What Is the Gemini Credit Card?

TL;DR

• The is a Mastercard World Elite card that earns crypto rewards on purchases, deposited into your Gemini account.

• The Gemini Credit Card has no annual fee and no foreign transaction fees, and it is issued by WebBank.

• (with caps), and eligibility can depend on the merchant’s Merchant Category Code (MCC).

The Gemini Credit Card is a reward credit card that allows you to use U.S. dollars and earn rewards in bitcoin or other accepted crypto, with rewards automatically added to your . It’s a no-fee card issued by that offers crypto rewards on  eligible purchases.

Here’s how the rewards structure typically works, in plain terms:

• Eligible purchases may earn higher rewards in certain categories (like dining, groceries, and select transit/gas-type spending), and 1% back on everything else.

• Some categories have a monthly cap (the in monthly spend in that category; additional spend in the same category during that month then earns 1%).

• If a purchase doesn’t code correctly, you may not get the expected tier because rewards are based on the MCC, not the cardholder’s characterization of the purchase. 

Key Takeaways

• The Gemini Credit Card is a .

• The Gemini Credit Card has no annual fee and no foreign transaction fees, and crypto rewards are deposited to your Gemini account.

• Reward tiers can be affected by caps and merchant coding, so categories are not guaranteed on every purchase.

The Gemini Credit Card is subject to credit approval. Rates, fees, reward categories, caps, and eligible cryptocurrencies are subject to change in accordance with the Cardholder Agreement. Cryptocurrency rewards are subject to market volatility and may fluctuate in value after they are deposited.

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