Do you wish to earn crypto rewards every time you go shopping? If so, we have got you covered. This article explores some of the best crypto debit and credit cards offering rewards in December 2024. Keep reading to learn more.
Top Crypto Cards in December 2024
1. Uphold Card
Crypto exchange Uphold offers a crypto card to eligible customers. To access this card, you need to hold a UK Uphold account. The trading platform usually delivers a digital crypto card instantly to your account. If you want a physical card, you must pay £9.95. It will be delivered within ten days.
Reward Structure
Cardholders receive a 1% cashback in GBP whenever they make purchases. The rewards are calculated every 30 days and deposited to users’ accounts within 15 days.
2. Bybit Card
While Bybit operates in more than 100 countries, it only offers its crypto card in select regions. You can check eligibility through your account. If you qualify for the card, Bybit will require you to complete KYC checks. Upon approval, the exchange will give you access to your new crypto card within seven business days.
For users who wish to own a physical Bybit crypto card, a cost of 5 USDT/GBP/EUR must be paid. The card should arrive within 30 days.
Reward Structure
The cashback rate on your Bybit card depends on your account’s VIP level. Nonetheless, the monthly cashback rate ranges between 2% – 10%. Note that you will only receive rewards if you pay for goods with your crypto balance.
3. Wirex Card
Like Bybit, Wirex only offers its crypto card to select countries despite operating in over 130 nations. You can check your country’s eligibility status through the Wirex app. If eligible, verify your identity to apply for a digital card, which comes within five business days. To get a physical card, pay $15 and wait for it to be delivered to your location within two weeks.
Reward Structure
All cardholders earn a 1% cashback on each spending. If they want to boost their rewards, they must hold Wirex’s native token, WXT, or subscribe to a monthly package. Users who purchase the Premium subscription get a 3% cashback, while those opting for the Elite package receive an 8% cashback.
4. Nexo Card
Only users from the European Economic Area qualify for the Nexo card as of December 2024. Nexo offers both physical and virtual cards. To apply for the virtual card, ensure your account has at least $50 worth of crypto. Meanwhile, you must hold crypto worth at least $500 to become eligible for the physical card.
Reward Structure
Nexo offers cashback rewards based on users’ loyalty levels, determined by the amount of NEXO tokens held. Users in the Platinum level earn a 2% cashback, while those in Gold, Silver, and Base receive 1%, 0.7%, and 0.5%, respectively.
5. Crypto.Com Card
All Crypto.com users can apply for the exchange crypto card. To boost your chance of getting the card, you need to hold the required CRO tokens in your account. Further, you must provide proof of address. If approved, Crypto.com will issue you a virtual crypto card immediately. You can also request a physical card for a small fee, and the exchange will deliver it within 18 business days.
Reward Structure
Cashback rates vary from card to card and are determined by the amount of CRO tokens held. For example, if you have $350 in CRO, you will earn a 1% cashback. On the other hand, holding CRO tokens worth $35,000 or $350,000 earns you a cashback of 3% and 5%, respectively.
How to Choose the Right Crypto Card
Here are some vital aspects to consider when selecting a crypto card:
1. Card fees: Crypto card issuers impose various fees, such as transaction fees, foreign transaction fees, and annual fees. So, comparing the fee structures of different crypto cards is important.
2. Availability: As we have seen, some crypto cards may not be functional in certain regions. Therefore, check if a crypto card issuer accepts users from your country before beginning the application process.
