Robinhood Cash Management pt. 2

ToxikPH · ‎10-08-2019

Robinhood just reannounced their sector of cash management accounts. This time with a 2.05% apr like Citi so it's much more reasonable than the original 3% they proposed. I would also assume this means that they have proper filing this time and are FDIC insured or SPIC. Looks like they still have a waiting list and sadly it didn't keep your spot if you signed up the first time.

randomguy1 · ‎10-09-2019

I signed up for this, look like I was 38xx on the waiting list.

ToxikPH · ‎10-09-2019

@randomguy1 wrote:
I signed up for this, look like I was 38xx on the waiting list.

I'm sitting at 108k and not too sure I'll even use the account just like clear cards lol

randomguy1 · ‎10-09-2019

@ToxikPH wrote:
@randomguy1 wrote:
I signed up for this, look like I was 38xx on the waiting list.
I'm sitting at 108k and not too sure I'll even use the account just like clear cards lol

lol. SoFi has a pretty holographic card. Chime and Discover both have nice white, clean looking cards.

I want it because I hate having money in accounts not earning something. As an investment medium, it sucks having to fund the account and the money just sitting there at 0%.