Robinhood Platinum Card

Robinhood Platinum Card by Robinhood: 10% hotels via portal, 10% rental cars via portal, 5% dining & restaurants, 5% flights / airfare via portal, 1%…

The Robinhood Platinum Card is Robinhood's premium credit card. The $695/yr annual fee includes a no current welcome bonus. Beyond the welcome bonus, here's what the card actually delivers.

Rewards

Statement credits ($2696 total/yr)

CreditValueWhat it covers
Hotel credit$500/semiannualUp to $250 in statement credits every 6 months ($500/yr) on hotels booked through the Robinhood Banking app; two-night minimum
Oura Membership$71.88/moComplimentary Oura Membership for personalized health insights. Covers Oura's $5.99/mo US subscription fee. Marketed by Robinhood as a "limited-time offer."
Restaurant credit$250/mo$250/yr in credits at 15,000+ eligible restaurants, allotted monthly
Wearables credit$270/yr$200/yr in credits toward qualifying wearable devices
Amazon One Medical membership$199/yrComplimentary Amazon One Medical membership at no cost, a $199/yr value
Function Health membership$365/yrComplimentary Function Health membership (160+ advanced lab tests and custom insights), a $365/yr value
DashPass membership$120/yrComplimentary DashPass membership ($0 delivery + reduced service fees), a $120/yr value
DoorDash discount$250/mo$250/yr in DoorDash discounts allotted monthly; applies to orders of $50 or more
Autonomous rides credit$250/mo$250/yr in credits on autonomous rides, allotted monthly
Annual travel credit$300/semiannual$150 in statement credits every 6 months ($300/yr) for travel purchases
Global Entry / TSA PreCheck application fee$120/quadrennialStatement credit for Global Entry ($120 every 4 years) or TSA PreCheck (up to $85 every 5 years) application fee charged to the card.

What the $695/yr fee is buying

Welcome bonus value (year one): ~$0. Annual statement credits: $2695.88. Minus the $695 annual fee = ~$2001 in year-one net value before any spending earn. RewardsGuru rating: 2.5/5 — based on our net-value methodology.

Who it's for, who should skip

Best fit: frequent travelers who can use the lounge access, statement credits, and elevated earn rates on travel and dining. Skip if: you'd let the annual statement credits expire unused or you only travel 1-2x per year.

Frequently asked questions

Is the Robinhood Platinum Card worth the $695 annual fee?

Year-one math: welcome bonus value (~$0) + annual credits ($2695.88) − $695 fee = ~$2001 net before spending earn. Year-two onward, the credits alone need to clear $695 — they do. Worth it if you'll use the credits, skip if you'd let them expire.

What statement credits does the Robinhood Platinum Card include?

11 recurring statement credits: Hotel credit ($500), Oura Membership ($71.88/mo), Restaurant credit ($250/mo), Wearables credit ($270/yr), Amazon One Medical membership ($199/yr), Function Health membership ($365/yr), DashPass membership ($120/yr), DoorDash discount ($250/mo), Autonomous rides credit ($250/mo), Annual travel credit ($300), Global Entry / TSA PreCheck application fee ($120). Total: $2695.88/yr.

Does the Robinhood Platinum Card have foreign transaction fees?

Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Robinhood's product page has the current rate.

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