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A comment on How can Robinhood afford 3% cash back on its new credit card?. Parent comment

Re:How can Robinhood afford 3% cash back on its new credit c... by testval123 on Tuesday April 02, 2024 @03:29PM (#39909900)
There are no annual fee 2% cards without any hoops. If you don't care about the other perks for Robinhood Gold, the break even would be $50/.01 = $5000 of spend.
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Re:How can Robinhood afford 3% cash back on its new credit c... by Z_I_F_F on Tuesday April 02, 2024 @04:19PM (#39910434)
The fidelity credit card is exactly this if you use Fidelity for your checking account. 2% cashback on everything, goes directly into your bank account.

But the website and app UX for their credit card is awful. Everything is a hassle.

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Re:How can Robinhood afford 3% cash back on its new credit c... by coolspot on Tuesday April 02, 2024 @04:02PM (#39910255)
Citi DoubleCash is 2% on everything, no hoops, no annual fee.
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Re:How can Robinhood afford 3% cash back on its new credit c... by ahahahahah on Tuesday April 02, 2024 @04:22PM (#39910464)
Yes, that is an example of what parent said exists.
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Re:How can Robinhood afford 3% cash back on its new credit c... by BobaFloutist on Tuesday April 02, 2024 @08:34PM (#39912398)
You're right, but man does that take a couple of reads to parse!
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Re:How can Robinhood afford 3% cash back on its new credit c... by coolspot on Wednesday April 03, 2024 @01:45AM (#39914010)
https://en.wikipedia.org/wiki/Garden-path_sentence
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Re:How can Robinhood afford 3% cash back on its new credit c... by BobaFloutist on Tuesday April 02, 2024 @08:33PM (#39912396)
And again, that's $5000 of spend outside of categories you can get better in.
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