Unlicensed states

If you move to an unlicensed state, your Robinhood spending account and Cash Card will be closed within 30 days of your change of residential address.

After your residential address changes, you’ll no longer be able to make any new transactions with your spending account or Cash Card. Any pending transactions, disputes, or refunds will continue to be processed through your spending account until it’s closed.

If you have any recurring transfers set up to or from your spending account, they’ll be canceled immediately and the service will no longer be available to you.

If you have authorized a third party to initiate payments to or transfers from your Cash Card or other accounts, such as paychecks deposited into your spending account by your employer, you’re responsible for contacting these third parties (including your employer) and asking them to change the transfers to a different account. We will decline such payments or transfers.

You can withdraw money at any time until the account is closed.

If your spending account has any remaining balance available when it’s closed, we’ll do one of the following with it:

• Automatically transfer it to your individual investing account.
• If you don’t have a individual investing account, we’ll transfer it to the bank account linked to your spending account.
• If no bank account is linked to your spending account, we’ll send you a check to the last known address we have on file.

If you want to keep your spending account, you must provide us with proof of your current residential address in a licensed state, such as a recent utility bill or other document with your name and mailing address (dated within 60 days). You can upload it within the app where prompted, or by contacting Robinhood support.