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Crypto exchange company Gemini launching credit card with Mastercard as network partner

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Gemini, the popular bitcoin/crypto exchange company, today announced that Mastercard will be its exclusive network partner for the Gemini Credit Card.

The Gemini Credit Card allows users to earn up to 3% back in bitcoin or other cryptocurrencies on the dollars they spend. Those interested can join the Gemini Credit Card waitlist to get early access.

Features of the Gemini Credit Card:

  • Real-time rewards: Cardholders will earn up to 3% back on qualifying purchases in bitcoin or any of the more than 30 cryptocurrencies available on Gemini. Crypto rewards will automatically be deposited into the cardholders’ Gemini account.
  • No annual fee: Earn crypto without paying a hefty annual fee.
  • Security-first design: Sensitive information, like the card number, is removed and accessible to cardholders via the Gemini app, which requires two-factor authentication.
  • Near-instant access: Once approved, users can access the Gemini Credit Card and begin making purchases online, in-app, and in stores by directly adding the card to their mobile wallet through the Gemini mobile app.
  • World Mastercard Benefits: Users will have access to exclusive offers with select merchants such as DoorDash, HelloFresh, Lyft, and ShopRunner, as well as through Mastercard’s Priceless Experiences. The card will include advanced security features including Mastercard ID Theft Protection, Zero Liability, and Price Protection.
  • 24/7 live customer support

The Gemini Credit Card will be available in all 50 U.S. States and will be accepted wherever Mastercard is accepted. The card will be rolled out this summer, and those on the waitlist will have first access to apply.

When approved, users can earn up to 3% back on dining, 2% back on groceries, and 1% back on other purchases. Users will also be able to transfer any crypto rewards earned through the credit card directly into Gemini Earn, the company’s interest-earning program.

“We are thrilled to work with one of the most trusted and globally recognized brands in the credit card and payments space. WebBank, a leader in digital lending, will be the issuing bank for the Gemini Credit Card.”
– The Gemini Team

Source: Gemini

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Source: https://www.cryptoninjas.net/2021/04/27/crypto-exchange-company-gemini-launching-credit-card-with-mastercard-as-network-partner/

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