Robinhood Cash Management is FINALLY Here – A First Look and Review

💲 Follow My Trades on the mobile app, Iris!
(Username @inthemoney)

💎Get 2 free stocks valued up to $1,400 when you deposit $100 in WeBull:

💎Sign up for Robinhood and get a free stock, like Visa, Microsoft, or Apple! –​​

💎Sign up for M1 Finance and automate your investing:​
(I use M1 for my long-term investments)

💎I use Atom Finance to keep track of my M1 portfolio:​

💎Try out TastyWorks, an options-focused brokerage:
(Depositing $2,000 helps support my channel)


💰Support the channel directly –​

All promotions apply to the time the video is posted but may change and become irrelevant in the future. This description will not be updated to reflect this, check the newest video for the most up-to-date promotions.

You should not treat any opinion expressed on this YouTube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this YouTube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This YouTube channel is not under any obligation to update or correct any information provided in these videos or their descriptions. Statements and opinions are subject to change without notice.

Past performance is not indicative of future results. This YouTube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this YouTube channel. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested or lose more than their original investment. Investments or strategies mentioned on this YouTube channel may not be suitable for you. This material does not consider your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this YouTube channel. Before acting on information on this YouTube channel, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor.


Robinhood’s cash management service and debit card is here. Let’s take a look under the hood.

Congruent with the design of their app, Robinhood opted to take a simplistic approach to implementing this feature. This isn’t a bad thing. The characteristics of Robinhood’s debit card and cash management are straightforward and practical, including most everything you would want from an actual bank. While favoring this efficient design, they certainly left out a few arguably useful features. Regardless, this is an appreciated, although not trailblazed, stride towards streamlining personal finances.

Robinhood’s debit card allows you to withdraw from over 75,000 ATM’s across the united states and make day-to-day purchases wherever Mastercard is accepted. In addition, with an account and routing number provided by Sutton Bank, you can initiate a direct deposit from your employer to Robinhood. This way, your finances can be more centralized. A great addition, I think. Meanwhile, those funds that are uninvested earn 1.8% APY.

Robinhood and its cash management service is a welcome addition to the brokerage’s platform. I hope you’re as excited as I am. Merging investing and banking into one service is a joy I didn’t know I wanted but I’m glad I have. Now, Robinhood includes options, stocks, cryptocurrency, and cash management. That is quite the slew of benefits. xoxo

You May Also Like