Author criticizes Robinhood's Gold credit card 30% APR as predatory but offers no directional trade or investment thesis.
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Well I was digging to see how each bank would hurt if in theory the Trump 10% Credit card fiasco actually went through. However, I was shocked with 1 in particular & that is Robinhood. They are literally at a 30% APR. Thirty Percent!! Crazy! I don’t think members actually realise how much they are getting scrumped. Now, most of the big scummy banks are the same (not so shocked because I know they are pulling every $ of their customers) But yeah insane. I was told they are amazing, well you’re being scrumped 🤣