XRP News Today: Gemini's Fee-Free Crypto Card Lets You Earn 4% in 50+ Cryptos

The Gemini Crypto Credit Card, issued by WebBank and available to U.S. residents, now offers up to 4% in crypto rewards on eligible purchases, marking a significant shift in the rewards credit card landscape. The card, which operates as a Mastercard World Elite, provides users the ability to earn rewards in over 50 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP, with rewards deposited directly into their Gemini accounts. This feature distinguishes it from traditional cashback cards, which typically offer fixed USD returns.

The reward structure is tiered, with 4% back on gas, EV charging, and transportation (transit, taxi, rideshare) up to $300 in monthly spending, followed by a 1% rate for subsequent purchases in those categories. Dining and groceries earn 3% and 2%, respectively, while all other purchases yield 1%. Rewards are credited instantly in most cases, though transactions at online merchants may take up to 72 hours due to pre-authorization processes. Notably, the card has no annual fee, foreign transaction fees, or exchange fees for acquiring crypto rewards, making it accessible to a broad range of users.

New cardholders are incentivized with a $200 crypto bonus after spending $3,000 within the first 90 days of account opening. This welcome offer, combined with the flexibility to choose reward currencies, positions the card as a competitive option for crypto enthusiasts. Integration with Gemini's trading platform allows users to manage, trade, or hold their rewards seamlessly, while the Mastercard World Elite benefits include Priority Pass access to 1,700 global airport lounges, travel discounts, and 24/7 concierge services.

The card's security features further enhance its appeal. It includes native theft protection and Mastercard Zero Liability protection against unauthorized transactions. Gemini, a leading crypto exchange since 2014, emphasizes its track record of no security breaches or user fund losses, adding credibility to its offerings.

Comparisons with other crypto cards highlight Gemini's advantages. Unlike the Nexo Credit Card or Crypto.com Visa Card, which require annual fees or token holdings to unlock rewards, Gemini's card is fee-free and does not tie users to a specific cryptocurrency. Additionally, the absence of caps on reward currencies-unlike some competitor cards that limit rewards to their native tokens-offers greater flexibility for users to diversify their crypto portfolios.

However, the card's volatility-linked rewards present a trade-off. While traditional cashback cards offer predictable returns, the Gemini Credit Card's rewards fluctuate with the value of the chosen cryptocurrency. For example, users who receive rewards in BTC and hold them for at least one year have historically seen an average 277% appreciation in value. Conversely, a drop in crypto prices could reduce the effective reward rate. This dynamic makes the card more suitable for crypto-savvy users comfortable with market fluctuations.

The 4% reward cap on gas, EV charging, and transit purchases also limits potential gains for high spenders in these categories. For instance, a user spending $500 monthly on transportation would earn $14 in rewards-$12 at 4% on the first $300 and $2 at 1% on the remaining $200. Despite these constraints, the card remains a compelling option for those seeking to integrate crypto into their daily spending.

Industry analysts note that the Gemini Credit Card bridges traditional finance and crypto adoption by enabling users to earn and manage digital assets through a familiar payment method. As financial institutions increasingly explore crypto integration, the card represents a strategic move to democratize access to crypto rewards.

[1] Gemini Credit Card (https://www.gemini.com/credit-card/app)

[2] Earn Up to 4% Back in Crypto with the Gemini Crypto Credit Card (https://cryptonews.com/press-releases/earn-up-to-4-back-in-crypto-with-the-gemini-crypto-credit-card-for-us-users/)

[3] Gemini Crypto Credit Card for US Users (https://www.coinspeaker.com/gemini-crypto-credit-card-us-users-earn-crypto-no-annual-fee/)

[4] Gemini Credit Card Review 2025 – Forbes Advisor (https://www.forbes.com/advisor/credit-cards/reviews/gemini-credit-card/)

[5] Gemini XRP Credit Card Review (https://coincodex.com/article/72260/gemini-xrp-credit-card-review/)

[6] Gemini XRP Credit Card: A Game-Changer for Crypto Rewards (https://capwolf.com/gemini-xrp-credit-card-a-game-changer-for-crypto-rewards/)