Robinhood revives checking with new debit card & 2% interest

This time it actually has insurance. Zero-fee stock trading app Robinhood is launching Cash Management, a new feature that earns users 2.05% APY interest on uninvested money in their account with the ability to spend it through a special Mastercard debit card. The waitlist opens today in the US with the first users to be admitted soon.
“If you have $5000 in your account while you’re thinking about what to invest in, you’d have an extra $105 at the end of the year” thanks to Robinhood Cash Management’s interest, co-CEO Baiju Bhatt tells me.

See These Links:

https://techcrunch.com/2019/10/08/robinhood-cash-management/

https://newpaper24.com/robinhood-revives-checking-with-new-debit-card-2-interest-techcrunch-newpaper24/

http://tech.trendolizer.com/2019/10/robinhood-revives-checking-with-new-debit-card-2-interest-techcrunch.html

https://www.pinterest.es/pin/691513717768654672/