Earn 0.30% APY* on Your Uninvested Cash

Secure a spot on the waitlist for Cash Management through your brokerage account.
Cash Management offered through Robinhood Financial

Earn 0.30% APY¹ on Your Cash

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

FDIC Insurance

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

No Catch, No Minimums

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

Access Your Cash for Anything

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

Introducing Cash Management

Secure a spot on the waitlist and reserve your card.

¹Cash Management is an added feature to your Robinhood Financial LLC brokerage account. The Annual Percentage Yield (APY) paid by program banks is 0.30% as of March 16, 2020. APY might change at any time and at the program banks’ discretion. Neither Robinhood Financial LLC nor any of its affiliates are banks.

²The Robinhood debit card is issued by Sutton Bank, member FDIC, pursuant to license by Mastercard® International Incorporated.

³Out 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 to learn more.

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Securities trading is offered to self-directed customers by Robinhood Financial. Robinhood Financial is a member of the Financial Industry Regulatory Authority (FINRA).