How does the Gemini credit card work?

The Gemini credit card is a regular credit card that pays its rewards in crypto. You spend and repay in US dollars, and a percentage of each purchase is converted into bitcoin or another coin you pick, then deposited into your Gemini account. The card is issued by WebBank and runs on the Mastercard network.

How do Gemini credit card crypto rewards work?

Gemini's card page lists four reward tiers as of November 2026. Gas, EV charging and transit earn 4% on up to $300 of spending a month, then 1%. Dining earns 3%, groceries 2%, and everything else 1%. Some partner merchants offer up to 10% back, capped each month.

Gemini says rewards are usually deposited at the time of purchase rather than once a month, though some transactions only pay when they post. The card has no annual fee and no foreign transaction fee, according to Gemini. Interest rates are set out in separate disclosures. A balance carried past the due date costs interest in dollars, whatever happens to the value of the rewards. The broader picture of these products is in how crypto cards work.

What is the Gemini credit card XRP Edition?

The XRP Edition launched on August 25, 2025, in partnership with Ripple. It pays rewards in XRP at the same rates as the standard card. Gemini's card page now lists four designs, the original card, the Solana Edition, the XRP Edition and the Bitcoin Credit Card, and says they share the same benefits and differ in design. Holders of any edition can switch their reward coin as often as they like. Background on the token is in what is XRP.

How do Gemini credit card bitcoin rewards work?

Bitcoin is one of the reward options, alongside dozens of other coins. Which coins you can pick depends on which Gemini entity holds your exchange account, and that is set by your state of residence. Gemini's support page, updated June 3, 2026, says customers served by Gemini Trust Company cannot choose some assets, including BNB, TRX, USDT and several Solana tokens. Customers served by Gemini Moonbase can choose the full list.

Rewards land in your Gemini exchange account, where they can stay or be moved out like any other balance. Withdrawing them works as described in how to send and receive crypto.

What are the Gemini credit card requirements?

Gemini says residents of all 50 US states can apply, subject to terms, and the card is not offered outside the US. Its application page sets out these steps:

• Pre-qualification does not affect your credit score.
• The full application includes a hard inquiry, made by Gemini on behalf of WebBank, which can lower your score.
• Identity verification must succeed, and a frozen credit file must be unfrozen with Experian and Clarity first.
• A Gemini exchange account is required. Applicants without one go through both approvals together.

Most online applications get a decision within 60 seconds, Gemini says, and the card arrives five to seven days after approval. More on the company is in what is the Gemini exchange.