend needs to be opening a Robinhood account for the first time — a previously deactivated account doesn't count.
How to claim
- Share your referral link from Earn Stock in the app or Rewards on the web.
- Your friend signs up, gets approved, and links a bank or debit card.
- You'll both get notified to pick and claim your stock — do it within 60 days.
The catch
About 99% of referrals pay out the $5 minimum, not the $200 headline — treat $200 as the ceiling, not the expectation. You also have to hold the stock for 3 trading days before you can sell it.