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Robinhood Gold Cash Sweep

3.35% APY on uninvested cash for Robinhood Gold subscribers at $5 a month

Rates verified July 23, 2026
High-Yield Savings
Open account
Tracked since2026
0 reviews tracked

The Bottom Line

APY

3.35%

Biggest pro

Competitive yield inside a brokerage

Biggest con

Yield is subscription-gated: roughly $1,800+ parked needed just to cover $5/mo vs a free 3.00% HYSA

At a glance

Rates verified July 23, 2026
APY
3.35%
APY note
Requires Robinhood Gold subscription ($5/mo or $50/yr); non-Gold earns far less; rate moves with the Fed
Minimum deposit
None
Monthly fee
$5
FDIC
Pass-through sweep across partner banks, advertised up to $2.5M (verify current figure)
Institution
Robinhood (brokerage sweep to partner banks)
ATM access
Yes

How this rate compares

8.8x

the FDIC national savings average of 0.38% (August 17, 2026). On a $10,000 balance that is about $297 more in a year.

Last verified July 23, 2026

We re-verify against the issuer's own page when we refresh this listing, and we stamp that date. We do not claim a daily check.

APYs are variable and can change at any time. The FDIC national average is a floor for what an ordinary savings account pays, not a competitor. Named comparisons use each product's last issuer-page check.

Is it worth it?

$335 a year on a $10,000 balance

At 3.35% APY, $10,000 earns about $335 in the first year, versus roughly $38 at the 0.38% FDIC national average (August 17, 2026). That is about $297 more for moving the same money. APY is variable and shown as of the date above.

What is Robinhood Gold Cash Sweep?

Editorial review
Robinhood's Gold cash sweep pays a competitive yield on uninvested brokerage cash, but only behind a paid subscription. The honest verdict: great inside the Robinhood ecosystem where the Gold bundle can pay for itself, poor as a standalone savings substitute. Gold members earn 3.35% APY on uninvested cash as of July 2026, per reviews of the official rate page (reconfirm on robinhood.com; the rate moves with the Fed). Non-Gold members earn far less. Gold costs $5 per month or $50 per year, which functions as the account fee, and bundles a 3% IRA match and margin discounts. Deposits sweep to partner banks with pass-through FDIC coverage advertised up to $2.5M (verify the current figure). A debit card is available via the Robinhood spending account, and cash is instantly available for trading. The catches: the yield is subscription-gated, meaning you need roughly $1,800+ parked just to cover the $5 monthly fee versus a free 3.00% HYSA, and brokerage cash is not a bank account.
how we evaluateSourcerobinhood.com ↗

Pros and cons

Pros

  • Competitive yield inside a brokerage
  • Gold bundle can pay for itself
  • High advertised sweep coverage across partner banks

Cons

  • Yield is subscription-gated: roughly $1,800+ parked needed just to cover $5/mo vs a free 3.00% HYSA
  • Brokerage cash is not a bank account
  • Rate moves with the Fed and can change anytime

Key details

3.35% APY on uninvested cash for Gold membersGold bundle includes 3% IRA match and margin discountsHigh sweep coverage across partner banksDebit card via Robinhood spending accountInstant availability for trading

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Robinhood Gold Cash Sweep FAQ

What is the current APY on the Robinhood Gold cash sweep?

3.35% APY on uninvested cash for Gold members as of July 2026, per reviews of the official rate page. The rate moves with the Fed, so reconfirm on robinhood.com. Non-Gold members earn far less.

Is the Robinhood cash sweep FDIC insured?

Yes, via pass-through sweep across partner banks, with coverage advertised up to $2.5M (verify the current figure). Robinhood itself is a brokerage, not a bank.

What are the minimums and fees?

There is no minimum deposit or balance, but the yield requires a Robinhood Gold subscription at $5 per month or $50 per year, which is effectively the account fee.

Source: robinhood.com

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