Crypto credit cards have become increasingly popular in recent years as the world of cryptocurrency and traditional finance continue to merge. These cards allow users to spend their cryptocurrency just like they would with a traditional credit card, opening up a world of possibilities for those who hold digital assets.
If you’re interested in getting a crypto credit card, here are some of the best options available.
- BlockFi
BlockFi is a well-known name in the crypto industry, offering a range of services including loans, savings accounts, and, of course, credit cards. The BlockFi credit card allows users to earn rewards in the form of Bitcoin for every purchase they make. The rewards rate is 1.5% for every purchase, with the ability to earn up to 3.5% in certain categories.
One of the unique features of the BlockFi credit card is that it comes with no annual fee, making it a great option for those who want to start using their crypto without worrying about additional costs.
- Crypto.com
Crypto.com is another popular platform that offers a range of crypto-related services. Their credit card, known as the Crypto.com Visa Card, allows users to earn rewards in the form of their native cryptocurrency, CRO. The rewards rate varies depending on the tier of the card, with the highest tier offering up to 8% cashback on purchases.
In addition to earning rewards, the Crypto.com Visa Card also comes with a range of benefits including free Netflix, Spotify, and Amazon Prime memberships, as well as airport lounge access.
- Nexo
Nexo is a platform that offers crypto-backed loans and savings accounts, as well as a credit card. The Nexo credit card offers cashback rewards of up to 2% on all purchases, which are paid out in the form of their native cryptocurrency, NEXO.
One of the standout features of the Nexo credit card is that it offers instant cashback, which means users don’t have to wait for their rewards to be credited to their account. In addition, the card comes with no annual fees and no foreign transaction fees, making it a great option for frequent travelers.
- Gemini
Gemini is a popular cryptocurrency exchange that also offers a credit card. The Gemini credit card allows users to earn rewards in the form of their native cryptocurrency, Gemini Dollars (GUSD). The rewards rate is 3% on dining purchases, 2% on groceries, and 1% on all other purchases.
One of the benefits of the Gemini credit card is that it comes with fraud protection, making it a safe option for those who want to start using their cryptocurrency for everyday purchases.
- BlockFi
BlockFi is a well-known name in the crypto industry, offering a range of services including loans, savings accounts, and, of course, credit cards. The BlockFi credit card allows users to earn rewards in the form of Bitcoin for every purchase they make. The rewards rate is 1.5% for every purchase, with the ability to earn up to 3.5% in certain categories.
One of the unique features of the BlockFi credit card is that it comes with no annual fee, making it a great option for those who want to start using their crypto without worrying about additional costs.
- Coinbase
Coinbase is one of the most well-known cryptocurrency exchanges, and they also offer a credit card. The Coinbase credit card allows users to earn rewards in the form of their native cryptocurrency, Coinbase Rewards. The rewards rate is 4% on dining purchases, 3% on travel, 2% on online purchases, and 1% on all other purchases.
The Coinbase credit card also comes with a range of benefits, including no annual fee, no foreign transaction fees, and access to exclusive offers and events.
Crypto credit cards are a great way to start using your cryptocurrency for everyday purchases. With a range of options available, it’s important to consider factors such as rewards rates, fees, and benefits when choosing a card. The five options listed above are some of the best crypto credit cards available, offering a range of rewards and benefits for those who want to start using their digital assets in a more practical way.