{"id":244184,"date":"2026-01-20T22:00:14","date_gmt":"2026-01-20T22:00:14","guid":{"rendered":"https:\/\/awardwallet.com\/blog\/?p=244184\/"},"modified":"2026-04-08T14:32:09","modified_gmt":"2026-04-08T14:32:09","slug":"using-the-robinhood-gold-card","status":"publish","type":"post","link":"https:\/\/awardwallet.com\/credit-cards\/using-the-robinhood-gold-card\/","title":{"rendered":"3% Cash Back on Everything: How I&#8217;m Using the Robinhood Gold Card"},"content":{"rendered":"<p>Over the past few years, I\u2019ve made a concerted effort to do two things: stack solid signup bonuses when I see them and <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/assess-your-credit-card-portfolio\/\" rel=\"noopener\">round out my wallet<\/a> with cards that reward the purchases I make and offer benefits I care about.<\/p>\n<p>One area of my wallet that was lacking until fairly recently was an elite cash back card. I ended up filling that gap (perfectly I\u2019d say) with the Robinhood Gold Card.<\/p>\n<p>This doesn\u2019t come with a signup bonus, but I almost don\u2019t care. Earning 3% cash back on every purchase was enough to make me pull the trigger. And after a <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/news\/bilt-rewards\/new-card-details\/\" rel=\"noopener\">recent shakeup to a card and program I used to be all in on<\/a>, I\u2019m more excited about this gold-colored wallet addition than ever.<\/p>\n<p>Here\u2019s why, and how to get the Robinhood Gold Card if you\u2019re interested in it yourself.<\/p>\n<div id=\"toc_container\" class=\"toc_light_blue no_bullets\"><p class=\"toc_title\">Page Contents<\/p><ul class=\"toc_list\"><li><a href=\"#Why_I_Applied_for_the_Robinhood_Gold_Card\">Why I Applied for the Robinhood Gold Card<\/a><ul><li><a href=\"#Earn_up_to_5_back_on_purchases\">Earn up to 5% back on purchases<\/a><\/li><li><a href=\"#Useful_benefits_and_redemption_options\">Useful benefits and redemption options<\/a><\/li><\/ul><\/li><li><a href=\"#How_to_Get_the_Robinhood_Gold_Card\">How to Get the Robinhood Gold Card<\/a><\/li><li><a href=\"#Bottom_Line\">Bottom Line<\/a><\/li><\/ul><\/div>\n\n<h2><span id=\"Why_I_Applied_for_the_Robinhood_Gold_Card\">Why I Applied for the Robinhood Gold Card<\/span><\/h2>\n<p>No two credit cards are the same. Some offer <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/best-credit-card-for-dining\/\" rel=\"noopener\">great rewards on dining<\/a> and nothing worth writing home about for not-so-sexy purchases like car insurance. Others offer <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/best-credit-card-for-travel\/\" rel=\"noopener\">high multipliers on travel<\/a> but squat for purchases at the overpriced airport coffee shop.<\/p>\n<p>The Robinhood Gold Card, though, is something I can easily use to stack rewards on any of those purchases without having to juggle a bunch of cards.<\/p>\n<p>And really, that\u2019s why I applied for it and started using it.<\/p>\n<figure id=\"attachment_244203\" class=\"wp-caption aligncenter\"><img data-aspectratio=\"600\/480\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" class=\"wp-image-244203 lazyload\" data-src=\"https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Gold-Card.png\" alt=\"Robinhood Gold Card\" width=\"600\" height=\"480\" data-srcset=\"https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Gold-Card.png 1000w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Gold-Card-750x600.png 750w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Gold-Card-900x720.png 900w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Gold-Card-768x614.png 768w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Gold-Card-325x260.png 325w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><center><em>Credit: Robinhood<\/em><\/enter><\/figure>\n<h3><span id=\"Earn_up_to_5_back_on_purchases\">Earn up to 5% back on purchases<\/span><\/h3>\n<p>The Robinhood Gold Card earns uncapped 3% cash back on all purchases, plus a boosted 5% cash back on travel booked through the Robinhood Travel portal. And the rewards deposit to my account instantly, with no delay.<\/p>\n<p>Based on earning rates alone, this card rivals other daily drivers in my wallet, like the <a data-ccid=\"4048272\" href=\"https:\/\/awardwallet.com\/credit-cards\/capital-one-rewards\/venture-x\/\">Capital One Venture X Rewards Credit Card<\/a> and <a data-ccid=\"4028098\" href=\"https:\/\/awardwallet.com\/credit-cards\/amex-membership-rewards\/blue-business-plus\/\">The Blue Business<sup>\u00ae<\/sup> Plus Credit Card from American Express<\/a>. While Capital One miles and Amex points are valuable, matching the value of the Robinhood Gold Card means consistently redeeming those points for more than a cent and a half each.<\/p>\n<p>That isn\u2019t especially hard, but as more programs adopt <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/travel\/what-is-dynamic-pricing\/\" rel=\"noopener\">dynamic pricing<\/a>, devalue transfer ratios, or raise award rates, having a diversified mix of rewards currencies feels increasingly valuable.<\/p>\n<p>I\u2019ll add that even though these earning rates are incredibly lucrative, the headline promise of 3% cash back on <em>all<\/em> purchases is slightly misleading. There are some notable purchases that don't earn rewards, <a target=\"_blank\" href=\"https:\/\/api.robinhood.com\/creditcard\/legal\/reward-terms\" rel=\"noopener\">including rent\/housing payments and taxes<\/a>.<\/p>\n<p>That\u2019s unfortunate, but not the end of the world, especially since there are other <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/pay-taxes-with-credit-card\/\" rel=\"noopener\">cards suited for tax payments<\/a>. And programs like Bilt may still offer a viable way to earn rewards on rent &#8212; though the final shape of the new program remains to be seen.<\/p>\n<p><strong>Related: <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/robbinhood-gold-card\/\" rel=\"noopener\">Our Robinhood Gold Card Review<\/a><\/strong><\/p>\n<h3><span id=\"Useful_benefits_and_redemption_options\">Useful benefits and redemption options<\/span><\/h3>\n<p>There are other things I like about the Robinhood Gold Card, too. It\u2019s a <a target=\"_blank\" href=\"https:\/\/www.visa.com\/en-us\/personal\/cards\/credit\/visa-signature\" rel=\"noopener\">Visa Signature<\/a> product, so it comes with built-in protections like <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/trip-cancellation-insurance\/\" rel=\"noopener\">trip interruption coverage<\/a> and extended warranty benefits.<\/p>\n<p>I also like having the option to deposit my rewards directly into my Robinhood brokerage account. That redemption feels more interesting to me than using cash back earned on the card at face value for travel, airport lounge passes, or mystery box-style rewards.<\/p>\n<p>At a bare minimum, the Robinhood Gold Card has become a go-to for purchases I\u2019d otherwise put on a <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/best-everyday-credit-card\/\" rel=\"noopener\">2X rewards-earning card<\/a> &#8212; like a Costco haul, a car registration renewal, or hiking gear from my neighborhood outdoor store.<\/p>\n<p>Better yet, the Robinhood Gold Card doesn\u2019t cost me that much to carry.<\/p>\n<figure id=\"attachment_151797\" class=\"wp-caption aligncenter\"><img data-aspectratio=\"600\/480\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" class=\"wp-image-151797 lazyload\" data-src=\"https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2024\/02\/Pavel-Danilyuk-Pexels-woman-with-credit-card-and-laptop-featured.png\" alt=\"a woman holds a credit card while typing on a laptop\" width=\"600\" height=\"480\" data-srcset=\"https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2024\/02\/Pavel-Danilyuk-Pexels-woman-with-credit-card-and-laptop-featured.png 1000w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2024\/02\/Pavel-Danilyuk-Pexels-woman-with-credit-card-and-laptop-featured-300x240.png 300w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2024\/02\/Pavel-Danilyuk-Pexels-woman-with-credit-card-and-laptop-featured-768x614.png 768w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2024\/02\/Pavel-Danilyuk-Pexels-woman-with-credit-card-and-laptop-featured-325x260.png 325w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><center><em>Credit: Pavel Danilyuk\/Pexels<\/em><\/enter><\/figure>\n<p><strong>Related: <a target=\"_blank\" href=\"https:\/\/awardwallet.com\/credit-cards\/cash-back\/best-cash-back-credit-card-offers\/\" rel=\"noopener\">The Best Cash-Back Credit Card Offers for Every Budget<\/a><\/strong><\/p>\n<h2><span id=\"How_to_Get_the_Robinhood_Gold_Card\">How to Get the Robinhood Gold Card<\/span><\/h2>\n<p>The Robinhood Gold Card\u2019s website advertises that it doesn\u2019t have an annual fee, but that isn\u2019t entirely true. To get the Robinhood Gold Card, you\u2019ll need to <a target=\"_blank\" href=\"https:\/\/join.robinhood.com\/tylerg2420\/\" rel=\"noopener\">sign up for Robinhood<\/a> (using my referral link gets you a fractional share of stock) and then upgrade your account to Robinhood Gold.<\/p>\n<p>For those unfamiliar, Robinhood Gold costs $5 per month or $50 annually. So, at a minimum, you\u2019ll pay $50 per year to carry the Robinhood Gold Card. That said, the membership offers more than just access to the card.<\/p>\n<p>Robinhood Gold includes several investing-related perks, such as:<\/p>\n<ul>\n<li>3.25% APY on uninvested brokerage cash through cash sweep<\/li>\n<li>Up to $2.5M in FDIC insurance on uninvested cash<\/li>\n<li>Larger instant deposits<\/li>\n<li>Professional research from Morningstar<\/li>\n<\/ul>\n<p>One benefit that stood out when I upgraded from a free account to Gold was the 3% IRA match on eligible contributions to a Robinhood IRA, as long as I keep my Gold membership for a year. That incentive alone made it easier to justify opening and funding a new IRA.<\/p>\n<figure id=\"attachment_244197\" class=\"wp-caption aligncenter\"><img data-aspectratio=\"600\/481\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" class=\"wp-image-244197 lazyload\" data-src=\"https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Featured-PiggyBank-Unsplash.png\" alt=\"Robinhood Splash Screen\" width=\"600\" height=\"481\" data-srcset=\"https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Featured-PiggyBank-Unsplash.png 1000w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Featured-PiggyBank-Unsplash-750x602.png 750w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Featured-PiggyBank-Unsplash-900x722.png 900w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Featured-PiggyBank-Unsplash-768x616.png 768w, https:\/\/awardwallet.com\/blog\/wp-content\/uploads\/2026\/01\/Robinhood-Featured-PiggyBank-Unsplash-325x260.png 325w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><center><em>Credit: PiggyBank<\/em><\/enter><\/figure>\n<p>I\u2019ve also read that the application experience for the Robinhood Gold Card can vary. Even after upgrading to Gold, Robinhood may still place you on a waitlist. In my case, though, I waited about 10 minutes before seeing an option to apply in my account.<\/p>\n<p>As luck would have it, I was approved instantly and had my 17g stainless steel card in hand within two weeks.<\/p>\n<h2><span id=\"Bottom_Line\">Bottom Line<\/span><\/h2>\n<p>Don\u2019t get me wrong, I still love earning and burning points and miles, and that isn\u2019t stopping anytime soon. But as some programs get more complex, I\u2019ve come to appreciate the simplicity of carrying the Robinhood Gold Card, earning 3% cash back on every purchase, and effortlessly adding those rewards to my brokerage account.<\/p>\n<p>In the short couple of months I\u2019ve been carrying it, I\u2019ve genuinely enjoyed earning 3% cash back on purchases that would\u2019ve otherwise earned 2X points or miles, or even just 1X as I wrapped up the spending required to unlock AAdvantage Executive Platinum status.<\/p>\n<p>As the year has kicked off, I\u2019ve found myself increasingly excited about earning 3% cash back on every purchase, and I think many others would feel the same.<\/p>\n<p><em>Not a Robinhood member yet? <a target=\"_blank\" href=\"https:\/\/join.robinhood.com\/tylerg2420\/\" rel=\"noopener\">Click here to sign up with a personal referral link<\/a>. Joining and upgrading your account to Robinhood Gold is the fastest way to get on the (hopefully short) waitlist for the Robinhood Gold Card.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I love earning and burning points and miles. But as some programs get more complex, I\u2019ve come to appreciate the simplicity of carrying the Robinhood Gold Card, earning 3% cash back on every purchase, and effortlessly adding those rewards to my brokerage account. Here&#8217;s my case for getting this card and what you need to know before you apply for it.<\/p>\n","protected":false},"author":80,"featured_media":244201,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[12055],"tags":[12520,12621],"coauthors":[36432],"class_list":["post-244184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-cards","tag-card-benefits","tag-earning-strategy"],"acf":[],"_links":{"self":[{"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/posts\/244184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/comments?post=244184"}],"version-history":[{"count":14,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/posts\/244184\/revisions"}],"predecessor-version":[{"id":245203,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/posts\/244184\/revisions\/245203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/media\/244201"}],"wp:attachment":[{"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/media?parent=244184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/categories?post=244184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/tags?post=244184"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/awardwallet.com\/blog\/wp-json\/wp\/v2\/coauthors?post=244184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}