7 Best Credit Cards With Crypto Rewards in 2022

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Over the past decade, the cryptocurrency space has gained a lot of influence. Digital currencies have slowly evolved to become a common alternative payment method. They have even found their way into the world of credit cards, with several cards offering rewards in the form of various cryptocurrencies.

Cryptocurrency credit cards work like traditional rewards credit cards. The only difference is that you earn cryptocurrency rewards on your daily spend instead of cashback, points or miles. The reward rates and types of digital currencies available vary from card to card.

7 Credit Cards That Offer Crypto Rewards

Earning crypto rewards with credit card spending is a low-risk way to increase your retention. Here are some crypto credit cards that can give you rewards when you spend.

1. Gemini credit card

The Gemini credit card is an excellent choice for anyone looking to earn crypto rewards. With no annual fee, the card offers cash back on all purchases, at prices that vary depending on your spending habits. The rewards are available in real-time in bitcoin or one of the 60+ cryptocurrencies available on Gemini.

You can enjoy the following rewards:

• 3% back on up to $6,000 in dining, then 1%
• 2% back on groceries
• 1% back on all other purchases
• Rewards can be given in bitcoin or other supported cryptocurrency
• Rewards are credited to your account as soon as you swipe your card

The Gemini credit card is available in all 50 states and you can use it anywhere that accepts Mastercard. In addition, the cards are available in elegant metal designs of your choice: black, silver and rose gold. Just make sure you pay your bill on time – the penalty is a steep 31.49%.

2. BlockFi Rewards Card

BlockFi Rewards Card is another good choice for earning rewards. This credit card also comes with no annual fee or foreign transaction fees. It offers multiple rewards in the form of bitcoin, ethereum or one of more than 15 other supported cryptocurrencies:

• 1.5% back on every purchase
• 2% back after annual purchases reach $30,000
• 0.25% back on all eligible crpyto purchases and trades, limited to $500 in bitcoin per month

BlockFi’s Visa Signature Credit Card also comes with added benefits like up to 10% back from thousands of restaurants and retail brands, access to Visa’s luxury hotels, fine dining and wine, sporting events, a premium car rental service, shopping and more.

3. SoFi credit card

The SoFi Credit Card not only gives you rewards, but also allows you to redeem them for cryptocurrency directly into your SoFi Active Invest account. Whether you’re looking to save, invest or pay off debt, a SoFi credit card can be a good fit. Like most cryptocurrency credit cards, there are no annual fees or foreign transaction fees, but you will pay a fee for cryptocurrency transactions other than reward redemption.

The card earns two points per $1 spent, equivalent to 2% cash back on every purchase redeemed, to save, invest or pay off a loan with SoFi. You can also redeem rewards for a statement, but the rewards drop to 1%.

4. Upgrade Bitcoin Rewards Card

With the Upgrade Bitcoin Rewards card, you get an unlimited 1.5% back in bitcoin when you pay off your purchases on the card. Upgrade occasionally offers bonus rewards for cardholders, such as a $200 bonus for opening a Rewards Checking account and making three debit transactions.

When you sell your cryptocurrency, you will incur a 1.5% transaction fee and you can only receive the proceeds in the form of a credit report. The upgrade card has no annual fee and no foreign transaction fees. It also has additional benefits that come with Visa, similar to BlockFi.

5. Crypto.com Visa Card

The Crypto.com Visa card is actually a prepaid debit card, but it was one of the first cards to offer cryptocurrency rewards. Depending on your card level, you can get 100% back on popular subscriptions including Netflix, Spotify and Amazon Prime. For travel, upper tier cardholders receive a 10% discount on travel bookings with Airbnb and Expedia. The card also includes unlimited access to the airport lounge, exchange rates between banks and no foreign fees at certain card levels.

With the Crypto.com Visa card, you get up to 5% back on your spending, but the rewards vary according to the card you choose. Each one has its own level based on the amount of chronos currency you must have, or “stake”, in your Crypto.com digital wallet. Amounts range from $0 worth for 1% rewards and no other benefits, to $400,000 worth for 5% rewards and the full package of benefits.

To get started, you need to add cronos to your card. You do this by adding money to your account using your fiat currency wallet, cryptocurrency wallet or a credit or debit card. Funds are converted to cronos and rewards are paid in cronos and deposited into your cryptocurrency wallet in the Crypto.com app.

6. Brex credit card

Designed for business establishments, the Brex card is another credit card that earns cryptocurrency rewards with no annual fees. You can redeem unlimited points for bitcoin and ethereum at a rate of $7 worth per 1,000 Brex points, but you can also redeem points for cash, travel, gift cards or credit statements.

The Brex card offers points earning in a wide range of categories. If you choose Brex Exclusive, you’ll earn one point per dollar spent. In addition, if you make daily payments on the card, you can earn rewards at the following rates:

• 8 points per $1 spent on ride-sharing like Uber and Lyft as well as taxis
• 5 points per $1 spent on travel booked through Brex Travel
• 4 points per $1 spent at restaurants
• 3 points per $1 spent on Apple purchases and recurring software
• 1 point per $1 spent on everything else
• Special rewards for conference tickets for life sciences and laboratory equipment

7. Venmo credit card

The Venmo credit card lets you earn rewards on your daily spending: 3% back on your top spending category, 2% back on your next spending category, and 1% back on everything else. You can then use the money back to automatically purchase cryptocurrencies such as bitcoin, ethereum, litecoin and bitcoin cash. When you choose the automatic purchase feature, you will not incur a transaction fee.

You can also use your rewards for a credit statement or peer-to-peer payments. The card comes with a unique QR code that you can send to friends to make it quick and easy to get paid.

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If you are a cryptocurrency enthusiast, using a crypto credit card can passively earn rewards that you can redeem as a digital currency. Like any other financial product, there is not a credit card for all cryptocurrencies. Whichever card you choose, it’s important to read the terms and conditions carefully to ensure you get one that suits your spending needs. Also, make sure you understand the redemptions available before you commit to one.

Daria Uhlig contributed to the reporting for this article.

Prices, offers and requirements are subject to change.