The Robinhood Cash Card Explained | (PLUS My Max Rewards Strategy)

This video explains everything you need to know about the new Robinhood Cash Card and my strategy to maximize the rewards bonus with the card.
🔑 ➔ Robinhood (Free Stock up to $200): rdguarantee.link/Robinhood
💰 Best Financial Apps:
➔ CashApp (Free $5): rdguarantee.link/CashApp
➔ Venmo (Free $10): rdguarantee.link/Venmo
💎 Wallets and Financial Lifestyle Gear
➔ Andar (CODE: "Guarantee15" for 15% off): rdguarantee.link/Andar-Lifest...
🏦 Best Banking & Checking
➔ SoFi High Yield Savings and Checking: rdguarantee.link/SoFi-Checkin...
💳 My Favorite Cards:
➔ Capital One Venture X Rewards Credit Card (75K Bonus Miles): rdguarantee.link/Capital-One-...
➔ American Express® Gold Card (60K Rewards Points): rdguarantee.link/AmEx-Gold-Card
➔ Discover It Card ($100 Statement Credit): rdguarantee.link/Discover
➔ SoFi Credit Card ($50 Bonus): rdguarantee.link/SoFi-Card
➔ Chase Freedom Flex℠ ($200 Cash Bonus): rdguarantee.link/Chase-Freedo...
☕️ Let’s Connect:
➔ buymeacoffee.com/TheRDGuarantee
The Robinhood Cash Card might be the best debit card in the market if you use it right. Robinhood has replaced their old Cash Management program, with the new Cash Card. This is Robinhood's Debit Card "2.0" and it is much improved than the older version. Robinhood's Cash Card has an innovative rewards program and offers more reward partnerships than many other debit cards out there.
I'll explain what benefits the Cash Card offers and my strategy to maximize these benefits. Additionally, I'll show you how Robinhood investing and Robinhood spending are split and how to work both accounts.
Let me know if you have any questions down in the comments below!
Intro 0:00-1:20
How it Works 1:21-2:29
Round-ups 2:30-3:59
Instant Savings 4:00-4:59
Paycheck Features 5:00-6:11
Earning Interest 6:12-7:07
Maximizing Rewards 7:08-8:35
Should you get this card? 8:36-10:55
Timestamps:
🚩Disclaimer: I am not a financial advisor. These videos are entertainment purposes only. Any stocks/financial services discussed on the video are not to be considered “investment recommendations”. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. You (and only you) are responsible for the financial decisions that you make. If you click on links associated with the channel, I may earn a small commission if you choose to purchase any related products. My opinions are my own and I am not influenced by the products that I review. However, I make videos to inform, create discussion and entertain and these videos do not reflect the opinions or values of anyone else other than myself.

[@heidichalfant5643]

I love the round up card. I go to dollar tree every day and buy one item that I need. $1.25 spent to get $0.75 in my company of choice, plus the round up of up to $0.75 I get an average of 33% bonus every week averaged out. ❤❤❤ I can’t say enough good things about this card.

[@TheRDGuarantee]

Great example of using this card for Max Rewards

[@calebcardain]

They took away the bonuses 💔

[@heidichalfant5643]

@@calebcardain I know. I’m really upset about that 😕

[@exchi]

No way this guy is this handsome and this smart. Gotta be AI

[@lonestarmelting9728]

Does the roundups work just in stores or for online purchases like Amazon?

[@nathengonzalez4050]

Did Robinhood just recently cancel the round up match feature? Great video by the way!

[@ahnonamos]

Great video. Thank you. I have been wondering about this feature. I appreciate the comprehensive overview!

[@TheRDGuarantee]

Awesome! Glad to help out.

[@ShlomoTv]

Nice video!

[@TheRDGuarantee]

Glad you liked it!

[@andrewmazza2903]

How do I get off the waitlist? I have been one the waitlist for what seems like at least 2 years at this point.

[@mrabrasive51]

How do you sign up for the card?.i cant find any way to do it in my acct. Why do they have to make this stuff so difficult!?

[@lifewithjon6809]

How do you get the debit card?

[@Embrxceyourdemons]

Word on the street Is that the round up bonus has kicked the bucket. Anyone experienced the same Thing?

[@PabloEscobar-oc6yh]

Just to be clear I can use the card wherever I want for small purchases n with the round up feature I’ll get a kick back? Or do I HAVE to use the card in the stores they want me to use the card at?

[@TheRDGuarantee]

You can use the card in person at any store. As long as your purchase is over $1 and you have roundups turned on, you'll get a kickback in free money as a bonus.

[@PabloEscobar-oc6yh]

@@TheRDGuarantee Thank you bro. Definitely getting one then!

[@calebgrignon7665]

How easy/quick is it to transfer funds from your investment account to your cash account? I would like to earn the big APY with robinhood gold, but I also want to be able to have enough cash available in the cash account to use the card.

[@TheRDGuarantee]

Very easy / instantly

[@neyquam]

🔥

[@fertilityqueen7880]

How much can you withdraw at once on rh debit card

[@Lovemusic90000]

$400.00 max per day with $2.50 fee

[@Sharpshooter649]

Until they suddenly end the roundup program in Sep 2023

[@viralmouser]

Yea it sucks

[@bigred805100]

RIP roundup

[@readerocean]

They still have the round up, no bonus

[@danielchuaire5015]

Make around 20 a month with cash back Bank of America. Its way nore than little pennies of Robinhood i rather take those 20 bucks and invest them at the end of the month. Not worth it in my opinion. Also dont help your credit score

[@TheRDGuarantee]

Agreed. Credit cards aren't right for some people though, but there are better debit cards to get more cash back reward with and still provide additional benefits.

[@WeAllWeGot333]

I agree a credit card makes more sense here and investing like this doesn’t make sense to me I just have automated payments so there is always passive investing happening every paycheck