Link Cash App To Robinhood - Frugal Reality

Can You Link Cash App To Robinhood? How To Transfer?

If you’re familiar with investing apps, you surely know Robinhood’s popularity, with over 22 million users. Robinhood provides 100% commission-free stock trades, options, exchange-traded funds, and cryptocurrency. 

It’s seen a significant increase in funded linked bank accounts by 151% in the past year—a growth from 7.2 million to 18 million linked accounts. 

It’s not uncommon for Robinhood users to use Cash App, one of the most popular peer-to-peer (P2P) payment apps today. You may be wondering if you can connect your Cash App with your Robinhood account.

So, can you link Cash App to Robinhood? 

Short Answer: Yes, you can link Cash App to Robinhood and vice versa. You need to link your Cash App account to Robinhood by adding your debit smart card to make a successful transfer.

Although the lining process is straightforward, there are some conditions. So, we suggest reading our comprehensive guide on how to link the two apps.

Can You Link Cash App to Robinhood?

You can link Cash App to Robinhood and vice versa by connecting your Robinhood debit card to Cash App. Through JPMorgan Chase Bank, you can transfer money from Cash App to Robinhood. It’s simply transferring funds between accounts within the same bank instantaneously.

Remember that Robinhood has switched its cash management ACH transfers from ‌Sutton Bank to JPMorgan Chase Bank.

We’ll discuss more about Cash App money transfers in the coming sections.

How To Link Cash App With Robinhood?

Linking Cash App with Robinhood is straightforward with your Cash App routing number.

Follow these steps to link Cash App with Robinhood:

  1. Launch the Robinhood app on your iPhone or Android device.
  2. Select the Account symbol on the bottom right of the home page.
  3. Select “Transfers.”
  4. Tap “Linked Accounts.”
  5. Choose “Add New Account Option.”
  6. Scroll down the page, and select “More Banks.”
  7. Choose the “I Don’t See My Bank” option. 
  8. Select “Checking or Savings.” 
  9. Enter your Cash App routing number and account details.

See our guide on how to deposit a check on Cash App.

How to Transfer Funds From Robinhood to Cash App?

You can transfer funds once your Cash App and Robinhood are connected.

Follow these steps to transfer money from Robinhood to Cash App:

  1. Open Cash App on your iPhone or Android device.
  2. Connect your debit smart card to your Cash App account by selecting “Add Credit Card” on the “My Cash” menu and entering your card number.
  3. You can fund your account once your debit card is connected.
  4. Once linked, the money will be transferred from Robinhood to your Cash App wallet. 

See our guide linking a credit card to Cash App.

How to Transfer Funds from Cash App to Robinhood?

Just like transferring money from Robinhood to Cash App, it’s easy to transfer it back.

Follow these steps to transfer funds from Cash App to Robinhood:

  1. Launch Cash App on your iPhone or Android device.
  2. Connect your debit smart card to your Cash App account by selecting “Add Credit Card” on the “My Cash” menu and entering your card number.
  3. Conduct the “Cash Out” process on your Robinhood debit card.
  4. The money will be transferred automatically from your Cash App to your debit card.

Learn if you can overdraft a negative balance on Cash App.

What Bank Does Cash App and Robinhood Use?

Robinhood and Cash App currently use JPMorgan Chase Bank. Cash management ACH transfers transfer funds from one account to another inside the same bank without wasting time.

Switching from ‌Sutton Bank to JPMorgan Chase Bank will enhance Robinhood’s ability to meet users’ cash management needs. As a result, it provides a more consistent and reliable experience.

Read the Robinhood Q&A guide on the JPMorgan Chase Bank switch.

Learn how to remove bank accounts on Cash App account.

Why Can’t I Link Robinhood to Cash App?

Robinhood may be unable to link to your Cash App successfully. In this case, we recommend linking your Robinhood debit card to your Cash App account instead.

To be clear, you can link your Robinhood debit card to your Cash App instead of connecting your Cash App to your Robinhood account. Furthermore, the Robinhood debit card can be linked to outside brokerage accounts. In addition, the debit card can be used for offline and online purchases and ATM withdrawals.

See our guide on why Cash App can’t link card at this time error message.

How To Get a Robinhood Debit Card?

You can get a Robinhood debit card through the Robinhood app. The debit card can be used to make purchases, pay bills, or even withdraw cash from an ATM where Mastercard is accepted. In addition, the Robinhood debit card can link to your Cash App account to transfer money.

The Robinhood debit card is just like a traditional bank-issued debit card. However, its virtual debit card option allows you to use it online with major payment apps such as Apple Pay, Google Pay, Samsung Pay, GreenDot, Chime, and Netspend.

A Robinhood brokerage account will offer additional benefits once you upgrade to Robinhood Cash Management. For example, linking your debit card and the ability to use the proceeds from your stock, options, and crypto trading.

That’s assuming there are available funds after purchases with the debit card as long as funds are available. Unfortunately, cash is not available for Robinhood unsettled funds for crypto.

Additionally, you have access to sending and receiving payments between financial institutions once the direct deposit time hits.

See our guide on the time Cash App direct deposit hits your account.

How Long Does It Take To Get Robinhood Debit Card?

Upon request, it takes between five to seven days to get a Robinhood debit card. There are four different physical Robinhood debit cards to choose from. The cards can be used in-person, online, on your mobile device, or linked to your Apple Pay or Google Pay account.

In addition, you can get a virtual Robinhood debit card within a few days upon request. Follow the instructions on the Robinhood app or during online registration to order a virtual card. You’ll have access to your debit card funds after receiving it.

The physical and virtual Robinhood debit card can be used 24/7 if you have enough cash in your brokerage account to cover the purchases.

See our guide on fast food restaurants that take Cash App cards.

How To Find Your Robinhood Routing Number?

You can find your ACH account number and routing number in your Robinhood app by tapping the “Transfer” button under the “Cash” tab.”

The Robinhood routing number identifies the financial institution. While the ACH routing numbers are nine-digit numeric identifiers assigned to each US financial institution for electronic transfers.

Since Robinhood uses JPMorgan Chase Bank, your brokerage account transfers may appear in your transaction history from Chase instead of Robinhood. It’s because Robinhood uses the Chase routing number to transfer.

As always, use the Robinhood app or contact customer service to confirm the routing number.

See our guide on PNC, Wells Fargo, Navy Federal Credit Union, and Chase routing numbers and wire transfers for each state.

How To Find Robinhood Account Number?

Your Robinhood Securities (RHS) account number is necessary when transferring money to or from your account.

Steps to find your Robinhood account number:

  1. Launch the Robinhood app on your iPhone or Android device.
  2. Tap the “Account” icon on the bottom right corner of the homepage.
  3. See the “Account No.” with RHS on it or go to “Settings” and select “Account Information.”

When transferring accounts, you may need to reference a Depository Trust Company (DTC) number. For example, the DTC number for Robinhood is 6769.

See our guide on how to connect Cash App with Plaid.

Is Cash App vs. Robinhood Better for Trading Stocks?

Cash App and Robinhood offer stock trading and don’t charge account maintenance fees or require a minimum balance. Additionally, the online stock brokers charge the same fee to transfer stock out of an account. 

However, Robinhood is one of a few online trading platforms to trade options commission-free, unlike Cash App. Furthermore, Robinhood also offers cryptocurrency trading without commission, but Cash App only trades Bitcoin and charges a fee per transaction.

Although Robinhood has similar trading hours to its competitors, it’s considering switching to a 24-hour online brokerage firm. For example, Bitcoin is already a security that trades 24/7 globally. However, Cash App bitcoin and stock trades are only available during market hours, Monday – Friday, 9:30 am to 4 pm EST.

Also, consider Cash App if you don’t want to trade options and cryptocurrency outside of bitcoin. On the contrary, Robinhood has more offerings like stocks, options, and trading of various cryptocurrencies.

See our guide on buying and selling stocks on Webull.

Link Cash App To Robinhood Summary

Cash App can be linked to Robinhood and vice versa. Adding your debit card to your Cash App account is necessary to make a successful transfer. However, if it’s not possible, you can also use a Robinhood debit card to connect to your Cash App.

Similarly, online trading apps offer their own advantages. For example, Cash App is a comprehensive online financial management tool, while Robinhood offers more flexibility for online trading and the lowest fees.

Linking Cash App and Robinhood together offers easier money transfers for more convenience.

See our guide on the clearance fees charged at Cash App.

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