Paycheck investments

How can I invest my paycheck?

You can transfer part of every paycheck into securities through Robinhood Financial, crypto with Robinhood Crypto, or leave it as cash in your individual investing account earning interest with the Brokerage cash sweep program.

Split my paycheck

To get started, you need to set up direct deposit for your spending account. After you’ve set up direct deposit, you can split your paycheck between either investments or brokerage cash.

Automatic investments

To transfer a portion of your paycheck into automatic investments in the app or on web classic:

Go to Spending (money icon)
Under Paycheck investments, select Get started
Select I already set up direct deposit
Select Investments
Choose an investment or use the search tool to find one
Select Continue
Choose amount type in either dollar amount or percent
Enter the amount and choose the frequency
Select Review → Swipe up to submit → Done

Individual investing account

To transfer a portion of your paycheck to your individual investing account in the app or on web classic:

Go to Spending
Under Paycheck investments, select Get started
Select I already set up direct deposit
Select Brokerage cash
Choose amount type in either dollar amount or percent
Enter the amount and choose the frequency
Select Review → Schedule transfer → Done

How can I view my recurring paycheck investments?

You can view your history in Spending → Recent history.

How can I edit, pause, or cancel my recurring paycheck investments?

You can edit, pause, and cancel your recurring paycheck investments at any time under Paycheck investments.

App

To edit, pause, or cancel recurring paycheck transfers:

Select Spending
Under Paycheck investments, select Manage investments
Select the investment you want to change
To pause, switch the Recurring toggle to Off
To edit the amount, select the amount and enter a new amount
To edit the payment method, select the payment method, and then select a different paycheck option
To cancel, select Cancel investment and confirm

Web classic

To edit, pause, or cancel recurring paycheck investments:

Select Spending
Under Paycheck investments, select Manage investments
Select the investment you want to change
To pause, select Pause investment
To edit the amount, select Edit investment and enter a new amount
To edit the payment, select Edit investment, and select a different option from the Payment dropdown
To cancel, select End recurring investment and confirm

Disclosures

With paycheck recurring investments, you authorize Robinhood Money to transfer a portion of your paycheck from your spending account with Robinhood Money to your Affiliate accounts. You must place a recurring trade order with Robinhood Financial, LLC for securities or with Robinhood Crypto, LLC for crypto through this program.

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