Robinhood starts rolling out its Cash Management service, which offers 1.8% interest, debit cards, and FDIC coverage on deposits through bank partnerships
Robinhood Markets Inc. has finally launched its take on a bank account, albeit a very different version of the service it once hoped to offer.
Cash Management is going live! 🎉💰💳📱 We're launching to the first customers today so look out for your invite! Get more flexibility with your brokerage account to invest, spend, and earn 1.80% Annual Percentage Yield (APY) on your uninvested cash. http://rbnhd.co/... pic.twitter.c…