Marketsinsider
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@JoshKale Every premium card structures benefits this way. They reward people who actually use the ecosystem.
•$695 is normal for top tier cards like American Express Platinum Card and Chase Sapphire Reserve.
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Yikes. Robinhood says their new Platinum Card has "$3,000+ in benefits."
I was so excited until i read the actual fine print. Here's what they're not telling you:
- The $250 DoorDash credit:
It's $10 off per order with a $50 minimum. You need to place 25 separate $50+ orders in a year to use it all. Miss a month, it's gone.
- The Function Health membership
You get a $365 credit. If you're in NY, the membership costs ~$615. You're covering the difference. And if you live in Hawaii or Rhode Island, you're excluded entirely.
- The Oura perk
Only applies if you buy a brand new Oura Ring within 6 months. Already own one? You get nothing. And the credit is $70, just the membership, not the ring.
- The dining credit
Capped at $20/month at restaurants Robinhood chooses. They can change the list whenever they want.
- The hotel credit
Only $100 of each $250 semi-annual credit can go toward standard hotels. The rest must be "Luxury" And Robinhood's portal is more expensive than direct.
- As a New Yorker the $250 autonomous rides credit is useless
For $695/year it's still deal for some, just make sure to read the fine print


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@amitisinvesting love your content and you gotta agree things are looking like all upside from $HOOD at this price right now.
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@RobinhoodApp When will Robinhood to global? Big demand for this outside US
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