All offers / Investing / Robinhood / Free stock not received
You did the steps and no stock arrived. Here is why.
Most often, a missing link or a missing deposit. A new user’s gift stock needs approval plus a linked bank or debit card; since September 1, 2026, a referral only counts once the friend funds the account.
Second most common: issued and sitting unclaimed. Both are fixable today.
Which cause caught you
| 1. No bank linked, or referred friend hasn’t funded | Fixable today |
|---|---|
| 2. Issued, sitting unclaimed | Fixable today |
| 3. Claimed, hasn't landed yet | Wait a week |
| 4. Past the 60-day claim window | Hard loss |
| 5. Not your first taxable brokerage account | Hard loss |
| 6. Account not approved or not in good standing | Sometimes fixable |
| 7. Friend didn't sign up through your link | Hard loss |
| 8. Between milestones, or at the $15,000 cap | Working as designed |
| 9. Outside the eligible group from the start | Never eligible |
The nine causes, in Robinhood's own words
Fixable today 1. No bank or debit card is linked, or your friend hasn’t funded
Opening the account was never the qualifying act. For the new user’s own gift stock, “Once you are approved and link your bank account or debit card, you’ll earn a specified dollar amount”, and blunter elsewhere: “Make sure to link your bank account or debit card in order to earn your gift stock.” No deposit, no trade required.
The person who sent the invite needs one more step since September 1, 2026: “Simply linking a bank account or debit card, without funding the account, does not make a new customer an Eligible New Customer.” A first deposit of any amount above $0 fixes it, and it only counts once that deposit settles.
Fixable today 2. It was issued and is sitting unclaimed
Robinhood sends a notification, then waits. Check Rewards: in the app it sits under Account (the person icon), then the menu; on the web, select Rewards after logging in. Update the app first.
Not a problem, wait 3. You claimed it and it hasn't landed yet
Credited “within approximately one week after the reward is claimed, though this timeline may be delayed in Robinhood’s sole discretion.” A ticket on day two won't speed it up.
Hard loss, no fix 4. The 60-day claim window closed
Stated twice: “You have 60 days to claim your stock reward before it expires”, and “Rewards that aren’t claimed within 60 days will expire.” No extension, anywhere.
Hard loss, no fix 5. It isn't your first individual taxable brokerage account
Eligibility covers “new customers of Robinhood who have never previously had a Robinhood individual taxable brokerage account”. A retirement or joint account isn't it, and an account you closed years ago still counts.
Sometimes fixable 6. The account isn't approved, or isn't in good standing
Must be “approved for a Robinhood individual taxable brokerage account” and “in good standing.” An application stuck in review has nothing for the reward to attach to yet, and Robinhood never defines “good standing” anywhere in the document.
Hard loss, no fix 7. Your friend didn't sign up through your link
A referral only exists if your friend used your code: “Referrers will become eligible when they share their Robinhood-provided referral code with a personal friend who is an Eligible New Customer.” In the app, the clock icon at the top right of Rewards shows your progress toward the next milestone; a friend who never appears there used something else. Support won't fill in the rest: “Robinhood cannot provide information about someone else's account or application status.”
Working as designed 8. You're between milestones, or at the annual ceiling
Two things look like a missing reward and are not. Milestones are not prorated: “You won’t earn rewards for individual referrals between milestones”, so a second referral pays nothing until a third one lands. And there is a ceiling: “You can earn up to $15,000 in bonus stock rewards per year.” Your friend’s own sign-up reward is separate, and neither rule touches it.
Never eligible 9. You were outside the eligible group from the start
The offer “is available to US residents only”, excluding Robinhood employees, their households, and anyone employed by a securities regulator, exchange, market maker or broker-dealer. The check: “If you’re eligible, you’ll see the referral offer in Rewards.”
The two timelines that decide whether you have anything to chase
Download not working? Copy the event instead
Download not working? Copy the event instead
Download not working? Copy the event instead
Download not working? Copy the event instead
The new user’s gift stock clocks, from Robinhood’s own offer terms read live September 14, 2026. A referrer’s milestone bonus follows the first three, but its cash value stays locked for 60 days rather than 30. Not being able to sell or withdraw yet isn’t the same as the stock being missing.
When the honest answer is that Robinhood decided
Three clauses hand Robinhood the final word, and none requires it to say which one it used.
- Fraud or violation. Robinhood may “decline to grant the whole or fractional share stock reward, or to rescind or liquidate the stock or any related dollar proceeds” on suspicion alone. It reaches backward, even after you've sold.
- Content connected to your referral link. Robinhood can decline or rescind a reward if it decides images or speech tied to your link are “inaccurate, misleading, offensive, violate community standards”.
- Enrolment and termination. “Robinhood may decline requests to enroll in the offer without notice and at its sole discretion”, and may terminate the offer at any time without notice.
Where one applies, there's no argument to win.
Get a real answer, not a template
Support can fix a fact. It can't bend a rule, and it won't discuss another person's account.
- Send facts, in one message: the date you opened the account, the date you linked a bank or debit card, and a screenshot of Rewards showing nothing claimable.
- If you sent the invite yourself, add a screenshot of your referral progress (the clock icon in Rewards) and the date your friend made their first deposit.
- Ask a specific question, not an open one. “Was a reward ever issued on this account, and on what date?” is answerable. “Where is my free stock?” gets a template.
Write the letter for you
Fill in what you know. Nothing leaves your browser: the letter is assembled on this page and never sent anywhere by us.
Prefilled from this page. Edit it if your own situation needs a different sentence.
Related reading
Also: stock lock-ups and clawbacks across seven brokers, and whether a sign-up bonus is taxable.
Other things that did not arrive
Every one of these is read from the company’s own document and dated. See all 66 questions we have answered.