Benefits, limits, and fees

Robinhood Banking offers a tiered structure that tailors benefits, fees, and limits to your financial profile. As your relationship with Robinhood grows, you can unlock enhanced features, higher limits, and premier perks.

What are standard benefits vs premier benefits?

There are 2 levels of banking benefits determined by your Assets Under Custody (AUC) and direct deposit activity.

AUC (Assets Under Custody) = equities, crypto, and cash held in Robinhood accounts (minus liabilities)
Excluded: Crypto wallets (self-custodied) and margin balances

Direct deposit requirement

You must set up at least $1,000 in direct deposits per calendar month into your checking account to maintain or upgrade your benefits
Missing the direct deposit requirement for a calendar month may result in a downgrade.
Direct deposits must go into the Robinhood checking account to qualify for benefits

New accounts

All new accounts receive a 60 day preview of either standard or premier benefits based on their current AUC
After that, you must meet both AUC thresholds and direct deposit requirements to retain your benefits

Benefit reassessment

Upgrades: Assessed daily at the close of the US market, based on the higher of current AUC or 90-day rolling average
Downgrades: Checked once at the beginning of each month, based on the 90-day rolling average

Joint accounts & child accounts

Benefits are based on the combined AUC of both account holders.

Benefits

The table below highlights features by AUC (with qualifying direct deposit).

Feature	Standard (< $100K + AUC)	Premier (> $100K + AUC)	No Direct Deposit
Checking APY	0%	3.50%	0%
Savings APY	3.50%	3.50%	0% (after 60 days)
ATM (in-network)	No fee	No fee	$2.50
ATM (out-of-network)	$2.50 (plus ATM fees)	No fee (plus ATM fee refunds)	$2.50 (plus ATM fees)
Debit card	No fee	No fee	$15
Outgoing wire (domestic)	$25	No fee	$25
Outgoing wire (International)	$30	No fee	$30
Cash delivery	Up to $6.99	$2.99	Not available
(Coming soon) Estate planning	$199	Free	Not available
(Coming soon) Premier Perks	Large discounts & credits	Maximum discounts and credits	Not available
Events	Paid access to Events	Paid access to Exclusive Events	Not available
Inspirato (Luxury vacation club)	3 months free trial	12 months free trial	Not available
-	$1K in travel credits after paid membership	$2K in travel credits after paid membership
-	Exclusions apply	Exclusions apply

Transfer/transaction limits

Your daily transfer limits depend on your benefits:

Transfer type	Standard ($0 – $100K AUC)	Premier ($100K+ AUC)
ACH inbound	$500K	$1M
ACH outbound	$50K	$100K
Wire outbound	$25K	$50K
eChecks (Mail a check)	$10K	$25K
ATM	$1K	$2.5K
Mobile check deposit	$10K	$25K
Debit card	$3K	$5K

Your monthly transfer limits depend on your benefits:

Transfer type	Standard ($0 – $100K AUC)	Premier ($100K+ AUC)
ACH inbound	$2M	$4M
ACH outbound	$100K	$200K
Wire outbound	$100K	$200K*
eChecks (Mail a check)	$30K	$75K
ATM	$4K	$10K
Mobile Check Deposit	$30K	$75K
Debit Card	$10K	$15K

*If you have more than $1M AUC, the monthly limit for an outbound wire is $400k.

Fees

Your fees depend on your benefits, in which a direct deposit amount of $1,000 each month is required:

Feature	Standard (< $100K AUC)	Premier (> $100K AUC)
ATM (in-network)	No fee	No fee
ATM (out-of-network)	$2.50	No fee (plus refunds)
Debit card	Free	Free
Debit card replacement	Up to $15	Up to $15
Checkbook	No fee	No fee
Mail a check	No fee	No fee
Cash delivery	$6.99	$2.99

Keep in mind

Account fees (e.g., replacement card shipping fees, cash delivery fees, ATM fees) are charged to the checking account. Money movement fees are charged to the account moving funds (e.g., an outbound wire from savings will incur the fee in savings).

Disclosures

Robinhood is a financial technology company, not a bank. Banking services are provided by Coastal Community Bank, Member FDIC.

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