Where It Wins, Where It Doesn't
Generated from the card's data against our full catalog, not editorial opinion.
- 5x on flights (catalog median is 2x)
- 5x on hotels (catalog median is 2x)
- 5x on other travel (catalog median is 2x)
- Credits worth about $758/yr at typical usage offset 100% of the fee
Is the $695 Fee Worth It?
Net annual value (rewards + credits at typical usage, minus the fee) at three reference spending profiles. Signup bonuses excluded.
Everyday
Groceries, gas, and dining out a few times a month ($24,000/yr)
+$855/yr
$792 rewards + $758 credits - $695 fee
Foodie
Heavy dining and delivery, lighter on travel ($26,000/yr)
+$1,023/yr
$960 rewards + $758 credits - $695 fee
Traveler
Several trips a year with flights and hotels ($28,000/yr)
+$1,239/yr
$1,176 rewards + $758 credits - $695 fee
Rewards by Category
Dining
5x
Grocery
3x
Gas
3x
Flights
5x
Hotels
5x
Other Travel
5x
Online Shopping
3x
Rideshare
3x
Streaming
3x
Amazon
3x
Costco
3x
Other
3x
Apple
3x
Cell Phone
3x
Fast Food
5x
Home Utilities
3x
Internet
3x
Walmart
3x
Point value: 1.0 cents per point
The Fine Print That Changes the Math
5% back on travel and dining, 3% on everything else. Includes Priority Pass lounge access, $300 travel credit, $250/yr restaurant credits, $250/yr DoorDash, $500/yr hotel portal credits, and various wellness credits. Requires Robinhood Gold membership ($50/yr).
Benefits & Credits
Airport Lounge Access
Priority Pass or proprietary lounges
Travel Credit$300
Restaurant Credits$250
We count this at 60% of face value (typical usage)
DoorDash Credits$250
We count this at 40% of face value (typical usage)
Hotel Credits (Portal)$500
We count this at 20% of face value (typical usage)
Autonomous Ride Credits$250
We count this at 10% of face value (typical usage)
Function Health$365
We count this at 10% of face value (typical usage)
One Medical$199
We count this at 10% of face value (typical usage)
Oura Ring$70
We count this at 10% of face value (typical usage)
Wearable Credit$200
We count this at 10% of face value (typical usage)
Robinhood Platinum Card FAQ
What is the Robinhood Platinum Card annual fee?
The Robinhood Platinum Card has a $695 annual fee. Statement credits worth about $758/yr at typical usage reduce the effective cost.
What are the best spending categories for the Robinhood Platinum Card?
5x on flights, 5x on hotels, 5x on other travel. Everything else earns 3x.
Is the Robinhood Platinum Card worth the annual fee?
At a typical $24,000/yr spending profile, it nets about $855/yr after the fee. Your own spending mix decides it; run the numbers in the optimizer.
Does the Robinhood Platinum Card include airport lounge access?
Yes. Lounge access is included; the cash value depends on how often you fly.
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Is Robinhood Platinum Card Right for You?
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