Robinhood: 3% yield
Update: Not real.
TL;DR: Using Robinhood to get 3% yield on your cash, coming soon!
Robinhood has expanded it’s capabilities to feature zero-commission stock, option, and cryptocurrency trading for it’s users. For that reason alone, it’s a pretty good deal.
Now you can claim your spot on the wait-list to get in on a 3% yield account that seems to act like a savings account*.
Once you enter the Robinhood app, tap on the Cash Management tab (the “$” sign) to get on the waitlist!
Happy Saving,
TheJKW
*One criticism about this has been whether these accounts will be FDIC-insured. Updates will be given as this unfolds. Either way, 3% back is huge!