The Robinhood platinum card is Robinhood’s answer to the premium credit card market — a $695-a-year metal card plated in 99.9% pure platinum, packing over $3,000 in annual value and a rewards structure that targets frequent travelers and diners. For anyone still asking is there a Robinhood card that rivals Amex or Chase, the short answer is yes. The Robinhood credit card benefits here cover 5% cash back on flights and dining, 10% back on hotels, unlimited airport lounge access, and a bundle of health and lifestyle perks.
Robinhood’s credit card release date is a rolling, invite-only launch that started March 4, 2026 — you can request access on Robinhood’s site. Robinhood also keeps the gold card running in parallel, and the Robinhood gold card benefits — flat 3% cash back, no annual fee — stay unchanged.
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Explore Robinhood’s Credit Card Benefits and New Platinum Card Release
What the Robinhood Platinum Card Delivers
The Robinhood platinum card earns 10% back on hotels and rental cars, 5% on flights through the Robinhood Banking app and on dining, and 1% on everything else. On top of the rewards, cardholders get $250 in annual DoorDash credit, $250 for autonomous rides, $200 toward health wearables, a Global Entry credit, complimentary memberships to Amazon One Medical, Function Health, and Oura, and unlimited Priority Pass lounge access. Robinhood gold also comes free with the card — normally a $50-a-year subscription. Deepak Rao, GM and Vice President of Robinhood Money, stated:
“The Platinum Card offers higher limits, elite rewards and luxury benefits, and raises the bar for what customers should expect from a premium credit card.”
He also had this to say at the Take Flight event:
“We want you to travel in style, so with the platinum card, you will get unlimited lounge access, and you will also get easy free global entry, and you get about $800 to annual travel and hotel credit.”
On the card’s physical design, Rao said:
“Unlike our competitors, we’re not going to give you a platinum card with no platinum inside it. This one is going to be the first actual platinum card with 99.9% pure platinum, and the rest, 0.1%, is my blood, sweat, and tears.”
How It Stacks Up Against the Gold Card — and the Competition
The benefits of the Robinhood gold card package are based on simplicity: a 3% cash back on all purchases, 5% cash back on Robinhood Travel, and no annual fee on top of the gold membership of $50 per person. Since its launch in 2024, it has already moved over 600,000 cardholders even though it continues to operate via a waitlist. And now that you continue to wonder is there Robinhood card you use to spend on daily purchases then yes, it is the gold card. Robinhood platinum card, however, is aimed at individuals who travel frequently and can actually use the lifestyle credits.
| Card | Annual Fee | Est. Annual Value | Key Rewards |
|---|---|---|---|
| Robinhood Platinum | $695 | ~$3,000 | 5% flights/dining, 10% hotels |
| Sapphire Reserve (Chase) | $795 | ~$2,700 | 4x flights & hotels (direct) |
| Strata Elite (Citi) | $595 | ~$1,500 | Hotel & partner credits |
| Platinum Card (Amex) | $895 | ~$3,500 | 5x flights & hotels, $200 Uber Cash |
The Robinhood platinum card is cheaper than both the Chase Sapphire Reserve and Amex platinum cards, at $695 per year, and provides more stated value than either of them. Citibank Strata Elite is cheaper at required 595, yet will only offer an estimated annual benefit of 1500. The Robinhood credit card release date when it will be availed more widely is yet unknown, but in the meantime, one can request an invitation by using the Robinhood Web site, and the company notes that this will eventually be extended.