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Robinhood debuts first credit card for US customers only

Published 27/03/2024, 12:01
Updated 27/03/2024, 12:01
Robinhood debuts first credit card for US customers only

Proactive Investors - Hybrid trading platform Robinhood Markets Inc (NASDAQ:HOOD) has unveiled its first credit card, the Robinhood Gold Card, available to existing Robinhood Gold members.

Emblazoned with Robinhood’s feather logo on shining gold, the card offers 3% cash back on purchases and 5% cash back on travel when booked through a new Robinhood travel portal.

Photo credit: Robinhood

Although Robinhood launched in the UK earlier this month, the card is only available to US customers.

The card “bring(s) us one step closer to the goal of giving everyone better access to the financial system”, said chief executive Vlad Tenev.

“There’s always been special perks and opportunities reserved for the wealthy that make them even richer.

“It’s why we started Robinhood and gave our customers access to features like commission-free trading and the 24-hour market."

Read more on Proactive Investors UK

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