The most frequent rewards credit card incentives are cashback, points, and miles. However, cryptocurrency-earning credit cards are popping up all over the place. A cryptocurrency credit card is a credit card that lets you spend cryptocurrency and receive cryptocurrency rewards. A crypto credit card could play a significant role in the future crypto world, given the growing popularity of bitcoin. Top cryptocurrency credit cards are reshaping the cryptocurrency market and accelerating bitcoin usage.
These cards allow you to earn cryptocurrency directly from your purchases or convert rewards into cryptocurrency.
BlockFi Bitcoin Rewards Credit Card
The crypto rewards credit card was the first of its kind, offering 1.5 percent back in Bitcoin instead of cash, points, or miles. The card still gives you 1.5 percent back on every purchase you make, but new users can get 3.5 percent back for the first 90 days they have the card.
You'll get 2% back on every dollar you spend over $50,000 per year. With some merchants, you'll also be able to earn larger rewards rates.
SoFi Credit Card
The SoFi Credit Card is also a World Elite Mastercard, it comes with benefits like $1,000 in cell phone insurance, three months of free DashPass membership, and free ShopRunner membership, among others.
The SoFi Credit Card gives you two points for every dollar you spend. When you deposit those points into an approved SoFi account, including a SoFi crypto account, you can redeem them for one penny each. (Direct statement credit is also an option, although each point is only worth 0.5 cent when redeemed this way.) At the moment, the only cryptocurrency redemption possibilities are Bitcoin and Ethereum. Residents of Hawaii, Nevada, and West Virginia are not eligible for crypto redemption as of this writing.
Gemini Credit Card
On eligible purchases in bitcoin or any of the more than 30 cryptocurrencies accessible on Gemini, cardholders can earn up to 3% back. The cards' Gemini accounts will be promptly credited with cryptocurrency rewards. There will be no annual charge on the card, allowing cardholders to get the full value of their points. It will provide an improved cardholder experience when combined with 24/7 live customer assistance
Crypto.com Visa Card
The Visa cards offered by Crypto.com are an excellent option for anyone looking to increase their rewards. The credit cards offered by Crypto.com offer a variety of benefits, including 100% cashback. The amount of free currency exchange transactions you can do each month is unrestricted. Apply for a Crypto.com Visa Card and get up to 8% back in CRO on your purchases.
The Nexo Card can be used just like any other card. All you have to do is swipe your card, and the payment amount will be debited from your credit line's available balance. Every time you tap your Nexo Card, you'll get 2% cashback. Choose whether you want to get your rewards in NEXO Tokens or Bitcoin (BTC), or switch between the two before completing a transaction. All of your cashback will be instantly deposited into your Nexo Account, so all you have to do now is make purchases with your card.