Robin Hood unveils new Platinum Card that offers $250 self-ride credit, TSA PreCheck access, cashback—here’s what you need to know

Trading platform Robinhood Markets Inc. A new Platinum card has been unveiled that offers incentives for autonomous ride-hailing services, Transportation Security Administration(TSA) PreCheck facility and more.

On Wednesday, the company announced its Platinum Card, which is offered with an annual fee of $695 and is offered by the company to offer benefits of up to $3,000 a year. Robin Hood says the card is plated with 99.9% pure platinum, available to users for a fee. As standard, users are provided with a stainless steel card.

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The card offers a $250 annual credit with a $20 monthly credit for autonomous rides, and an additional $30 credit applied to transactions in December. The card will automatically apply the credit when a transaction is made using the card. As for TSA Global Entry and PreCheck credits, the card offers $120 in credits.

“Eligible cardholders will receive up to a $120 credit every four years when the application fee for Global Entry or TSA PreCheck is charged to their Robin Hood Platinum Card,” the company said. The application fee for the facility is $120.

Another benefit of the card, the company says, is a $250 credit DoorDash Inc. Enabled through a free DashPass membership. The company says it will provide “up to three $10 off purchases in January and up to $10 off every other month.”

Robin Hood also said the credit can be applied to a qualifying delivery order with a minimum order of $50, excluding taxes and fees.

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“Primary cardholders are eligible to earn monthly statement credits for dining purchases at participating local restaurants,” the company said, adding that a total of $250 in statement credits per year can be earned at 15,000 local restaurants.

This period is the same as the credit that applies to autonomous ride-hailing services. The news comes like this Cathy Wood– leadership ARK Investments It recently bought more than $5.4 million in shares of the food delivery platform.

The company will offer up to $500 in credit on hotel bookings through its travel portal. The platform will offer 5% cashback on flights booked through the Robinhood Banking app.

“Eligible cardholders will receive up to $250 in statement credit toward luxury hotel bookings per six-month period,” Robin Hood said, adding that it will offer the option to use up to $100 in credit on standard hotel bookings.

Robinhood said it will offer a “Priority Pass Select Annual Membership” to eligible Prime cardholders, who can use it for “unlimited lounge visits” in the program.

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The company also offers a one-year membership Amazon.com Inc.A medical service, which includes “24/7 on-demand virtual care and same/next-day appointment booking in multiple US cities,” Robin Hood said.

The card will offer a one-year membership to the wearable health tracking device Circle of Aura. To become a member, customers must purchase a ring through the card and activate it within six months of purchase.

The news comes like this Elon Musk He has also made his news x money The platform, which will offer users a 6% APY (Annual Percentage Yield) on the account, and also offers a “$25 welcome gift” to users during the beta rollout phase. XMoney will also offer users a metal debit card, which can be personalized in association with the user’s official XHandle. Visa Inc..

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The article Robin Hood unveils new platinum card that offers $250 autonomous ride credit, TSA PreCheck access, cashbacks—here’s what you need to know originally appeared on Benzinga.com.