Robinhood Markets Inc (NASDAQ:HOOD) has launched its Gold Card, offering a 1% boost on Gold deposits and a redesigned app. The announcement was made at its first-ever keynote event.
What Happened: On Tuesday, Robinhood conducted its inaugural keynote event, “Robinhood Presents: The New Gold Standard,” where CEO Vlad Tenev introduced the Robinhood Gold Card and a revamped Robinhood app. The announcement was distinctly in the flavor of Apple co-founder Steve Jobs’s introduction of the iPhone in 2007.
The Robinhood Gold Card, available exclusively for Robinhood Gold members, provides 3% cash back on all categories and 5% cash back on travel booked through the Robinhood travel portal. The card does not impose an annual fee or foreign transaction fees. Reward points can be redeemed for ...