Earning cryptocurrency through everyday spending has become a popular way to grow digital asset portfolios. Credit and debit cards that offer crypto rewards provide a seamless bridge between traditional finance and the dynamic world of digital currencies. These cards allow users to accumulate Bitcoin, Ethereum, and other cryptocurrencies with each purchase, combining convenience with investment potential.
When selecting a crypto rewards card, consider factors such as reward rates, eligible cryptocurrencies, fees, and additional perks. The ideal card should align with your spending habits, financial goals, and preferred digital assets. Below, we explore some of the leading options available.
Leading Crypto Rewards Cards
Brex Card
The Brex Card is designed for business owners seeking a modern financial tool. It offers a robust rewards program, though it no longer supports direct crypto redemption as of August 2024. Cardholders earn points on categories like travel, dining, and software subscriptions, which can be redeemed for cash, travel bookings, or unique business services.
| Feature | Details |
|---|---|
| Card Type | Business credit card |
| Rewards Program | Points on purchases (travel, dining, software) |
| Redemption Options | Travel, cash back, gift cards, business services |
| Annual Fee | $0 |
| Foreign Transaction Fee | $0 |
| Eligibility | Business owners only |
| Key Perk | No personal guarantee required |
Venmo Credit Card
The Venmo Credit Card simplifies crypto investing by automatically converting cash back into digital assets. Users earn 3% cash back on their top spending category, 2% on the second, and 1% on all other purchases. Rewards can be used to buy Bitcoin, Ethereum, Litecoin, or Bitcoin Cash without transaction fees.
| Feature | Details |
|---|---|
| Card Type | Personal credit card |
| Rewards Program | 3%/2%/1% cash back on spending categories |
| Crypto Rewards | Auto-conversion to Bitcoin, Ethereum, Litecoin, or Bitcoin Cash |
| Redemption Fee | None |
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% |
| Key Perk | Automatic monthly crypto purchases with rewards |
Gemini Credit Card
The Gemini Credit Card® offers instant crypto rewards on every purchase. Cardholders earn up to 3% back on dining, 2% on groceries, and 1% on other purchases. Rewards are deposited immediately in Bitcoin, Ethereum, or any of 50+ supported cryptocurrencies.
| Feature | Details |
|---|---|
| Card Type | Personal credit card |
| Rewards Program | 3% dining, 2% groceries, 1% other purchases |
| Crypto Rewards | Instant rewards in Bitcoin, Ethereum, or 50+ cryptos |
| Annual Fee | $0 |
| Foreign Transaction Fee | 0% |
| Key Perk | No staking required for maximum rewards |
Fold Visa Prepaid Card
The Fold Visa Prepaid Card focuses exclusively on Bitcoin rewards. Users earn 1.5% back in Bitcoin on all purchases, with Fold+ members receiving 2% back and a sign-up bonus. The card includes features like a spin-to-win bonus and insured custody accounts.
| Feature | Details |
|---|---|
| Card Type | Prepaid debit card |
| Rewards Program | Up to 1.5% back in Bitcoin |
| Crypto Rewards | Bitcoin only |
| Annual Fee | $0 (Standard), $10/month or $100/year for Fold+ |
| Foreign Transaction Fee | 0% |
| Key Perk | Spin wheel for bonus BTC rewards |
Coinbase Card
The Coinbase Card is a Visa debit card that allows users to spend cryptocurrency and U.S. dollars globally. It offers up to 4% back in crypto rewards, with options including Bitcoin, Ethereum, and Solana. The card integrates seamlessly with Coinbase accounts for easy management.
| Feature | Details |
|---|---|
| Card Type | Visa debit card |
| Rewards Program | Up to 4% back in crypto |
| Crypto Rewards | Multiple cryptocurrencies (BTC, ETH, SOL, etc.) |
| Annual Fee | $0 |
| Foreign Transaction Fee | 2.49% (on crypto conversions) |
| Key Perk | Direct crypto spending from Coinbase account |
Crypto.com Visa Card
The Crypto.com Visa Card offers tier-based rewards, with up to 5% back in CRO tokens. Higher tiers provide additional perks like Netflix and Spotify rebates and airport lounge access. Users must stake CRO tokens to qualify for enhanced benefits.
| Feature | Details |
|---|---|
| Card Type | Visa prepaid debit card |
| Rewards Program | Up to 5% back in CRO |
| Crypto Rewards | CRO only |
| Staking Requirement | Required for higher rewards |
| Annual Fee | $0 |
| Foreign Transaction Fee | 0% |
| Key Perk | Subscription rebates and lounge access (higher tiers) |
BlockFi Rewards Visa® Signature Card
Note: The BlockFi Rewards Visa Signature Credit Card was discontinued following BlockFi’s bankruptcy in November 2022. It previously offered 1.5% back in Bitcoin and other cryptocurrencies, with no annual fees.
SoFi Credit Card
The SoFi Credit Card provides 2% cash back on all purchases. Rewards can be redeemed for crypto, invested, or applied to loans. The card supports Bitcoin and Ethereum conversions and offers Mastercard World Elite benefits.
| Feature | Details |
|---|---|
| Card Type | Personal credit card |
| Rewards Program | 2% cash back on all purchases |
| Crypto Rewards | Redeem for Bitcoin or Ethereum |
| Annual Fee | $0 |
| Foreign Transaction Fee | 0% |
| Key Perk | Flexible redemption options (loans, investments, crypto) |
Nexo Card
The Nexo Card allows users to spend without selling their crypto holdings. It uses digital assets as collateral for purchases and offers rewards up to 2% back in NEXO tokens or Bitcoin. The card has no monthly repayments or foreign transaction fees.
| Feature | Details |
|---|---|
| Card Type | Mastercard debit card |
| Rewards Program | Up to 2% back in NEXO or 0.5% in BTC |
| Crypto Rewards | NEXO or Bitcoin |
| Spending Model | Crypto-backed collateral |
| Annual Fee | $0 |
| Foreign Transaction Fee | 0% |
| Key Perk | Spend without selling crypto |
Binance Visa Card
The Binance Visa Card offers up to 8% cashback in Binance Coin (BNB). It allows direct spending from Binance wallets and has no annual fees. Note: This card is no longer available in the European Economic Area as of December 2023.
| Feature | Details |
|---|---|
| Card Type | Visa debit card |
| Rewards Program | Up to 8% cashback in BNB |
| Crypto Rewards | BNB only |
| Annual Fee | $0 |
| Foreign Transaction Fee | 0% |
| Key Perk | Direct spending from Binance wallet |
How to Choose the Right Crypto Rewards Card
Selecting the best card depends on your financial habits and goals. Consider the following:
- Reward Structure: Opt for cards that align with your spending categories (e.g., dining, travel, groceries).
- Supported Cryptocurrencies: Ensure the card offers rewards in your preferred digital assets.
- Fees: Look for no annual fees and low foreign transaction costs.
- Additional Perks: Benefits like airport lounge access, subscription rebates, or bonus rewards can add significant value.
- Ease of Use: Integration with existing wallets or exchanges simplifies management.
👉 Compare top crypto reward cards
Frequently Asked Questions
What are crypto rewards credit cards?
Crypto rewards credit cards allow users to earn digital currencies like Bitcoin or Ethereum on everyday purchases. They function similarly to traditional cashback cards but distribute rewards in cryptocurrency instead of fiat currency.
How are crypto rewards taxed?
In most jurisdictions, crypto rewards are considered taxable income at the time of receipt. The value is based on the cryptocurrency’s market price when rewarded. Always consult a tax professional for guidance specific to your situation.
Can I use crypto rewards cards internationally?
Many cards support international use, but foreign transaction fees may apply. Some cards, like Crypto.com and Nexo, offer zero foreign transaction fees, making them ideal for global travelers.
Do I need a crypto wallet to use these cards?
Most cards require an associated wallet or exchange account to receive and manage rewards. For example, the Coinbase Card integrates directly with Coinbase wallets, while the Gemini Card uses Gemini accounts.
Are there cards that don’t require selling crypto to spend?
Yes, cards like the Nexo Card allow spending without selling digital assets. They use crypto holdings as collateral to provide fiat for purchases, maintaining your investment exposure.
What happens if the card issuer goes bankrupt?
As seen with BlockFi, bankruptcy can lead to card discontinuation. Choose issuers with strong financial stability and consider diversifying across multiple cards to mitigate risk.
Conclusion
Crypto rewards credit cards offer an innovative way to accumulate digital assets through routine spending. Whether you prefer Bitcoin, Ethereum, or other cryptocurrencies, there’s a card tailored to your needs. By evaluating reward rates, supported currencies, and additional benefits, you can maximize your earning potential while enjoying the convenience of seamless transactions.