ResourcesCalculatorsRobinhood Platinum
$695 Annual Fee

Is the Robinhood Platinum worth it for you?

Drag in your real annual spend. I'll do the points math the bank won't — earn rates and your credits — then tell you if the fee pays for itself.

Welcome Bonus

The Robinhood Platinum Card is currently invite-only — welcome offers vary by invitation. Enter your offer if you have one, or leave blank to model ongoing value only. Robinhood Points are redeemable for cash back at a flat 1¢ per point — there are no announced transfer partners as of 2026, so this calculator uses 1¢/pt throughout. Redeeming cash back requires an active Robinhood Financial brokerage account.

—
Your Annual Spend

Enter your estimated annual spend in each category. Portal categories require booking through the Robinhood Travel Portal to earn the elevated rate. Your earn rate is effectively a cash-back percentage — 5x dining = 5% back, 1x elsewhere = 1% back.

Must book prepaid via Robinhood Travel Portal
$—
Carried from the Cards DB — not confirmed in the official Rewards Terms, verify before relying on it
$—
Must book via Robinhood Travel Portal
$—
Up to $50,000/year in dining spend, then 1x
$—
$—
Card Credits

Drag each slider to the amount you'd realistically use per year. The total credit value available is $1,979/yr if you can use everything. Per Robinhood's Platinum Card Benefits Program Terms: statement credits aren't redeemable for cash, can't be used toward your minimum payment, and won't reduce a prescheduled autopay amount. Most credits take up to 8 weeks to post and are reversed if the underlying purchase is refunded/cancelled, or if your account closes (or the earning Authorized User is removed) within 90 days of the credit posting.

Priority Pass Select membership with unlimited free visits to 1,400+ airport lounges worldwide. Enter how many times per year you'd visit a lounge — each visit is valued at $50.
visits / yr
Every "qualifying premium hotel booking" (2+ consecutive nights, paid on the card, at a participating hotel via the Robinhood Travel Portal) earns two things: up to $250 in statement credit per 6-month period toward the booking, plus a flat $100 property credit for eligible hotel services on that same stay. There's no separate "luxury vs. standard" tier — one qualifying booking unlocks both credits. The $700/year headline assumes 2 qualifying trips (one per 6-month window): 2×$250 statement credit + 2×$100 property credit. Also includes early check-in, daily breakfast for two, room upgrade, and priority late check-out where available.
Ease of use3/5Semi-AnnualSee why we rated it this way →

Requires a stay of 2+ consecutive nights at a participating hotel, booked through Robinhood Travel — a 1-night stay, a non-participating hotel, or a booking made elsewhere earns nothing. The $250/6mo statement credit and $100 property credit don't cover interest, cancellation fees, property fees, or other charges by the hotel. Statement credit can take up to 8 weeks to post.

$/ $700 max
$150 in flight credit per 6-month billing window — the period resets every July 1. Applies to flights booked in the Robinhood app or directly with an airline.
Ease of use4/5Semi-AnnualSee why we rated it this way →

Credit is split into two $150 chunks that each expire at the 6-month mark — unused balance does not roll over. Plan flights in both halves of the year to capture the full $300.

$/ $300 max
Up to $250/year in dining credit at 15,000+ eligible restaurants — structured as $30 in January and $20/month February through December (30 + 20×11 = $250), not an even monthly split. Separate from (and stacks with) the 5x dining earn rate above. Requires the merchant to transmit a qualifying dining MCC; misclassified restaurants may not trigger the credit.
Ease of use3/5MonthlySee why we rated it this way →

Credit is allotted monthly rather than as one annual lump sum — unused monthly credit does not roll over. Statement credit can take up to 8 weeks to post; reversed if the purchase is later returned/refunded/cancelled.

$/ $250 max
$10 off one qualifying DoorDash delivery order per calendar month, applied to the order subtotal only (not fees, taxes, or gratuity) — no minimum order size. Replaced the original March 2026 version ($250/yr, doled out as discount codes requiring a $50+ minimum order and capped at 2-3 uses/month). Stacks with the complimentary DashPass membership below.
Ease of use5/5MonthlySee why we rated it this way →

Each month's $10 discount must be used that same calendar month or it expires — no rollover. If a single order doesn't use the full $10, the remainder is forfeited (not applied to a future order). Can't be combined with other DoorDash promo discounts. Requires an active DashPass subscription with the Card saved as payment and the account in good standing.

$/ $120 max
Up to $250/year in statement credit for rides booked directly through the Waymo app and paid with the Card — $20/month January through November, $30 in December.
Ease of use2/5MonthlySee why we rated it this way →

Only applies to Waymo, booked in the Waymo app — not Uber/Lyft or other autonomous services. Allotted monthly (unused balance does not roll over), and Waymo city coverage is still limited in 2026.

$/ $250 max
Up to $239/year in statement credit toward a WHOOP Peak (or other) membership or any purchase on whoop.com — available through 12/31/2027. This is a reimbursement credit, not a free device: you still have to buy WHOOP membership/hardware yourself and activate the benefit in the Robinhood app before purchasing to get credited. Replaced the original March 2026 Oura perk, which capped reimbursement at $70 toward a self-purchased Oura Ring (~$300-400, never fully covered) after prepaying a year of Oura Membership.
Ease of use3/5AnnualSee why we rated it this way →

Must activate this benefit in the Robinhood app BEFORE making the eligible WHOOP purchase — activating after the fact forfeits the credit. Benefit is confirmed only through 12/31/2027.

$/ $239 max
Up to $120 toward a Global Entry ($120) or TSA PreCheck (~$85) application fee, reimbursable once every 4 years. Enter $30 if you spread the cost across 4 years, or $120 if you plan to apply this year.
Ease of use5/5Multi-yearSee why we rated it this way →

Reimbursable once every 4 years. Application fee must be paid directly on the Robinhood Platinum Card.

$/ $120 max

The Platinum comes with four complimentary memberships. Drag each slider to what you'd realistically pay for it yourself — leave at $0 for ones you wouldn't use or already have covered elsewhere.

Included free — normally $50/yr. Unlocks 3% IRA match, 5% cash sweep, and Gold Card eligibility. Enter what you'd actually pay for it — the IRA match alone may be worth more than $50 to a heavy contributor, or $0 if you'd never open a Robinhood account.
$/ $50 value
Complimentary DashPass membership (normally $120/yr) — waives DoorDash delivery fees on eligible orders. Stacks with, and is separate from, the $120 DoorDash credit above.
$/ $120 value
Up to $365/yr in statement credit for Function Health lab testing — must be activated separately in the Robinhood app. Residents of Hawaii and Rhode Island are not eligible; NY/NJ residents may be charged additional fees at lab visits. Adjust the value to what you'd actually pay for it.
$/ $365 value
Complimentary Amazon One Medical membership (normally $199/yr) for same/next-day primary care appointments and 24/7 on-demand virtual visits — must be activated and enrolled in the Robinhood app. In-office and scheduled video visits are still billed to you/insurance and may involve copays or deductibles. Enter what it's worth based on how much you'd actually use it.
$/ $199 value

Optional — enter a dollar value for any protection or insurance benefit you'd realistically use. Limits verified against the official Platinum Visa Infinite Benefits Summary; most require paying for the trip/rental/purchase directly with the Card to be eligible.

$
$
$
$
$
$
$
$
Net value after the $695 fee
$-695.00SKIP IT
Rewards earned$695 fee
Points earned / year0 pts
Rewards value$0.00
Annual fee−$695
Effective return on spend0.00%
Want a second opinion? Book a call →

Not a referral or affiliate link.

← Back to resources

Card images, names, and logos shown on this page are trademarks of their respective owners, including Robinhood, Waymo, Uber, Lyft, Robinhood Gold, DashPass, DoorDash, Function Health, Amazon One Medical, and Visa. Their use here is for identification purposes only and does not imply endorsement or affiliation.

Educational purposes only. The content on this site — including guides, calculators, card comparisons, and recommendations — is provided for informational and educational purposes only. It does not constitute financial, tax, or legal advice. Credit card terms, rewards rates, and benefits change frequently; always verify details on the issuer’s official website before applying. He’s Got a Point is not a licensed financial advisor.