Robinhood Unveils Gold Card with 3% Cash Back

The card requires a Robinhood Gold subscription and is met with mixed reviews amid the company's controversial history.

Robinhood announces the launch of its Robinhood Gold Card, offering an unprecedented 3% cash back on all purchases.
The card requires a Robinhood Gold membership, costing $5 a month or $50 a year, effectively acting as an annual fee.
Critics caution potential applicants due to Robinhood's controversial history and the card's lack of a straightforward cash-back redemption option.
The card also offers 5% cash back on travel booked through the Robinhood portal, but lacks a welcome bonus.
Despite its high rewards rate, experts are divided on whether the Robinhood Gold Card is a game-changer or a gimmick.