Bigger Instant Deposits
With Robinhood Gold, you get larger instant deposit amounts so you can use your money immediately instead of waiting up to five business days for your funds to clear. If you see an opportunity in the market, you can invest by increasing your buying power right away.
With Robinhood Gold, your instant deposit limit is based on your account balance:
Without Robinhood Gold, you get $1,000 in instant deposits, regardless of the value of your account. You can always track your instant deposit limit in the Instant Deposit Health section of the Account Overview.
If you deposit more funds than your instant deposit limit, you’ll only get instant availability up to your limit. This means that you’ll have to wait up to five business days for the additional funds over your limit to clear.
For example, if you have $3,000 in your account, your instant deposit limit will be $5,000. If you make a $6,000 deposit from your bank, $5,000 of the new funds will be available instantly. The remaining $1,000 will become available within five business days.
Yes! As described above, your instant deposit limit on Robinhood Gold is determined by your account value. You can increase your instant deposit limit by depositing more money to meet the next limit tier. Similarly, if your account value decreases below a cutoff amount, your instant deposit limit will decrease to the lower limit tier.
For example, if you have $3,000 in your account, your instant deposit limit will be $5,000. If your account value increases to $10,000, your instant deposit limit will increase to $10,000.
Instant deposit access is based on the expectation that your recent deposits from your bank to Robinhood will successfully complete. If your bank deposits don’t clear, you may lose access to instant deposits.
If your instant deposits get restricted, you can check the Instant Deposits Health section of the Account Overview for steps on how to regain access.