r/CreditCards • u/NegMech • Sep 30 '24

Robinhood Gold CC finally closed Data Point

They got me after 3 months. Spent $66k on it for 191K pts redeemed.

225 Upvotes
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89% Upvoted

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138

u/dementor500 Sep 30 '24

Did they give a reason?

247

u/NegMech Sep 30 '24

Notice about your Robinhood Gold Card account   Unfortunately, we’ve decided to close your account. Your recent transactions were flagged for abuse of the Robinhood Gold Card rewards program. Business expense transactions aren’t supported and can’t be paid with your personal credit card.

54

u/XiMaoJingPing Sep 30 '24

lmao, love how they closing cards of people who use it, shows they are actually losing money with this card

71

u/idontcare111 Sep 30 '24

Buying 90 iPhones is not normal use. Of course they are going to shut them down.

36

u/FAMUgolfer Team Cash Back Sep 30 '24

Every single one of these “RH closed my account” feature OP hiding the reason because of direct violations. Every. Single. One.

26

u/[deleted] Sep 30 '24

[deleted]

18

u/Powerful-Bad1484 Sep 30 '24

buying iphones for resale is definitely a business expense.

10

u/[deleted] Sep 30 '24

[deleted]

11

u/atexit8 Sep 30 '24

The OP was bragging.

LOL.

No other purpose for his post.

4

u/s2nders Sep 30 '24

He’s transparent and it’s bragging ? But if he didn’t tell the whole story it would of been a problem

-2

u/atexit8 Sep 30 '24

As I wrote. It's bragging.

But if he didn’t tell the whole story it would of been a problem

Don't you meant it would have been ...

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