From email.
Hi,
We’ve lowered the annual margin rate from 5% to 2.5%, one of the most competitive rates in the industry.
Since you’re already using margin, the margin rate used for your billing cycle will be at 5% until December 20 and 2.5% for the rest of your billing cycle. As a result, you will see a blended rate on your next billing date depending on when and how much you were borrowing.
Check out the details of your new rate in the app. Thank you for being a Robinhood Gold customer, and please reach out if you have any questions. We’re happy to help.
Submitted December 21, 2020 at 07:46PM by kikosalazar https://ift.tt/2Wy3kGt
