Robinhood eyes wealthy clients with Platinum card
TL;DR Summary
Robinhood rolled out a $695-a-year Platinum credit card for high-income customers as it moves from a trading-focused image toward a broader fintech platform, promising about $3,000 in value and aiming to attract wealthier clients who may also use its other services, while it expands custodial accounts for minors to grow its mature user base.
- Robinhood targets wealthy customers with new Platinum credit card Reuters
- Robinhood launches the Robinhood Platinum Card with premium benefits and a $695 fee Yahoo Finance
- Robinhood to let users share or hide prediction trades on family accounts Axios
- Robinhood Adds $695 ‘Actual’ Platinum Card to Compete With Amex Bloomberg.com
- Robinhood Stock (HOOD) Rises as $695 ‘Actual’ Platinum Card Challenges Amex and JPM TipRanks
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