Is cash in Robinhood FDIC insured?

3 answers

• canounJan 22, 2023 · 3 years ago
  Yes, the cash in Robinhood is FDIC insured. Robinhood partners with a number of banks to provide cash management services, and the funds are insured up to $250,000 per account by the Federal Deposit Insurance Corporation (FDIC). So you can trust Robinhood with your cash.
  271

  136
• Dip ChakrabortyApr 16, 2023 · 2 years ago
  Absolutely! The cash in Robinhood is FDIC insured. Robinhood works with partner banks to provide cash management services, and the FDIC insurance ensures that your funds are protected in case of bank failure. So you can have peace of mind when keeping your cash in Robinhood.
  275

  92
• Asher RiveronOct 09, 2021 · 4 years ago
  Yes, the cash in Robinhood is FDIC insured. Robinhood partners with various banks to offer cash management services, and the FDIC insurance provides protection for your funds. It's important to note that FDIC insurance covers up to $250,000 per depositor, per insured bank, so make sure to keep that in mind.
  308

  77