Gemini, a cryptocurrency platform that allows users to buy, sell, earn, and store cryptocurrencies, announced today that the Gemini Credit Card is now accessible in all 50 U.S. states. Cardholders may earn up to 3% crypto back on dining, 2% crypto back on groceries, and 1% crypto back on all other transactions, with earnings paid instantly into their Gemini account. WebBank offers the Gemini Credit Card, which uses Mastercard as its exclusive card network.
The Gemini Credit Card has received over 500,000 sign-ups since launching the waitlist. Cardmembers will be able to use the Gemini Credit Card anywhere Mastercard is accepted, and they will be able to pick from the 60+ cryptocurrencies now available for rewards on Gemini’s trading platform, including bitcoin, ether, dogecoin, and other tokens.
When a cardholder makes a transaction, Gemini automatically converts the reward’s USD value into the chosen cryptocurrency and deposits it into the cardholder’s Gemini account. For most merchant categories, this process begins as soon as the transaction is approved. Cardholders may modify their preferred crypto reward as frequently as they want, allowing them to earn a wide range of coins throughout the month.
The Gemini Credit Card also has the following features:
| No annual fees | There are no annual fees or international transaction fees with the Gemini Credit Card. There are no exchange fees for receiving cryptocurrency rewards. |
| Instant access | Customers can instantly get a digital version of their Gemini Credit Card after approval through the Gemini mobile or online application. Customers may also link the card to their mobile wallet and begin making transactions online, in-app, and at the point of sale. |
| Security-first design | Sensitive information, such as the 16-digit card number, is removed from the actual card and is only available to cardholders via the Gemini mobile or online application. |
| Stainless steel | The Gemini Credit Card’s sleek, stainless steel card is created from 75% recyclable material and comes in three colour options: silver, rose gold, and black. |
| World Mastercard Benefits | Customers will be able to take advantage of unique deals from select merchants such as DoorDash, HelloFresh, Lyft, and ShopRunner, as well as Mastercard’s Priceless Experiences. Mastercard ID Theft Protection, Zero Liability, and Price Protection will all be available on the Gemini Credit Card. |
