Earn crypto rewards with qualified purchases

Digital assets have been growing in recent years, and many large financial companies are cryptocurrencies. Some companies even allow you to choose. For GEMINICreditCard®, you can earn crypto rewards with qualified purchases.

If you have a crypto card right for you or approved on a fence, you can pre-qualify for a Gemini credit card without affecting your credit score. Gemini will conduct a basic review of your credit history as part of the prequalification process. Please note that eligibility does not guarantee that you will be approved for this card, but it can provide some insight.

Read more:

With most reward credit cards, the rewards you receive in a given month can only be displayed in your account at the end of your account. Gemini credit cards work differently. Instead of getting a reward at the end of the charge cycle, you get a reward immediately after the purchase (note that some purchases may have to be cleared before you get the reward). This flexibility is extremely valuable and can help you quickly benefit from growth in the crypto market.

Read more:

Gemini supports over 50 cryptocurrencies, and you can choose which crypto rewards you want to earn with your cards. For example, you might decide to earn Bitcoin rewards by default, but if you notice that the market likes Ether, you can quickly switch rewards by logging into your card account.

There is no limit on how often you can switch rewards. That said, the choice of earning rewards in over 50 cryptocurrencies is useful, but there is no other option to redeem rewards with a Gemini crypto credit card.

Some of the available encryption reward options include:

If you prefer metal cards and cryptocurrencies, a Gemini credit card may be ideal. It has the stylish design you expect from a metal credit card, and you can choose from three different color options: rose gold, silver or black. The option to customize the colors provides some fun and added flexibility.

The card also offers a rather unique feature that ensures your card number is safer. With most credit cards, the card number is printed directly on the front or back of the card itself. Gemini Crypto credit cards do not have a printed card number at all. Instead, you can access your card number by logging in to your account through the web or Gemini app. The lack of numbers on your card may provide more protection.

Read more:

Some credit cards offer you 0% APR during new purchases, balance transfers, or both. Unfortunately, Gemini credit cards are not one of these cards. The card's regular APR (17.24%-29.24%) applies immediately and your APR will depend on your credibility.

Read more:

As mentioned earlier, there is no annual fee or foreign transaction fee for Gemini credit cards. You also won't pay any exchange fees for Gemini when you get crypto rewards. That is, you will pay some fees on the card as a fee:

If you want to expand your reward abilities, you can add up to five trusted friends, family members, or other individuals to your Gemini credit card account. Users can use Gemini cards, you can create preset spending limits and add or delete users at any time by logging in to your account.

Read more:

With this card, you will receive benefits from World Mastercard, such as exclusive deals with popular merchants like Lyft, Instacart, Peacock and Resortpass. In addition to dealing, you will also receive benefits such as theft and zero liability protection, the benefits of emergency assistance with Mastercard Global Services, special holiday offers with Mastercard travel and lifestyle services, and more.

There aren't many credit cards that offer crypto rewards for eligible purchases. However, you can use it to earn cash and then use it for crypto purchases.

Why we like it: Chase Freedom Unlimited is one of our favorite cash reserve cards as it offers higher bonus rates across all eligible purchases and higher prices in specific expenditure categories such as dining. This makes it easy to always win rewards on the purchases you have made.

How to redeem crypto purchase rewards: There is no minimum amount to be redeemed for cashback and you can receive deposits directly from most checking and savings accounts in the United States. This essentially is that you can use any pass-through cash you want, including buying cryptocurrencies.

Why we like it: Capital One Beavor is one of the most meaningful cards that earn cash on everyday purchases. If you want to buy high bonus rates for purchases like catering and groceries, consider this card.

How to redeem crypto purchase rewards: You can redeemed the check rewards, which you can deposit into your bank account and use for any qualified purchase, including purchase of cryptocurrencies.

Why we like it: Citi Custom Cash Card allows you to customize how to earn cash, which is quite unique in reward credit cards. Maximizing revenue potential is simplified because you automatically get a 5% higher cash discount rate (up to $500) on the highest qualified expenditure category in each billing cycle.

How to redeem crypto purchase rewards: Thank you points can be redeemed for bank deposits or checks, giving you two ways to get the cash you need for cryptocurrencies.

This article is from Ben Walker (CEPF, CFEI®)

Editor's Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong only to Yahoo Finance and not to any other entity. As of the release date, the details of the financial product, including card rates and fees, are accurate. All products or services are not entitled to be provided. Check out the bank's website for the latest information. This site does not include all currently available offers. Credit score alone does not guarantee or imply the approval of any financial product.