I’ve had a crypto.com account and the Ruby Steel Debit Card for a while now. I originally ordered the Midnight Blue card when I opened my crypto.com account and used it as a convenience thing if I wanted to spend some of my crypto rather than adding funds from my bank account.
More recently I’ve looked more into higher tiered cards and the benefits the bring and I’ve now upgraded it to the Ruby Card to received higher rewards.
One of the main reasons I’ve started using it is the cashback offer of 2% in CRO on everything I spend (CRO is the native token of the Crypto.com Chain). As a self employed guy, some months I can spend quite a lot of money on business expenses and getting 2% back in free crypto is a massive bonus.
What’s more (at the time of writing) CRO is down over 50% from its recent ATH (all time high) and is fully expected to break it in the near future again. So 2% back now could be 20 or 200%+ in the future.
The Midnight Blue Card is the lowest tier card and comes in plastic (like most payment cards) but it still offers 1% crypto cashback with no staking requirements. Higher tiered cards (Ruby and Above) are all high quality sought after metallic cards. These require CRO Staking but offer much better rewards. I would recommend getting a Ruby Steel card or higher to start with as there is a card issue fee for upgrading form Midnight Blue to Ruby.
Crypto staking is when a user deposits or locks their cryptocurrency into a platform to receive rewards. In most cases, users can stake coins directly from a crypto wallet or exchange, like crypto.com.
I have been looking at the other cards on offer and I’ve decided I’m to stake $400 worth of CRO for 6 months and get the Ruby Steel card which is the next tier card and offers 2% CRO rewards and free Spotify.
This is what prompted me to do this post. The benefits these cards offer to the Crypto Community, and even the non crypto savvy are superb. You can use them to spend crypto or you can add funds from another debit / credit card or your bank account and then use them anywhere you see the Visa sign and you will received CRO crypto straight into your account as soon as you as you make a purchase. No waiting 30 days etc.
There is something for everyone and the rewards are actually worthwhile rewards ( Free Crypto, Spotify, Netflix, VIP Airport access and more!)
Crypto.com also offer a referral program where you can refer new members to sign up for a crypto.com card and you will both receive $25 each in CRO if they order a Ruby Card or higher.
I plan to upgrade again in the future to the Royal Indigo or Jade Green cards for higher rewards but I plan to use my referral bonus’s to upgrade to the next tier next time so that the card pays for itself.
If you would like to sign up for a crypto.com account and card here is my referral link. It is also available in the Deals section of the site along with more great crypto offers so remember to check back often!.