Crypto cashback cards are becoming increasingly popular among UK consumers who want to earn rewards while spending their cryptocurrency. These cards work just like traditional cashback cards, but they offer rewards in the form of cryptocurrency instead of cash or points. Crypto.com, one of the leading cryptocurrency platforms, offers a cashback card that lets you earn up to 8% back on every purchase you make. In this article, we’ll explore how the Crypto.com cashback card works and how you can start earning rewards today.
What is the Crypto.com Cashback Card?
The Crypto.com cashback card is a Visa debit card that lets you earn rewards in the form of cryptocurrency. You can use this card to make purchases at any merchant that accepts Visa, and you’ll earn cashback on every transaction. The card is available in four tiers: Blue, Ruby Steel, Jade Green, and Royal Indigo. Each tier offers different rewards and benefits, so you can choose the one that best fits your needs.
How Does the Crypto.com Cashback Card Work?
To start earning rewards with the Crypto.com cashback card, you’ll need to sign up for a Crypto.com account and apply for the card. Once you’re approved, you’ll receive your card in the mail. You can then activate your card and start using it to make purchases. Every time you use your card, you’ll earn cashback in the form of Crypto.com’s native cryptocurrency, CRO. The amount of cashback you earn depends on the tier of your card.
Cashback Tiers
The Blue tier offers 1% cashback on all purchases, while the Ruby Steel tier offers 2% cashback. The Jade Green tier offers 3% cashback, and the Royal Indigo tier offers 8% cashback. In addition to cashback, each tier offers different benefits, such as free Spotify and Netflix subscriptions, airport lounge access, and more.
How to Withdraw Your Cashback
Once you’ve earned cashback with your Crypto.com cashback card, you can withdraw it to your Crypto.com wallet or exchange account. From there, you can convert it to other cryptocurrencies or withdraw it to your bank account. You can also use your cashback to pay for your Crypto.com card fees or to buy other products and services on the Crypto.com platform.
Is the Crypto.com Cashback Card Safe?
Crypto.com takes security very seriously and uses industry-standard security measures to protect your account and transactions. The company is also regulated by the Financial Conduct Authority (FCA) in the UK, which means it must comply with strict rules and regulations to ensure the safety of its customers’ funds and data.
The Bottom Line
The Crypto.com cashback card is a great way to earn rewards while spending your cryptocurrency. With up to 8% cashback on every purchase, you can earn a significant amount of cryptocurrency over time. Plus, with the added benefits of each tier, you can enjoy even more perks and rewards. If you’re looking for a safe and easy way to earn cashback with your cryptocurrency, the Crypto.com cashback card is definitely worth considering.
FAQs
1. Can I use the Crypto.com cashback card outside the UK?
Yes, you can use the Crypto.com cashback card anywhere in the world that accepts Visa. However, you may be charged foreign transaction fees for purchases made outside the UK.
2. How do I apply for the Crypto.com cashback card?
To apply for the Crypto.com cashback card, you’ll need to sign up for a Crypto.com account and complete the application process. You’ll also need to pass a Know Your Customer (KYC) verification process to ensure your identity and address.
3. What is the minimum amount of CRO required to get a Crypto.com cashback card?
The minimum amount of CRO required to get a Crypto.com cashback card depends on the tier of the card you want. The Blue tier requires no minimum amount, while the Ruby Steel tier requires 2,500 CRO, the Jade Green tier requires 25,000 CRO, and the Royal Indigo tier requires 250,000 CRO.
4. How long does it take to receive my Crypto.com cashback card?
The time it takes to receive your Crypto.com cashback card depends on your location and shipping method. In the UK, it typically takes 7-14 business days to receive your card.
5. Can I use my Crypto.com cashback card with Apple Pay?
Yes, you can add your Crypto.com cashback card to Apple Pay and use it to make purchases with your iPhone, iPad, or Apple Watch.