Round-ups

With Round-ups, you can round up your Robinhood Cash card transactions to the next dollar, and set aside the spare change to invest in your choice of stock, ETF, crypto, or brokerage cash balance to earn interest.

After you’ve turned on round-ups and selected an investment, we’ll automatically round up completed eligible transactions to the nearest dollar, and set aside the rounded-up change in your spending account.

The set aside round-ups will automatically be transferred to your individual investing account on Monday and scheduled to invest on Tuesday.

Your weekly round-ups are capped at $100 per week.

If you're not yet ready to invest in a stock, ETF, or crypto, you can select brokerage cash as your round-up option. Your weekly round-ups total will go into your brokerage cash balance and earn interest via the brokerage cash sweep program. Check out our Brokerage sweep program to learn more.

• Round-ups will be set aside in your spending account after your Robinhood Cash Card transaction is complete, typically 1-3 days after the transaction.

• Round-up orders will be scheduled to execute on Tuesdays. If your order is for a stock or ETF and the market is closed, the order will be scheduled for the next trading day.

To automatically invest your round-ups, you must also have a Robinhood individual investing account. If you don't have one already, you’ll be prompted to open one when turning on Round-ups.

1. Go to Spending (money icon)
2. Select Round-ups
3. Choose your investment by selecting an existing holding or search for a new investment with the Search tool
4. After selecting the preferred investment, read through the agreements and confirm

To edit

1. Go to Spending
2. Select Round-ups
3. Select Settings (gear icon)
4. Select Investment Selection
5. Choose a new investment
6. Review and confirm the change
7. Or option to select Brokerage Cash
8. Review and confirm

To pause

When you pause, your set aside round-ups will be available in your spending account. Those round-ups will not be automatically invested.

1. Go to Spending
2. Select Round-ups
3. Select Settings (gear)
4. Toggle the Round-ups to switch to Pause

To resume

1. Go to Spending
2. Select Round-ups
3. Select Settings (gear)
4. Toggle the Round-ups to switch to On
5. Select an investment
6. Read through the agreements and confirm

You can choose to skip your scheduled round-up order after your set aside round-ups have been transferred to your individual investing account on Monday and before Tuesday 6 AM ET. The round-up amount will be returned to your brokerage buying power.

1. Go to Spending
2. Select Round-ups
3. In Round-up Orders, select the pending order, and then select Skip order

We’ll set aside your round-ups for your eligible transactions when they’re completed and no longer pending.

Transactions that complete as a whole dollar won’t be rounded up. For example, if you spend a total of $3 to buy a cup of coffee, because $3 is a whole dollar amount, there isn’t any change to round up and set aside so the transaction won’t be rounded up.

The following types of transactions aren’t eligible for round-ups:

• Transactions that complete as a whole dollar (for example $5)
• Transactions that complete as less than $1
• ATM withdrawals
• Cash-equivalent transactions, such as cash transfers, peer-to-peer transfers, traveler checks, foreign currency, money orders, wire transfers, or gift cards
• Lottery tickets, casino gaming chips, or similar betting transactions
• Unauthorized or fraudulent charges

Your eligible debit card transaction might not have rounded up for a number of reasons, including:

• You didn’t have sufficient funds in your spending account to cover the round up amount when the transaction completed
• Your spending account was restricted when the transaction completed
• You reached your weekly round-up cap of $100

Your round-up amount for a transaction is based on the amount when it completes. If the amount changes when the transaction completes, the round-up amount can change as well.

Your weekly round-up order may have been canceled for a number of reasons, such as:

• Your brokerage account had an account deficit
• Your spending, individual investing, or crypto account had a restriction
• Your individual investing account was set to position-closing only, meaning you weren’t able to place buy orders
• The investment you selected was not eligible to be a recurring investment
• There was a trading restriction on your selected investment
• Your order size was too small
• A technical error occurred

Your weekly round-up order may have failed for a number of reasons, including:

• The transfer from your spending to individual investing account failed due to an issue
• The order creation failed due to an account restriction
• A technical error occurred

Round-ups are sent from your spending account with, and are a service of, Robinhood Money. The Robinhood Cash Card is not used for stock or crypto-related transactions. Sutton Bank is not involved in the stock or crypto-related transactions. You authorize the transfer of round-ups from your spending account with Robinhood Money to your Affiliate accounts. You must separately place a recurring trade order with Robinhood Financial LLC to invest in securities, or with Robinhood Crypto, LLC for crypto trades. You need an individual investing account with Robinhood Financial LLC to be eligible for round-ups.

All brokerage products and services are provided by Robinhood Financial LLC. Robinhood Crypto, LLC provides crypto trading pursuant to applicable state money transmission and virtual currency licenses.