Get started with Cash Management
Cash Management is no longer accepting new customers at this time.
Yes. Cash Management gives you more ways to add money to your brokerage account:
We work with partner banks to process transactions. ACH account and routing numbers may be issued by Sutton Bank or JPMorgan Chase Bank, and the Robinhood debit card is issued by Sutton Bank. This means that transfers to and from your Cash Management account may appear as transfers to and from Sutton Bank or JPMorgan Chase Bank in your transaction history at other institutions.
To link your Robinhood debit card with other accounts, you’ll need your debit card number. You can find your card number, expiration date, and CVC by tapping the card in Cash.
Yes. Once you’ve activated your card in the app, you can do all of the following:
To activate your debit cardwithin your Robinhood account:
To find out if your card is still on its way or to request a new card:
If you downgrade from Cash Management, what happens with your brokerage cash sweep program depends on if and when you sign up for a spending account.
You can downgrade from Cash Management as long as you don’t have pending card transactions. Any pending card transactions will either settle or expire, depending on the type of transaction. While most pending authorizations will settle within a few days, some pre-authorization transactions (such as a hold in advance of a hotel stay) may result in an extended hold. Transactions that settle will go from Pending to Complete and will show in your transaction history. If a hold on a charge in your account expires before the charge settles, we’ll release the money. When this happens, the charge will disappear from the Recent History section in your app.
Keep in mind, once you downgrade from Cash Management or close your brokerage account, your debit card will no longer work and any new transactions will be declined.