The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City - Robinhood Markets' suite of new products, including its credit card and futures trading platform, will be crucial to drive growth as market fluctuations and regulatory risks cloud the near-term outlook for its legacy business, analysts said.
The card charges no annual or foreign transaction fees and offers 3% cash back, in the form of reward points, on spends. Analysts believe it is crucial to boosting subscriptions to the premium tier. The Gold subscription offers customers access to several premium features - like higher match on their retirement account contributions, bigger rates of interest on their uninvested cash and cheaper margin loans.
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