Best Cryptocurrency Reward Credit Cards 

Cryptocurrency reward credit cards are cards that enable users to maximize their rewards and earn more digital assets. These innovative financial products allow you to earn cryptocurrency rewards on your everyday purchases, combining the convenience of a traditional credit card with the potential of the crypto market. 

In this post, we will explore some of the best cryptocurrency reward credit cards available, and help you make an informed decision on which card might be right for you.

1. BlockFi Rewards Visa Signature Credit Card

The BlockFi Rewards Visa Signature Credit Card is a popular choice among crypto enthusiasts. This card offers an impressive 1.5% cashback in Bitcoin on every purchase, with no annual fee and no foreign transaction fees. 

BlockFi also provides a signup bonus of $250 in Bitcoin when you spend $3,000 or more within the first three months. The card’s sleek metal design adds a touch of sophistication, making it a stylish addition to your wallet. 

Also, BlockFi’s user-friendly mobile app allows you to easily manage your card and track your Bitcoin rewards, ensuring a seamless experience for cardholders.

2. Gemini Credit Card

The Gemini Credit Card, offered by the well-known cryptocurrency exchange Gemini, is another excellent option for earning crypto rewards. This card provides up to 3% cashback on dining, 2% on groceries, and 1% on all other purchases, with rewards automatically deposited into your Gemini account in the form of Bitcoin or other supported cryptocurrencies. 

The Gemini Credit Card has no annual fee and offers a sleek, minimalist design. One unique feature of this card is the ability to choose which cryptocurrency you want to receive your rewards in, giving you more control over your crypto portfolio.

3. Upgrade Bitcoin Rewards Card

The Upgrade Bitcoin Rewards Card is an innovative product that combines the features of a credit card and a personal loan. This card offers 1.5% cash back in Bitcoin on all purchases, with no annual fee or foreign transaction fees. 

What sets the Upgrade card apart is its unique repayment structure, which combines your purchases and cash advances into a single, fixed-rate installment plan. This can help you manage your debt more effectively and avoid the high-interest rates often associated with traditional credit cards. 

The Upgrade Bitcoin Rewards Card also provides a user-friendly mobile app, making it easy to track your spending and Bitcoin rewards.

4. Crypto.com Visa Card

The Crypto.com Visa Card is a popular choice for those looking to earn rewards in the platform’s native token, CRO. This card offers a tiered rewards system, with higher cashback rates for those who stake more CRO tokens. Cashback ranges from 1% to 8%, depending on your card tier and staking level. 

The Crypto.com Visa Card also offers additional benefits, such as free Netflix and Spotify subscriptions, airport lounge access, and no foreign transaction fees. 

The card’s metallic design and vibrant colors make it a standout addition to your wallet. With the Crypto.com app, you can easily manage your card, track your rewards, and access a wide range of cryptocurrency services.

5. Coinbase Card

The Coinbase Card, offered by the popular cryptocurrency exchange Coinbase, allows you to spend your crypto holdings directly from your Coinbase account. This card offers up to 4% cashback in various cryptocurrencies, including Bitcoin, Ethereum, and Stellar Lumens, among others. 

The Coinbase Card has no annual fee and supports multiple cryptocurrencies, giving you the flexibility to choose your preferred reward. One unique aspect of this card is that it instantly converts your cryptocurrency to fiat currency when making purchases, ensuring seamless transactions. The Coinbase app provides a user-friendly interface for managing your card and tracking your crypto rewards.

6. SoFi Credit Card

The SoFi Credit Card, while not exclusively a cryptocurrency reward card, offers a unique opportunity to invest your cashback rewards into Bitcoin or Ethereum. 

This card provides 2% unlimited cashback on all purchases, which can be redeemed as Bitcoin or Ethereum through the SoFi Invest platform. The SoFi Credit Card has no annual fee and offers a welcome bonus of up to $100 when you make at least $1,000 in purchases within the first three months. 

SoFi’s mobile app allows you to easily manage your card, track your rewards, and access a range of financial services, including investing, banking, and student loan refinancing.

7. Brex Card for Startups

The Brex Card for Startups offers a unique rewards structure tailored to the needs of startup companies. This card provides 7x points on rideshare, 4x on travel, 3x on restaurants, 2x on software subscriptions, and 1x on all other purchases. Points can be redeemed for Bitcoin or Ethereum at a rate of 100 points per $1. 

The Brex Card has no annual fee and offers a generous signup bonus of 30,000 points when you spend $3,500 within the first three months. Brex also provides a range of startup-focused benefits, such as discounts on popular software tools and services. 

This card is an excellent option for startup founders and employees looking to earn cryptocurrency rewards while maximizing their business spending.

8. Fold Card

The Fold Card is a unique Bitcoin rewards debit card that allows you to earn Bitcoin on every purchase, with rewards ranging from 1% to 100% cashback in the form of Bitcoin spins. 

This card has no annual fee and offers a gamified rewards experience through the Fold app, where you can spin a rewards wheel to determine your cashback percentage for each purchase. Fold also provides a Bitcoin rewards program for gift card purchases, offering up to 20% cashback in Bitcoin. 

The Fold Card is a great option for those who want a fun and engaging way to earn Bitcoin on their everyday purchases.

9. Unifimoney Visa Credit Card

The Unifimoney Visa Credit Card offers a unique combination of cashback rewards and cryptocurrency investment opportunities. This card provides 2% cashback on all purchases, which can be automatically invested into a diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, and other top coins. 

Unifimoney also offers a range of additional features, such as no foreign transaction fees, travel insurance, and purchase protection. The Unifimoney app provides a user-friendly interface for managing your card, tracking your rewards, and monitoring your cryptocurrency investments. 

This card is an excellent choice for those who want to combine cashback rewards with long-term cryptocurrency investment.

10. Nexo Card

The Nexo Card is a unique crypto-backed credit card that allows you to spend your cryptocurrency holdings without actually selling them. This card offers up to 2% cashback on all purchases, with rewards paid out in the form of Nexo tokens. 

The Nexo Card has no annual fee and offers a range of additional benefits, such as free ATM withdrawals and no foreign transaction fees. Nexo also provides a crypto-backed lending platform, allowing you to borrow against your cryptocurrency holdings at competitive interest rates. 

The Nexo Card is a great option for those who want to spend their cryptocurrency while still maintaining exposure to potential price appreciation.

Choosing the Best Cryptocurrency Reward Credit Card for You

With several impressive options available, choosing the best cryptocurrency reward credit card depends on your individual needs and preferences. Here are some factors to consider when making your decision:

1. Rewards Structure

Look for a card that offers a rewards structure aligned with your spending habits. Some cards offer higher cashback rates on specific categories, such as dining or groceries, while others provide a flat cashback rate on all purchases. Consider which approach best suits your lifestyle.

2. Cryptocurrency Preferences

Different cards offer rewards in various cryptocurrencies. Some cards allow you to earn Bitcoin, while others provide rewards in alternative coins or platform-specific tokens. Think about which cryptocurrencies you are most interested in holding and choose a card that aligns with your preferences.

3. Staking Requirements

Some cards, like the Crypto.com Visa Card, offer higher rewards rates for users who stake a certain amount of the platform’s native token. If you’re willing to hold and stake tokens for higher rewards, these cards might be more appealing. However, if you prefer a simpler rewards structure without staking requirements, options like the BlockFi or Gemini cards may be more suitable.

4. Additional Benefits

Many cryptocurrency reward credit cards offer additional benefits beyond just cashback. Some provide free subscriptions to popular services, airport lounge access, or even cryptocurrency-specific perks like staking rewards or reduced trading fees. Consider which additional perks are most valuable to you when making your decision.

5. Fees

While most of the cards mentioned in this post have no annual fees, it’s essential to review other potential fees, such as foreign transaction fees or APR for balance transfers and cash advances. Choose a card with a fee structure that aligns with your financial habits and goals.

6. User Experience

Consider the user experience offered by each card issuer. Look for a provider with a user-friendly mobile app, easy rewards tracking, and smooth integration with your preferred cryptocurrency wallets or exchanges. A seamless user experience can make managing your card and rewards much more enjoyable.

Tips for Maximizing Your Cryptocurrency Rewards

1. Use your card for everyday purchases
2.  Pay off your balance in full each month
3. Take advantage of sign up bonuses
4. Combine with other cryptocurrency-earning opportunities
5. Stay informed about the cryptocurrency market
6. Practice good security habits.

Key Takeaways

1. Cryptocurrency reward credit cards offer a unique way to earn digital assets on everyday purchases, with a variety of options available to suit different needs and preferences.
2. Top providers like BlockFi, Gemini, Crypto.com, Coinbase, and SoFi offer cards with unique features, such as high rewards rates, flexible redemption options, and additional benefits.
3. When choosing a card, consider factors like rewards structure, cryptocurrency preferences, staking requirements, fees, and user experience to find the best fit for your needs.
4. To maximize rewards, use your card regularly, pay off your balance in full each month, take advantage of signup bonuses, and combine with other cryptocurrency earning opportunities.
5. Always prioritize security by using strong passwords, enabling two-factor authentication, storing rewards in secure wallets, and being cautious of phishing attempts.

FAQs

1. What types of purchases are eligible for cryptocurrency rewards?

Most cards offer rewards on all purchases, but some may provide higher rates for specific categories like dining, travel, or business expenses.

2. Are there any fees associated with these cards?

While many cards have no annual fees, some premium options may charge a fee in exchange for higher rewards rates or additional benefits. Always review the card’s terms and conditions for information on fees.

3. How can I redeem my cryptocurrency rewards?

Redemption options vary by card, with some allowing redemption for fiat currency, other cryptocurrencies, or requiring you to hold rewards in the platform’s native token.

4. Do I have to pay taxes on my cryptocurrency rewards?

Yes, cryptocurrency rewards are generally considered taxable income. Consult a tax professional for guidance on reporting and paying taxes on your rewards.

5. Will the value of my rewards change with market fluctuations?

The value of your cryptocurrency rewards may fluctuate based on market conditions, increasing or decreasing along with the price of the rewarded cryptocurrency.

6. Are there any restrictions on using these cards internationally?

Most cards can be used internationally, but some may charge foreign transaction fees. Check your card’s terms and conditions for specific information on international use.