Robinhood launches 3% checking account

Re:Robinhood launches 3% checking account by cbdumas on Thursday December 13, 2018 @06:09PM (#18676987)

What incentive would I have to use a well branded debit card over a credit card that gives cash back?

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Re:Robinhood launches 3% checking account by hakfoo on Thursday December 13, 2018 @08:19PM (#18677642)

I could see an effective marketing campaign making debit a social signal.

Being able to make a large purchase on debit means you can afford it right now-- just as dropping a stack of $100 notes would signal.

In contrast, paying with credit can be a pose-- you look like you can afford the $1000 purchase, but it hides the dark secret that you'll be paying for it well into the next decade.

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Re:Robinhood launches 3% checking account by philip1209 on Friday December 14, 2018 @04:38AM (#18679616)

I think it's also about control and understanding your spending.

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