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Compare crypto credit cards for 2022

Spend your crypto assets more easily — and earn on your investment with everyday purchases.

What are crypto credit cards?

A crypto credit card is an emerging type of rewards card that allows you to either earn cryptocurrency through your eligible purchases, or redeem earned points on cryptocurrency. Sometimes called Bitcoin credit cards, they don’t always earn traditional reward points and may limit the types of cryptocurrency you can earn using the card. And many of them work like a debit card, drawing money from a crypto wallet or investment account.

How do crypto credit cards work?

Crypto credit cards are similar to traditional rewards credit cards — you swipe your card for purchases, and you earn rewards. How you fund the wallet associated with your card can vary by brand, among other key differences.

  • Cards require a crypto investment account. The platform you use will differ by crypto card. For example, you must open a BlockFi crypto investment account to earn crypto with the BlockFi Bitcoin Rewards Credit Card.
  • You may be able to choose your desired cryptocurrency. For crypto credit cards that earn multiple types of cryptocurrency, you may need to select your desired currency through your account prior to making purchases.
  • You may have to wait for rewards to post. While most crypto credit cards capture the market crypto value at the time of purchase, you may have to wait for those rewards to post to your account.
  • Reward value can change over time. While a crypto card captures and delivers a specific amount or percentage of crypto to your investment account, its value is subject to the whims of the market from there — a big departure from traditional reward credit cards, which tend to offer fixed rewards rate per point.

Standout features of a crypto credit card

The number of crypto credit cards on the market is growing, each offering a range of benefits and earning potential.

  • Crypto earning options. Some crypto credit cards stick to a single cryptocurrency, while others allow you to choose from multiple options.
  • Earning rates. A traditionally important credit card metric — the higher the earning rate of a crypto credit card, the bigger your rewards.
  • Crypto trading features. BlockFi Bitcoin Rewards Credit Card is among the only cards to offer perks around crypto trading, but such features go a long way toward helping you make the most of your crypto earnings.
  • Welcome offer. A strong signup bonus could prove especially valuable when paid in crypto.

Quick look at crypto credit cards

At the time of writing, only Crypto.com offers Canadians a crypto credit card in the form of their Crypto.com Visa card. Other cards that have been announced to be in the works for release in Canada include the Shakepay Visa Card, Nexo Mastercard, Netcoins card, and Bitpay card. You can join the waitlist for these cards by visiting their website and signing up.

The table below takes a look a other popular crypto credit cards currently available in the US.

Credit cardAnnual feeWelcome offerRewardsPerks
BlockFi Bitcoin Rewards Credit Card$0Up to $100 in Bitcoin rewards by earning 3.5% back in Bitcoin on all purchases in the first 90 days1.5% back as bitcoin on all purchases
  • 0.25% back on eligible bitcoin trades, up to $500 in bitcoin per month
  • $30 in bitcoin for every client referral
  • Additional 2% interest earned on Interest Account, up to $200 total in bitcoin
SoFi Credit Card$0$200 when you open and fund a SoFi Money and SoFi Invest account after getting approvedEarn 3x points on all purchases which you can redeem on various items, including cryptocurrency in your SoFi Invest crypto accountMastercard World Elite perks, including cell phone protection and Lyft credits
Gemini Credit Card$0Not yet known
  • 3% back on dining
  • 2% back on groceries
  • and 1% back on all other purchases in the form of any cryptocurrency available through Gemini
Instant access to your account number as soon as you’re approved
World Mastercard perks
Brex 30 Card$0
  • Earn up to 30,000 bonus points if you combine your Brex Card with a Brex Cash account.
  • Also sign up for various eligible business services with your Brex card and earn discounts.
  • Earn 8x points on rideshares
  • 5x points on flights and hotels booked through Brex Travel
  • 4x on restaurants, dining and eligible Apple products purchased through the Brex portal
  • 3x on recurring software like Salesforce, Zendesk and Twilio
  • and 1x points on everything else. Rewards redeemable for Bitcoin and Ethereum.
Mastercard World Elite perks, including cell phone protection and Lyft credits. Expense management tools.
Unifimoney Visa Credit CardNot yet availableNot yet availableNot yet available. Rewards redeemable in bitcoin, gold or equity.Not yet available.
Venmo Credit Card$0None
  • 3% back on your top spending category
  • 2% back on your second largest spend category
  • 1% back on everything else. Cash back redeemable on eligible crypto currency supported by Venmo.
Manage card from your Venmo account and easily split payments with others.
Upgrade Bitcoin Rewards$0None1.5% back in Bitcoin when you pay your account.Purchases are added together at the end of each month and processed as a personal loan.
Celcius Credit Card$0Not yet availableNot yet availableNot yet available.

Is a crypto credit card a good idea?

If you already own crypto, a crypto credit card can help you spend it on everyday purchases and earn more of it. As cryptocurrency becomes more mainstream, it’s clear that more providers will enter the market with ever stronger rewards potential.

For the average cardholder, a traditional rewards credit card is the better choice for now. Crypto is far more complex to redeem than traditional points, and the value of crypto earnings are far more volatile. To make the most of a crypto credit card, you’ll need to immerse yourself in crypto trading and know your way around a Dogecoin or two.

The future of crypto credit cards

No matter where you stand on crypto, it’s clear that with Bitcoin, Ethereum and other coins hitting all-time highs, more products will become available that can help investors more easily manage and spend their digital assets. Add to that Visa and Mastercard’s push into the crypto economy, offering further credibility for crypto doubters, and public acceptance is bound to grow.

We’ll continue to update this page as crypto credit card offerings and rewards advance. To learn more about crypto banking products, check out our guide.

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