Is the Robinhood Platinum worth it?

The Robinhood Platinum is worth it if you spend heavily on dining (up to the $50k cap), book travel through the Robinhood portal, and can genuinely use credits like the $300 travel credit and $250 restaurant credits. The $695 fee requires significant credit utilization to break even.

What is the Robinhood Platinum annual fee?

The Robinhood Platinum Card has a $695 annual fee.

2026 Edition

Robinhood Platinum Calculator

Calculate if the $695 annual fee is worth it based on your spending and credit utilization.

1. Enter Your Spending

5% Categories

Dining5% (capped at $50k/yr)

Portal TravelOnly applies to bookings through Robinhood Travel. Direct bookings earn 1%.

Flights via Robinhood Travel5%

Hotels via Robinhood Travel10%

Rental Cars via Robinhood Travel10%

1% Categories

Direct Travel (non-portal)1%

Everything Else1%

2. Credit & Perk Usage

Be honest about which credits you'll actually use. Over-optimism inflates your net value.

Statement Credits

Travel Credit

Broad travel credit: airlines, hotels, car rentals, transit (direct bookings)

Max: $300

Amount used:

Restaurant Credits

$20/month dining statement credits. Lose any month you skip.

Max: $250

DoorDash Credits

Requires minimum $50 order to trigger credit.

Max: $250

Hotel Credits

Portal-only, 2-night minimum stay, limited to luxury inventory via Robinhood Travel.

Max: $500

Mobility

Autonomous Ride Credits

$20/month for Waymo and similar services. Only available in SF, Phoenix, LA, Austin.

Max: $250

Wellness

Function Health

$365/year toward Function Health membership.

Max: $365

One Medical

$199/year toward One Medical primary care membership.

Max: $199

Oura Ring

$70/year toward Oura Ring subscription.

Max: $70

Wearable Credit

$200/year toward fitness devices.

Max: $200

Global Entry / TSA PreCheck

$100 every 4-5 years

Lounge Access

Other Value

Credit Value Haircut

Optimize Your Entire Wallet

The Robinhood Platinum is just one card. See how it fits with your other cards to maximize cash back across all your spending categories.

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Learn More

Read our analysis of the Robinhood Platinum and how it compares to other premium cards.

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Estimates based on published Robinhood Platinum Card terms as of March 2026. Portal travel rates depend on Robinhood Travel pricing, which may differ from direct booking prices. Benefits, credits, and restrictions can change. Not financial advice.