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Invest, spend, and earn 2.05% APY*–all through your brokerage account.
Our goal at Robinhood is to democratize finance. This means delivering products that help you do more with your money and improve your life. Today, we're excited to introduce Cash Management, a new feature to give you more flexibility with your brokerage account.
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Flexible Spending
Use your Robinhood debit card anywhere Mastercard® is accepted around the world.
 
Earn 2.05% APY
Your uninvested cash is moved to banks in our program that pay you 2.05% APY*. Like all variable rates, this could go up or down over time.
 
FDIC Insurance
Your cash in the program banks is eligible for up to $1.25 million of FDIC insurance, or up to $250,000 per bank, subject to FDIC rules.
 
75,000+ ATMs
Don't pay fees at any of the 75,000+ ATMs in our network.
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For the next two weeks, you can earn increasing levels of Stock-Back™ rewards when you shift your everyday spending to your Stash debit card.* 

Every qualifying swipe over $5 gets you closer to leveling up your Stock-Back rewards. Levels start tomorrow and reset to zero on Monday, November 18.


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Browsing Archive: February, 2020

Canopy Growth's surprise earnings hint at a cannabis turnaround

Posted by Goyo Large on Wednesday, February 19, 2020, In : 848FINACE 
  

"Those our sales numbers? Nice."

  
Last Week’s Market Moves 
  
Dow Jones
29,398 (+1.03%)
S&P 500
3,380 (+1.56%)
Nasdaq
9,731 (+2.24%)
Bitcoin
$9,808 (+0.53%)
10-Yr US Treasury
1.588% 

Hey Snackers,

Pro tip for WeWork ex-CEO Adam Neuman: Don't put your $37.5M NYC penthouse on the market like you just did — just turn it into a coworking apartment.

Stocks rose last week despite a worsening coronavirus situation (the death toll is now higher than SARS'). 

Want to start getting Snacks daily? Or prefer to u...

Continue reading ...
 

What is Passive Income?

Posted by Stash Learn on Wednesday, February 19, 2020, In : 848FINACE 

4 min read 

Many people dream of earning income without ever having to go to a nine-to-five job, or working in the daily grind.

That idea isn’t as far-fetched as it seems. In fact, it’s the concept behind earning passive income. Passive income is different from active income, which is the wages you earn by working for a paycheck or salary.

Instead, passive income is generated without active, daily participation from you. It could be money you make by owning an apartment and collecting rent f...


Continue reading ...
 
 
 
 
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