If you are looking for a crypto credit card, you may be wondering which one to choose. We’ve outlined the features of the Gemini card, the Embily VISA, the Coinbase Visa card, and the BlockFi card. But what’s important is that you use the card for its intended purpose. While these cards all have their own merits, it’s important to choose the one that meets your needs best.
Gemini crypto credit card
The Gemini crypto credit card allows you to earn cashback on your everyday purchases. As you spend on your card, the company converts the value of your reward from USD to cryptocurrency and deposits it into your account. If your Bitcoin account is currently depleted, you can use your balance to earn cashback. The cashback is paid every time a transaction is approved. Gemini also offers you the option of switching between cryptocurrency to diversify your rewards.
In addition to using the Mastercard payment network, the Gemini credit card allows you to pay with your favorite cryptocurrency. The company claims that this card has world-class security. The Gemini credit card has two-factor authentication and encryption, as well as the option to freeze your card if it is lost, stolen, or misplaced. It is also possible to get a digital version of your card immediately after approval. If you are worried about identity theft, the Gemini credit card is one of the best options to protect your finances.
Embily VISA card
Embily is an app that lets you use your VISA card for payments at various locations. The app lets you manage up to 5 cards and send and receive crypto. You can also manage your spending limits, freeze your card and change your pin. It also works at ATMs and can be used anywhere Visa is accepted. If you’re interested in getting one, here’s a brief review. You’ll love using this card!
Embily’s mobile app makes it easy to pay with your cryptocurrencies. It’s compatible with most major payment systems and is available for download for iOS, Android, and Windows. It supports over 40 million merchants globally. It can also be used to make payments in more than forty million locations. Although the card is not available in the U.S. yet, it is available for download from iTunes, Google Play, and Apple App Store.
Coinbase Visa card
The Coinbase Visa card has two distinct benefits for cryptocurrency users. While the Card can be used anywhere a Visa debit card is accepted, it’s designed to offer extra rewards for cryptocurrency users. The Card can earn 4% back in Stellar Lumens (XLM) or 1% in Bitcoin. The Coinbase reward program also allows customers to choose their preferred cryptocurrency when spending. Applicants can apply for the Coinbase card on their website. The eligibility date will be revealed this winter.
The Coinbase Card is currently available in the European Union, the United States, Canada, the UK, Singapore, and the APAC region. It requires a photo ID, but is accepted everywhere else. The Card comes with a 5-Euro issuance fee, and a 2.49% transaction fee when converting crypto to fiat. In addition to accepting Bitcoin, the Coinbase Card is available in over 30 countries around the world. You can also use the Coinbase Visa Card in countries such as Japan and Australia.
BlockFi card
The BlockFi card is a cryptocurrency credit-card that requires customers to have a good to excellent credit score. The issuer recommends at least a six-hundred score. The credit card does not offer any sort of signup bonus and it reports to multiple credit bureaus. However, this card does offer some unique benefits. It lets customers use their bitcoins in exchange for traditional currency and offers a lower purchase APR than the average credit card.
The BlockFi card is currently one of the few credit-cards that offer cryptocurrency rewards based on the amount of money spent. The company is partnering with Visa to issue a bitcoin-back rewards credit card in December 2020. BlockFi card users earn 1.5% BTC for every dollar spent on purchases and can use the cards to withdraw their earnings in Bitcoin or other cryptocurrency. Currently, over 50,000 BlockFi card users have signed up for the card.
TenX crypto credit card
If you’re interested in acquiring a crypto credit card, you should be aware that there are several options available, including Ethereum, Binance, Token, and TenX. However, TenX crypto credit card is the only one that uses the COMIT network for cross-channel payments. In addition to its limited availability, the TenX card costs $15 to order and has an annual fee of $10. The card accepts Bitcoin, Ethereum, Litecoin, and other crypto-currency payments. It uses a token called TenX PAY, which represents about 51% of the total tokens.
Although the company is associated with Julian Hosp, it never managed to gain widespread acceptance. Its first crypto credit card failed to gain popularity due to its partner’s backtracking. As a result, TenX sought a new partner and rolled out its cards in Germany. However, it announced earlier this year that it would soon deactivate its crypto credit card. It cited the insolvency of Wirecard as the reason.
Nexo crypto credit card
Unlike conventional credit cards, the Nexo crypto credit card offers clients the opportunity to earn interest on their idle cryptocurrency daily. You can get up to 30% extra on your unused cryptocurrency by using Nexo. It is easy to use and has been adopted by more than 40 million businesses worldwide. Moreover, Nexo is based on blockchain technologies and protocols to maintain high-level security. It also offers very minimal tutorials and instructional material, which makes it an attractive option for those who want to learn how to use the card.
The Nexo card offers a large line of credit. To qualify for it, you need to verify your identity and deposit your crypto. Then, when you make purchases using your card, the currency will be converted automatically. The card is accepted at more than 40 million retailers worldwide and offers 2% cashback on all purchases. Besides, you can opt to purchase your NEXO token with your card and receive BTC or NEXO Token as your reward.