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The Robinhood Gold Card Deep Dive THIS is the Robinhood Gold card, and on the surface it just might be the best cash back card in the game. Let’s dive in

Anyone who’s been here for a while knows I am NOT a fan of Robinhood, but it’s my job to give you information regardless of how I feel

And that’s why you follow me, because unbiased reporting is what we need more of

For starters, the gold card boasts an impressive 5% back on travel BUT only if booked within the Robinhood Travel portal

We have absolutely no idea what the travel portal will be like yet or if the prices will be competitive, so we’re just gonna have to wait and see

The card also has all of these perks but these are standard for a majority of credit cards

It also gains an impressive 3% back on all other purchases

With the standard cash back on all categories being at 1.5% this is pretty big

HOWEVER, there are already some sketchy things going on in the advertising of the card

Robinhood is advertising their gold card as a no annual fee card, but you have to have RobinHood Gold in order to even be eligible to apply for the card

RobinHood Gold costs $5/month or $50 if you pay for a year upfront

There are other perks with RH Gold, but advertising the card as no annual fee feels slimy

There’s also no sign up bonus or any verbiage (that I’ve found) that says the cash back rewards are unlimited, so there’s a good chance these 3-5% rates will be capped 

And if you lose your card, the replacement card fee is $40 which is the highest I’ve seen on any standard card, including American Express

We also have no idea what the requirements to be approved for the card will be as this card is waitlist only for now

In my opinon, if you’re not already a RobinHood Gold member, this card is hard sell when there are plenty of other cards with 2% or more cash back

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