Those of you that are familiar with credit cards know of the most common perks such as cash back, miles, points, $0 Transfer APR, no annual fee, 0% APR intro, etc. Well, get ready for a whole new type of rewards in Cryptocurrency. Crypto is a digital currency that can be used to buy goods or services. Crypto came into the financial market around 2009. Most of you have probably heard of Bitcoin which was the first ever crypto invented.
Cryptocurrency took the financial world by storm these last few years and doesn’t seem to be letting up anytime soon. The Gemini Credit Card hit the market late summer/early fall of 2021 offering crypto rewards on every purchase. Gemini offers rewards in currencies like Bitcoin, Ethereum, or 60+ other currencies. While there might be several different crypto rewards credit cards on the market, Gemini is the only credit card that deposits your crypto rewards immediately. So, you don’t have to wait for your end of month statement for the rewards to hit, the crypto you earn will hit your account instantly after you swipe your card.
Perks of the Gemini Card
Gemini offers your common perks such as 3% back on dining, 2% back on groceries and 1% back on all other purchases. The card is completely customizable too, choose from black, silver, or rose gold metal cards. The Gemini card also comes with no annual fee.
How Does The Gemini Card Work?
So how exactly does this card work? You make your usual grocery run or grab a coffee and use your Gemini Credit Card. The crypto rewards are automatically deposited in your Gemini account. From there you can trade or hold your crypto rewards. The best part is you have full control over your rewards! You can change your crypto rewards type at any time and as often as you would like. You can also transfer your rewards to other crypto wallets, trade your cryptocurrencies, and of course withdraw them.
Worried about how secure your crypto will be? Gemini has you covered with your world-class security. Gemini has built a leading security program focused on developing innovate security solutions to help protect and secure their customers and their assets. Mastercard also offers zero liability protection on unauthorized transaction as well as ID theft protection.
- Regular APR
- 15.99% to 26.99% Variable
- Cash Advance APR
- 28.99% Variable
- Penalty APR
- 32.99% Variable
- Cash Advance Fee
- $10 or 3% whichever is greater.
- Annual Fee
- Late Payment Fee
- up to $20
- Earn 10% back in crypto on your gas and EV charging for a year (terms may apply)
- Earn crypto rewards on every purchase with the new Gemini Credit Card™
- Earn rewards in 60+ cryptos on every purchase with the new Gemini Credit Card™
- Watch the crypto you earn land in your Gemini account the instant you swipe, not a month later
- Get up to 3% crypto back* on every purchase with the new Gemini Credit Card™
- A Gemini Mastercard®. Issued by WebBank.
If you are trying to work your way into crypto, this could be the card for you. As previously mentioned, there are several different crypto cards out on the market, but Gemini is the only card that offers reward earning in real time. Gemini also offers access to your card number and mobile wallet pay in-app as soon as you’re approved. Still unsure? Gemini encourages consumers to check out their Cryptopedia 101 page to make sure this is the card and crypto is the reward system for you.
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Editorial Disclaimer: Information in these articles is brought to you by CreditSoup. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles. The information is accurate to the best of our knowledge when posted; however, all credit card information is presented without warranty. Please check the issuer’s website for the most current information.