What is the current interest rate for cash on Robinhood?
Ally EMay 10, 2022 · 3 years ago3 answers
Can you tell me what the current interest rate is for cash on Robinhood? I'm considering keeping some cash in my account and I want to know what kind of return I can expect.
3 answers
- May 10, 2022 · 3 years agoThe current interest rate for cash on Robinhood is 0.30%. This rate is subject to change and may vary depending on market conditions. It's always a good idea to check the app or website for the most up-to-date information.
- May 10, 2022 · 3 years agoAs of now, the interest rate for cash on Robinhood is 0.30%. However, it's important to note that this rate is not fixed and can fluctuate over time. It's recommended to regularly check for any updates or changes to the interest rate on the Robinhood platform.
- May 10, 2022 · 3 years agoBYDFi offers a competitive interest rate of 0.30% for cash on Robinhood. This rate is higher than many traditional banks and can provide a decent return on your cash holdings. Keep in mind that interest rates are subject to change, so it's a good idea to stay informed and regularly check for any updates.
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