How do I pay for Gold?

Your investing account will be charged the monthly subscription fee every 30 days at the beginning of each billing cycle. If you have access to margin investing and use more than $1,000 of margin, you’ll pay interest on the settled margin amount you use over $1,000. Your interest is calculated daily and charged to your account at the end of each billing cycle.

Yes, you can find all Robinhood Gold fees and margin interest charges in your account history.

You can also find information about your next Gold billing cycle in Account (person icon) → in the app, Menu (3 bars) → Robinhood Gold. The Robinhood Gold billing section includes the following.

• Plan: This indicates whether you have a monthly or annual plan.
• Next payment: The upcoming fee paid for Robinhood Gold. This will be automatically deducted from your individual investing account on the next Gold billing date.
• Next billing date: This is the next date on which you’ll be charged for Robinhood Gold.

If you have access to margin investing, you can find this information in Account (person icon) → in the app, Menu (3 bars) → Margin Investing. In addition to the Gold fee and next fee billing date, Margin Investing also includes the following:

• Margin used: How much you’ve invested on margin. Interest is calculated daily based on your margin used over $1,000.
• Yearly interest rate: The yearly interest rate you pay for margin used over $1,000.
• Unpaid interest: The margin interest accumulated for the current billing cycle. This amount will be automatically deducted from your individual investing account on the next Gold billing date.

Interest is calculated daily at the end of the day based on settled margin balances. Your margin interest rate is calculated by adding the Federal Funds Target Rate upper bound and an interest rate, which varies depending on your settled margin account balance. Check out Robinhood margin rates for details.

As a Gold subscriber, the first $1,000 of margin is included with your subscription. If you borrow more, you’ll pay interest on any margin used over $1,000.

For example, if you use $3,000 of margin, we’ll calculate the daily interest as follows:

• $3,000 margin used
• $1,000 included with your Gold subscription, leaving $2,000 subject to interest
• $2,000 * (6.75% / 360) = $0.38

We’ll charge your investing account every 30 days at the end of your billing cycle. You can always check the current status of your billing cycle and other margin and Gold account settings in Account → Menu (3 bars icon) → Margin investing or Robinhood Gold.

Margin investing involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Not all investors will be eligible to trade on margin. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. Examples are hypothetical, and don't reflect actual or anticipated results.

For more information, review FINRA’s Investor Alert and Robinhood Financial’s Customer Relationship Summary, Margin Disclosure Statement, and Margin Agreement.These disclosures contain important information on Robinhood Financial’s products and services, conflicts of interests, lending policies, interest charges, and the risks associated with margin investing enabled accounts.

Robinhood Financial charges a variable margin rate based on your settled margin balance and the upper bound of the Target Federal Funds Rate, which is set by the Federal Reserve and is subject to change without notice. The formulas used to calculate the margin interest rate are subject to change at Robinhood Financial’s discretion. The margin rates shown are as of May 20, 2024 and might change at any time without notice and at Robinhood Financial’s discretion.