The Robinhood Gold Card - The Only Card You Need?!
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- Опубліковано 29 чер 2024
- Everything you need to know about the Gold Card. To see my essential cards right now go 👉 rdguarantee.link/Best-Credit-... and Click "Show More" to see Ad Disclosure.
✅ Featured In this Video:
➔ Robinhood Gold Card Waitlist: robinhood.com/creditcard/?ref...
💳 My Favorite Cards:
➔ Chase Sapphire Preferred® Card: rdguarantee.link/Chase-Sapphi...
➔ Capital One Venture X Rewards Credit Card (75K Bonus Miles): rdguarantee.link/Capital-One-...
💬 Credit Card Consulting: rdguarantee.link/Consulting
💰 Best Financial Apps:
➔ Robinhood (Free Stock up to $200): rdguarantee.link/Robinhood
✏️ My Thoughts:
Welcome to the ultimate resource on all the information there is on the RH Gold Card. In this video I cover what Robinhood is, the basics on the Gold Card, how you can get access to it, how to redeem rewards, exactly how much you can earn if you get this card, and who it's best for.
My analysis includes the most impactful headlines as well as sneaky details that are hidden in the fine print. Topics like the "annual fee", Robinhood Gold features, travel protections, and more.
One of the most exciting parts is the unlimited 3% cash back on all purchases, something that other card providers like Chase, American Express, and Capital One have never been able to offer in the past.
Get all of the details and join the waitlist today!
⏰Timestamps:
0:00 - Intro
1:22 - What Robinhood & Their Relation to Credit Cards
2:06 - Introducing the Robinhood Gold Card
3:26 - How To Get The Card
4:12 - The Annual Fee
5:09 - Redeeming Rewards
6:27 - Exactly How Much You Can Earn
8:41 - Who This Card Is For
🚩Advertiser Disclosure:
This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned and has not been reviewed, approved, or otherwise endorsed by any of these entities. Offers are current only as the time of the video publishing date and may have changed by the time you watch it.
The RD Guarantee is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as Milevalue.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity.
American Express:
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more." at the beginning of editorial articles that reference American Express products, services or offers.
Capital One:
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
Hertz:
Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at upgraded status level through December 31, 2024. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.
🚨NOTE 🚨 Robinhood is using variable pricing with their RH Gold subscription cost. For instance, I was given a $5/month price in the app ($50 annually) while my editor was shown a $6.99/month price ($70 annually).
Even if we input the higher version of this "Annual Fee" into the video calculations still nets out at $948.92 in terms of Year 1 Cash Value. Still ahead of the Active Cash and the Freedom Unlimited.
Great content and well executed
Thanks!
Going to sign up partner for robinhood gold for the credit card and to utilize the 3% match for roth IRA. Think it a good way to offset the fee
Waiting for travel portal. Probably Expedia because of the X1. After booking my trip to Florida, I know I will more than get back my $50. Then I'm good.
Robinhood is tricking people with this card that way they can sing up for the Gold membership but they dont send you the card
Robinhood Gold member fee is $6.99 per month, $70 per year now
Thanks for the comment Jamie. This is actually a really interesting situation and after researching we found that RH is using variable pricing with their Gold subscription cost. For instance, I was given a $5/month price in the app ($50 annually) while my editor was shown a $6.99/month price ($70 annually).
Surprised you did not mention the 1% bonus on all deposits for having RH Gold. That means that you get a 1% bonus just for moving your rewards to your invest account and all other cash you put in that account that will then be earning 5% APY currently. The RH Gold card is a no brainer for most people if you take advantage of the perks.
These are great points. Of course, the 5% APY may go down over the next couple of years (always fluctuates) so we can't guarantee that level of return forever, but in the current RH setup I totally agree with you.
Do we have any word about foreign transaction fees?
No foreign transaction fees, which is a low key great feature!
When does it launch?
It doesn't seem like there's a definitive launch date quite yet but many are saying that Gold Members will get access towards the end of the year. Thanks for watching!
Open Sky is 10% cash back. No annual fee🤷♂️
Great callout! OpenSky is a secured credit card though and it sounds like the cash back rewards may be dependent on where you're actually shopping but I could be wrong. If you love it and it's delivering cash back that high where you typically spend, then stick with it!
@@TheRDGuarantee I don’t have it. Just seen it. Month ago. And it graduates. Open sky plus anyway. But I don’t really trust the company at the moment lol
After their corrupt roll in the Game Stop saga - hard pass on anything Robinhood.
Can't blame people who feel this way! Sometimes all it takes is one bad experience.
First
Yesss sir. Got it on lockdown 🔒