Increasingly, the world is going digital, and that includes how we spend. The cryptocurrency space is quickly evolving, which is why our team regularly monitors trends and new product launches to keep our thumb on the pulse of the industry. One new trend that is quickly gaining in popularity is the crypto rewards credit card.
As more and more crypto cards are becoming available, consumer interest is growing to earn rewards in this new way on everyday spending. Crypto credit cards function much like traditional credit cards, except that they source funds and pay rewards using digital currency, like Bitcoin. Backed by popular card issuers like Visa and MasterCard, you still enjoy flexible spending with enhanced rewards through cryptocurrency.
To find the best crypto credit cards today, we regularly research and analyze several critical factors. This includes not only the rewards structure but also associated pricing and fees, cryptocurrency options, payment methods, and exchange options.
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Crypto.com Visa
Best overall
Annual fee: $0
Credit: None required
Rewards: CRO
Funding method: Crypto wallet
Account minimum: $0 - $400,000
As one of the first crypto cards, The Crypto.com Visa card fits into your life seamlessly with tons of rewards that make sense for daily life. You receive 100% back on your most-loved subscriptions, including Amazon Prime, Netflix, and Spotify. If you catch the travel bug, there are rewards there, too, with 10% back on Airbnb and Expedia purchases. You also receive exclusive airport lounge access. Rewards vary based on the card you choose, with most cards offering 3% to 5% CRO back and other rewards. There are also no ATM withdrawal fees for most cards and exclusive currency exchange rates when you maintain a higher monthly limit.
To get started, you will need to purchase Crypto.com's CRO tokens. Although sometimes referred to as a debit card, the Crypto.com card is, in fact, a prepaid card that uses Crypto.com's own digital currency. There is no maximum allotment per month for transactions involving currency exchange, allowing you to make as many exchanges as necessary.
Crypto.com is compatible with more than 90 different cryptocurrencies, making it one of the most flexible crypto cards available today. The card itself is made of metal and is available in seven different colors. You can use your card anywhere Visa is accepted, and the exclusive Crypto.com app helps you manage your account on the go.
Pros:
Compatible with most cryptocurrencies table
No fees
Entertainment rewards
Cons:
Required use of Crypto.com tokens
Limited consumer resources
Complicated platform for new users
Go to Crypto.com to learn more.
Gemini
Best rewards
Annual fee: $0
Credit: Excellent
Rewards: 30+ cryptocurrencies
Funding method: Crypto wallet
Account minimum: $0
Gemini automatically earns crypto rewards that are compatible with more than 30 different cryptocurrencies. While there are no exchange fees, it is important to note that exchanges are not guaranteed. Users will love that there is no annual fee, but there is no sign-up bonus, either. Fees on transactions range from 0.5% to about 4%, depending on your specific card. The Gemini card is issued by WebBank and created with MasterCard, allowing users access to all merchants that accept MasterCard. A convenient app also helps you manage your account, like freezing and unfreezing your card, and 24/7 live customer support will be available.
Gemini has a unique rewards structure that is paid in real-time and can be redeemed in several ways:
3% back on dining
2% back on groceries
1% back on all purchases
All rewards from eligible purchases are paid out via Bitcoin or another cryptocurrency accepted by Gemini. Members also receive access to MasterCard exclusives, such as special savings on purchases at Lyft, DoorDash, HelloFresh, and ShopRunner. MasterCard's signature Mastercard ID Theft Protection™ and Zero Liability and Price Protection benefits are also included.
The Gemini card is not yet available, but you can sign up for the waitlist to be notified when applications are being accepted. The card will be available in all 50 states in a sleek metal design in your choice of black, silver, or rose gold.
Pros:
Use anywhere MasterCard is accepted
Available nationwide
Multiple rewards structures
Cons:
Currently waitlisted
No guaranteed exchanges
Fees can add up
Go to Gemini to learn more.
Coinbase
Best security
Annual fee: $0
Credit: Good to Very Good
Rewards: BTC, XLM
Funding method: Crypto wallet
Account minimum: $0
Founded in 2012, Coinbase was already a leading crypto exchange when it launched its Coinbase Visa card. The Coinbase Visa is similar t
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