GEMINI CREDIT CARD PLUS

The biggest downside of the Gemini Credit Card is its lack of a welcome offer or added benefits. dollars, hold it long-term, or trade if you prefer. Once your crypto rewards are deposited to your Gemini exchange account, you can sell your crypto back into U.S. There are no exchange fees to acquire your rewards, and you have total control over your rewards balance. Plus, you’ll get some increased flexibility over other crypto credit card options. This crypto credit card lets you earn rewards in bonus categories automatically as you spend, and you can choose to receive your rewards in Bitcoin, Ethereum or more than 50 other cryptocurrencies this exchange offers.

If you’re a crypto enthusiast looking for an alternative to traditional cash back or travel points, the Gemini Credit Card’s crypto rewards could be a benefit. You can also choose your design, between black, silver or rose gold stainless steel. It is a World Mastercard, which comes with benefits like Mastercard ID Theft Protection and benefits from DoorDash, HelloFresh, Lyft and ShopRunner. Other Benefitsīeyond crypto rewards, this card doesn’t come with a ton of perks. Jf you plan to trade or sell your crypto rewards, make sure you understand any fees you may incur through your Gemini Exchange account. It has a variable APR between 15.24% and 26.24%. Fees that can apply include a 3% cash advance fee (minimum $10), a late payment fee up to $20 and a returned payment fee up to $35 (as well as a possible penalty APR up to 32.24% for late or returned payments. The Gemini Credit Card does not charge an annual fee or any foreign transaction fees. However, Gemini does have many features and tools that can be complicated for true beginner investors.

GEMINI CREDIT CARD PLUS

Plus it has wallet options if you prefer to keep your crypto off the exchange. As far as crypto exchanges go, we do like Gemini for its security measures and educational hub. When you accrue rewards, they’ll be deposited into your Gemini Exchange account. This can be useful for crypto rewards specifically because of how quickly crypto values can change. A benefit of Gemini’s reward structure is that you’ll automatically accrue your rewards as you make purchases, rather than waiting for your statement to post each month. You’ll earn your rewards in cryptocurrency, and you can change your preferred type of crypto at any time through your account.

3% back on up to $6,000 in restaurant spending per year (then 1% back).

With the Gemini Credit Card, you’ll earn: The Gemini Credit Card does not have an introductory APR or welcome offer of any kind, which can be a drawback if you’re looking to maximize first-year rewards value. Instead of earning cash back or points and miles, you’ll receive rewards on your spending in the form of cryptocurrency. The Gemini Credit Card is one of several new crypto credit cards to hit the market recently. Just remember, crypto rewards can be much more volatile than cash back or points redemptions, and you should consider whether you want to take the risk before you apply. You can redeem your rewards in Bitcoin, Ethereum or 60+ other types of cryptocurrency available on Gemini, and rewards accrue automatically. The Bottom Line The Gemini Credit Card allows crypto enthusiasts to earn up to 3% back on dining (up to $6,000 in annual spend, then 1%) with no annual fee.

Gemini credit card