Robinhood Cash Card is a debit card issued by Sutton Bank that can be used by Robinhood users to make purchases online or in-person, reserve hotels or open a tab at a restaurant, and withdraw cash from ATMs among other things.
This card works anywhere that Mastercard® is accepted around the world.
Users who opt for a virtual card can use it online and through mobile payment services like Apple Pay, Google Pay, and Samsung Pay.
Users can use their Robinhood Cash Card 24/7, as long as they have enough available cash in their spending account to cover purchases.
Available cash is any cash that users have in their spending account that they can withdraw or spend, and they can find the amount of available cash they have at the top of the Spending tab.
When users use their Robinhood Cash Card, Robinhood holds money from their account to cover the cost of the purchase.
Users will see a Pending item in the Recent History section of the Spending tab until the purchase amount is final and the money is actually moved out of their account.
Robinhood Money declines transactions that users don’t have enough cash or margin available to cover.
However, in some cases, the final amount of a transaction exceeds the amount that was originally approved, such as when leaving a large tip on a Robinhood Cash Card at a restaurant. In such cases, the user may experience an account deficit.
Users can change their PIN at any time from the Robinhood app by tapping the card in the Cash tab and selecting Change PIN.
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.