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7 Best Crypto Cards To Earn Rewards in July 2024

18 mins
Fact Checked
by May Woods
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Are you looking to maximize your crypto rewards with everyday spending? This guide explores the best crypto credit cards and debit cards that offer top-notch rewards in 2024. From cashback in crypto to competitive reward rates, discover how these cards can provide significant crypto spending benefits while keeping card fees to a minimum.

Methodology

Top crypto cards for rewards in July 2024

1. Coinbase Card

Up to 4% cashback
Annual fee
$0
Issuance fee
$0
2.49% + spread
Availability
U.S., U.K., E.U.

2. Wirex Card

Up to 8% cashback
Annual fee
$0
Issuance fee
$0 ($5 delivery)
Transaction fee
0%
Availability
U.K. & 33+

3. Uphold Card

Up to £100 worth of rewards per month
Annual fee
$0
Issuance fee
£9.95
Transaction fee
0%
Availability
U.K.

4. Bybit card

Get up to 10% cashback
Annual fee
$0
Issuance fee
$5
Transaction fee
0.9%
Availability
EEA & CH

5. Nexo Card

Up to 2% cashback
Annual fee
$0
Issuance fee
$0 (conditions apply)
Transaction fee
0% (up to $10K)
Availability
EEA

6. Crypto.com Card

Up to 5% cashback
Annual fee
$0
Issuance fee
$7
Transaction fee
Up to 2%
Availability
US & 30+ countries

7. Gemini Card

Up to 4% cashback
Annual fee
$0
Issuance fee
$0
Transaction fee
0%
Availability
U.S.

Crypto cards compared

TypeCashbackToken requirementsIssuance feeTransaction fee
Coinbase CardDebitUp to 4%No$02.49% + spread
Wirex CardDebitUp to 8%Optional (WXT)$0 ($5 delivery)0%
Uphold CardDebitUp to £100 worthNo£9.950%
Bybit CardDebitUp to 10%No$50.90%
Nexo CardCredit/debitUp to 2%Yes (NEXO)$00% up to $10K
Crypto.comDebitUp to 5%Yes (CRO)$7up to 2%
Gemini CardCreditUp to 4%No$00%

How do you choose a crypto card?

Choosing a crypto card involves several factors to ensure you get the best value and security. Here are the most important aspects to consider when applying for a crypto card. 

Know the difference between crypto credit cards and crypto debit cards

First, decide whether you need a crypto credit card or a crypto debit card. While the crypto space already offers some of the best Bitcoin debit cards, there’s still a long way to go for crypto credit cards. 

Crypto credit cards allow you to borrow against your crypto, whereas crypto debit cards let you spend your crypto directly from your crypto wallet. Check out our list of the best crypto credit cards available in 2024 if this is what you are looking for. 

Investigate the reward type

Look into the rewards program offered by the crypto card. Some cards offers rewards for purchases made, and can come in the form of specific cryptos (BTC, ETH, etc). Some crypto cards may offer other benefits, such as discounts on specific services and interest when holding crypto on their platform. Benefits can vary greatly from one platform to another. 

Ensure to also check the reward rates. Some cards offer a higher percentage of cashback in crypto for specific categories like travel or dining. Compare these rates with traditional credit cards to ensure you’re getting a competitive deal. 

Consider card fees

Examine the card fees carefully. These can include annual fees, transaction fees, and foreign transaction fees. Some crypto cards may have higher fees, which can eat into your rewards.

Important: We strongly encourage users to carefully review and check the applicable fees for the chosen crypto card, as some rewards may not be worth it if usage fees are above the industry average.

Check availability 

Different conditions and fees may apply to different geographic locations. You should take into account the type of purchases you are looking to make as well as the ropurchasing location. What might be the best crypto debit card in Europe, might not be your best option if you’re based in the United States. 

Verify security and user experience

Ensure the card has solid security features. This includes encryption, two-factor authentication, and fraud protection to safeguard your crypto assets. Most crypto cards have extremely good security measures in place, but ensure to check this before proceeding.

At the same time, don’t forget to research and read reviews and user experiences. Look for feedback on customer service, ease of use, and reliability. Websites, forums, and social media can provide valuable insights into the real-world performance of the card.

You should also investigate the card issuer. Look at their reputation, history, and reviews from other users. A reputable issuer is more likely to offer good customer service and reliable card performance. All this legal information should be easy to find on the platform’s website. 

Consider the application process

Review the application process for each crypto card. Some crypto credit cards may require a credit check. Most crypto cards are debit cards, with the advantage that your credit score will not influence your application process. 

Ensure you meet the eligibility criteria and understand the terms and conditions before applying. Some cards may require users to buy and hold specific cryptos in their account, which effectively locks funds on that platform. As with any crypto, that specific token may lose or increase value over time and this is a financial risk to be mindful of.

7 tips for maximizing rewards with crypto cards

1. Choose the right card. Select a card with the highest reward rates for your spending habits. Consider cards with low or no annual fees to maximize your net rewards.

2. Understand the reward mechanism. Use cards that offer higher rewards for specific categories (e.g., travel, dining, groceries). Some cards offer rotating rewards, which need to be activated every month. 

3. Carefully consider your cashback options. Opt for cashback in crypto to benefit from potential appreciation in value. Redeem your crypto rewards when the value of the cryptocurrency is lower.

4. Leverage partner offers and benefits. Look for special offers and higher reward rates at partner merchants. Use your card for regular purchases at these partners to maximize your rewards. Take advantage of additional card benefits.

5. Optimize spending across multiple cards. Use multiple cards to take advantage of different reward structures and bonuses. Most crypto cards have a monthly rewards cap. Allocate specific types of purchases to the cards that offer the highest rewards for those categories.

6. Stay updated on promotions and offers. Subscribe to email alerts from your card issuer to stay informed about new promotions and offers. Crypto cards may change their reward system without much notice. 

7. Apply the best spending practices for each card. Some offer better fees when spending a specific crypto, which may mean you have to perform a crypto trade before spending. 

How do crypto reward rates compare to traditional credit cards?

crypto cards vs banks

Crypto reward rates can vary widely between crypto cards and traditional credit cards. That’s why it’s important that you understand the differences between the two very different types of cards. 

One of the most important differences between crypto and traditional cards is that crypto cards are issued by payment services but are tied to a crypto platform, such as Coinbase or Nexo. Traditional credit cards are issued by traditional banks. 

Since crypto is more present than ever in our everyday lives, some may choose to use crypto cards because they offer the possibility to spend cryptocurrency directly from a CEX account. At the same time, they offer some benefits, usually in the form of crypto or other tokens. 

Some crypto credit cards offer higher cashback rates compared to traditional cards, often in the range of 1-5% for everyday purchases. In some cases, special promotions can boost these rates even more. Crypto cards sometimes offer enhanced rewards for specific categories, such as travel or dining, similar to traditional cards.

Rewards earned in crypto have the potential to appreciate over time, adding an extra layer of value. If the price of the crypto increases, your rewards can become more valuable. However, the value of crypto can also decrease due to market volatility, which is a risk compared to traditional bank cards.

Crypto cards might come with higher fees, including annual fees, transaction fees, and foreign transaction fees. These can offset the benefits of higher reward rates. Always take a look at the platform’s fee structure, as converting crypto rewards to cash or other cryptocurrencies might involve transaction fees.

What are the typical fees associated with crypto cards?

Crypto cards can incur a number of different fees, and each platform will have specific fees. That’s why it is important that you carefully review the associated fees for each crypto card. Despite this, we see a series of common fees across most crypto platforms. 

Here are the typical fees that are generally associated with crypto cards. 

  1. Annual membership fee: A yearly fee for card ownership ranges from $0 to several hundred dollars, depending on the card’s features and benefits. Most crypto cards don’t have an annual fee, but it’s important to check if there is such a fee. 
  2. Spending fees: These are less common, but some cards may charge a fee for each purchase made with the card.
  3. Foreign transaction fees: A fee is charged for transactions made with foreign merchants, typically around 1-3% of the transaction amount. Some cards have 0% FX fees up to a certain limit. 
  4. Crypto-to-fiat conversion fees: These are standard practice with many crypto cards.
  5. Fiat-to-crypto conversion fees: Also common with many crypto cards.
  6. ATM withdrawal fees: Some cards offer a limited monthly amount of free ATM withdrawals and then up to a 2% fee. 
  7. Card issuance fee: A one-time fee for issuing the card, which can range from $5 to $50.
  8. Replacement fee: A fee for issuing a replacement card in case the original is lost or damaged.
  9. Load/top-up fees: Fees for adding funds to your crypto card, especially when using specific methods like credit cards.
  10. Blockchain transaction fees: Fees for transferring cryptocurrency into or out of your card’s wallet, which vary based on the blockchain used and current demand. These are not related to the crypto card but to the network of that specific crypto. 

What’s the best option for crypto credit card rewards?

If you want receive crypto credit card rewards for spending your decentralized assets, then this is the best time to choose a new card. Cryptocurrency rewards will likely never be any higher than the current level. In fact, many platforms tend to lower their reward rates over time and crypto veterans have seen the cashback in crypto go down over the years. 

Note that card security features are generally improving. Some crypto credit and debit cards offer perks ranging from free subscriptions to airport lounge passes. Card fees also vary depending on the specific card and your spending habits. In the end, it’s up to you to evaluate the different cards that are available in your location and select the one that brings the most benefits to you. 

Frequently asked questions

What is the best crypto rewards card?

Does Crypto.com offer rewards?

What is the best credit card for buying crypto?

Is it safe to buy crypto with a credit card?

What are the benefits of using a crypto card?

How can I maximize my rewards with a crypto card?

Are crypto cards safe to use?

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Iulia Vasile
Iulia Vasile is a seasoned professional in the cryptocurrency and blockchain industry, working full-time in the field since 2017. With a background in computer engineering, she has the unique ability to write about complicated topics, including DeFi, NFTs, trading, and AI, in a way that is easy to understand. Iulia learned multiple programming languages while completing her Software Engineering degree in Bucharest at Politehnica University. Iulia brings her expertise and personal...
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