Robinhood Platinum Card
The Robinhood Platinum Card from Robinhood has a $695 annual fee. At $2,650 a month of typical household spending it pays about −$211 a year after fees, before statement credits, $847 less than the Citi Double Cash, a flat 2% card.
Terms checked October 26, 2026. Net values use the spending mix of 1,229 U.S. households in the Bureau of Labor Statistics' Consumer Expenditure Interview Survey. This is an estimate, not financial advice.
What does the Robinhood Platinum Card earn?
5% dining (up to $50,000 a year); 1% on everything else.
Not counted in the numbers on this page:
- 5% on flights and 10% on prepaid hotels booked through the Robinhood Travel Portal in the app
How much would it pay you a year?
This is the card's rewards minus its annual fee, at three spending levels, with spending split the way the survey households split theirs. Statement credits and sign-up bonuses are left out.
| Spending a month | Robinhood Platinum Card | Citi Double Cash (2%) |
|---|---|---|
| $1,500 | −$421 | $360 |
| $2,650 (the survey median) | −$211 | $636 |
| $5,000 | $218 | $1,200 |
The mix is 30% everything else, 25% groceries, 16% phone and utilities, 13% dining, and smaller shares elsewhere. Your own split decides the real answer: add your statements to work it out on what you actually spent.
How did it do for real households?
We ran each of the 1,229 households in the 2024 survey through every card, on 12 straight months of their own spending. It was never the best of the 53 cards for any household, and never paid more than the Citi Double Cash, a flat 2% card. For the median household it paid $842 a year less than the flat 2% card.
The survey records spending categories but not merchants, so merchant bonuses and statement credits never count there, which favors flat cards. How we ran the household test.
What credits does it come with?
Up to $929 a year in credits, worth that much only if you would spend at these merchants anyway. PointMaxx counts a credit only when your statements show you'd have used it.
| Credit | Up to |
|---|---|
| Flight credit | $150 every six months ($300 a year) |
| Waymo credit | $20 a month ($240 a year) |
| DoorDash promo | $10 a month ($120 a year) |
| Global Entry / TSA PreCheck credit | $120 every 4 years ($30 a year) |
| WHOOP credit | $239 a year |
Fees and sign-up bonus
- Annual fee: $695.
- Foreign transaction fee: none.
Other benefits
- Dining credit: up to $250 a year at participating restaurants, which are not listed publicly
- Hotel credits: up to $250 every six months on hotels booked in the app, plus $100 on-property credit per stay
- Priority Pass lounges: unlimited access to 1,400+ lounges
- Hotel upgrades: early check-in, daily breakfast for two, room upgrade and late check-out on hotels booked in the app
- DashPass: complimentary
- Robinhood Gold membership: complimentary
- Function Health membership: complimentary
- Amazon One Medical membership: complimentary
Cards that pay about the same
At $2,650 a month, these pay closest to the Robinhood Platinum Card:
- Citi AAdvantage Executive: −$234 a year
- Amex Marriott Bonvoy Brilliant: −$176 a year
- Amex Delta SkyMiles Reserve: −$268 a year
- Amex Hilton Honors Aspire: −$102 a year
See what it would have paid you
Add your statementsFree, in your browser. Your statements are never uploaded.
PointMaxx runs a year of your own card statements against 53 U.S. cards, after annual fees, caps and the credits you'd really use. No statements on hand? The quick estimate asks seven questions instead.
Sources
- robinhood.com/us/en/creditcard/platinum/
- api.robinhood.com/creditcard/legal/platinum-reward-terms
- api.robinhood.com/creditcard/legal/platinum-interest-fees
- api.robinhood.com/creditcard/legal/platinum-benefits-overview
- Household spending: BLS Consumer Expenditure Surveys public-use microdata, 2024 Interview Survey.
See a wrong rate? Tell us. PointMaxx is not affiliated with or endorsed by Robinhood; the card's name is used only to say which card is meant.