Robinhood Cash Management pt. 2

[ToxikPH]

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]

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

[ToxikPH]

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@randomguy1 wrote:

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

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

[randomguy1]

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@ToxikPH wrote:

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@randomguy1 wrote:

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

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

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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%.