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Investing - Theory, News & General • The Final, Definitive Thread on Brokerage Transfer Bonuses

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[Thread merged into here --admin LadyGeek]

Howdy

Robin Hood is offering a 1% bonus for asset transfers, details shown in URL. There does not appear to be a limit on the size or much on asset type, so somebody with a for instance $2 million ETF could presumably get a $20K bonus for transferring. There is a 2 year limit to maintain the assets, with some pro-rated clawback if you move the assets out before 2 years.

A search shows this has not been discussed in the forum. Has anyone done this transfer, how did it work, any caveats, gotchas or general comments?


https://robinhood.com/us/en/support/ar ... bonus-faq/

Happy holidays

W B
I think this offer was discussed in this mega thread before. I just did a transfer to Robinhood and the 1% bonus was paid promptly. The bonus was paid out within 1-2 days of tranfer completion.

Statistics: Posted by hmw — Sat Dec 16, 2023 11:45 pm — Replies 6983 — Views 989689



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