Robinhood’s High-Yield Cash Program allows Robinhood Gold subscribers ($5 monthly subscription) to earn interest on eligible uninvested brokerage cash. Once enrolled, your eligible uninvested cash automatically earns interest whether it’s swept to the Cash Sweep program or held as part of our Brokerage-Held Cash program. You’ll earn a 3.35% annual percentage yield (APY) on eligible brokerage cash in your self-directed, taxable investing accounts. This rate applies to all eligible balances, regardless of the specific method used to hold your cash.

You can earn interest on your eligible brokerage cash (unrestricted cash intended for investing that hasn't yet been invested or spent).

All accounts managed by Robinhood Strategies also get a 3.35% APY on eligible cash that is swept to the program banks as part of the Cash Sweep Program.

You’re paid interest by the program banks monthly, and you can keep track of how much interest you’ve earned in the app in Account (person icon) → Menu (3 bars) → Investing → Cash sweep program.

The program's APY is 3.35% for Robinhood Gold members as of Feb 11, 2026. The APY your cash earns is subject to change.

The Federal Reserve Bank (or the Fed) and market conditions are factors in APY fluctuations. Changes in fees or charges that Robinhood receives from program banks can also cause the APY to fluctuate.

Congress assigns 3 main goals to the Fed: maximum sustainable employment, stable prices, and moderate long-term interest rates. The Fed uses various tools to meet these goals, but interest-rate changes often get the most attention because they directly impact how much interest you can earn and how much it costs to borrow.

The rate for the High-Yield Cash Program is based on the rate of the Cash Sweep Program. The program banks pay interest rates that are determined in part by the federal funds rate, which moves up and down as mandated by the Fed. When the federal funds rate fluctuates, the rate you receive through this program may also change.

If the rate changes, it will change how much interest you earn. For example, a rate change of 1% would mean that for every $1,000 held at the program banks for a year, you’d earn a difference of $10 in annual interest.

You earn interest on your eligible uninvested cash. Eligible cash amounts up to and including $10,000 in your Robinhood accounts will remain as free credit balances and will earn interest as part of our Brokerage-Held Cash Program. If you have multiple investing accounts, amounts up to and including $10,000 of cash in aggregate across all these accounts will remain in the program as free-credit balances.

Eligible cash amounts greater than $10,000 in your accounts will be part of the Cash Sweep Program and swept to banks to earn interest. If you have multiple individual investing accounts, the Cash Sweep Program will apply to any amounts more than $10,000 in aggregate across your accounts.

Note that you only earn interest on cash that’s settled in your account and not part of a pending transfer. This is affected by the timing of trades, deposits, or withdrawals.

For example, when you purchase a stock, the cash might not be deducted from your account until 1 business day after the trade occurs, when the trade settles. In this case, you would continue to earn interest until the trade settles.

The reverse is true as well—if you sell a stock, you may not get the cash until 1 business day after the trade settles. In this case, you would only start earning interest on that cash after it settles.

The Brokerage-Held Cash Program is not applicable for Robinhood Strategies managed accounts.

Eligible brokerage cash is any available cash that you have in your account that hasn’t yet been invested or spent.

You can find your Cash earning interest balance in the app in Account (person icon) → Menu (3 bars) → Investing → High-Yield Cash Program.

No, you’ll start earning interest on your first dollar. There’s also no maximum cash balance that you can earn interest on.

Yes, interest on your eligible brokerage cash will be compounded daily. Each day, you earn interest on your balance, and that earned interest itself also earns interest. Over time, your eligible brokerage cash multiplies and grows on its own. Compound interest is a powerful tool to help build and accumulate wealth over time. Interest is paid on a monthly basis.

You’ll be paid interest once a month on the last business day of the month, which will include interest through the end of the month. If the last day of the month falls on a non-business day, you'll be prepaid interest for those days on the last business day.

For example, if the last day of the month is a Sunday, that month’s interest will be paid on the preceding Friday, along with what you would earn on Saturday and Sunday.

*The hypothetical calculation shown is for illustrative purposes only and assumes the interest rate and balance do not change for the year. Actual amounts earned may vary.

All investing involves risk. The High-Yield Cash Program is an added feature to your Robinhood Financial LLC investing accounts. Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.

Interest is earned on eligible eligible cash in your investing accounts. The Annual Percentage Yield (APY) is 3.35% for Robinhood Gold members as of Feb 11, 2026. The APY might change at any time at Robinhood’s discretion. Additionally, any fees or charges Robinhood receives may vary and are subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks.

The Cash Sweep Program as part of the High-Yield Cash Program is a required feature of your account managed by Robinhood Asset Management, LLC (“RAM” or “Robinhood Strategies”), an SEC-registered investment advisor. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Robinhood Securities LLC (member SIPC) provides clearing services.