A well -known name Robinhood in the field of cryptocurrency is now going to step into the field of banking. The company has recently announced Robinhood Banking, which will provide all the benefits of private banking to gold users. Under this new service, gold members of Robinhood Change will be able to take advantage of Special Financial Service and Luxury Features. This step of Robinhood crosses the limits of traditional banks and makes features such as high-aged savings, VIP access and dedicated account management. The official launch of this service will be in the end of this year and it will only be available for Robinhood Gold Users. With this, if you want to read more news related to Crypto Exchanges, then our Crypto exchanges You can study by going to the section.
Robinhood is in banking FDIC Insurance up to 4% APY and $ 2.5m
The biggest attraction in Robinhood Banking is its 4% APY (Annual Share Submit), which is much higher than traditional banks. Apart from this, FDIC up to $ 2.5 million on the deposit of customers in this service Insurance Will also get $ 250,000 of Traditional Banking Services Insurance The limit is more than. Robinhood has taken this step with the objective to make high-end features easier for everyone in the banking world, not only limited to rich and big investors. Along with this, members of Robinhood Banking can remove their amount from their bank account at any time and even cash can be ordered directly at their home, without any ATM requirement.
Of robinhood Gold users will get VIP access and luxury experience
Robinhood banking is not only limited to finical service, but it will also give gold users a chance to many luxury experiences. Members can get VIP access in major events like Met Gala, The Oscars, Formulation 1’s Monaco Magnificent Prix and The Masters. Apart from this, gold users will also get benefits such as private jets, luxury choffers and high-end travel experience, which are available only to the richest customers in traditional banking services. This step of Robinhood can prove to be a new route opening in the field of banking and investment, as it is also trying to provide premium features to common users.
This new service of Robinhood Banking will provide gold members a fennel experience, including checking and savings accounts, besides children, will also include special features with spending control and perks for children. The aim of the company is that this service should be as interested and easy as possible, so that every person can easily take advantage of it.
Safety and priority customer service
Robinhood is also quite serious about banking safety. Gold users Priority customer service Facilities like Financial Advice and Dedicated Account Management will also be available. In addition, the company has safety for its customers Priority Give and therefore on the deposit amount up to $ 2.5 million Insurance too Will be provided. Robinhood says that it aims to solve the problem caused by old banks.
The official launch of Robinhood Banking will be in the end of this year and then the Robinhood Credit Card app will be converted into a full-service banking platform. Right now around 3 million signs have been done and Robinhood is preparing to release 100,000 extra spots to further increase this service. Similarly, recently Robinhood also made another important announcement, which stated that, Robinhood US Regulator Probe Agreement Will pay for $ 30M for.
Conclusion
Robinhood has announced to give premium services and luxury experience to gold users, stepping into the banking world. 4% APY, $ 2.5 million FDIC Insurance And facilities like VIP access cross the limits of traditional banks. This step of Robinhood can prove to be important towards making financial services easier for everyone, which will also give the best banking experience to common users.
