Crypto.com Card Review

If you're wondering what else you can do in the crypto world beyond trading and staking, this Crypto.com Card review is a great place to start. In a nutshell, it is a debit card that lets you seamlessly spend your crypto like regular cash while earning rewards along the way.

Moreover, it's not just the rewards that make the Crypto.com Card cool; its sleek look is a real plus when you're out and about. So, what else can you get from using it? Let's find out in this Crypto.com Visa Card review. Further in the article, I'll also compare it with Bybit, Uphold, and Gemini cards for better insights into which one might be the best fit for you.

Crypto.com Card Review: Quick Overview

To get this Crypto.com Card review right, we need to consider several factors that make it unique. Let’s have a quick overview of its key features, benefits, and more.

Table: A quick overview of the Crypto.com Card

Overall, this card is definitely worth checking out if you want to use crypto in your everyday life. You can get some interesting rewards, especially if you stake a lot of CRO. In case you’re interested, carefully consider the associated risks, including the token's volatility and any requirements.

This means you must load funds onto the card before using it, as it isn't linked directly to a bank account or crypto wallet like a debit card, nor does it offer a line of credit like a credit card.

Though, it's no surprise that some people think the Crypto.com Card is debit, because it almost works like one (apart from the required pre-loading). That said, if you're looking for Crypto.com credit card fees, you're actually looking for its prepaid card fees.

Who’s Crypto.com Card For?

After exploring the product, I think the Crypto.com Visa Card is best suited for people who are already invested in the Web3 ecosystem and want to maximize their spending power with digital assets.

To be specific, here are some individuals who would likely find it beneficial:

• Crypto and shopping enthusiasts. The Visa card supports top-ups using a wide range of cryptocurrencies, allowing you to fund your card by converting these digital assets into fiat currency. So, it’s suitable for people who want a familiar payment method while exploring the benefits of digital assets.
• CRO holders. You need to stake CRO to unlock more perks and get up to 8% Crypto.com cashback in the form of CRO on every purchase.
• Subscription users. Individuals who subscribe to and regularly use streaming services like Spotify, Netflix, and Amazon Prime can offset those costs using rebates.

Understanding your spending habits, reward expectations, and willingness to lock up assets helps determine if the Crypto.com Visa Card is the right choice for you. If you’re still unsure, consider exploring more of its benefits.

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Crypto.com Card Alternatives

The Crypto.com Visa Card isn’t the only player in the game. There are alternatives that also bring unique features to the table, including:

• Bybit card. This crypto debit card (Bybit offers both Mastercard- and Visa-based cards) provides a flexible spending solution with support for eight cryptocurrencies, up to 10% cashback, and Google Pay compatibility.
• Uphold card. This Mastercard debit card (available in the UK) allows users to spend any asset they hold in their Uphold wallet globally, including crypto and precious metals, with 0% foreign transaction fees and low FX rates.
• Gemini card. This crypto credit card offers no tiers and staking requirements. Regarding user rewards, you can choose from a selection that includes Bitcoin, Ethereum, and more than 50 other cryptocurrencies supported. It's available in the US and several countries in Europe.

I’ll break down how these choices compare in more detail further in this review!

📚 Read More: Best Crypto Debit Cards

Advantages

One of the main Crypto.com Card benefits is how easy it is to convert crypto to fiat for everyday purchases. However, that's a common advantage among other options, so what truly distinguishes it from its competitors?

• Tiered Crypto.com Card rewards;
• No annual fees;
• Top-up with 100+ cryptos;
• Free ATM withdrawals.

One noticeable aspect is its cashback levels. As you increase your card tier, you can get up to 8% CRO rewards on everyday purchases (and up to 10% on travel spending). The card upgrade also enables you to get various interesting perks, including Priority Pass™ airport lounge access, free Spotify or Netflix subscriptions, and the premium X account plan, among others.

Also, there are no hidden charges, monthly costs, or yearly fees to worry about. You get access to rewards and benefits without paying to play, which is perfect if you’re budget-conscious or just testing the waters with crypto cards.

Moreover, another pro is that you can fund your card with over 100 cryptocurrencies, including BTC, ETH, USDT, and CRO. Plus, since it’s a Visa card, you can use it at over 90 million merchants worldwide. Whether you're buying snacks in your hometown or booking a hotel abroad, your crypto is spendable instantly with no fuss.

By the way, depending on your card tier, you get a monthly allowance for free ATM withdrawals and competitive currency exchange rates. This makes it really useful for travel, especially if you want to avoid high FX fees.

Limitations

To get a balanced Crypto.com Visa Card review, it’s important to consider the limitations. Some of those include:

• High staking requirements;
• Fluctuating CRO value.

To unlock the best rewards (like 8% cashback or free Netflix), you need to stake a significant amount of CRO ($500-$1M worth of it). That said, with the free (Midnight Blue) card, you get zero cashback rewards.

Also, if a cardholder doesn’t maintain an ongoing CRO stake, they lose all spending rewards and drop to 0% cashback. This structure encourages long-term staking, but users who don’t keep locking up tokens would see their benefits diminish over time.

Furthermore, since staking and rewards are tied to CRO’s market price, the value of your locked-up assets and earned cashback can fluctuate. During market downturns, the real-world value of your rewards may decrease, which potentially reduces the card’s overall benefit.

I know I mentioned that the Crypto.com Card is great for crypto fans. But, considering these factors, I should say that it’s specifically best for those who don’t mind a bit of market volatility and are comfortable staking some extra funds to unlock the best perks.

Card Tiers: Fees and Benefits

FYI, the card levels are closely linked to Crypto.com’s “Level Up” program. It’s a tiered system that extends beyond just its Visa card, offering benefits across the platform, including upcoming banking access and stock trading. Also, the fees and limits can vary based on location (I'll discuss those in the US).

For the Crypto.com Visa Card specifically, this structured system determines not only the cashback rewards but also staking requirements. Below is an overview of six Crypto.com Card tiers:

Table: Comparison of all Crypto.com Card tiers

Apart from the details above, here are additional key points to consider:

• Load limits. The Crypto.com Card limits the number of loads to 12 times per day and 140 times per month, which applies to all tiers (but may depend on your country). However, there is no yearly limit.
• Limits on reimbursements. For purchase rebates, the limits are up to $13.99 per month for Spotify and Netflix, ensuring that users can enjoy these services at no extra cost within the cap. The cap resets on the first day of each month, allowing cardholders to continue earning cashback on their subscriptions regularly.
• Decreased rewards. Spending rewards slightly decrease after the first year unless you continue staking CRO (e.g., Obsidian from 6.5% → 5% and Rose Gold from 5% → 4%).

I've also checked many user Crypto.com Card reviews, saying that it was once a clear leader in the space since it offered generous rewards that set it apart from the competition.

However, in May 2022, the platform announced significant reductions in cashback incentives, monthly reward caps, and staking perks for CRO holders. Thankfully, the program has evolved since then, with the latest benefits in place at the time of writing.

While the card still offers plenty of bonuses, it’s important to understand the tiers and terms before signing up.

For example, the lowest-tier card no longer offers cashback, whereas it previously provided a 1% CRO return with no staking requirement. Currently, one of the standout features of Midnight Blue is the physical metal card itself, rather than high reward rates.

Customer Support

Besides different fees, Crypto.com debit card limits, and money-related benefits, the type of Visa card you hold also determines the level of customer support services you receive. Entry-level ones like Midnight Blue and Ruby Steel come with basic access, meaning users must rely on standard support channels.

However, upgrading to Jade Green/Royal Indigo unlocks priority support, ensuring faster response times when dealing with account-related issues.

For those opting for even higher-tier cards, additional perks start to come into play. Rose Gold/Icy White and Obsidian cardholders are set to receive phone and chat support, though it is currently marked as "Coming Soon". This added layer of service is a significant upgrade, allowing users to get real-time assistance beyond traditional ticket-based support.

However, the most exclusive feature (a private account manager) is reserved for Prime cardholders, offering them a personalized point of contact for their Crypto.com account.

Security

Beyond rewards and fees, security is a crucial factor to consider. In the first half of 2024, crypto-related hacks increased, with total thefts reaching $1.38 billion^[1] – more than double the $657 million stolen during the same period in 2023. With such rising threats, how does the Crypto.com Card measure up in terms of safety?

Fortunately, the product is distributed by Foris Asia Pte. Ltd., which holds a Major Payment Institution License approved by the Monetary Authority of Singapore (MAS). Thanks to the certification, the platform can provide e-money services, account issuance, and both domestic and cross-border money transfer services.

Talking about Crypto.com itself, it is built on a strong foundation of security, privacy, and compliance. It’s the first CEX to obtain:

• ISO 22301:2019;
• ISO/IEC 27701:2019;
• ISO/IEC 27001:2022.

Such compliance shows that the platform takes security, privacy, and reliability seriously, ensuring users' data and transactions are well protected.

Moreover, Crypto.com is PCI DSS v4.0 Level 1 Service Provider compliant. For your information, this standard requires organizations to implement strict security protocols^[2] to protect sensitive credit card data and mitigate risks.

📚 Read More: Crypto.com Review

Localization and Regional Adaptability

Crypto.com Card benefits and pricing systems vary by region, grouping users into the following categories:

• United States and Canada;
• Asia-Pacific (including Singapore, Malaysia, Hong Kong, Taiwan, and the Philippines);
• Rest of the world.

These regional differences affect limits, fees, and benefits, including ATM withdrawal policies. For instance, while US residents face no restrictions on the number of ATM withdrawals per year, European users are limited to 360 withdrawals annually.

Additionally, some benefits depend on the cardholder's residential status. A Midnight Blue cardholder with a non-European or European address enjoys a monthly free ATM limit of $180, or approximately €166 at the time of writing.

Another key factor besides residential status and citizenship is where you conduct transactions, as this influences foreign transaction fees. For example, European residents making transactions within the EU and UK are charged only a 0.2% fee. However, if the transaction takes place outside those regions, the fee increases to 2.0%.

User Experience

The Crypto.com Visa Card is fully managed through the mobile app, making it easy for users to activate their card, track spending, and manage settings in one place. The platform's interface is intuitive, making sure your experience is smooth and hassle-free.

Moreover, its spending rewards, including cashback, are automatically credited to your CRO Wallet shortly after making an eligible purchase.

Additionally, users get instant notifications for every transaction, allowing them to track spending in real-time. The app also supports quick top-ups, so you can reload your card instantly with crypto or fiat.

Besides being a centralized place for managing transactions, many users praise the convenience of upgrading their card tier via the app. Instead of visiting a bank and dealing with paperwork like traditional cards, they can simply stake more CRO tokens to meet the requirements for a higher-level card.

How to Get the Crypto.com Card

Interested in getting a Crypto.com Visa Card? Thankfully, the process is straightforward. Simply follow these three steps:

Once your address is verified, you immediately get a digital card in the app.

When the Crypto.com Visa Card is ready for shipment, users should receive a prompt to update the app and stake CRO if they haven't done so already. Once these steps are completed, the status is updated in the app, indicating that it’s on its way.

Comparison to Other Popular Crypto Cards

Having explored different aspects in this Crypto.com Card review, it's essential to see how it stacks up against popular options. I'll highlight the key differences and similarities between Bybit, Uphold, and Gemini Cards.

Crypto.com Card VS Bybit Card

The Bybit card stands out with its generous cashback rewards, flexible spending options, and unique perks. New users can enjoy 10% cashback (up to $300) within their first month by depositing at least $100 after card application.

With seven card tiers in total, the highest level offers a 10% cashback rate. Moreover, unlike Crypto.com Card tiers, which offer 0% cashback on the lowest one, Bybit provides 2% cashback even at the entry level. Users can also spend directly from either their crypto or fiat balance, with USD supported for fiat payments and eight options for crypto transactions.

Beyond cashback, Bybit cardholders earn reward points based on their spending, which can be redeemed for a variety of benefits, including trading fee discounts, digital gift cards for popular eCommerce platforms, and physical merchandise from the exchange.

Similar to Crypto.com Card benefits, Bybit also offers 100% rebates on select subscription services, but it covers more than platforms, including ChatGPT and TradingView.

Talking about fees, Bybit offers a more transparent and consistent fee structure, particularly regarding card issuance and foreign exchange (1% on top of Mastercard's exchange rate). Meanwhile, Crypto.com Card ATM withdrawal limits are higher, and it comes with tiered benefits that can be advantageous for higher-level users.

📚 Read More: Bybit Card Review

Crypto.com Card VS Uphold Card

The Uphold card, available only in the UK, stands out as a true debit card rather than a pre-paid crypto card. Unlike the Crypto.com Visa Card, which requires pre-loading funds, the Uphold card allows users to spend directly from any asset in their accounts. This makes transactions more convenient for everyday purchases, covering broader acceptance.

One of its key advantages is the automatic asset conversion, as you can seamlessly convert crypto, commodities, or other holdings into fiat at the point of sale. When shopping abroad, cardholders benefit from low FX rates with no extra fees, unlike banks that charge high foreign exchange costs.

In terms of cashback rewards, the Uphold card offers 1% cashback on purchases made using a national currency balance, with payouts processed monthly. While this rate is lower than Crypto.com’s higher-tier cards, it doesn't require any staking or privilege-based system.

Other notable perks include:

• Apple Pay & Google Pay integration;
• Instant card freeze/unfreeze via the app;
• Free virtual card;
• Spending analytics.

The physical card is delivered within 7-10 business days, ensuring quick access to its benefits. However, since it’s only available in the UK, its reach is more limited compared to the globally accessible Crypto.com Visa Card.

📚 Read More: Uphold Review

Crypto.com Card VS Gemini Card

While the Crypto.com Card operates as a prepaid debit solution requiring users to stake CRO tokens to unlock higher-tier benefits, the Gemini card functions as a credit card with no staking requirements.

It allows users to earn crypto rewards instantly on every purchase, with the structure of 4% back on gas and EV charging, 3% back on dining, 2% back on groceries, and 1% back on all other spending. All cardholders get the same cashback rates – no tiers at all. In terms of the rewards users get, they can choose from Bitcoin, Ethereum, or 50+ other cryptocurrencies available.

Another major differences are fees and accessibility. The Gemini credit card has no annual fees, no foreign transaction fees, and no exchange fees when receiving crypto rewards, making it more accessible for everyday users.

When it comes to card design, both offer premium aesthetics, with Gemini featuring Black, Silver, and Rose Gold metal options, while Crypto.com provides a range of sleek metal cards based on staking tiers.

With multiple options available, which one should you get?

Let's break down the key differences between the Crypto.com debit card, Bybit card, Uphold card, and Gemini card, helping you determine which one best suits your needs!

Table: Comparison of Crypto.com, Bybit, Uphold, and Gemini cards

Each of them offers unique benefits, from the tiered cashback structure of Crypto.com and Bybit's high reward rates to Uphold’s true debit functionality and Gemini’s instant crypto incentives with no tiers. The best choice depends on your priorities, whether it's maximizing cashback, avoiding staking requirements, or enjoying seamless crypto-to-fiat spending.

Conclusions

The Crypto.com Card offers multiple tier options and various perks, making it an especially good option for those who are into staking and earning passive income on the side.

While I've mentioned that its cashback rewards and benefits have been reduced since 2022 in this Crypto.com Card review, I think it still provides solid value, especially for those in higher tiers. If you're interested, check the latest fee structures, rewards, and terms to see if they match your financial goals.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. L. D. Christensen: 'Preventing Fraud in Crypto Payments';

2. G. Ataya: 'PCI DSS Audit and Compliance'.