The 3% cash back credit card among other benefits looks pretty good to me. What’s the catch?#investments #stocks
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5% high yield looks pretty good
Ever heard of t bills? It won’t be 5% as soon as interest rates drop
Yea… most blinders looking for HYSA don’t need the liquidity. It’s easily an extra 25% doing TBills.
Been using for over 5 years, have a few hundred thousand dollars. Def worth it.
It's worth it if you have over $1200 cash on average sitting on the sidelines.
You can get 5% from other banks too without any fees
This is more for active traders that have cash on hand.
If I transfer my IRA, will I get a 3% match? Say I transfer 100k in an IRA, does that mean I get 3k cash? Not sure what the catch is.
U will get 3k deposited in your IRA account
Yes it’s worth it. They have gotten an insane amount of transfers lately.
But it’s robinhood. We don’t like robinhood.
False, all conspiracy theories
Blaming Robinhood when other brokerages had the same issues is dumb
People may have bad experiences, but I love their interface. So easy to use
Every designer ever
I've been on gold for a while. The interest rate pays for itself, and you get instant deposits (up to a certain amount). I have about 40% of my assets parked in Robinhood. Also just got on the wait-list for the 3% cash back card.
Is this coming from their X1 card acquisition? X1 had similar perks in addition to a 'nice metal card'.
Yep
X1 card started out great, slowly got worse and worse. Atm you need to spend like $15-20K a quarter and constantly check their boosts to average 3% cashback