5 Issues to Know In regards to the Robinhood Platinum Card

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On any checklist of essentially the most unique bank cards, the Robinhood Platinum card would make an look. Its $695 annual commission and upscale perks put it on par with different top class bank cards available on the market.
As of this writing, even though, the cardboard isn’t open to common programs: Like its little sibling, the Robinhood Gold card, the Platinum is to be had by way of invitation handiest.
And earlier than you request your invite, you’ll need to take a excellent have a look at the Platinum’s laundry checklist of credit. The cardboard very a lot follows the “coupon guide” development that used to be began by way of different top class playing cards, and the use of the ones advantages is vital to offsetting the cardboard’s hefty commission. However like conventional coupons, those perks have expiration dates, exemptions, and eligibility necessities that may make the them extra of a headache and no more of a approach to squeeze price from the cardboard.
Chase Sapphire Reserve Credit Card
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As of April 2026, the Robinhood Platinum card isn’t extensively to be had. If you wish to have an opportunity at making use of, you’ll enter your e-mail deal with at the card’s web site to request get right of entry to.

In case you have your attractions set on a top class bank card, different forged choices are gettable at the moment — so long as your credit score ratings are prime sufficient. For instance, the $795-annual-fee Chase Sapphire Reserve® is a forged selection to the Robinhood Platinum. It has one of the vital similar advantages because the Robinhood Platinum, like front room get right of entry to and commute credit, plus a beneficiant welcome bonus: Earn 125,000 bonus issues after you spend $6,000 on purchases within the first 3 months from account opening.

In contrast to the Chase Sapphire Reserve®, the Robinhood Platinum does not have a welcome be offering.

2. Praise charges prefer heavy commute spenders

The Robinhood Platinum card’s praise charges vary from 5x to 10x issues, relying at the class. Observe that the most efficient charges are reserved for commute booked via Robinhood’s commute portal. If you happen to don’t like being tied to that individual reserving platform, you stand to lose a large number of price from this card. The Robinhood Platinum earns the next rewards:

  • 10x issues on inns and apartment automobiles booked in the course of the Robinhood Trip Portal.

  • 5x issues on eating, as much as $50,000 in annual spending. After that, the cardboard earns 1x.

  • 5x issues on flights booked in the course of the Robinhood Trip Portal.

  • 1x issues on all different purchases.

Issues could also be redeemed for a deposit right into a Robinhood brokerage account, reward playing cards, commute, commentary credit and extra. The price of 1 level varies relying at the redemption choice, however issues are typically price an trade same old penny each and every when redeemed for money again as a deposit right into a Robinhood brokerage account.

3. Charges are a story of 2 extremes

There’s no ignoring this card’s $695 annual commission, one of the most best possible on as of late’s marketplace. However, the cardboard doesn’t have a penalty APR, overseas transaction commission, steadiness switch commission, or approved consumer commission, which is odd for a card at that worth level.
Then again, for those who upload a licensed consumer to the Robinhood Platinum card and wish them to have one of the vital card’s advantages, you’ll owe up to $395. In trade, your approved customers can get complimentary memberships to Serve as Well being, Amazon One Clinical, Oura and Precedence Cross Make a selection. They’ll additionally rise up an utility commission credit score for World Access or TSA PreCheck.

4. Credit can offset the once a year commission — however learn the high quality print

The Robinhood Platinum card is loaded with more than a few credit that may greater than make up for its annual commission. However make the effort to be informed each and every credit score’s phrases and prerequisites to know the way it really works. Differently, it’s possible you’ll lose out on masses of bucks in price.

Working example: The cardboard provides an annual $500 commute credit score, however that credit score is in reality dispersed biannually in $250 increments, and the total credit score handiest applies to luxurious resort bookings made inside Robinhood’s commute portal. You’ll use handiest as much as $100 of that credit score to guide a non-luxury same old resort. Finally, a two-night keep is needed.

Most of the card’s different credit additionally function hard high quality print:

  • $250 DoorDash credit (3 $10 reductions in January and two $10 reductions each and every different month). Reductions handiest follow to DoorDash orders of $50 or extra. 

  • $250 annual eating credit score ($20 credit score each and every month and $30 in December). Credit are handiest legitimate at taking part eating places. 

  • $300 annual commute credit score ($150 each and every six months). Eligible commute purchases come with rideshare, resort fees and flights.

  • $250 annual self reliant rides credit score on self reliant rides ($20 credit score each and every month and $30 in December). Independent rides consult with driverless automobile products and services like Waymo.

The Robinhood Platinum card’s ultimate advantages are more uncomplicated and more straightforward to make use of.

  • Annual Robinhood Gold club.

  • Annual Serve as Well being club. (Citizens of Hawaii and Rhode Island don’t seem to be eligible.)

  • Annual Amazon One Clinical club.

  • DashPass club.

  • As much as a $200 annual credit score towards qualifying wearables.

5. It’s were given a luxurious really feel to check its top class worth

True to its title, the Robinhood Platinum card is platinum-plated and provides credit score limits as much as 5 instances upper than the ones at the Robinhood Gold card.


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