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Robinhood’s New $695 Platinum-Plated Card Is Heavy Metal Marketing — Just 1% Base Earn and a Coupon Book of Fine Print

Mar 05 2026

Robinhood just unveiled a $695 “platinum-plated” credit card aimed at premium spenders, but the headline benefit is the metal, not the earning. Outside of portal rebates and limited categories, it’s just 1% back, and the real value is locked behind a long list of monthly credits with restrictions, minimums, and timing rules. In other words: it’s an expensive coupon book that only works if you want to manage it like one.

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