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Robinhood - I’m off the waiting list and on their 1.8% account

Posted on 1/31/20 at 12:15 pm
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7131 posts
Posted on 1/31/20 at 12:15 pm
Should get my debit card in 10 days.

Thinking about moving some of me savings there because it gets a better rate (barely, 1.8% v 1.7%).
Posted by Dr.Funke
Not a real Doctor
Member since Dec 2011
642 posts
Posted on 1/31/20 at 12:45 pm to
I don't think it's worth the trouble for such little difference. I plan on moving some money from a checking account though. I'm still around 35,000 on the list.
Posted by DynaMike
Member since Aug 2015
853 posts
Posted on 1/31/20 at 1:47 pm to
Spoiler alert:









The package with the card is pretty cool
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1539 posts
Posted on 1/31/20 at 3:04 pm to
I am at 304,209 in line today out of 1,113,343

I have no idea how you get "chosen". I have 5 digits of money with them although closer to 10k than 50k
Posted by Volt
Ascension Island, S Atlantic Ocean
Member since Nov 2009
2960 posts
Posted on 1/31/20 at 3:27 pm to
Pretty sure they go in order. I’m over 700,000 and have closer to the 50k with them.

I like the no fee debit card also. Sick of paying the ATM fees for a non-Chase machine.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26579 posts
Posted on 1/31/20 at 7:07 pm to
It's FDIC insured this time, I hope
Posted by KamaCausey_LSU
Member since Apr 2013
14510 posts
Posted on 1/31/20 at 7:26 pm to
quote:

It's FDIC insured this time, I hope

They put your money in real banks that are FDIC insured.
Posted by LesThanPrefect
Cenla
Member since Dec 2010
888 posts
Posted on 2/1/20 at 8:06 am to
Fun fact: if you tap the on the card, you move up one spot in line. Start working those fingers!
Posted by sland36
Baton Rouge, LA
Member since Jan 2009
1814 posts
Posted on 2/2/20 at 9:19 am to
I was in the first 4000. Got my card a few weeks ago, but haven't used it. I do enjoy seeing the interest build up, unlike a traditional bank savings account.
Posted by KamaCausey_LSU
Member since Apr 2013
14510 posts
Posted on 2/2/20 at 11:31 pm to
quote:

Fun fact: if you tap the on the card, you move up one spot in line. Start working those fingers!

You can tap up to 1000 times per day. Trust me.
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