Wanna park your Cash? How's Robinhoods new 3% saving account sound
Unheard of yeah try that with the big banks. If your holding cash you may want to check this out..
Robinhood is offering new 3% saving account today.
Popular online stock-trading platform Robinhood is offering checkings and savings accounts with an interest rate that's roughly thirty times higher than the national average.
"Robinhood Checking & Savings" accounts have no fees or account minimums, building off of the company's free stock-trading model that ushered in 6 million users and a $5.6 billion valuation in its five-year existence.
The company is launching a new app on Thursday that will house its stock trading alongside the checking accounts.
You have to download the Robinhood app to take advantage of it.
www.robinhood.com