Robinhood users are likely to receive a debit card on creating the account. There are more than 13M users who are currently enjoying the services offered by the card. So if you are new to the account it’s important to learn how to activate the Robinhood debit card. There are other topics that we are going to look upon – Robinhood active account already exists, how to activate option trading on Robinhood, robinhood.com support activate the card, and so on.
What are the benefits of activating the Robinhood Card?
Nowadays many platforms accept only online payments which will be a better option if you do not have enough funds to pay for the purchases made. As your card will be linked to the bank account you can easily get through your funds whenever you feel the need. Simply taking the card you can swipe it and make the payments.
With the help of the Robinhood card, you can use it at ATMs to make withdrawals. Not only this but there is also an option to trade on Robinhood once you activate the card. Clearly, in the policy, it is mentioned that no maintenance fees will be incurred and this seems to be a great advantage for the users after activating the card.
Another advantage of the card is that, allocated by Sutton Bank. The routing number, ACH number, and other account info are attached to Sutton Bank. On creating the account the card safety protection will also be enabled.
Before taking Robinhood cards to the stores you need to make sure that the card is active or not.
How do you activate your Robinhood Debit Card?
The steps involved to activate the debit card of Robinhood are as follows:
- Create an account:First and foremost, you need to sign up for a Cash Management Profile of Robinhood. While registering into it you need to carry all the necessary information related to the account like SSN. This will verify the account.
- Add a payment method:You need to add funds to the card by adding a bank or payment method because Robinhood does not approve checks or cash deposits.
If the card is linked to the bank account the card will show the balances of your account. - Cash Management option:After requesting for the physical card to arrive at your doorstep you need to wait for 2-5 working days.
On receiving head to the Cash Management option. - Select the option:The option “Cash Management” will show the transaction history, balance available, and much more.
You will ask “Have you received the card”. Just tap the Yes button and then enable the Spend Alerts tab. - Make online and offline payments:Once you complete the above steps your card will be activated successfully. You can now use it for Retail or Online purchases.
How do I activate Robinhood cards on the App?
- Tap the Sign-in tab in the App.
- Next, click the Cash Tab option.
- After that, tap the “Have you received your card?“ link.
- Now tap on the Yes tab.
- Then proceed to select the “Turn on Spend Alerts” option.
- At last click on the “Turn on Location Protection” option.
If you are an active Robinhood user and you are confronting the error “Robinhood active account already exists” then this might be due to some trading application that stopped approving the shares of AMC and GameStop.
In case you are facing some issues with the account or card-related issues reach out to robunhood.com to seek support from themhttps://www.youtube.com/embed/f9G_vxFy6IY