Robinhood Stock Jumps as New Credit Card Takes on Apple, SoFi. Other Tech News Today.
Robinhood hopes to win new customers by entering the credit card market. On Tuesday, the company launched Robinhood Gold Card, which offers a set of enticing features, including 3% cash back on all purchases. There’s no annual fee for the card and no foreign transaction fees, but it’s only available for Robinhood Gold members, which comes at a cost of $5 per month.