Cash Management is an added feature to your Robinhood Financial LLC brokerage account. The Annual Percentage Yield (APY) paid by program banks might change at any time at the program banks’ discretion. Interest is earned on uninvested cash swept from your brokerage account to the program banks. Neither Robinhood Financial, LLC nor any of its affiliates are banks. The debit card is issued by Sutton Bank, member FDIC, pursuant to license by Mastercard® International Incorporated.

Cash Management Disclosures

Though Robinhood Financial doesn’t charge foreign transaction fees, if you choose to pay a foreign debit card transaction in US Dollars, merchants may charge you a foreign currency conversion fee. Out of network ATM providers may charge a fee, which Robinhood Financial will not reimburse. However, Robinhood Financial will not benefit from these fees or mark these fees up. See our [Fee Schedule](https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf "Robinhood Fee Schedule").

Fees Disclosure

The debit card is issued by Sutton Bank, member FDIC, pursuant to license by Mastercard® International Incorporated. Out of network ATM providers may charge a fee, which Robinhood Financial will not reimburse. However, Robinhood Financial will not benefit from these fees or mark these fees up. Please keep in mind that other fees may apply to your brokerage account. You can check out our [Fee Schedule](https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf "Robinhood Fee Schedule") to learn more.

Debit Card & ATM Disclosures

The Annual Percentage Yield (APY) paid by program banks is 0.30% as of March 16, 2020. APY might change at any time at the program banks’ discretion. Interest is earned on uninvested cash swept from your brokerage account to the program banks. Neither Robinhood Financial LLC nor any of its affiliates are banks.

Variable APY Disclosure

Interest is paid monthly based on the uninvested cash in your brokerage account. Behind the scenes, we’ll move this cash to banks who pay the interest. [Learn More](https://robinhood.com/support/articles/360034673071/earning-interest/)

Earn 0.30% APY¹ on Your Cash

Invest, spend, pay bills, or withdraw your cash as you wish. Use your Robinhood debit card² virtually anywhere Mastercard® is accepted and at 75,000+ fee-free ATMs.³  [Learn More](https://robinhood.com/us/en/support/articles/360034670531/move-money/)

  Access Your Cash for Anything

There are no account minimums, no transfer fees, no foreign transaction fees-the list goes on. Other fees may still apply to your brokerage account. [Learn More](https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf)

No Catch, No Minimums

Your cash in the program banks is eligible for up to $1.25 million of FDIC insurance, or up to $250K per bank, subject to FDIC rules. [Learn More](https://robinhood.com/support/articles/360034673051/insurance/)

FDIC Insurance

Cash Management

Protection

Fees

Interest (APY)

ATMs

Earn 0.30% APY* on your uninvested cash and get more flexibility with your brokerage account.

Spend, Invest, and Earn Interest

Protected & FDIC Insured