Wednesday, December 11, 2019

Robinhood Rolls Out 1.80% APY Cash Management Account to First Customers

A year after its first attempt to launch a bank-style account, brokerage app Robinhood announced today that it has begun to roll out its new cash management feature — which offers 1.80% APY on uninvested cash — to the first set of customers who were on the Robinhood Cash Management waitlist. Cash management accounts, which...



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