Robinhood’s new $695 Platinum card vs. $895 Amex Platinum: Which has better perks?

Robinhood's new $695 annual fee Platinum credit card is positioned as a direct competitor to American Express's $895 Platinum card, aiming to attract high-net-worth customers with competitive perks. The analysis by MarketWatch will likely compare rewards, travel benefits, and exclusive access, which could shake up the premium credit card market and intensify competition for affluent consumers. Investors should watch how this impacts customer acquisition for both companies and whether Robinhood can successfully diversify its revenue streams beyond traditional trading.