Thanks @memetican , This is a serious limitation of webflow. This could have been easily solved if they had allowed minimal styling options with plain text field. Now even if I want to use a short text with line breaks and style spans, Rich text is the only way, but then you wouldn’t be able to use it in a schema using their cms add field option.
Adding a separate field is definitely a workaround but it consumes a collection item.
Thanks for the suggestion.
I will let you know if I find any other workarounds for this!
Cheers