As the stock market continues to experience volatility, many people are looking for a safe place to stash their savings and uninvested cash.
In response to this demand, Robinhood—the popular financial app—has recently adjusted its interest rates on Robinhood Gold accounts to about a 4% annual percentage yield (APY) on uninvested cash as of mid-2025.
But is it worth moving your savings to Robinhood to take advantage of this competitive APY?
In this article, we will explain how Robinhood's high yield savings feature works in 2025 and help you decide if it's the right option for you.
Robinhood Gold subscribers have access to the best available rates in 2025.
By opting into Robinhood's cash sweep program, Robinhood deposits your uninvested money with multiple partner banks, which earn a competitive 4% APY interest rate as of the end of 2024 and into 2025.
Funds swept into partner banks are FDIC insured up to applicable limits, but keep in mind your money technically resides at third-party banks rather than a single traditional bank account.
Customers can withdraw or invest swept cash at any time, and money can be freely transferred between Robinhood brokerage accounts and Robinhood spending accounts, which remain distinct.
The Robinhood Gold subscription currently costs $5 per month or an annual option at $50.
The 4% APY Robinhood Gold offers remains competitive compared to many high-yield savings accounts available in 2025, which typically range between 3.5% and 4.5% APY.
To determine if the $5 monthly fee pays for itself purely through interest:
Besides the yield, consider that Robinhood Gold offers additional features useful for active investors, such as market research and margin benefits, which may increase its overall value depending on your investing and cash management habits.
Compare this with other fintech apps or standalone savings accounts, which might offer similar or slightly better yields without subscription fees but lack integrated investing tools.
In 2025, Robinhood is actively expanding beyond brokerage services into full-scale banking, including features like cash delivery and seamless spending tools.
This evolution is part of Robinhood's vision to create a unified platform where users can invest, save, spend, and access credit all within one app.
The high-yield savings function is a key component of this integrated ecosystem, potentially reducing the need for external financial apps.
Upcoming banking features and innovations may enhance or modify the attractiveness of the Robinhood Gold savings benefits as the platform evolves.
Because APYs change based on federal monetary policy and partner bank decisions, it's important to check the latest rates in your Robinhood app to make informed decisions.
Additionally, weigh the value of Robinhood Gold's overall features and costs in the context of your typical investing behavior and how much uninvested cash you hold.
Don't forget to claim your free stock worth up to $200 from Robinhood today!
