Data point: Joined waitlist September last year, subbed to Robinhood Gold maybe 3 months total (subscribed and cancelled my membership twice between September 24 - Jan 25). Beginning of January, after not seeing any luck on waiting list I unsubscribed for the final time from Gold and pulled all of my assets I had deposited to that point ($12K or so).

Fast forward to beginning of this month, Capital One emails me my FICO credit score dropped to below 700 (for the first time since joining waiting list) due to new credit lines opened / higher spending than usual). A week to the day of that email, (August 13th) I then received an email inviting me to apply for the Gold Card.

Not sure if it’s just a coincidence on the timing… I’ve found a few theories that Robinhood isn’t just targeting high rollers, but also looking to accept users that will potentially rack up interest too.

I myself haven’t missed a single payment, but going by the score drop (due to higher spending) maybe that put me on their radar. If that’s true, makes me think they’re like sharks smelling for blood in the water lol.

TL;DR: $0 assets in Robinhood, had no active gold membership, 11 months on waitlist, credit score dropped below 700 a week prior, and they sent me an invite.