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between bonus credit card, the most common incentives are still cashback, points, and miles. But in recent years, credit cards that allow you to earn cryptocurrencies have emerged. hard to find Because the entire cryptocurrency market is stumbling.
These products allow you to earn cryptocurrencies directly through your spending or convert your rewards into money. cryptocurrency.
Whether you want to join the cryptocurrency bandwagon or just want to add to your ever-growing wealth, earning cryptocurrency rewards with your credit card is a low-risk way to do so. Here are credit cards with cryptocurrency benefits currently available or coming soon.
best crypto credit cards
brex card
Card details
Reward: of brex card The base rate is 1 point per dollar spent. But if you make it your only corporate card, you can get a higher rate through that card. special benefits program:
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You get 7 points per dollar spent on rideshares and taxis.
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You'll earn 4 points per dollar spent on travel booked through the Brex portal.
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3 points per dollar spent at restaurants.
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Earn 3 points per dollar spent on Apple products purchased through the Brex Dashboard.
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2 points per $1 on recurring software costs.
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1 point per dollar on all other purchases.
Sign up bonus: Earn 10,000 points after you spend $3,000 on your Brex Card within the first 3 months.
How to earn cryptocurrencies with cards
of brex cardis aimed at startups and recently added new redemption options. As of May 12, 2021, cardholders You can redeem your Brexit benefits for cryptocurrencies; Specifically, Bitcoin and Ethereum. The company is calling it the first crypto rewards program for businesses. What you should pay attention to is the redemption rate. 100 points will earn you 70 cents worth of cryptocurrency, making each point worth 0.7 cents. Crypto rewards are exchanged through Coinbase, a cryptocurrency exchange platform. Cardholders can also redeem points for statement credits, gift cards, or travel.
๐คgeek tips
of SoFi Unlimited 2% Credit Card It effectively became the first crypto-earning rewards credit card to hit the market, announcing crypto as a redemption option in early May 2021. no longer allowed on carda SoFi representative confirmed to NerdWallet in January 2023.
venmo credit card
Card details
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3% cash back on your top spending categories (1 of 8 possible categories) for the month.
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Your second place spending category for the month (one of seven remaining possible categories) will receive 2% back.
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You'll earn 1% back on all other purchases, including purchases that don't fit into any of the spending categories listed below.
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How to earn cryptocurrencies with cards
cardholder of venmo credit card You can choose to automatically purchase cryptocurrencies using cashback rewards earned from your card using a feature called . Cashback to cryptocurrencies. You can choose from four cryptocurrencies to purchase: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Users will be able to choose to sell or hold their cryptocurrencies through the Venmo app.
If you choose to enable the auto-purchase feature for the Cryptocurrency cashback option, there will be no additional transaction fees. However, the cryptocurrency conversion spread will be incorporated into each monthly transaction. This means that Venmo charges a small spread (or margin) between the cryptocurrency market price and the current exchange rate. You can change the cryptos you purchase and turn off the auto-purchase feature at any time.
gemini credit card
Card details
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3% back on dining (up to $6,000 in annual spending, then 1% back).
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Earn 1% back on all other purchases.
How to earn cryptocurrencies with cards
Similar to the BlockFi Bitcoin Rewards card. gemini credit card Earn crypto rewards automatically. Rewards can be redeemed in Bitcoin as well as over 50 other cryptocurrencies on Gemini, a cryptocurrency exchange. The card was announced in early 2021, but at the time there was a waiting list. Applications are now open in all 50 states.