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Credit Cards With Crypto Rewards

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Among rewards credit cards, the most common incentives remain cash back, points and miles. But credit cards that earn crypto are beginning to crop up everywhere.

These products allow you to either earn cryptocurrency directly through your spending or convert rewards into cryptocurrency.

Whether you want to join the crypto bandwagon or just add to your growing stash, earning crypto rewards with credit card spending can be a low-risk way to do that. Here are credit cards with crypto rewards that are currently available or coming soon.

Credit cards that earn crypto

SoFi Credit Card

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Card details

Rewards: 2 SoFi Rewards points per $1 spent on all purchases.

Sign-up bonus: Earn up to $100 when you open and fund a SoFi Money and a SoFi Invest account after getting approved for the SoFi Credit Card (See Terms).

How to earn crypto with the card

The SoFi Credit Card earns 2 points per $1 spent. You can redeem those points at a value of 1 cent each when you deposit them into an eligible SoFi account, including a SoFi crypto account. (Direct statement credit is also an option, but points are worth only 0.5 cent each when redeemed that way.) Currently, Bitcoin and Ethereum are the only cryptocurrency redemption options. And as of this writing, crypto redemption isn’t available to residents of Hawaii, Nevada or West Virginia.

Nerdy tip: The SoFi Credit Card was, in effect, the first crypto-earning rewards card to make it to the market. It unveiled crypto as a redemption option in early May 2021.

Brex Card

Brex
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Card details

Rewards: The Brex Card baseline rate is 1 point per $1 spent. But if you make it your only company card, you’ll earn higher rates through its Exclusive rewards program:

  • 7 points per dollar spent on rideshares and taxis.

  • 4 points per dollar on travel booked through the Brex portal.

  • 3 points per dollar on restaurants and on Apple products.

  • 2 points per dollar on recurring software expenses.

  • 1 point per dollar on all other purchases.

Sign-up bonus: Get 30,000 points after spending $3,500, or 50,000 points after spending $9,000 in the first 30 days.

How to earn crypto with the card

The Brex Card, which is targeted toward startups, recently added a new redemption option: As of May 12, 2021, cardholders can redeem their Brex rewards for cryptocurrency; specifically, for Bitcoin and Ethereum. The company calls it the first crypto rewards program for businesses. The crypto rewards will be exchanged through Coinbase, a cryptocurrency exchange platform. Cardholders can also redeem points for statement credit, gift cards or travel.

BlockFi Bitcoin Rewards Credit Card

Card details

Rewards: 1.5% cash back on purchases, which is then converted into bitcoin and held in cardholders’ BlockFi account.

Sign-up bonus: $250 in bitcoin after spending $3,000 or more in the first three months of opening the card.

How to earn crypto with the card

Unlike the SoFi Credit Card and the Brex Card, the BlockFi Bitcoin Rewards credit card will earn crypto as the default rewards option. It’s not available yet, but you can join a waitlist. To get approved for the card, which is expected to debut in summer 2021, you’ll need good or excellent credit (FICO scores of 690 or higher).

Gemini Credit Card

Card details

  • 1% back on all other purchases.

How to earn crypto with the card

Like the BlockFi Bitcoin Rewards card, the Gemini Credit Card will earn crypto rewards automatically. The rewards are available in bitcoin as well as 30 other cryptocurrencies on Gemini, a cryptocurrency exchange. The card is expected to launch in summer 2021; applicants can add their name to a waitlist.

Unifimoney Visa Credit Card

Card details

The details on this forthcoming card are still fuzzy. The company hasn’t announced the rewards rate, sign-up bonus or annual fee. Here’s what we do know: It’s expected to launch in fall 2021 in partnership with U.K.-based Railsbank. Cardholders can earn rewards in bitcoin, gold or equity investments.

The card will be available to Unifimoney customers first; you can sign up on the website.

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