Robinhood is updating its $695 Platinum Card after perks announced in March drew criticism. Potential customers previously compared the benefit structure to a restrictive coupon book.
The company increased the annual travel credit to $1,000. It also restructured the DoorDash benefit into a $120 annual credit.
Users will receive this credit in $10 monthly increments. The revised card includes a complimentary DashPass membership and a WHOOP membership that includes hardware.