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Is the New Robinhood Platinum Credit Card Worth the $695 Annual Fee?

Benefits of the Robinhood Platinum Credit Card

The standout feature of the Robinhood Platinum Credit Card is its annual statement credits worth more than $3,000. Cardholders can earn:

— $500 in hotel credits

— $300 in travel credits

— $250 in autonomous ride credits

— $200 in wearable credits

— $120 in credits for the Global Entry and TSA PreCheck programs

— $250 in dining credits

In addition, the card offers complimentary access to Robinhood Gold, Oura, Amazon One Medical, Functional Health, DoorDash and Priority Pass.

You can also earn 10% cash back on hotels and rental cars and 5% cash back on flights booked through the Robinhood Banking app.

[Read: Best Credit Cards.]

Who Should Consider This Card

If you’re looking for a premium rewards credit card that offers generous credits, the Robinhood Platinum Card could be a perfect addition to your wallet. That said, if you prefer a luxury credit card that comes with a welcome bonus, you should explore other premium cards.

Alternative Premium Credit Cards to Consider

Chase Sapphire Reserve® may be a better choice if you prefer opening a premium card that offers the chance to earn a large welcome bonus. After spending $6,000 within the first three months of opening the card, you can earn 125,000 bonus points. Plus, there are plenty of other perks that can help you offset the card’s $795 annual fee, such as a $300 annual travel credit, a $250 annual credit for certain Chase Travel? Hotels and a $300 annual dining credit.

Another top rewards credit card that offers a substantial welcome bonus is the American Express Platinum Card®. When you spend $12,000 within the first six months of opening this card, you can earn as high as 175,000 Membership Rewards® points. Plus, this card comes with many ongoing rewards that can help offset its $895 annual fee, such as the ability to earn up to $600 in annual hotel credits, $200 in annual airline fee credits and $209 CLEAR+ membership credit. See Rates & Fees

[Read: Travel Credit Cards]

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Is the New Robinhood Platinum Credit Card Worth the $695 Annual Fee? originally appeared on usnews.com

Powerball hits $1 billion for tonight’s drawing, the biggest US lottery jackpot of the year

(CNN) — The Powerball jackpot has climbed to an estimated $1 billion after no ticket won the grand prize Monday night, marking the first billion-dollar Powerball jackpot since a player in Arkansas took home $1.8 billion on Christmas Eve last year.Wednesday night’s drawing will be the 44th consecutive drawing in the current jackpot run, and the prize ranks as the eighth-largest in Powerball history, according to the Multi-State Lottery Association, which administers the game.The winning numbers from Monday night’s drawing were 6, 37, 54, 55 and 64, and a red Powerball 10, with a Power Play multiplier of 3.If a player hits the jackpot Wednesday, they can choose between an annuitized prize estimated at $1 billion, paid in 30 graduated payments over 29 years, or a lump sum payment estimated at $433.1 million. Both figures are before taxes. Some states, including Florida, Texas and Tennessee, do not tax lottery winnings, and most Powerball and other major lottery winners choose the lump sum over annuity payments.Although no one won the $905 million jackpot Monday, some ticket holders still won sizable prizes, according to Powerball. One ticket sold in Tennessee matched all five white balls and included the Power Play option to win $2 million. Two other tickets, sold in California and Maryland, matched the five white numbers to win the $1 million Match 5 prize. In California, the payout can vary based on ticket sales and the number of winners.The odds of winning a Powerball jackpot are approximately 1 in 292.2 million. For perspective, a person has a better chance of being struck by lightning in a given year — a 1 in 1.22 million chance, according to the National Weather Service. The odds of being killed by a shark over a lifetime are roughly 1 in 4.3 million, according to the International Shark Attack File.No one has won the grand prize in more than three months, since two players in Florida and Texas split a $20 million prize on May 2.The size of this jackpot is no anomaly. Powerball and Mega Millions jackpots have grown larger over the past several years, driven by game redesigns that lengthened the odds of winning, more frequent drawings and an expanded player pool.Three winners in Florida, California and Tennessee became the first to claim a jackpot over $1 billion when they split a $1.586 billion Powerball prize in 2016.The largest Powerball prize on record — $2.04 billion — was won in California in 2022. Last year’s $1.8 billion Arkansas jackpot ranks second.Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, the US Virgin Islands and the United Kingdom. Drawings are held every Monday, Wednesday and Saturday at 10:59 p.m. ET.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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