What's a Cryptocurrency Credit Card?
Unlike standard debit cards that are directly linked to bank accounts, a crypto debit card opens up the possibility of using the value of your cryptocurrencies, including Bitcoin, for purchases.
It is great that crypto credit cards are now available for those who want to take out a loan using their crypto assets as collateral. This gives them the opportunity to use these resources wherever Visa or Mastercard are accepted.
Let's dive into the world of crypto credit cards and find out if this new tool that combines classic finance and cutting-edge digital currency is suitable for your financial needs.
Best Crypto Credit Cards 2025
Robinhood Cash Card:
The Robinhood Cash Card offers unique features like round-ups and automatic investing. While it’s not a standard cashback card, it does offer the opportunity to earn an additional bonus equal to the amount of round-ups. However, its benefits are limited to a certain bonus limit.
Pros:
- Roundup and auto-invest features for potential bonus.
Cons:
- Not a traditional cashback card.
- Limited earning potential with capped bonus.
Crypto.com Midnight Blue:
Crypto.com’s Midnight Blue Visa card is a great choice for newbies, offering 1% cash back on all purchases, with bonuses paid out instantly in their native CRO cryptocurrency. While it’s not the best fee-wise, it’s still worth a look, especially for those in areas where other cards offer lower bonuses.
Pros:
- Entry-level card with 1% cashback.
- Instant rewards in CRO.
Cons:
- Not the highest cashback rate available.
- Limited rewards compared to higher-tier cards.
Nexo Card:
The Nexo Card is also a great card that offers the opportunity to earn 2% back in Bitcoin or NEXO tokens. However, the information available about it is limited, making it difficult to fully assess its benefits and appeal to users.
Pros:
- Up to 2% cashback in Bitcoin or NEXO coin.
Cons:
- Limited details available.
- Waiting list status.
SoFi World Elite Mastercard:
The SoFi World Elite Mastercard is a great choice for those who love unlimited cash back, offering unlimited 2% cash back on any spend. Plus, cardholders get additional benefits, including cell phone insurance and the chance to try out DoorDash. While the card’s rewards are competitive, its special features are especially valuable for those who already use SoFi products.
Pros:
- Unlimited 2% cashback on all purchases.
- Extra benefits for SoFi users.
Cons:
- ·Requires association with SoFi platform.
Crypto.com Ruby Steel:
The Ruby Steel card from Crypto.com offers a decent 2% cashback on all purchases, and includes benefits like free Spotify and the ability to earn additional benefits in the future. The card requires you to freeze $400 in CRO, making it a great starting option for those who are comfortable with the art of investing in crypto assets.
Pros:
- 2% cashback on all purchases.
- Free Spotify and potential future rewards.
Cons:
- $400 staking commitment required.
Gemini Credit Card:
The Gemini Credit Card gives you the opportunity to earn up to 3% cashback in certain segments and rewards you with cryptocurrencies. Despite the limited list of categories, you can choose between rewards in Bitcoin, Ethereum, or other cryptocurrencies.
Pros:
- Up to 3% cashback in various categories.
- Rewards in cryptocurrencies.
Cons:
- Limited categories for higher cashback.
Venmo Credit Card:
Venmo offers a 3-2-1 rewards system that gives 3% cash back on your most used category of goods and services, 2% on the next most used category, and 1% on all other purchases. Earned bonuses can be used to add cash or invest in a variety of cryptocurrencies.
Pros:
- Tiered rewards structure up to 3% cashback.
- Option to redeem rewards in crypto.
Cons:
- Limited earning potential compared to other cards.
Crypto.com Jade Green and Royal Indigo:
Crypto.com’s Jade Green and Royal Indigo cards offer a lucrative 3% cash back on all your purchases, as well as access to exclusive perks including free Spotify, Netflix, and airport VIP access via LoungeKey. You’ll need to freeze $40,000 in funds to take advantage of these benefits, but it earns an annual return of 12%.
Pros:
- High 3% cashback rate on all purchases.
- Premium perks including free Spotify, Netflix, and LoungeKey.
Cons:
- $40,000 staking commitment required.
Crypto.com Obsidian Black Card:
The Obsidian Black card from Crypto.com is a great choice for experienced investors, offering a lucrative 5% cashback on all purchases and a number of other nice bonuses. However, to get this card, you must meet certain staking requirements, which include a $400,000 investment, which promises 12% annual staking.
Pros:
- Impressive 5% cashback on all purchases.
- Premium perks and high-interest stake.
Cons:
- Huge $400,000 staking commitment required.
8 reasons to get a crypto credit card
Are you passionate about the world of cryptocurrencies and looking for new ways to use them? In this case, it is worth considering the option of getting a crypto credit card. Such cards combine the best features of classic banking services and the benefits of digital investments, opening up wide horizons for experts in this field. In this review, we will discuss ten compelling arguments why getting a crypto credit card can be your key decision. From preferential cashback programs to favorable interest rates and the possibility of increasing the value of assets.
Let's dive into the exciting world of crypto credit cards and their unique benefits:
- Cash Back Rewards: When you make purchases using your crypto credit card, you can earn cash back in the form of cryptocurrency, such as Crow. Depending on the card tier, you could receive a percentage of your spending back in crypto. This provides an opportunity to accumulate more cryptocurrency while making everyday purchases.
- Reimbursement for Subscriptions: Some crypto credit cards offer reimbursement for popular subscription services like Spotify, Netflix, and Amazon Prime. This means you can enjoy these services while getting a portion of the subscription fee back in cryptocurrency, adding to your crypto holdings.
- Free ATM Withdrawals: Crypto credit cards often provide free ATM withdrawals up to a certain limit. This can be convenient for accessing funds while traveling or managing your finances.
- Staking Rewards: By staking the native cryptocurrency of the platform, you can earn additional rewards in the form of interest. The higher the card tier and the more you stake, the better the rewards. This can be a way to earn passive income on your crypto holdings.
- Increased Interest Rates: Cryptocurrency credit cards can offer elevated interest rates for staked cryptocurrencies, allowing you to earn interest on your holdings. The potential to earn more from your crypto assets can be appealing to investors.
- Potential Value Appreciation: Some users find these cards appealing due to the potential for the cryptocurrency associated with them to increase in value. This could lead to additional gains beyond the rewards and benefits offered by the card itself.
- Convenience and Usability: Crypto credit cards function like traditional debit or credit cards, making them easy to use for everyday transactions. They can be used at any location that accepts Visa or Mastercard, allowing you to seamlessly integrate cryptocurrency into your daily life.
- Passive Investment: Owning and using a cryptocurrency credit card can be seen as a form of passive investment. As the value of the associated cryptocurrency appreciates, the rewards and benefits you receive from the card could also increase in value.
Remember that while crypto credit cards have some attractive attributes, there are certain aspects to consider, including fees, terms and conditions, and possible market fluctuations. Carefully assessing how the card fits your financial goals and risk tolerance is essential to making an informed decision about purchasing one. As the cryptocurrency space grows, these cards can become a great tool for financial transactions and an attractive option for cryptocurrency investment.
What to Consider When Choosing a Crypto Credit Card
Looking to buy a payment card? Here are nine key points to consider when choosing:
- User-Friendly Experience The whole point of crypto credit cards is to seamlessly merge the crypto world with traditional finances. Look for a card that simplifies the process of using Bitcoin and other cryptos for everyday transactions. While some cards offer intricate rewards and benefits, many users prefer the basics: converting crypto to spendable funds on a prepaid Visa card.
- Security Matters Security is paramount in the crypto space. Unlike traditional payment methods, crypto transactions are mostly irreversible, which makes the safety of your assets crucial. Opt for a card that provides secure storage for your cryptocurrencies, ensuring your peace of mind.
- Reliability Is Key Imagine being unable to use your funds for essential tasks like buying groceries or paying rent. When choosing a crypto debit card, trustworthiness is vital. Stick with established and reputable brands to avoid any unwanted surprises.
- Mind the Fees While fees shouldn't be the sole factor in your decision, minimizing costs is always a plus. Crypto debit card fees vary widely, including processing fees and ATM withdrawal charges. Review the terms and conditions to get a clear picture of the costs associated with each card.
- Features That Matter While many crypto debit cards are focused on the basics, each may offer unique features. Think about what matters to you—whether it's advanced security features or convenient international use. Consider cards that align with your specific needs.
- Handy Mobile App A user-friendly app is a must-have for managing your crypto credit card on the go. It allows you to track transactions, balances, and more. Some apps even let you instantly freeze your card in case of loss or theft.
- Incentives and Rewards Though rewards are currently limited, some crypto debit cards offer cashback incentives. Keep in mind that these rewards often require holding a certain amount of a proprietary token. Consider rewards alongside other factors when making your decision.
- Availability Challenges Crypto regulations and partner policies are ever-evolving, leading to availability challenges for crypto credit cards. Ensure that the card you're considering is accessible in your country and complies with local regulations.
Conclusion
Each crypto card comes with a unique set of bonuses, rewards, and terms of use. Determining the best card for you depends on your approach to investing, your spending style, and your comfort level with trading or investing in specific cryptocurrencies. Remember, before committing to a card, you should carefully review its features and determine how the bonuses match your financial ambitions.
