The Winklevoss Twins Are Releasing The First Crypto Rewards Credit Card

Apr 30, 2021

Category: Living

There have traditionally been two ways to earn cryptocurrencies like bitcoin. You can mine for it, or you can invest actual money in it. But now an exciting third way is on the horizon thanks to Mastercard and the Winklevoss Twins’ Gemini, as the two companies have partnered on the world’s first crypto rewards credit card.

The Gemini Credit Card offers rewards on qualifying purchases in bitcoin or one of more than 30 other cryptocurrencies. Dining earns you 3% back, groceries 2%, and all other purchases offer a 1% return. That’s a pretty solid rewards tier and it’s on par with some of the leading cash/points/airline miles rewards cards on the market. But unlike typical rewards credit cards, the Gemini Credit Card has no annual fee, meaning you can get a slice of the bitcoin pie without investing a penny beyond what you normally spend in a day. And since the card is also a Mastercard, it’s accepted everywhere a normal Mastercard is while offering typical Mastercard security. There’s also additional security from Gemini, as the physical card has no numbers — your card number is instead found on the Gemini app behind two-level authentication. The Gemini Credit Card’s waitlist is now open, and the card will be rolled out in all 50 states this summer.

Learn More: Here

HiConsumption is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more

More From Living

lululemon’s LiftOS Hiking Backpack Offers Back Support and Water-Resistance

The brand’s innovative LiftOS tech helps evenly distribute weight in the 25L bag.

Posted By Yoni Yardeni

Partner

The 5 Best Travel Backpacks [VIDEO]

Hard working packs purpose built for globetrotting.

Posted By Gray Van Dyke

Partner
Featured Image

Samsung Adds an AI-Powered Washer & Dryer to Its Bespoke Line

The customizable appliances offer the brand's most advanced cleaning tech.

Posted By

Aug 9, 2022

Featured Image

The MoonLander Is a Truck Shell That Doubles as an Elevated Sleeper

The camper's unique design allows for a full-size mattress in a short-bed pickup.

Posted By

Aug 5, 2022

Featured Image

Model No.’s First-Ever Lighting Pieces Pair Mid-Century Charm with Sustainability

The collection features floor, table, and hanging lamps that are each 3D printed to order.

Posted By

Aug 4, 2022

Featured Image

TAXA Equips the Mantis 5.1 with a Shower That Can Reach Outside

The updated trailer finds new ways to increase versatility at the campsite.

Posted By

Aug 1, 2022