Check out the BEST Card Offers HERE: [ Ссылка ]
Click “Show More” to see my Favorite Financial Tools
▽MY FINANCIAL TOOLS▽
💳 Credit Cards
➤ BEST Credit Cards: [ Ссылка ]
----------
💰 Chime Fully Online Banking
➤ Sign-Up for Chime HERE: [ Ссылка ]
➤ Chime Credit Builder HERE: [ Ссылка ]
----------
🏦 SoFi Complete Money Management
➤ Checking & Savings - [ Ссылка ]
➤ Credit Card - [ Ссылка ]
➤ Invest - [ Ссылка ]
➤ Budgeting - [ Ссылка ]
----------
💸 Bankrate | Checking, Savings, and CDs
➤ Checking - [ Ссылка ]
➤ Savings - [ Ссылка ]
➤ CD - [ Ссылка ]
----------
📊 Wealthfront Automated Investing
➤ First $5,000 Managed for FREE - [ Ссылка ]
----------
💵 Current Card
➤ Current | Modern Banking App - [ Ссылка ]
----------
📸 MY CAMERA GEAR
➤ My Camera: [ Ссылка ]
➤ My Microphone: [ Ссылка ]
➤ My Lights: [ Ссылка ]
Music License Credit: "Boost" - Joakim Karud
The awesome music is by Joakim Karud
Check Out Their Work At: [ Ссылка ]
Music License provided by Music for Vlogs
You have probably briefly heard me mention Robinhood before In relation to a beginner investing tool however Robinhood recently came out with a new cash management system and after fighting my way through the very long waitlist, I have received my Robinhood debit card and have had a chance to use it and honestly, I think it is a fantastic and unique product. Full disclosure I have absolutely no relationship with Robinhood I am simply a supportive user and the only benefit I get is sharing my referral link with my friend's family and all of you since they do offer a free stock to you and me if you sign up through my referral link.
If you're anything like me and for some reason care about what your credit card and debit card look like then this card will definitely not disappoint. I opted for the black option but when you put your name on the waitlist for Robinhood you can choose from several different colors including black white green and I think there's even a stars-and-stripes option. But I'm sure to most normal users the color and look of the card has absolutely no meaning so what features does this card offer over a regular debit card.
So most people will have a savings account or a checking account through a bank and they also have a separate brokerage that they do their investing through like TD Ameritrade or fidelity. But Robinhood has combined these two services under one roof which means you can use your investment account as you would a savings account with a debit card but still have the ability to invest that cash through their app whenever you need to.
In addition to the investing / debit card feature, this account also offers a much higher interest rate than your average bank account. When they initially launched their cash management service, it came with a 1.8% interest rate which is significantly higher than most bank accounts. Obviously, because of recent events, interest rates have fallen across the board and currently, it is sitting at 0.3% which I know doesn't sound like a lot but this is still better than most bank accounts and this interest rate will likely go back up once the Federal Reserve raises interest rates again. All of your uninvested cash is also FDIC-insured which I know was a large issue that Robinhood ran into the first time they tried to offer a similar service but they definitely fixed that with their most recent cash management and your money is fully FDIC-insured up to 1.25 million dollars and I really hope you don’t keep that much in Robinhood!
There are also a number of other features under the cash management section of the Robinhood app. One of my favorites that is very common on most cards nowadays is the ability to lock your card remotely if you lose it or simply want to pause the ability to use it for whatever reason. They also offer location protection which will keep your card from being used outside of a certain radius from your cell phone's location. And of course, they also offer the standard fraud monitoring and spend alerts that can again be managed under the cash management tab in the Robinhood app.
Magnified Money may receive compensation for sending traffic to partnered sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers.
The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
