Robinhood Savings Rates & APY
Latest rate data:
Savings Accounts
Robinhood Banking Savings
Bank sweep / cash account · FDIC
3.60%
APY
Minimum balance
$0
Opening deposit
$0
Savings APY requires an annual Robinhood Gold subscription ($50/year). Qualifying direct deposit is required for checking APY and certain additional benefits, not savings APY.
Account details & sources
Rate observed
Oct 13
Observed change
+0.10 pp
The product page and linked agreement may display different dated APYs; use the current verified savings rate, not a brokerage cash-program yield.
Robinhood is a financial technology company, not a bank; banking services are provided by Coastal Community Bank, Member FDIC, with deposit sweep coverage through program banks.
Compare fees, requirements, and alternativesRate history
Last observed APY 3.60% on Oct 13, 2026; up 0.10 percentage points since Jul 13, 2026.