Robinhood Cash Card Review 2025: Everything You Need to Know

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Robinhood recently released their updated debit card for 2024, known as the cash card. In this video I give an honest review of the new debit card and compare it to Robinhood's old Cash Management debit card. We go over a full review and all the pros and cons in this video.

This video talks about the newly updated debit card from Robinhood. This is Robinhood's 3rd attempt at a debit card a few years now. The new cash card's biggest new features compared to the old cash management card is; earn stock and crypto rewards with "round-ups", everyday savings, and paid two days early with direct deposit. With the new improvements, will I keep the updated cash card/debit card in my wallet or are there better debit cards currently on the market such as the acorns debit card, PayPal debit card, Yotta bank debit card, Cash app debit card, Venmo debit card, etc.

Timestamps
0:00 - Intro for Robinhood's Cash Card
0:42 - Basic benefits to the new Robinhood Cash Card
2:30 - (4) Completely new benefits of Robinhood's Cash Card
4:58 - Who’s the new Robinhood Cash Card/debit card good for?
5:19 - Final thoughts on Robinhood's new Cash Debit Card
5:46 - Outro for Robinhood's Cash Card

#robinhood #robinhoodportfolio #PersonalFinance #FinancialApp #InvestingApps #robinhoodapp

With Robinhood's new features to their 3rd debit card attempt it seems like these took a lot of inspiration from Acorns investing app. The Acorns investing app has the same exact features with round-ups and saving on certain businesses that the company has a deal/relationship with. I was hoping Robinhood would bring completely new features and benefits to the industry and debit card world, but seems like they just took the ideas from other companies.

For the main question, will I actually be using the new Robinhood debit card and keep it in my wallet comes to one main factor. Will it offer benefits and rewards than my current credit cards. The answer for me in currently no.Therefore, I don't actually use the new debit card. Hopefully in the near future Robinhood can included even more benefits and features that make me use the cash card regularly and keep in my wallet.

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A lot of people hate Robinhood, but I absolutely love it. INCREDIBLY easy to use and soo convenient.

baviation
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I recieve 10% cash back now on almost everything I purchase in March 2023.

TheDoomWizard
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Robinhood is the One.

Long Live Robinhood.

Dean-qecl
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so u can make everyday purchases using this card??not just for investing

gio-
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Many prepaid debit cards charge different purchase or transaction fees. Some go far as charging fees for ATM balance inquiries.

bj
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On second 58 of the video you say that the card is covered by the FDIC. That is not true, the correct statement is "Up to $250, 000 may be eligible for FDIC insurance through our partner bank JP Morgan Chase Bank, N.A, Member FDIC"

Key word "may be eligible for FDIC insurance"

rigobertofernandez
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What happens if you don’t upgrade or sign up for the new cash card? I mean, if I keep using the old cash management card? Will it stop working until I get the new one?

andreamtz
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I personally have been using for about 2 months it’s it’s cool, also I’ve been earning money from un used money in my spending account and when I do use it it gives cash back ! Those alone have been pretty cool . And I just recently signed up for direct. Deposits from my job checks I’ll keep this comment section updated .

victors
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Just letting you know your mic has some squeaking sound 😊 awesome video as well

Pens-and-morez
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I've been on the list for far too long now. I gave up on this card

ecamacho
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Does one even need to use it? No right you can keep the card without using it

benjaminhuescas
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Your videos have helped me reach over $180, 000 in trading by age 23! Thanks Kevin. Keep the videos coming. 👍🏽

whitestone
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can you deposit cash into the cash card at a atm?

franksingh
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Yes, sometimes they charge 5$ or whatever for new cards

drewpally
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Yes I have it, might not use it too much.

borisstrong
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Why was the first debit card a bust?? I have it, and it works just fine lol

silverandblackentertainment
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Roundups is a terrible idea bc when you make a purchase, Robinhood will Buy Stock without evaluating value of that stock… Robinhood could Buy Stock at the WORST moment just bc the roundup is “automatic”

urielgiovanni