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Robinhood’s New 3% Money Again Gold Card Unveiled: Referral Champions Stand To Win a Real Treasured Steel Version! – Robinhood Markets (NASDAQ:HOOD)

Robinhood Markets Inc HOOD has launched its Gold Card, providing a 1% enhance on Gold deposits and a redesigned app. The announcement was made at its first-ever keynote occasion.

What Occurred: On Tuesday, Robinhood carried out its inaugural keynote occasion, “Robinhood Presents: The New Gold Customary,” the place CEO Vlad Tenev launched the Robinhood Gold Card and a revamped Robinhood app. The announcement was distinctly within the taste of Apple co-founder Steve Jobs’s introduction of the iPhone in 2007.

The Robinhood Gold Card, obtainable solely for Robinhood Gold members, gives 3% money again on all classes and 5% money again on journey booked by way of the Robinhood journey portal. The cardboard doesn’t impose an annual charge or international transaction charges. Reward factors may be redeemed for journey, present playing cards, purchasing at main retailers, or money that may be transferred to a Robinhood brokerage account.

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“There’s all the time been particular perks and alternatives reserved for the rich that make them even richer. It is why we began Robinhood and gave our prospects entry to options like fee free buying and selling and the 24 Hour Market,” Tenev acknowledged. “As we speak’s bulletins at Robinhood Presents: The New Gold Customary deliver us one step nearer to the purpose of giving everybody higher entry to the monetary system.”

Beginning in Might, Gold members may even obtain a 1% limitless deposit enhance on all incoming brokerage deposits. The redesigned Robinhood app will supply a extra various and customizable person expertise.

The corporate mentioned reservations for the Robinhood Gold Card at the moment are open, with widespread availability anticipated later this yr. These wanting the cardboard can enroll right here.

Whereas there isn’t a annual charge for the bank card, Robinhood Gold membership prices $5 per thirty days or $50 per yr.

Why It Issues: Previous to the occasion, Robinhood had hinted at “thrilling updates” from Tenev however didn’t disclose any particular particulars.

Robinhood is selling its gold card by providing a restricted variety of strong gold playing cards made out of actual treasured metals. Individuals within the promo who refer 10 new prospects to Robinhood Gold by way of a private referral code might be eligible for a 36-gram Strong Gold Card.

Referred prospects should join Robinhood Gold by way of their brokerage account, not be present Gold subscribers, and make their first cost. The prize is both a 10-karat strong gold Robinhood Gold Card (for Gold Card account holders) or a $1,100 money prize if no playing cards can be found.

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