Is Robinhood Gold Worth It? Yes, If You Regularly Use These Key Features

A $5 monthly Robinhood Gold subscription, or $50 for its annual plan, provides higher interest on uninvested cash, a 3% IRA contribution match, advanced research tools and more.

But do the premium perks justify the added cost?

Well, yea. Using some basic math, it turns out Robinhood Gold is worth it — you just need to take advantage of a couple key benefits for the cost to make sense.

Actually, it really boils down to your situation and where you place value in a broker.

Robinhood Gold vs non-Gold: Quick comparison

Feature	Robinhood Gold	Non-Gold
Monthly cost	$5	$0
Research reports	Morningstar access	None
Level 2 market data	Included	Not included
Instant deposits	Greater of up to $5,000 or 3X your portfolio value	Up to $1,000
Interest on cash	4%	0.01%
Robinhood Gold Card access	Yes	None
Robinhood Legend access	Yes	Yes

Is Robinhood Gold worth it?

From higher annual percentage yield (APY) on uninvested cash to advanced research tools, Robinhood Gold is a marked improvement over the standard account.

Here are some specific situations in which Robinhood Gold is worth it:

• You keep a decent chunk of uninvested cash in your brokerage account.
  With $1,250 in cash and your account enrolled in Robinhood’s brokerage sweep program, you’d earn $50 in interest over a year at Gold’s 4% APY, enough to cover the $50 annual subscription. Anything above that is profit. Non-Gold users get just 0.01%.
  Brokerage cash: $1,250 at 4% APY = $50/year (break-even point).
• You max out or heavily contribute to an IRA.
  Gold offers a 3% match on self-directed IRA contributions, versus 1% for non-Gold members. If you contribute the 2025 IRA maximum of $7,000, Robinhood Gold would add $210 to your account. Without Gold, you’d get $70 from the standard 1% match. That extra 2% more than covers the $50 annual cost and even the $5 monthly cost. If you’re a Robinhood customer, plan to fund an IRA and intend on staying with Robinhood for several years, Gold is a no-brainer. (Psst, you must stay a Gold member for a year and keep contributions in for five years to keep the full match.
  IRA: $2,500 contribution at 2% extra match = $50/year (break-even).
• You trade on margin regularly.
  Gold includes $1,000 of interest-free margin, which can save you up to $57.50 in interest on margin balances of up to $50,000. Robinhood’s margin rate for balances of this amount is 5.75% as of June 2025.
  Margin: $1,000 at 5.75% = $57.50/year saved (more than break even).
• You have a portfolio of $100,000 or more you want managed.
  Gold offers a $250 cap on the management fee for Robinhood Strategies. So, only the first $100,000 of a portfolio is charged the 0.25% management fee. And until December 31, 2025, pay $0 in management fees on the first $1,000 in your account.
Robinhood Strategies example: With a $200,000 portfolio, the first $100,000 incurs a 0.25% fee, amounting to $250. The remaining $100,000 incurs no fee. Thus, your total annual management fee is $250, which is the cap. Without Robinhood Gold, the 0.25% fee would apply to the entire $200,000, resulting in a $500 fee — double the amount with Gold.
• You’re an existing Robinhood customer and rely on advanced research or data.
  The value here isn’t cash savings but rather decision-making power. Gold provides unlimited access to Morningstar reports and Level 2 market data. If you’re an active investor or trader, these tools probably feel essential.

So is Robinhood Gold worth it?

For $5 per month, or $50 when you subscribe to the annual plan, the benefits can easily outweigh the cost, especially if you take full advantage of the higher Robinhood Gold APY, IRA match and margin interest savings. Try the 30-day free trial to test it. If your habits align with one or more of these scenarios, Robinhood Gold's a cheap upgrade; otherwise, skip it.

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Robinhood Gold

• Earn 4% APY on uninvested cash (subscription fees apply).
• Get a 3% match on all new IRA contributions and a 1% match on IRA and 401(k) transfers.
• Access professional research from top-tier research provider, Morningstar.
• Biggest instant deposits.

Robinhood Gold benefits

Robinhood Gold offers a range of benefits that can significantly enhance your trading and investment experience on the platform:

• 4% APY on uninvested cash
• 3% IRA contribution match
• Bigger instant deposits
• Nasdaq Level 2 data and Morningstar insights
• First $1K of margin interest-free
• Discounted futures and index options commissions
• $250 cap on Robinhood Strategies

Higher interest on uninvested cash

Robinhood Gold pays 4% APY on your uninvested cash, far higher than most traditional savings accounts.

• This rate comes as part of its FDIC-insured cash sweep program, potentially covering the cost of Gold if you maintain a balance over $1,250.
• Non-Gold customers earn just 0.01% APY.
• In a low-interest-rate environment, having access to such a high APY can be a game-changer, turning what would typically be idle cash into a productive asset.

Higher match on IRA contributions

Robinhood Gold provides a 3% match to every dollar you contribute to your Robinhood individual retirement account (IRA).

• This match functions similarly to an employer match in a 401(k). Over time, this can significantly boost your retirement savings, compounding your wealth more effectively.
• For example, if you contribute the 2025 IRA maximum of $7,000, Robinhood Gold would add $210 to your account.⁽²⁾ While this might seem modest, that extra contribution could grow substantially over 20 years with compounded growth, depending on your investment returns.
• You must maintain your eligible deposit for at least five years to keep the IRA match, which can help ensure you’re committed to your long-term retirement strategy but also limits you from switching brokers.
• Robinhood matches 1% to non-Gold customers.

Bigger instant deposits

Robinhood Gold members can access instant deposits of up to $5,000 or three times their portfolio value, allowing you to invest without waiting for bank transfers to clear.

• This is a big upgrade from the $1,000 instant limit on standard accounts with a portfolio value of less than $1,000.
• Portfolio’s greater than $1,000 are capped at up to two times the portfolio value.

Dive deeper: Curious what else Robinhood has to offer? Read our full review.

Advanced research and analysis tools

With Robinhood Gold, you get access to Morningstar research and Level 2 market data, which helps you evaluate investment opportunities using in-depth analysis.

• Normally priced at $249 per year for Morningstar Investor, these reports include analyst ratings, risk assessment and valuation estimates.
• Level 2 market data, which shows the full range of bid and ask prices beyond the standard quote, helps active traders make smarter buy and sell decisions by seeing order book depth and market sentiment.

First $1K of margin interest-free

Robinhood Gold offers a unique benefit for margin users by providing the first $1,000 of margin interest-free. This benefit can significantly reduce your borrowing costs, especially if you’re using margin to make strategic investments.

• It’s important to approach margin trading with caution, as it can also magnify losses.
• The interest-free benefit on the first $1,000 can make margin trading more accessible and affordable, but it’s still crucial to have a clear strategy and risk management plan in place.

Discounted futures and index options commissions

Save $0.25 on futures commissions and $0.15 on index options with Robinhood Gold.

• Trade index futures, energy futures, crypto futures, currency futures and metals futures.
• Trade as options on indices like the S&P 500 and VIX.

$250 cap on Robinhood Strategies

The annual management fee for Robinhood Strategies is 0.25%, but it’s capped at $250 per year for Gold subscribers. This means accounts managed by Robinhood Strategies are only charged management fees on the first $100,000 of assets under management. So, for every dollar over $100,000, the management fee is 0%.

How much does Robinhood Gold cost?

Robinhood Gold is priced at $5 per month, which totals $60 annually. If you go with the annual plan, it’s $50 for the year. Robinhood also offers a 30-day free trial for new subscribers, allowing you to test the features before committing to the monthly fee.

What is the Robinhood Gold Card?

The Robinhood Gold Card is an exclusive credit card available only to Robinhood Gold members. It offers:

• 3% cash back on all purchases
• 5% cash back on travel bookings made through Robinhood’s travel portal
• $0 annual fee
• $0 foreign transaction fees
• $0 balance transfer fees
• Ancillary perks, including an auto rental collision damage waiver and trip interruption protection

The card, available in stainless steel and a special 10-karat gold version for top-tier users, is currently accessible only through a waitlist that has attracted over one million users.⁽³⁾ Robinhood began rolling out the card to waitlisted users in April 2024, though a specific timeline for when all applicants will receive their cards remains uncertain.

You can add seven authorized user accounts, with no age restrictions for cardholders, so family members can build credit. However, one more detail bears mentioning — the card’s APR ranges from 19.99% to 29.99%, making it crucial to pay off balances each month to avoid high interest charges.⁽⁴⁾

Robinhood’s rewards points redemption options include:

Redemption option	Redemption amount/rate	Details
Card upgrade	7,500 points	Upgrade to the limited edition Rose Gold Card
Statement credit	Less than $0.01 per point redemption rate	Redeem your points for statement credit
Mystery box	1,000 points	Open a mystery box to earn a reward, including: Bonus points 4X or 5X points for the next 24 hours 10X points on your next purchase at a restaurant More
Lounge passes	5,000 points	Redeem for lounge passes at participating airports
Robinhood merch	Varies	Redeem your points for exclusive Robinhood merch
Brokerage cash back	$0.01 per point redemption rate	Convert points to brokerage cash to earn 4% APY
Gift cards	$0.01 per point redemption rate	Redeem your points to purchase gift cards to select merchants
Travel	$0.01 per point redemption rate	Redeem your points for travel purchases
Shopping (Ending July 22, 2025)	$0.01 per point redemption rate	Shop and pay using points
Amazon Shop with Points	Any amount	Redeem your points directly when shopping on Amazon

Alternatives to Robinhood Gold

Frequently asked questions

How do I update to Gold?

Upgrading to Robinhood Gold is a straightforward process. Simply open the Robinhood app, navigate to the account menu and select Robinhood Gold. Follow the prompts to begin your 30-day free trial, which allows you to explore all the premium features before committing to the $5 monthly subscription.

Can I cancel my Gold subscription at any time?

Yes, you can cancel your Robinhood Gold subscription at any time. If you decide that Gold isn’t meeting your needs, go to the account menu in the Robinhood app, select Robinhood Gold and choose the option to cancel.

Your benefits will continue through the end of your current billing cycle, after which your account will revert to a standard Robinhood account with no additional charges.

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