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  These Companies Give Crypto Credit Cards

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There is one more new factor that is using up crypto. I found three different credit cards that earn crypto rewards. Notice that these are all sponsored by crypto exchanges and not by the big banks.


BlockFi Credit card gives you 3.5% crypto rewards on everything you purchase in the first three months, then 1.5% per transaction, and 2% if you spend $50,000 in a year.


Gemini gives you 3% on dining, 2% on groceries, and 1% on other purchases.


Venmo gives you 3% back on your top spending category, 2% on the next best category, and 1% on everything else. And, you can convert this money automatically into either BTC, BCH, LTC, or ETH.


Why would you want cash rewards when you can get BTC (or other crypto rewards)? And what is the impact of this if it becomes more widespread? The average person earns about $550 in credit card rewards each year. What if most people switch to cards giving crypto rewards? – Van Tharp


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  • 7 months later...

Crypto credit cards are a new genre of credit cards that allow cardholders to earn rewards in bitcoin, ether, and other cryptocurrencies rather than traditional points, miles, or cash back. While some of the rewards rates and other perks may seem attractive at first glance, it's important to keep in mind the additional risk and volatility that comes with crypto over earning US dollars or an issuer-branded currency. The crypto market is unproven and turbulent. Therefore, I recommend visiting https://www.greedyrates.ca/blog/best-credit-cards-canada-2017/ and reading more about it before making any decisions.

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