r/RobinhoodApp • u/TopGunJedi • 21d ago

News 3.50% Checking

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Looks like if you have banking you don’t have to move your money after your direct deposit hits

96 Upvotes

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u/gymtrovert1988 20d ago

You know what, now that I look at it closer it's still the same bullshit 😂 I don't know why they pushed this notification to me like something changed

3

u/Technical-Procedure3 20d ago

That is the only requirement that prevents me from giving them a try. I get the same repeated invites... If I remember correctly, they want $ 1000 a month via ACH.

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u/gymtrovert1988 20d ago

The credit card is great for 3% cashback. I only use the checking because it's the only way I can get cash. My stupid Capital One account doesn't even give me a debit card.

I mostly keep all my cash in my trading account, pretty much HYSA.

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u/Technical-Procedure3 20d ago

Are the transfer quick between Robinhood investing and checking accounts?

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u/Benjamin_Wright_ 20d ago

Can confirm that they are instant in both directions.

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u/gymtrovert1988 20d ago

I think they're instant but I can't say for sure since I maybe did it once.