Robinhood Unveils the Future of Family Finance at Robinhood Presents: Take Flight

Robinhood introduces a new Platinum credit card, trust and custodial accounts, enhancements to Robinhood Strategies, and more

Tonight, Robinhood announced a suite of new products designed to help customers manage, grow, and protect their wealth across every stage of life. At Robinhood Presents: Take Flight, we unveiled a new family investing experience to help households see, organize, and share all their accounts; new trust and custodial accounts; significant updates to Robinhood Strategies; a new Platinum Card from Robinhood Money; enhancements to Robinhood Gold; and more.

“Robinhood will be the financial superapp for families to invest, plan, and grow wealth across generations,” said Robinhood CEO Vlad Tenev.

Robinhood for Families 

For many families, managing money today means juggling multiple apps and logins, often without a clear way to see a full picture across accounts. We’re changing that today with a new family investing experience designed to bring clarity, transparency, and shared goals into one place.

With the new family hub, you can access a unified view of accounts grouped by family member, with customizable views for each account, all while keeping ownership and permissions clear.

Unlike password sharing, family hub is built around intentional access. Customers can invite another adult to join, choose which accounts are visible, and set explicit permissions ranging from view-only to full authority. Visibility doesn’t automatically mean control, and that distinction matters when managing money together.

Family hub will begin rolling out to customers later this year.

Custodial and Trust Accounts, now on Robinhood

As part of our increased effort to cater to families, starting today we’re rolling out custodial accounts, which will allow parents and guardians to invest on behalf of a minor, with assets legally owned by the child and automatically transferred when they reach the age of majority.

Customers can set up recurring investments and invite family and friends to contribute seamlessly with our new gifting experience – making it easier to turn birthdays, holidays, and milestones into long-term investing moments. When the new family hub launches later this year, customers will also be able to visualize these portfolios alongside all of their other accounts.

“We’re reimagining what wealth-building will look like for the next generation of families as we prepare for the Great Wealth Transfer,” said Abhishek Fatehpuria, VP of Product at Robinhood.

We also announced trust accounts, a new brokerage account type designed for customers using trusts as part of their estate planning and wealth transfer strategy. Trust accounts will allow one or more trustees to jointly manage investments held in the name of a revocable living trust, with support for equities, options, and uninvested cash. 

Trust accounts will begin rolling out to eligible customers later this year.

The Next Chapter for Robinhood Strategies

A year ago at our Lost City of Gold event we first announced Robinhood Strategies, our digital advisory service that delivers tailored, expert-managed portfolios from a team of experts directly in the Robinhood app. Since launch, Robinhood Strategies has introduced new features like instant access to external cash deposits, portfolio customization tools like single-stock restrictions, tax loss harvesting, and much more. As of today, Robinhood Strategies is now serving more than $1.5 billion in assets under management across more than 250,000 funded customers.

Today, we’re taking Robinhood Strategies to the next level, with new capabilities that reduce friction, increase transparency, and give customers more ways to grow and manage their money.

• Tax-aware transfers: Launching today, tax-aware transfers provide a guided way for customers to move existing brokerage or robo-advisor accounts into Robinhood Strategies with ease. Once assets transfer and settle, the Robinhood Strategies team will analyze holdings and tax lots, presenting clear options that balance reinvestment with potential tax impact. Customers can also customize their outcome, all with transparency and built-in support.

• More insights on returns: Robinhood Strategies was designed to help customers understand how and why their money moves so they can invest with confidence. With an all-new returns hub experience now available, customers can take a deeper look at portfolio performance over time, including what drove results, how those results compare to benchmarks, and what they mean for long-term investing.

• New account types: We’re also expanding Robinhood Strategies account offerings beyond what’s currently available, including individual accounts, traditional IRAs, and Roth IRAs. Starting today, managed custodial accounts will begin rolling out to customers, with managed trust, and multiple-managed-individual accounts coming later this year. 

“We’re constantly enhancing Robinhood Strategies to make managed investing clearer and more accessible, so customers can grow and manage their money with confidence.” said Steph Guild, Chief Investment Officer, Robinhood Markets. 

Introducing the Robinhood Platinum Card

Over the past year, we’ve rapidly expanded our product offerings through Robinhood Money. Today, we have more than 700,000 Robinhood Gold Card customers with over $10 billion in annualized spend. Robinhood Banking is rolling out now and has more than 50,000 funded customers and over $800 million in cash deposited to date.

Today, we’re introducing the next evolution of Robinhood Money: the Robinhood Platinum Card.  It's an invite-only premium credit card plated with real platinum and designed for those who want elevated benefits, with up to 5x higher credit limits than the Robinhood Gold Card.

With an annual fee of $695*, The Robinhood Platinum Card will offer over $3,000 in value per year with benefits across dining, health & wellness and travel. Here’s what you can expect: 

• Dine out or stay in: Earn 5% cash back on dining, plus a $250 DoorDash discount and complimentary DashPass Membership**

• Elevate your health and wellness: Enjoy premium perks like an Amazon One Medical Membership, complimentary Function Health Membership, complimentary ŌURA Membership, and $200 annual credit toward the purchase of health wearables**

• Travel with real returns: Earn 10% cash back on hotels and rental cars and 5% cash back on flights booked through the Robinhood Banking app. Cardmembers also receive unlimited Priority Pass airport lounge access**

• Buckle up and sit back: Cardmembers will earn a $250 annual credit on autonomous rides**

• Plus: 1% cash back on everything else and a complimentary Robinhood Gold membership**

"We built the Gold Card to be the best card for everyday spending, and customer demand showed us there was room to push the boundaries even further," said Deepak Rao, GM and VP, Robinhood Money. “The Platinum Card offers higher limits, elite rewards and luxury benefits, and raises the bar for what customers should expect from a premium credit card."

New Robinhood Gold Perks

We’re leveling up what it means to be a Robinhood Gold member. 

To celebrate our tenth anniversary of Robinhood Gold, we’re rolling out Gold Rewards, a suite of new perks that will give Robinhood Gold customers exclusive access to rewards and experiences typically reserved for high net-worth individuals. 

Robinhood Gold members can soon access a rotating suite of rewards that will refresh regularly, including:

• Premium ticket drops: Access exclusive drops for tickets to the world’s most coveted events and once-in-a-lifetime experiences.

• Crypto gifts: Claim a full crypto coin, courtesy of Robinhood Gold, from a selection of top traded assets on the platform, including favorites like ETH, DOGE, and BTC.

• Partner perks: Unlock exclusive perks and limited-time benefits from premium food service brands and more.

• The Gold Collection: Shop a curated collection of exclusive products and experiences, from gold bars to branded items only available for purchase by Robinhood Gold customers.

Other Highlights from Take Flight 

We’re not stopping there. Today we also announced:

• Early Dividends: Rolling out by April, customers can receive dividends from major U.S. stocks up to 1 month before the official payment date, getting earlier access to cash and more time in the market.

• Portfolio overview: Track all your accounts on Robinhood, including your accounts at other brokerages. See a breakdown of your investments by account type and also the diversification of your assets across your accounts, from one unified place. Portfolio overview is rolling out now to all Robinhood customers.

• Robinhood Market: A new curated storefront featuring official Robinhood apparel and accessories, bringing our brand beyond the app and into the real world. Live today at shop.robinhood.com.

HOOD Rewards Season is In-Flight

To celebrate Take Flight, now through March 25, eligible Robinhood customers can participate in HOOD Rewards, a series of limited-time promotional drops, including a Robinhood Gold-exclusive sweepstakes featuring life-changing prizes – from home down payments and student loan payouts to gold bars. Every eligible deposit counts as an entry.*** 

For all eligible Robinhood customers, we’re also offering transfer bonus promos, including a 2% match on eligible assets moved to Robinhood for Gold members (1% for non-Gold), with even higher bonuses available on qualifying margin transfers, and a 2% crypto deposit match on eligible crypto transfers, with no cap.

Learn more at robinhood.com/hoodrewardsseason.

For more information about Robinhood and these new products visit robinhood.com/presents.

Disclosures:

All investments involve risk and loss of principal is possible.

Robinhood Presents: Take Flight is sponsored by Robinhood Financial LLC. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Robinhood Securities LLC (member SIPC) provides brokerage clearing services.

Robinhood Asset Management, LLC (“RAM” or “Robinhood Strategies”) is an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about fees and expenses, risks, and conflicts of interest, review the Form ADV Part 2A and Form CRS. Tax Loss Harvesting and Tax Aware Transfer services are not tax advice, please consult with your tax advisor. Return charts are provided for informational purposes only and should not be relied upon as an accurate or complete presentation of your portfolio value, gains or losses, or the value or financial position of any security. Charts are based on various data sources and Robinhood Strategies does not make any representation or guarantee relating the accuracy, timeliness, or completeness of charts or any information or data on which they are based. 

Robinhood Banking is a financial services platform offered by Robinhood Money, LLC (“RHY”). RHY is a financial technology company, not a bank. Banking services are provided by Coastal Community Bank, Member FDIC.

Robinhood Platinum Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (“RCT”), is a financial technology company, not a bank. All products and their associated terms are subject to change.

Individual credit limits will vary by applicant and are subject to credit approval and underwriting. See if you’re approved with no impact to your credit score. Your credit will not be impacted unless you decide to accept the card offer.

The Robinhood Platinum card is plated with 99.9% pure platinum. Authorized users receive a stainless steel card at no cost. They may upgrade to the platinum version for a fee.

*See full rates and fee details.

**Some limitations or conditions may apply. See membership benefits guide for details. Membership benefits guide is subject to change.

Must have Robinhood Financial brokerage account to redeem cash back. See rewards program terms for details. Rewards program terms are subject to change. The Early Dividends feature can change at any time. Inclusion in this list today doesn’t guarantee eligibility when a dividend is announced or paid. Dividends are determined by the issuing company and may be revised or reversed before the announced payment date. Payment isn’t guaranteed. Early Dividends only impacts when you receive the payment.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”). For details, refer to What’s Robinhood Gold.

***HOOD Rewards Season Giveaway: No deposit or Gold membership necessary to enter or win. Cash prizes will be fulfilled as an ACH transfer to winners. Enter by March 25, 2026 at 8:59:59 PM PT. To earn entries, cash deposits must be made into your individual investing account. Eligible deposits, minus most withdrawals through March 25, 2026, determine entries, up to 1,002,000. See Official Rules for eligible deposit requirements, free mail-in entry, limitations, odds, and prize details. By depositing, you agree to the Official Rules. Must be a legal resident of the 50 U.S. (D.C.), 18+. Home down payment and student loan payoffs are non-mandatory examples of usage of cash prizes. Gold is a commodity with changing value. Sponsor: Robinhood Gold, LLC. Trading and owning digital assets involves significant risk, including the risk of substantial loss. Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected. 5272184