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A new credit card could attract millions of customers to Robinhood.
Robinhood (HOOD 4.44%) announced a new credit card and deposit benefits for users that could change financial services forever. In this video, Travis Hoium covers why this is great for Robinhood, which is playing a different game than traditional financial institutions.
*Stock prices used were end-of-day prices of March 26, 2024. The video was published on March 27, 2024.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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