What is the cashback ratio of Crypto.com's Visa card? What are the spending restrictions?

Crypto.com's Visa card offers cashback from 0.5% to 2% on purchases, with higher rates for dining and within their ecosystem, but has spending limits and exclusions.

May 10, 2025 at 03:09 am

What is the cashback ratio of Crypto.com's Visa card? What are the spending restrictions?

Crypto.com's Visa card offers an attractive cashback program that rewards users for their spending. The cashback ratios vary depending on the tier of the card, which is determined by the amount of CRO (Crypto.com's native cryptocurrency) staked. Understanding the cashback ratios and spending restrictions is crucial for maximizing the benefits of the card.

Cashback Ratios by Card Tier

Crypto.com's Visa card comes in several tiers, each with its own cashback percentage. Here is a detailed breakdown of the cashback ratios for each tier:

• Midnight Blue: This is the entry-level card, requiring no CRO stake. It offers a 0.5% cashback on all purchases.
• Ruby Steel: To qualify for this tier, you need to stake 5000 CRO. The cashback ratio for this card is 1% on all purchases, with an additional 2% on spending at restaurants and food delivery services.
• Royal Indigo and Jade Green: These cards require a stake of 50,000 CRO. They offer a 1.5% cashback on all purchases, 2% on spending at restaurants and food delivery services, and 10% on expenditures within the Crypto.com ecosystem, such as on the Crypto.com Exchange and Supercharger.
• Frosted Rose Gold and Icy White: These cards require a stake of 500,000 CRO. The cashback ratio is 2% on all purchases, 5% on spending at restaurants and food delivery services, and 10% on expenditures within the Crypto.com ecosystem.
• Obsidian: The highest tier card requires a stake of 5,000,000 CRO. It provides a 2% cashback on all purchases, 5% on spending at restaurants and food delivery services, and 10% on expenditures within the Crypto.com ecosystem.

Earning and Redeeming Cashback

The cashback earned through the Crypto.com Visa card is credited in CRO. To earn cashback, users must use their card for eligible purchases. The cashback is typically credited to the user's Crypto.com account within a few days after the transaction is processed.

To redeem the cashback, users can convert the CRO to other cryptocurrencies or fiat currencies within the Crypto.com app or use it for further transactions within the Crypto.com ecosystem. This flexibility allows users to maximize the utility of their earned cashback.

Spending Restrictions

While the Crypto.com Visa card offers generous cashback rewards, there are certain spending restrictions and limitations that users should be aware of:

• Geographical Restrictions: The card is available in multiple countries, but not all countries support all card tiers. Users should check the availability of specific card tiers in their region.
• Transaction Limits: Each card tier comes with different transaction limits. For example, the Midnight Blue and Ruby Steel cards have lower monthly spending limits compared to the higher tiers. Users should review these limits to ensure they meet their spending needs.
• Cash Advance Fees: Using the card for cash advances incurs fees. The fee structure varies by card tier, and users should be aware of these costs before opting for cash advances.
• Foreign Transaction Fees: Some card tiers may charge foreign transaction fees for purchases made in currencies other than the card's base currency. Users should check the fee structure for their specific card tier to avoid unexpected charges.
• Exclusions from Cashback: Certain types of transactions are excluded from earning cashback. These typically include cash advances, balance transfers, and certain types of fees. Users should review the terms and conditions to understand which transactions are eligible for cashback.

Maximizing Cashback Benefits

To maximize the benefits of the Crypto.com Visa card, users should consider the following strategies:

• Choose the Right Tier: Select the card tier that aligns with your spending habits and financial goals. Higher tiers offer better cashback ratios but require a larger CRO stake.
• Utilize the Crypto.com Ecosystem: Take advantage of the higher cashback rates offered on expenditures within the Crypto.com ecosystem, such as on the Crypto.com Exchange and Supercharger.
• Monitor Spending: Keep track of your spending to ensure you stay within the transaction limits of your card tier and to optimize your cashback earnings.
• Stay Informed: Regularly review the terms and conditions of the card to stay informed about any changes to cashback ratios, spending restrictions, or fees.

Applying for the Crypto.com Visa Card

To apply for the Crypto.com Visa card, follow these steps:

• Download the Crypto.com App: Start by downloading the Crypto.com app from the App Store or Google Play Store.
• Create an Account: Sign up for a Crypto.com account using your email address and a secure password.
• Complete KYC Verification: Complete the Know Your Customer (KYC) verification process by submitting the required identification documents.
• Stake CRO: If you are applying for a card tier that requires a CRO stake, purchase or transfer the necessary amount of CRO to your Crypto.com account and stake it for the chosen card tier.
• Apply for the Card: Navigate to the Visa card section in the app and select the card tier you wish to apply for. Follow the on-screen instructions to complete the application process.
• Wait for Approval: After submitting your application, wait for approval. Once approved, you will receive instructions on how to activate your card.

Frequently Asked Questions

1. Can I upgrade my Crypto.com Visa card to a higher tier?

Yes, you can upgrade your Crypto.com Visa card to a higher tier by staking the required amount of CRO for the new tier. The upgrade process can be initiated through the Crypto.com app.

2. Is there a minimum spend requirement to earn cashback on the Crypto.com Visa card?

No, there is no minimum spend requirement to earn cashback on the Crypto.com Visa card. You will earn cashback on all eligible purchases, regardless of the amount spent.

3. How often is the cashback credited to my account?

Cashback is typically credited to your Crypto.com account within a few days after the transaction is processed. The exact timing may vary based on the transaction and the processing time of the merchant.

4. Can I use my Crypto.com Visa card for online purchases?

Yes, you can use your Crypto.com Visa card for online purchases. The card is accepted wherever Visa is accepted, including online merchants. Just ensure that the transaction is eligible for cashback according to the card's terms and conditions.