Robinhood plans to launch online banking, which it says will include perks like home cash deliveries. The service will offer a 4% annual interest rate, Robinhood said in its announcement.

Take into account that the stock was priced around $55 in mid-May 2025 and has already surged by nearly 2x in less than 3 ...

In addition to the 3% base rate, the Robinhood Gold Card offers 5% cash back on travel booked through the Robinhood travel portal. To put these rewards into perspective, let's say you spend $2,000 ...

Robinhood will now pay subscription customers a 5% annual percentage yield (APY) on uninvested cash, the company told CNN on Wednesday. That’s far higher than traditional banks and among the ...

Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.

Thus, I expect that Robinhood's sales from interest should fall back to $50M to $150M by 2025 (quarterly), with a wide range as it remains unclear if my aggressive rate-cut outlook will hold.

*Assumes you earn the Robinhood Gold's 3% flat rate and Active Cash's 2% flat rate With the additional $200 welcome bonus, the Active Cash becomes the clear winner -- but only for the first year.

But Robinhood's business then caught a tailwind when the Federal Reserve rapidly hiked interest rates. The company earned truckloads of interest revenue on its own cash, its customers' cash, and ...