MTM Travel - The Fun Side of Points & Travel! Elon's WILD New Debit Card, Bilt's Big Backlash & Robinhood Platinum Is Misleading?!
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Mar 12, 2026 They unpack Elon’s new X Money debit offering with 6% APY and 3% cashback. They dig into Bilt’s messy rollout, mortgage payment failures and a hidden foreign fee. They question Robinhood Platinum’s touted $3,000 credits and how usable those perks really are. They also note Marriott raising its certificate top-off cap and debate hotel loyalty strategies.
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Check Platinum Credits Before Paying $695
- Evaluate premium card credits carefully before paying high annual fees.
- Shawn and Mark show Robinhood Platinum lists $3,000 in credits but many are restricted, low-value, or require high spend thresholds.
Big APY Offers Are Likely Temporary
- High introductory yields can be a short-term acquisition tactic, not a permanent product feature.
- Mark and Shawn note Elon’s X Money offering 6% APY and 3% debit back likely won't last given industry economics.
Park Savings In High Yield Then Monitor
- Take advantage of high-yield deposit promos quickly but be prepared to move funds later.
- Mark says he'll move savings to X Money for 6% APY and treat it as short-term gain while monitoring duration.