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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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Fed cuts rates for second time in three months:Our perspective on today’s Fed decision

Posted by E Trade on Thursday, September 19, 2019

 
E*TRADE 
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Fed spotlight
 
Fed cuts rates for second time in three months
In a widely anticipated move, the US Federal Reserve today announced that it would cut the federal funds rate by a quarter of a percentage point to a target range of 1.75%–2.00%. 

While the US labor force continues to grow, today’s move may signal a concern by the Fed that tariffs and a slowdown in global growth could dampen the US economy. Lower rates can potentially offset weakness by encouraging lending and investment. 

For details on what this news might mean for the markets and your portfolio, check out our latest commentary below.
 

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