Market Bytes

This Is How Robinhood Can Afford Giving You 3% Back


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Robinhood just announced their 3% cash back card and people are wondering if it’s too good to be true. In this video we break down what the card is about, how they can afford to pay you 3%, and who the card is good for and not so good for. Spoiler alert - the answer is in their financial statements


00:00 Robinhood just released a 3% cash back credit card

08:23 How can Robinhood afford to give you 3% back?

14:42 Who is the card good for?


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Market BytesBy Matt Derron

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