Robinhood Backs $1,000 Newborn Trump Accounts, Launches UK ISA with 2% Bonus
Robinhood joins Kraken and Coinbase in backing 'Trump Accounts', a savings initiative that seeds newborns in 2025–2028 with $1,000 each under the One Big Beautiful Bill Act. The company also launched a UK stocks & shares ISA offering a 2% cash bonus and zero platform fees through April 5, 2026.
1. Sponsorship of Trump Accounts
Robinhood has joined Kraken and Coinbase in supporting the Trump Accounts program created by the One Big Beautiful Bill Act, which will provide a $1,000 government seed contribution to every child born between 2025 and 2028. By backing this initiative, Robinhood aims to modernize financial services and encourage broader participation in long-term wealth building from birth.
2. UK ISA Launch
Robinhood’s new UK stocks & shares individual savings account offers a 2% cash bonus on eligible contributions made before April 5, 2026, provided funds remain invested for at least one year. The account features zero platform fees, no trading commissions and low foreign exchange fees of 0.10% per trade to attract UK investors.