If you participate in Robinhood’s cash sweep program, your uninvested cash is insured by the Federal Deposit Insurance Corporation (FDIC), covering up to $2.5 million in total across partner banks, up to $250,000 per bank. Learn more
RHUK and RHS are not FDIC-insured banks. Deposit insurance covers the failure of an insured bank. Products other than the cash sweep program are not insured by the FDIC, are not deposits, and may lose value. Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply