Robinhood launches 3% checking account

Re:Robinhood launches 3% checking account by teach on Thursday December 13, 2018 @03:18PM (#18675650)

> Income is deposited wherever you indicated to your employer. This can be separated between savings accounts, retirement accounts, checking accounts, investment accounts, or even deposited directly to prepaid cards.

As an American, I agree with all of the corrections in your comment except for this one.

I'm willing to accept that your employment history is different than mine but I've never had an employer that supported this and I'd be really surprised if most Americans did.

My employers have given me a choice: paper paycheck or direct deposit of the full amount. Full stop.

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Re:Robinhood launches 3% checking account by jkqwzsoo on Thursday December 13, 2018 @04:05PM (#18676105)

That's odd. I've always had the option for partial direct deposit (redirect a fixed $ amount or redirect a fixed % from each check to different accounts). Even my college job at a café had that option (to be fair, the checks were from the state comptroller's office, so the same system used to pay all state employees).

My last employer even let me choose if I wanted monthly, bimonthly, or biweekly paychecks.

[Edit: I shouldn't say that it's odd. It just runs counter to my experiences is all.]

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