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Robinhood Unveils Banking for Gold Members with 4% APY

3/27/2025

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Story summary
  • Robinhood Banking is now available for Gold members, featuring checking and savings accounts with a 4% APY and FDIC insurance up to $2.5 million.
  • The service offers cash delivery, international money transfers, and exclusive luxury experiences.
  • Gold subscribers will benefit from Cortex, an AI-powered research assistant providing trading insights.
  • Robinhood collaborates with Coastal Community Bank for banking services, without pursuing FDIC insurance directly.