Anyone here paid tuition and actually received the 3% cashback with the Robinhood Gold card?
I was using the Smartly card which gave 4% cashback and offsetted the 2.9% processing fee at my daughter’s elementary school. But the recent nerf added education as an excluded category. So I’m looking for a replacement option.
Any DPs would be much appreciated. Thanks!
Robinhood Gold for tuition payments?
byu/bingdlerchan inCreditCards
Posted by bingdlerchan
2 Comments
Doesn’t really seem worth it for 0.1%
Have you looked into getting a few sign up bonuses instead? A few of the Chase Ink cards have elevated offers right now
I haven’t tried this personally but I’m very interested to see what others have experienced. At 3% I’d potentially make ~$15yr with the just over 3% fee my child’s daycare charges so not really worth it for me, but it sounds like you could maybe make $45-50 while not churning so more worth it for you.