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Is Robinhood Gold Subscription Fee Worth It?
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Overview of Robinhood Gold
Robinhood Gold is the broker’s premium membership program that gives customers extra benefits in exchange for a small monthly fee. Let’s take a look.
Key Takeaways
• It’s very easy to sign up for Robinhood Gold on the broker’s mobile app or website.
• Gold costs just $5 per month and comes with a wide range of perks.
• With a brokerage account at Robinhood, it’s possible to invest in precious metals, including gold.
Benefits of Robinhood Gold
Gold customers at Robinhood get extra perks that can help take investing and trading up a notch. These benefits include:
- 3.35% APY on idle cash with an FDIC sweep (sometimes this is boosted for new Gold members)
- Research reports from Morningstar
- An additional 2% match on IRA rollovers and transfers
- Level II data from Nasdaq
- 0.00% margin rate on the first $1,000 of borrowed money
- Larger instant deposits in taxable accounts (as high as 50x a normal account)
- Eligible to apply for the Robinhood Gold Credit Card
Obviously, a Gold membership brings a lot to the table.
The credit card does require a separate application. It has these lucrative details:
- 3% cash back in all categories
- 5% cash back when travel plans are booked through the Robinhood Travel portal
- Visa Signature benefits
- No annual fee
- No foreign transaction fees
- Virtual cards
- Stainless steel card
- Extra cards for family members of any age
Open Robinhood Account
Visit Robinhood Website
Joining Robinhood Gold
It’s very easy to sign up for Gold. Just log into the website or mobile app and look for the link or button to join Gold. The brokerage firm promotes this membership heavily, so it’s very easy to find. The Gold option shows up in several places on the platform.
Tap or click on a Gold button and follow the on-screen prompts to enroll.
Robinhood Gold Cost
Although Robinhood is generally a low-cost broker, Gold is an exception. The brokerage firm charges $5 a month for all the benefits that come with the subscription, and this modest fee may be worth it, especially for margin traders and credit-card users. To make the deal even better, Robinhood also has an annual plan that costs just $50 per year. On that plan, the average monthly cost is $4.17.
Leaving Robinhood Gold
If you sign up for Gold and later decide it isn’t for you, you can always cancel. To do this, log into the mobile app or website and go to the settings area for Gold. From there, follow the prompts to downgrade or unsubscribe.
Robinhood Gold Judgment
Gold members at Robinhood can get some very appealing benefits at a low cost.
Updated on 3/28/2026.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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