"Robinhood Introduces High-Reward Credit Card to Challenge Apple and SoFi"

1 min read
Source: TechCrunch
"Robinhood Introduces High-Reward Credit Card to Challenge Apple and SoFi"
Photo: TechCrunch
TL;DR Summary

Robinhood has launched its new Gold Card, targeting Apple Card users with features such as 3% cash back on all categories, 5% cash back on travel bookings, and the ability to invest cash back into brokerage accounts. The card, available to Robinhood Gold members, also offers family-oriented features, numberless physical cards, and the ability to create and delete virtual cards. With an APR of 20.24% – 29.99%, the card aims to compete with Apple Card's cash back and family sharing features, while also aligning with Robinhood's evolving business model and offerings.

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