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What are the fees associated with using a Robinhood cash card for trading digital assets?

avatarAd9_mi_LDRDMp3nFCZLDRZSICDec 25, 2021 · 3 years ago3 answers

Can you please provide a detailed description of the fees associated with using a Robinhood cash card for trading digital assets? I would like to know the costs involved before using this service.

What are the fees associated with using a Robinhood cash card for trading digital assets?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! When using a Robinhood cash card for trading digital assets, there are a few fees to keep in mind. First, there is a fee of $5 per month for the cash management service. This fee covers the cost of providing the cash card and access to the associated features. Additionally, there may be fees for ATM withdrawals, which can vary depending on the ATM operator. It's important to note that these fees are separate from any fees associated with trading digital assets on the Robinhood platform. It's always a good idea to review the fee schedule provided by Robinhood for the most up-to-date information.
  • avatarDec 25, 2021 · 3 years ago
    The fees associated with using a Robinhood cash card for trading digital assets include a monthly fee of $5 for the cash management service. This fee covers the cost of providing the cash card and access to the associated features. In addition, there may be fees for ATM withdrawals, which can vary depending on the ATM operator. It's important to be aware of these fees before using the cash card for trading digital assets.
  • avatarDec 25, 2021 · 3 years ago
    When using a Robinhood cash card for trading digital assets, there is a monthly fee of $5 for the cash management service. This fee covers the cost of providing the cash card and access to the associated features. It's important to note that this fee is separate from any fees associated with trading digital assets on the Robinhood platform. Additionally, there may be fees for ATM withdrawals, which can vary depending on the ATM operator. It's always a good idea to review the fee schedule provided by Robinhood to understand the full cost of using the cash card for trading digital assets.