Robinhood (NASDAQ:HOOD) has unveiled a $695 Platinum credit card, family accounts, and trust accounts at its “Take Flight” event, yet HOOD fell 4% as technical weakness overshadowed product announcements.

The Platinum Card Launch

Robinhood introduced the Platinum Card, an invite-only premium credit card offering up to 5x higher credit limits than the Gold Card. 

The annual fee is $695 with over $3,000 in annual value through benefits across dining, health, wellness, and travel.

Key benefits include 5% cash back on dining, $250 DoorDash discount, complimentary DashPass membership, Amazon One Medical membership, complimentary Function Health and ŌURA memberships, and $200 annual credit…

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