Robinhood announces new 'Cash Management' service with 2.05% interest on unspent brokerage funds

Robinhood announces new ‘Cash Management’ service with 2.05% interest on unspent brokerage funds

It’s been nearly a year since the stock investment and cryptocurrency company Robinhood paused its launch of no-fees checking and savings accounts. It was forced to make changes after mistakenly claiming that its industry-leading 3% interest rates were insure…

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