Coastal Community Bank
Robinhood Platinum Card
Annual Fee
$695
Travel Credit
$300
Card data last reviewed 2026-10-20
Where It Wins, Where It Doesn't
Generated from the card's data against our full catalog, not editorial opinion.
- 5x on dining (catalog median is 2x)
- 5x on fast food (catalog median is 2x)
- Credits worth about $712/yr at typical usage offset 100% of the fee
- Airport lounge access
- Non-bonus spending earns only 1x
- Bonus rates have spending caps
Is the $695 Fee Worth It?
Net annual value (rewards + credits at typical usage, minus the fee) at three reference spending profiles. A credit counts only when the profile spends in its category, so a household with no travel spend gets no travel credit. Signup bonuses excluded.
Everyday
Groceries, gas, and dining out a few times a month ($24,000/yr)
-$113/yr
$384 rewards + $198 credits - $695 fee
Foodie
Heavy dining and delivery, lighter on travel ($26,000/yr)
+$148/yr
$620 rewards + $223 credits - $695 fee
Traveler
Several trips a year with flights and hotels ($28,000/yr)
+$385/yr
$448 rewards + $632 credits - $695 fee
Not ranked in the Rewards Index: Invitation only.
Rewards by Category
Dining
5x
Grocery
1x
Gas
1x
Flights
1x
Hotels
1x
Other Travel
1x
Online Shopping
1x
Rideshare
1x
Streaming
1x
Amazon
1x
Costco
1x
Other
1x
Apple
1x
Cell Phone
1x
Fast Food
5x
Home Utilities
1x
Internet
1x
Walmart
1x
Point value: 1.0 cents per point
The Fine Print That Changes the Math
Invite-only (join through Request access). 5% at restaurants (first $50K a year), 5% on flights and 10% on prepaid hotels booked through the Robinhood Travel portal, 1% elsewhere; the Flights and Hotels fields are the portal rates. Points are worth 1 cent as cash to a Robinhood brokerage account, less as statement credits. Robinhood Gold is included. Credits: $300 flight credit ($150 semi-annually), $250 restaurant, $120 DoorDash, $500 portal hotel ($250 semi-annually), $250 Waymo, Function Health, One Medical, $239 WHOOP, Global Entry/TSA PreCheck.
- Dining: bonus rate capped at $50,000 of spend per year (5 points per dollar at restaurants on the first $50,000 per calendar year, then 1)
Benefits & Credits
Airport Lounge Access
Priority Pass or proprietary lounges
Flight Credit ($150 semi-annual)$300
Restaurant Credits$250
We count this at 60% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
DoorDash Credits$120
We count this at 40% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
Hotel Credits (Portal)$500
We count this at 20% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
Autonomous Ride Credits$250
We count this at 10% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
Function Health$365
We count this at 10% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
One Medical$199
We count this at 10% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
WHOOP Credit$239
We count this at 10% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
Global Entry / TSA PreCheck (every 4 yrs)$30
We count this at 30% of face value (typical usage). Our Credit Capture Index rates what an active optimizer captures, so its figures run higher.
Up to $120 every four years, amortized.
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 $712/yr at typical usage reduce the effective cost.
What are the best spending categories for the Robinhood Platinum Card?
5x on dining, 5x on fast food. Everything else earns 1x.
Is the Robinhood Platinum Card worth the annual fee?
At a typical $24,000/yr spending profile, it comes up about $113/yr short of covering the fee. It can still win for heavier spending in its bonus categories; run your own 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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Sources & Verification
Card data last reviewed 2026-10-20.
Card details are for informational purposes only. Please verify current terms, rewards, and benefits on the issuer's website before applying. Links to issuers are direct; CardSavvy currently earns no commission from them.