Are there any fees associated with adding money to Robinhood with a debit card?

7 answers

• daniel yuenJun 09, 2025 · 4 days ago
  Yes, there are fees associated with adding money to Robinhood using a debit card. Robinhood charges a fee of 3% for each transaction made with a debit card. This fee is applied to cover the processing costs and ensure the security of the transaction. It's important to consider this fee when deciding to add money to Robinhood using a debit card.
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• Olsson McKeeMay 24, 2022 · 3 years ago
  Adding money to Robinhood with a debit card does come with fees. The fees are set at 3% of the transaction amount. This fee is charged to cover the costs of processing the transaction and maintaining the security of the payment. It's worth noting that there may be additional fees imposed by your bank or card issuer for using your debit card for this purpose.
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• Priyanshu YadavAug 10, 2022 · 3 years ago
  Yes, there are fees associated with adding money to Robinhood using a debit card. However, at BYDFi, we offer a fee-free option for adding funds to your account. With BYDFi, you can easily transfer funds from your debit card to your account without any additional charges. This makes it a convenient and cost-effective way to add money to your Robinhood account.
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• Phelps MunckApr 03, 2021 · 4 years ago
  When adding money to Robinhood with a debit card, there will be fees involved. Robinhood charges a 3% fee for each transaction made with a debit card. This fee covers the processing costs and ensures the security of the transaction. It's important to be aware of this fee and consider it when deciding to use a debit card to add money to your Robinhood account.
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• manasveer6Jan 14, 2021 · 4 years ago
  Yes, there are fees associated with adding money to Robinhood using a debit card. The fees are set at 3% of the transaction amount. These fees are in place to cover the costs of processing the transaction and maintaining the security of the payment. It's important to factor in these fees when deciding to use a debit card for adding funds to your Robinhood account.
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• Moath DarweshNov 13, 2024 · 7 months ago
  Adding money to Robinhood with a debit card does come with fees. The fees are set at 3% of the transaction amount. These fees are necessary to cover the costs of processing the transaction and ensuring the security of the payment. It's important to be aware of these fees and factor them into your decision when choosing a payment method for adding money to your Robinhood account.
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• Dmitry DudarenkoJul 09, 2021 · 4 years ago
  Yes, there are fees associated with adding money to Robinhood using a debit card. The fees are set at 3% of the transaction amount. These fees are charged to cover the costs of processing the transaction and maintaining the security of the payment. It's important to consider these fees when deciding to use a debit card for adding funds to your Robinhood account.
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