Thinking to move some money there but Citizens already offers 3.75% APY without having to pay $5/month https://www.secure.citizensaccess.com/Citizens/savings
Robinhood can lose your money
RH is setting lower bound of Fed funds rate, so on 14th Dec rate will move to 4.25%.
Yes
Also does money market funds like SNAXX outperform a HYSA?
Withdrawing my rh funds and downgrading from gold. Cash earning interest is always less than it should be. Scammy company
Where are you moving your cash now?
Sofi savings. 3.5% But i honestly dont trust RH. I asked them why my cash earning interest was lower than it should be, oww it was a bug etc. i asked a few rh employees, they told me not to park money with RH. They were underpaying 50% less and sais will fix it in next month’s interest. No thank you i am out
Probably after the December hike.