Luxurious interior of a private jet with comfortable seating
Photo: Andy Wang / Unsplash
Premium Cards · United States

Robinhood Platinum Card

Best for: Robinhood customers with high dining and travel spend

Annual fee$695/yr
IssuerCoastal Community Bank (Robinhood)
NetworkVisa
Purchase APRSee issuer
Foreign transaction feeNone
Credit neededInvite-only at launch

Pros

  • Very high cash-back rates
  • Robinhood claims $3,000+ annual value
  • No FX fees

Cons

  • No sign-up bonus
  • Invite-only rollout
  • Cash back redeemed via Robinhood brokerage account

Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.

This card launched recently (July 22, 2026). Announced in March 2026 at Robinhood's Take Flight event; invite-only rollout began July 22, 2026. It is Robinhood's premium card above the Gold Card.

Robinhood Platinum Card at a glance

IssuerCoastal Community Bank (Robinhood)
Card networkVisa
Annual fee$695
Rewards rate5% dining and flights (combined $50,000/yr cap); 10% hotels and rental cars via Robinhood travel; 1% other
Welcome bonusNone
Intro APRNone
Regular APRSee issuer
Foreign transaction feeNone
Credit neededInvite-only at launch
Best forRobinhood customers with high dining and travel spend

Key features

  • $1,000/yr travel credits ($700 hotel + $300 flight)
  • $250 dining, $250 Waymo, $120 DoorDash credits
  • Priority Pass lounge access; Global Entry/TSA credit
  • Includes Robinhood Gold, Function Health, One Medical and WHOOP memberships
  • Card plated in 99.9% platinum

Pros

  • Very high cash-back rates
  • Robinhood claims $3,000+ annual value
  • No FX fees

Cons

  • No sign-up bonus
  • Invite-only rollout
  • Cash back redeemed via Robinhood brokerage account

Before you apply: terms for new cards change quickly. Confirm the current annual fee, rates, rewards and welcome offer on the issuer's official site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.

Sources: robinhood.com · doctorofcredit.com

How it compares with similar USA cards

CardAnnual feeRewardsIntro APRForeign feeCredit neededRating
Robinhood Platinum CardRobinhood customers with high dining and travel spend
$695/yr 5% dining and flights (combined $50,000/yr cap); 10% hotels and rental… None None Invite-only at launch
Capital One Venture X RewardsTravelers wanting premium perks at a lower net cost
$395/yr 10x hotels & cars via Capital One Travel, 5x flights via portal, 2x ev… None None Excellent (740+) 4.8
The Platinum Card from American ExpressFrequent flyers who'll exhaust the lounge access and statement credits
$895/yr 5x flights booked with airlines or Amex Travel; 5x prepaid hotels via… None None Excellent (740+) 4.7
U.S. Bank Altitude Reserve Visa InfiniteMobile-wallet-first spenders who want premium travel perks
$400/yr 3x on travel and mobile-wallet purchases, 1x other; points worth 1.5¢… None None Excellent (740+) 4.4

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