Supercharge your cash with rates and products usually reserved for the 1% — Only $5/month.
Let the numbers do the talking.
Calculate how much you can earn with Robinhood Gold.
Potential Gold rewards value
5% APY
Your uninvested brokerage cash balance$10,000
$0$500,000
1% Deposit Boost
Your brokerage deposits$15,000
$0$500,000
3% IRA Match
Your annual IRA contributions*$4,000
$0*2024 IRA contribution limit is $7,000
3% Cash back
Your Gold Card spend$10,000
$0$100,000
Total rewards breakdown
$500
$150
$120
$300
Calculation does not include the cost of Gold membership ($60/year when paid monthly).
No minimum balance and up to $2.5 million in FDIC insurance through partner banks – Earn 8x the national savings average.* No cap.
*As of May 22, 2024 based on data from Bankrate. Terms apply. Rate subject to change.
The only swipe
that matters
Invest or earn interest on all that extra cash when redeemed into a Robinhood brokerage account. It’s a win win.
Subject to credit approval and underwriting. Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (RCT), is a financial technology company, not a bank.
Boost your IRA
with Gold
You contribute, we boost. Get a 3% match on eligible IRA contributions.
Earn more on every
dollar you deposit
From a buck to a billion, earn an extra 1% on every eligible deposit.
You added $15 to your lifetime 1% boost.
Access industry leading rates and tools with Gold
Unlock $1k of interest-free borrowing
Combined with access to industry-leading margin rates (5.7%-6.75%)
Move at market speeds
Access up to $50K instant deposits daily
Dig in deeper
Real time insights with Nasdaq Level II data and analyst reports from Morningstar
Get to know all the benefits of Gold
How is Robinhood able to offer 8x the national savings average? How does it work?
We're always looking for ways to help our customers make their money work for them. We leverage a network of partner banks to offer you a competitive APY on your uninvested cash.
Once you have Gold, all you need to do is opt in to the brokerage cash sweep to have your uninvested brokerage account cash automatically “swept,” or moved, into deposit accounts at a network of program banks to earn interest.
How can you give 10x the FDIC insurance of a standard bank's $250K?
That's easy... we've got 12 partner banks so you can enjoy a combined coverage of up to $2.5 million FDIC insurance across all of them.
How do I earn the 3% IRA Match and when is it paid out?
You can earn the 3% match on all new IRA contributions, up to the contribution limit.
The IRA Match will generally be available in your account and ready to invest when your deposits are completed. You must stay subscribed for Gold for one year in order to keep the 3% deposit match. See the IRA Match FAQ for more details about how it works.
Is there a limit on how much interest I can earn?
Nope! There is no cap or max on how much interest you can earn.
Is it hard to withdraw my cash? How long does it take to get it out?
It's your money, you can access your money whenever you want. Bank transfers can take up to 4-5 days or you can choose the instant withdrawal option for a 1.5% fee.
How quickly can I move my money from earning interest to making an investment?
Instantly! Your uninvested cash can be used to invest at any time to purchase assets in your brokerage account or IRA.
How is this different from a savings account?
Cash sweeps provide a way to ensure your money is not sitting idly in your brokerage account when it could be earning interest at a bank. With Robinhood Gold, your uninvested cash earns interest in bank deposit accounts at our network of partner banks. Interest is paid out monthly.
How do I pay for Gold?
Your brokerage account will be charged the monthly subscription fee every 30 days at the beginning of each billing cycle. Try Gold for free for your first 30 days.
