NEW YORK—Another week, another entrant in the ongoing hypercompetitive credit card war. The newest player is stepping in with some big offers.
Robinhood has launched its first credit card, which will offer a suite of premium rewards that includes a new travel portal that offers 5% cash back on purchases and 3% cash back on everything else, Fortune reported.
“Those rewards are among the most generous in the industry, and signify that the company is intent on becoming a significant player in credit card sector as part of a larger push to offer a full suite of financial services, including retirement accounts,” Fortune said.
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