{"id":15566,"date":"2025-03-28T06:45:04","date_gmt":"2025-03-28T06:45:04","guid":{"rendered":"https:\/\/imsfund.com\/?p=15566"},"modified":"2025-03-28T06:45:04","modified_gmt":"2025-03-28T06:45:04","slug":"robinhoods-new-bank-accounts-offer-cash-deliveries","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2025\/03\/28\/robinhoods-new-bank-accounts-offer-cash-deliveries\/","title":{"rendered":"Robinhood&#8217;s New Bank Accounts Offer Cash Deliveries"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>You can get anything <a href=\"https:\/\/www.entrepreneur.com\/starting-a-business\/these-grandparents-make-10000-a-month-on-their-delivery\/477636\" rel=\"follow\" target=\"_self\">delivered<\/a> nowadays, from groceries to shampoo to <a href=\"https:\/\/www.entrepreneur.com\/business-news\/i-tried-buying-a-car-through-amazon-here-are-the-pros-cons\/484116\" rel=\"follow\" target=\"_self\">a new car<\/a>. But cash? That&#8217;s usually reserved for people with special needs or especially high bank accounts.<\/p>\n<p>But on Wednesday, at its second annual keynote event, &#8220;<a href=\"http:\/\/robinhood.com\/thelostcityofgold\" rel=\"follow\" target=\"_self\">The Lost City of Gold<\/a>,&#8221; Robinhood, a fintech platform for buying and selling stocks, ETFs, and cryptocurrencies, announced a slew of new products and services, with one perk standing out: <a href=\"http:\/\/robinhood.com\/banking\" rel=\"follow\" target=\"_self\">banking options<\/a> with cash deliveries.<\/p>\n<p>&#8220;With Robinhood Banking, we&#8217;re trying to solve many of the challenges presented by legacy banks,&#8221; said Deepak Rao, GM and VP of Robinhood Money, <a href=\"https:\/\/newsroom.aboutrobinhood.com\/introducing-strategies-banking-and-cortex\/\" rel=\"follow\" target=\"_self\">in a statement<\/a>. &#8220;Robinhood Banking is thoughtfully designed to be as easy to use as possible, while still delivering cutting-edge features historically reserved for the ultra-wealthy.&#8221;<\/p>\n<p>Robinhood&#8217;s Gold membership program ($5 monthly or <a href=\"https:\/\/www.businessinsider.com\/robinhood-banking-gold-subscribers-wealth-managment-investment-ai-2025-3\" rel=\"follow\" target=\"_self\">$50 annually<\/a>) gives users access to the company&#8217;s premium features and the new banking program, which will offer traditional checking accounts, high-yield savings accounts, and other private banking services for individuals and families.<\/p>\n<p>Members will get exclusive tickets to events like the Met Gala, Oscars, F1 Monaco Grand Prix, and The Masters, plus discounts on private jet travel and members-only vacation clubs.<\/p>\n<p><b>Related:<\/b> <a href=\"https:\/\/www.entrepreneur.com\/business-news\/robinhood-introduces-a-credit-card-comes-in-10-karat-gold\/471756\" rel=\"follow\" target=\"_self\">Robinhood Is Offering a Credit Card for the First Time \u2014 and It&#8217;s Available in 10-Karat Gold<\/a><\/p>\n<p>Other perks include getting<b> <\/b>&#8220;cash delivered on-demand right to your doorstep,<b> <\/b>eliminating the need for an ATM,&#8221; the statement reads.<\/p>\n<p>There&#8217;s no word yet on how the cash deliveries will take place, what identification will be required, or how the company will ensure the safety of its drivers.<\/p>\n<p>The fine print only adds: &#8220;Cash delivery service coverage varies based on geographic location.&#8221;<\/p>\n<p>The program also offers instant transfers and wire services.<\/p>\n<p>&#8220;Our goal is for Robinhood to give you a world-class financial team in your pocket, with cutting-edge tools you can&#8217;t find elsewhere,&#8221; said Vlad Tenev, chairman and CEO of Robinhood, in the statement.<\/p>\n<p><b>Related:<\/b> <a href=\"https:\/\/www.entrepreneur.com\/business-news\/robinhood-ceo-bank-customers-ripped-off-offers-5-apy\/465512\" rel=\"follow\" target=\"_self\">Robinhood CEO Says Big Banks Are Taking Advantage of Americans. Now His Company Wants to Put More Money Into Your Wallet \u2014 No Investing Required.<\/a><\/p>\n<p><sup><b>Want to read more stories like this?<\/b> Subscribe to <i>Money Makers<\/i>, our free newsletter packed with creative side hustle ideas and successful strategies. <a href=\"https:\/\/info.entrepreneur.com\/money-makers-newsletter?utm_campaign=Money-Makers-Newsletter&amp;utm_source=Website&amp;utm_medium=Article&amp;utm_content=Text-Link-1\" rel=\"follow\" target=\"_self\">Sign up here.<\/a><\/sup><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/robinhoods-new-bank-accounts-offer-cash-deliveries\/489183\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You can get anything delivered nowadays, from groceries to shampoo to a new car. But cash? That&#8217;s usually reserved for people with special needs or especially high bank accounts. But on Wednesday, at its second annual keynote event, &#8220;The Lost City of Gold,&#8221; Robinhood, a fintech platform for buying and selling stocks, ETFs, and cryptocurrencies, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":15567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1743101829-money-delivered-1478421000.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-15566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=15566"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15566\/revisions"}],"predecessor-version":[{"id":15568,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15566\/revisions\/15568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/15567"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=15566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=15566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=15566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}