Full details surrounding the new Robinhood credit card are now available:
- Requires Robinhood gold membership to apply for ($6.99 per month or $75 annually)
- Card earns at the following rates:
- Earn 5x per $1 spent through the Robinhood travel portal
- Earn 3x points per $1 spent on all purchases (no cap)
- No foreign transaction fees
- Points are worth 1¢ each (can be redeemed into your brokerage account, via the travel portal or for giftcards)
- Refer 10 friends and receive a solid gold card (worth $1,100)
Card is currently waitlisted so you can’t sign up directly. You’d need to spend $6,999 on the card (or $7,500 if you went for the annual Robinhood gold membership) to come out ahead against a 2% card to account for the $5 monthly fee. Although Robinhood gold does come with some other good benefits like the 3% IRA match
Just got off the waitlist today – 28 days or I miss the spot. Illinois.
Just got off the waitlist for the Gold Card (with 28 days to apply or i miss the spot). Believe I got on the waitlist in April 2024, so almost 1 year waiting period. Applied instantly and got approved on the spot with $15k credit card limit. Credit score is 800+
Been a gold member since it was offered, signed up wait-list for this day one, never got off the wait-list. NY
Same, never got off wait-list.
Been an early gold member too. Don’t think I’m ever getting it lol
I don’t see “Robinhood” on my CAP1 checking bill pay. Anyone able to make a RH CC electronic payment with there banks bill pay?
Doesn’t work on tax payments or opening CDs with Liberty FCU. Have to use BoA Travel Rewards for those.
Man, that really threw a wet blanket on things. IMHO, that’s worrisome long term that credit card issuers are finally figuring out how to block various MS schinanighans.
Got the card about 3 weeks ago, metal card with just name on the back, looks good. Can’t use to make rent payments, it just fails. I liked the gold card app, good features to create virtual cards etc. payment due date is not flexible if you are doing auto payments it automatically picks a 2 days later after statement date. So you don’t typically get time like other cards. There are 2 other auto payments options weekly and biweekly but I didn’t like them. I think robinhood is experimenting some of the spending and payments patterns etc and things might evolve in future. Hope this helps.
Anyone had any luck REjoining the waiting list after missing the window to apply for the card? When I click “Join the waitlist”, all it says is “User has been granted access” but I have no way to see if I’m back on the waiting list. On the app it says “We encountered an unexpected error”. Waited 4 months to finally be able to apply and customer service is useless, all they do is send me automated responses and how to join the waiting list.
I’m thinking if you join the waitlist and miss the window they give you to apply, you’re screwed on ever getting this card unless you use a new email address and therefore a new Robinhood account. Ridiculous.
Finally got ahold of customer service and they confirmed if you miss the window, you’re out of luck. No getting back on the waitlist. They said they plan on allowing that in the future at some point though.
Just approved for this card. I see a reddit thread that Federal taxes are blocked by the card? Anyone else experience this? https://www.reddit.com/r/CreditCards/comments/1dsh46b/robinhood_credit_card_not_eligible_to_pay_tax/
Got a card this week.
Heavy, metal, no numbers – just a name on the back.
Looks nice.
Robinhood shall waive $5 membership fee for customers with high deposit like M1.
according to who?