Robinhood Platinum Card
$695 annual fee · $1,420/yr in printed statement credits · 1% on everything else · no foreign transaction fees
Earn rates · how we got this
| Category | Rate | Cap |
|---|---|---|
| Dining | 5% | on the first $50,000/year |
| Everything else | 1% | uncapped |
| Issuer travel portal portal only — pays only if you book through the issuer's own site, so it is excluded from every ranking on this site |
10% | uncapped |
| Flights at Robinhood Travel only — anywhere else in this category the card earns its base rate, so it is excluded from every ranking on this site |
5% | uncapped |
See how it ranks: best dining cards.
What we have watched change
Differences between one check of the issuer's page and the next — not a reconstruction of the card's history. We only know what we were watching when it moved.
- Card Robinhood Platinum Card added to the database. 2026-09-16
Statement credits — $1,420/yr on paper · how we got this
| Credit | Value | How it pays |
|---|---|---|
| Dining credit | $250/year | monthly · enrollment required |
| Flight credit | $300/year | twice a year |
| Hotel credit | $500/year | twice a year |
| Waymo credit | $250/year | monthly |
| DoorDash promos | $120/year | monthly |
Monthly and quarterly credits expire if unused — that's where most of their printed value quietly disappears.
Non-cash perks
- Invite-only: join the waitlist with Request access; Robinhood emails when you are selected to apply
- Redeeming points for cash back requires an open Robinhood Financial brokerage account; points are worth $0.01 for cash back, travel portal bookings and gift cards, less for statement credits and pay-with-points
- Complimentary Robinhood Gold membership and DashPass membership
- Priority Pass lounge access
- Global Entry/TSA PreCheck statement credit
- No foreign transaction fees
Does the fee earn out? · how we got this
The printed statement credits ($1,420/yr) cover the $695 fee on paper — if you'd spend that way anyway. Credits you have to remember, enroll in, or change behavior for are worth less than face value. Our app tracks each one against your actual charges.
Is this $695 fee worth it? See the break-even math →
Check the current offer on the issuer's site → Where a card link will appear once available — no link on this page pays us today.
Who this card is not for
Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. three things on this card rule out a kind of spender:
- Anyone who doesn't spend at the issuer's travel portal. Its largest printed rate, 10% on issuer travel portal, pays only at the issuer's travel portal. Elsewhere in that category the card earns 10%, so the headline number is a loyalty rate rather than a category rate — which is why no ranking on this site counts it.
- Anyone who won't work the statement credits. The $695 fee is argued for by $1,420 of printed credits, spread across 5 separate credits, 3 of them monthly or quarterly — an unused month is gone, not banked, and 1 that must be enrolled in before it pays. Each one only pays if you were going to spend that way anyway; ignore them and the whole $695 has to come back through earn rates instead.
- A heavy dining spender. The 5% on dining stops after $50,000 of it per year. Past that the same purchases earn its base 1%, so the headline rate describes the first $50,000 only.
Compared head-to-head
- Robinhood Platinum Card vs Chase Sapphire Reserve — which earns more?
- Robinhood Platinum Card vs Chase Freedom Unlimited — which earns more?
- Robinhood Platinum Card vs Chase Freedom Flex — which earns more?
- Robinhood Platinum Card vs American Express Gold Card — which earns more?
- Robinhood Platinum Card vs The Platinum Card from American Express — which earns more?
- Robinhood Platinum Card vs Citi Strata Premier® Card — which earns more?
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-09-15 against issuer terms · sources: robinhood.com · api.robinhood.com · api.robinhood.com. Spot an error? Tell us.