Boost Your Earnings with Robinhood’s Gold Card
In a previous article, I mentioned the benefits to owning a Fidelity Credit Card. Well my faithful audience, let me tell you about another card that will help you on your investing journey. If you are new to investing or are experienced, using a credit card that helps you invest is a must. The Robinhood Gold Card gives you 3% cash back on all purchases. I mean, come on, you are going to spend the money anyways, might as well get rewarded for it. I use my credit card for all my purchases. At the end of the month I get rewarded with free cash that I use to help me invest. As an added benefit, you can signup with my link and earn up-to $200 in free stocks. To get started, signup here to create an account on RobinHood.
How to Get the Credit Card
To get the Robinhood Credit card, after you create a RobinHood account HERE, you will need to signup to their gold plan which is $5.00 a month. First 30 days free. I’ve listed all the benefits below for the Robinhood Gold membership.
- 5.5% APY on your cash
- Unlock our boosted rate and earn on your brokerage cash. It’ll be FDIC-insured up to $2.5 million at partner banks.*
- 1% boost on your deposits
- Get extra cash on your brokerage deposits—no limit. Paid monthly over 2 years.*
- 3% IRA match
- Get our highest IRA match. Keep it by staying with Gold for a year and holding your IRA assets for 5 years.*
- Bigger Instant Deposits
- Get $5K+ of your brokerage deposits instantly, so you can invest right away.
- Professional research
- Plan your next move with stock research by financial analysts at Morningstar.
- Real-time market data
- See people’s bids and asks on securities with Level 2 market data from Nasdaq.
What’s Robinhood Gold?
Robinhood Gold is a suite of powerful tools, data, and features designed to take your investing to the next level. With Gold, you get the following premium features for non-retirement, individual investing accounts:
- 5% interest on your uninvested brokerage cash with cash sweep (0.01% without Gold)*
- Bigger Instant Deposits*
- Professional research from Morningstar
- Level II market data from Nasdaq
- First $1,000 of margin borrowed is interest free
Benefits of the RobinHood Gold Card
DISCLAIMER
I am not a financial advisor or licensed stock broker. This is my opinion. It’s essential to consider that no investment is without risks. As with any investment decision, thorough research and consideration of your financial goals and risk tolerance are crucial. Consult a financial advisor if you are unsure how to proceed further.
