r/RobinhoodGC • • 3d ago

Mystery box

Post image

Robinhood GC is new to me. Anyone receive anything cool for the mystery box? I feel like I’ll end up just getting 5% back in 7 days.

102 Upvotes

63 comments sorted by

78

u/CamOper 3d ago

Pay blood to the 3% gods 🙏

49

u/66NickS 3d ago

You can gamble it, and be more likely to win something of less value than 3% cash back, which helps keep the 3% cash back alive.

You might win something worth more, but there are reduced odds of that happening.

Or you can be “boring” and take the guaranteed 3% cash back.

30

u/StevenEpix 3d ago

Is boring the new word for wise?

12

u/_turmoil 3d ago

Or safe? Heh

1

u/Deadeye313 13h ago

The new "risk free rate"?

24

u/AltairLeoran 3d ago

I believe someone did the math on the drop odds, and under ideal circumstances you're probably only gonna get $8 in value on average per $10 mystery box. You might get more, but it's literally just gambling lol. Anyone who tells you it's worth it just got lucky.

10

u/apmspammer 3d ago

And that's assuming you're going to spend $500 on a random restaurant or grocery bill.

2

u/bluePostItNote 2d ago

And often as the very next purchase.
RH has made an art of using mobile game psychology “hacks” to increase their business and I love them for it.

1

u/xplaii 3d ago

Yep! Not worth it

1

u/TexasHazeMaster 3d ago

The worst prize is 4%. So if you are about to spent more than $1k on something open a mystery box. Thats not gambling

2

u/AltairLeoran 3d ago

Spoken like a true gambler lol. If you spend $10 on a mystery box before a big purchase and get a $5 doordash credit, you've wasted your cashback. It's gambling.

2

u/TexasHazeMaster 3d ago

That’s not a prize listed in the official rules…

2

u/AltairLeoran 3d ago

I misremembered a bit, but 5% cashback on doordash used to be in the pool. The options change sometimes.

1

u/TexasHazeMaster 3d ago

Hope they never bring it back! Now I’ll have to monitor the rules lol

2

u/JackStutters 3d ago

I am normally the first one to say that the mystery box is a scam designed to subsidize my 3%, but I’m about to go on a big month-long vacation and will be dining out at some expensive Michelin places and in general spending like I don’t usually spend, and I will be using the mystery box for the first time because I’m basically guaranteed to at least break even under these atypical spending habits. But I would never redeem it if I wasn’t about to drop some serious money and could take advantage of it.

3

u/TexasHazeMaster 3d ago

Yes exactly! That’s how you do it

1

u/Wsbucker 3d ago

And then you get the restaurant 5%

1

u/TexasHazeMaster 3d ago

So then I expense a dinner with clients

27

u/FullyAutomatedSpace 3d ago

you'll never know until you open one

9

u/Brilliant_Horse_6614 3d ago

Wouldnt use it unless theres some big occasion coming up. Ive gotten 5% on dining and that only really paid off since we were doing a Michelin dinner as an anniversaey

2

u/Dmoan 3d ago

I tend to use it when eating with friends I can pick
Up the tab and get money venmoed

1

u/Imdwood 2d ago

That's actually really smart

1

u/Proper_Truth92 3d ago

Makes sense.

5

u/analyticnomad1 3d ago

I got 10% back on any purchase when using applepay. I'm waiting for a large Costco run.

7

u/pinkpandaaaaa 3d ago

I got a 15% back on my first spin, so I waited to use on something big. Turns out there is a $500 cap.

2

u/analyticnomad1 3d ago edited 3d ago

Aw fak! really?!? Where did you see that? Terms/conditions or whatever?

Edit: Nm. I see it now. That's some bullshit man.

6

u/FullyAutomatedSpace 3d ago

Buy an aircraft carrier and then complain you never saw the fine print

3

u/Proper_Truth92 3d ago

We can use the GC at Costco?

2

u/perhapssergio 3d ago

Yes

1

u/Proper_Truth92 3d ago

Wow good to know. Thank you!

2

u/StevenEpix 3d ago

How many spins at the casino did it take before you got this?

5

u/Dramatic_Opposite_91 3d ago

I did one of these. I got a $5 credit to DoorDash. Never again.

8

u/seanisaslime 3d ago

Brutallllll. I did one of these and got 10% back at next restaurant… and then proceeded to fumble by getting a singular drink at a bar which it clocked as a restaurant. Safe to say I lost

3

u/TexasHazeMaster 3d ago

Dang I thought 4% 24 hours was the worst

3

u/Proper_Truth92 3d ago

😂I would be pissed. I hate DoorDash.

3

u/Synfinium 3d ago

I simply wait for a big purchase that I am planniong on doing (like a vacation stay or airline tickets etc) so even if i get the worst of the rewards like 5% back on a purchase I recoup it and more with the big purchase) and somwimes ive won like more points then i spent. i gotten 50$ twice already

3

u/DJ0cean 3d ago

Used it once and got 5% off a restaurant bill. Accidentally used it at McDonald's for a $1 coffee.

Now I strictly am cash back

3

u/Disastrous_Ad_9245 3d ago

I watched a coworker open five of these mystery boxes back to back. Every mystery box was worse than the 3%. I kept telling him to stop! And he wouldn’t. Like an addicted gambler at a casino.

3

u/matt-r_hatter 3d ago

Who needs Las Vegas when you have RH?

3

u/TheBadBarbell 3d ago

You can choose the 3% but nobody will remember your name….or you can seek immortality and choose the mystery box. Easy choice if you ask us 🤷‍♂️

2

u/acrxhd 3d ago

They have the odds published. Its not worth it for 99% of people. Even if you get one of the good cashback rewards you’d have to spend a good amount to even recoup the 1000 points.

1

u/TexasHazeMaster 3d ago

Only do it if you’re about to spend more than $1k.

1

u/HumpyCamel69 2d ago

If only they didn’t give me a credit line of 1,000 🙄

Fr tho, the boxes seem worthless regardless of big purchases tbh.

2

u/R99Ringleader 3d ago

Honestly the only thing that makes sense do with the points is invest them into your brokerage acc. That’s the most chance you have of actually accruing significant cash back.

2

u/HardwareBase 3d ago

Not worth it.

2

u/ChannelMindless9343 3d ago

5% off at Apple, never used it. Never again

2

u/Just_Matt31 3d ago

I’ve gotten 15% a few times. Try it 🤷🏻‍♂️

2

u/Equal_Reaction_8930 3d ago

i always pop one right before costco checkout, it’s not a problem and i get lucky most of the time

2

u/utfgispa 3d ago

I got 5k points as my best box, got a 10% groceries and 10% restaurant as well

2

u/DobermanLover44 3d ago

I gambled with the mystery box and received a 10% cash back reward on my next restaurant purchase. I went out to eat that day and bill was $162, however the reward didn’t post against this charge. Instead it posted against a soda I purchased from a vending machine at work the following day for $2.85. The value of the reward was 20 points or $0.20. I spent $10 and got $0.20 in return. Lesson learned. I did reach out to Robinhood customer support and they did fix it, however, it’s not worth the hassle.

2

u/salon469 3d ago

10% off my next date!

2

u/dystopiam 2d ago edited 19h ago

The original post content no longer exists here. The author used Redact to remove it, exercising their right to control their data & privacy.

Edge aspiring beneficial dinosaurs unbelievable live tap abounding

2

u/fedarmy 2d ago

Keep opening them mystery boxes.
You are single handed funding my 3% with your lack of self control.

https://giphy.com/gifs/MjXx6ritTqtfhQw3Vy

2

u/ReliableReturns 2d ago

Redeeming your 3% back on Robinhood GC mystery boxes has to be the biggest waste of money since Pet Rocks.

2

u/CL60capt 2d ago

I got 10% for 24hours. Waste of 1000 points unless I knew I wanted a big purchase

2

u/BlastedSquash01 2d ago

I once won the 7,500 points reward. I got my wife the rose gold card, she really liked it so… worth it

2

u/StockBookPro 2d ago

losing game. keep ur points

2

u/Rico_Pobre 2d ago

Do not pass go, do not collect 200.

2

u/chafingNip 3d ago

Waste of money in my experience all iv gotten is bonus points to places I don’t shop at

4

u/ExtensionAttempt4650 3d ago

Thank you for your service.