Robinhood
Robinhood Platinum Card
Robinhood Platinum Card costs $695 annual fee and earns up to 5× on dining. It also carries $1,513 of statement credits a year, which is where a lot of its real value sits. Everything below comes from the card catalog we check against issuer terms, with the arithmetic spelled out.
Enter a typical month of spending to see what the Robinhood Platinum Card returns after its fee next to three cards it is usually compared with, then take those numbers to the full credit card rewards calculator to weigh up everything else in your wallet. No signup, and it runs in your browser.
- Annual fee
- $695 annual fee
- Best earn rate
- 5× dining
- Points value
- 1¢ a point
- Cash back value.
- Welcome bonus
- $0
- Credits a year
- $1,513
- What the calculator counts, after discounts for perks most people do not use in full.
- Foreign transaction fee
- none
What the Robinhood Platinum Card earns
- Caps at $50,000 of spend Year on Dining, then 1×.
Hotels and rental cars through the issuer's travel site
10×
Only through the issuer's portal
Dining
5×
Flights through the issuer's travel site
5×
Only through the issuer's portal
| Category | Rate | Conditions |
|---|---|---|
| Hotels and rental cars through the issuer's travel site | 10× | Only through the issuer's portal |
| Dining | 5× | |
| Flights through the issuer's travel site | 5× | Only through the issuer's portal |
Rates checked with the issuer in October 2026. Spending outside these categories earns 1×. Confirm current terms with the issuer before you apply.
Is the Robinhood Platinum Card right for you?
Enter a typical month. You will see what the Robinhood Platinum Card returns after its annual fee, next to three cards it is usually compared with, and the full credit card rewards calculator weighs up everything else you spend.
Estimated rewards per year, after the annual fee
+$702
3× dining, 3× groceries; 1× everything else. No annual fee.
Rewards $457 · No annual fee
+$457
3× dining, 3× groceries; 1× everything else. $39 annual fee.
Rewards $457 · Fee −$39
+$418
−$252
How we estimate
- Every rate on this page comes from the card catalog. Robinhood Platinum Card pays 1× on spending outside the bonus categories listed above, and up to 5× on dining.
- We value this card's points at 1¢ each. Cash back is valued at 1¢.
- Net is a year of rewards minus the annual fee. Credits count only when you tick the box.
- Welcome bonuses are left out of the tool so the numbers read as an ordinary year.
- Rent is not in the boxes: most landlords charge a fee that cancels out the rewards, and only a few cards earn on rent at all. Add rent in the full calculator, where those rules are modelled.
- Travel-portal bookings are not in the boxes, because portal prices differ from booking direct. The portal rates are in the table above.
- Rates checked with issuers in October 2026. Terms change, so confirm with the issuer before you apply. Educational estimate, not financial advice.
One category doesn’t pick a wallet. Add the rest of your monthly spending to see which cards win across everything, fees included.
Find your best wallet for all your spending →{"focus":"","inputs":[{"key":"dining","prefill":"dining","noun":"dining"},{"key":"groceries","prefill":"groceries","noun":"groceries"},{"key":"gas","prefill":"gas","noun":"gas"},{"key":"transit","prefill":"transit","noun":"transit"},{"key":"streaming","prefill":"streaming","noun":"streaming"},{"key":"drugstores","prefill":"drugstores","noun":"drugstores"},{"key":"travel","prefill":"airfare","noun":"travel"},{"key":"other","prefill":"other","noun":"everyday spending"}],"path":"/credit-card-rewards-calculator","picks":[{"key":"robinhood-platinum","name":"Robinhood Platinum Card","fee":695,"cpp":0.01,"base":1,"earn":[{"inputs":["dining"],"rate":5}],"credits":1513},{"key":"robinhood-gold","name":"Robinhood Gold","fee":50,"cpp":0.01,"base":3},{"key":"capital-one-savorone","name":"Capital One SavorOne","fee":39,"cpp":0.01,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["groceries"],"rate":3},{"inputs":["streaming"],"rate":3}]},{"key":"capital-one-savor","name":"Capital One Savor","fee":0,"cpp":0.01,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["groceries"],"rate":3},{"inputs":["streaming"],"rate":3}]}]}What comes with it
Welcome bonus
$0
Points and partners
Cash Back
No
Credits and perks
| Credit | Sticker value | Counted |
|---|---|---|
| Function Health membership Complimentary membership covering 160+ advanced lab tests and clinician insights. Face is Robinhood's stated annual value, counted at face because it is genuinely included at no extra cost. | $365 | $365 |
| Waymo ride credit Annual credit applied to Waymo rides. Robinhood says the credits are allotted monthly, so the full amount is only available if you ride Waymo every month. | $250 | $250 |
| WHOOP Peak membership Complimentary membership with hardware included. Face is Robinhood's stated annual value of the membership, counted at face because it is genuinely included at no extra cost. | $239 | $239 |
| Amazon One Medical membership Complimentary membership. Face is Robinhood's stated annual value, counted at face because it is genuinely included at no extra cost. | $199 | $199 |
| Global Entry or TSA PreCheck fee credit Robinhood states a $120 value included with the card. Unverified: the exact rebate mechanics and whether it is an annual benefit or a one-time credit were not spelled out on the pages checked. | $120 | $120 |
| DoorDash annual promo Annual DoorDash promotion with no order minimum. Credits and promos are allotted monthly, so the full amount requires ordering every month. Robinhood states this as a $120 value. | $120 | $120 |
| Complimentary DashPass membership Complimentary DashPass membership. Robinhood states this as a $120 value. | $120 | $120 |
| Priority Pass lounge membership Counted at $100 because most people do not use the full $469. Unlimited access to 1,400+ Priority Pass lounges worldwide. Priority Pass costs up to $469 a year on its own, but most people visit a few lounges a year and many already hold another card with it, so it counts as $100 and only once per wallet. | $469 | $100 |
Sticker value is the full face amount. Counted is what the calculator credits, which is lower where most people do not use the perk in full.
Where this data came from
Checked robinhood.com 2026-10-05. The card is invite-only at the moment: applicants join a waitlist at robinhood.com/us/en/creditcard/platinum by entering an email and selecting Request access, and Robinhood emails an invite when one is available. Annual fee is 695 dollars with no separate subscription added: a complimentary Robinhood Gold membership is included with the card, so unlike the Robinhood Gold row, the 50 dollar Gold subscription is deliberately NOT modeled on top of the fee. Earns 5% cash back on eligible dining and on flights booked through Robinhood, up to 10% cash back on eligible hotels and car rentals booked through Robinhood, and 1% cash back on everything else. No foreign transaction fees. The 5% dining rate is capped at 50,000 dollars of eligible dining purchases per calendar year and drops to 1% after that, modeled with ElevatedMultiplierSpendCapByCategory; the 5% flight rate and the 10% hotel and car rental rates are published with no spending cap. Redeeming the cash back requires a Robinhood Financial brokerage account. Robinhood markets this card as "Over $3,000 in value every year", which is the sum of its issuer-stated benefit values, not an independent valuation. No public welcome offer is published, so the signup bonus is left at $0. CentPerPoint is set to 1.0 to match how this catalog values Cash Back cards. Unverified: whether the Platinum card supports paying rent or mortgage through Robinhood for rewards; rent is modeled as earning nothing (0), the same as the Robinhood Gold row, because nothing on the pages checked suggested a housing-rewards feature. Unverified: the exact redemption mechanics of the Global Entry or TSA PreCheck credit. Unverified: whether the DoorDash promo and DashPass membership recur every year or are an introductory one-time benefit, though the page presents both as annual.
FAQ
The Robinhood Platinum Card charges $695 a year. Earning back $695 means about $1,448 a month on dining, where it earns 4¢ more per dollar than the base rate. Credits and the welcome bonus can cover the rest.
5× on dining, and 1× on spending outside its bonus categories.
It depends on your mix, not the card. Earning back $695 means about $1,448 a month on dining, where it earns 4¢ more per dollar than the base rate. Credits and the welcome bonus can cover the rest. It also carries $1,513 of credits we can count, but only count them if you would spend that money anyway. Run your own numbers in the calculator above to see where it lands against the rest of the catalog.
The listed welcome offer is $0, and offers at these cards change often, so confirm the current terms and the spending requirement with the issuer before you apply.
No. The Robinhood Platinum Card earns Cash Back that you redeem for statement credit or shopping rather than transferring to a partner, so its realistic value is about 1¢ a point.
No. The Robinhood Platinum Card charges no foreign transaction fee, so spending abroad earns at the same rate as at home, minus what the merchant adds.