Yes. They are prompting users to upgrade before 16 May when cash management accounts are set to close. I’m currently holding off until the last minute to see if they’ll offer any incentive.
Don’t worry, after 5-6 days you will see it. Robinhood sends notifications telling you when the transaction will be completed. Let’s say you looked at your bank statement and it showed that Robinhood pulled out your money, after that it takes several days to complete transaction. While you are waiting, Robinhood gives you $1,000 instant cash, which is not the same, you cannot transfer it back to your bank.
I recently opened up a Robinhood account. It won’t let me apply for the card. What can I do? Or should I just wait?
Is the transfer from spending to brokerage cash instant?
Yes, in the app FAQs on the topic it says it is instant between the two.
Yes, transfers are instant and fee-free because both accounts are internal to Robinhood. Source: FAQs
@@mlc2537 how is it done please
No
Hate to say it but I think your TV is infected with Ophiocordyceps unilateralis
Are they shutting down the old cash management accounts if you have one?
Yes. They are prompting users to upgrade before 16 May when cash management accounts are set to close. I’m currently holding off until the last minute to see if they’ll offer any incentive.
@@richard1493 Thanks!
Hello I need your help, I have money on my spending account in robinhood, can I buy crypto with it?
I can’t access my cash in my Robinhood account?!
Help? I transferred money into my account to purchase more stock but I can’t access it! $2100!!!
Don’t worry, after 5-6 days you will see it. Robinhood sends notifications telling you when the transaction will be completed. Let’s say you looked at your bank statement and it showed that Robinhood pulled out your money, after that it takes several days to complete transaction. While you are waiting, Robinhood gives you $1,000 instant cash, which is not the same, you cannot transfer it back to your bank.
Nice