Gemini Credit Card for 2025

What is the Gemini Mastercard?

Our Gemini Mastercard review wouldn’t be complete without covering the things we love first. This credit card was created by Gemini, one of the most trusted exchanges in the cryptocurrency space. Thanks to Gemini’s regulatory compliance it is available in all 50 US states.

The card is refreshingly simple compared to some of its competitors. It is a complete Mastercard credit card that lets users carry a balance while also making purchases.

As for cashback rewards, you get 3% back on dining, 2% back on groceries and 1% back on everything else. Rewards are issued immediately after purchase.

You can receive your rewards in any asset listed on Gemini exchange. There are over 60 different coins listed on Gemini, making it an excellent card for altcoins. Fans of Ethereum, Solana or Cardano can also earn cashback in their respective tokens.

You can even cashback in stablecoins like GUSD and USDC if you’re looking to avoid volatility.

Why Use the Gemini Mastercard Card?

There are multiple reasons to use the Gemini Mastercard. First, this is a real credit card that enables cashback rewards, rather than a traditional crypto debit card. Bitcoin debit cards usually involve the user paying fees to turn their cryptocurrency holdings into spendable U.S. dollars, but Gemini flips this  by offering up to 3% crypto-denominated cashback rewards on qualifying purchases.

Another plus is that there is no annual fee. While this isn’t that crazy in the traditional credit card arena, it’s certainly a powerful feature when compared to the other crypto credit cards.

A big win for the card is its tight integration with the greater Gemini exchange platform. Gemini is already one of the most trusted institutions in the entire cryptocurrency industry, and it lets you earn cashback rewards in more than 60 different crypto assets. Additionally, users are able to seamlessly move their rewards over to Gemini in order to earn yields on those crypto holdings.

Potential Gemini Credit Card Dealbreakers

The main dealbreaker for potential users is the lack of availability outside the United States. Bitcoin and crypto are global giants, so not having global availability is a serious limitation. That said, the card can be used in other countries while traveling, and it is available in all 50 US states, which is impressive in its own right.

Another con is the inability to pay off your balance with crypto directly from your Gemini account. This is likely due to regulatory issues, but currently you must pay off your Mastercard with a linked checking or savings account. It’s a minor annoyance in an otherwise excellent user experience.

Finally, it should be noted that the 3% cashback rewards only apply to situations where you’re dining out at a restaurant. In fact, the base cashback rewards offering on all purchases is 1%, which is lower than some competitors.

It should also be noted that, while some crypto debit cards have much higher cashback rewards, there are also usually more fees and the highest rates are only available to those willing to stake a proprietary crypto token attached to the debit card.

Is the Gemini Mastercard Card Right for Me?

Gemini Mastercard is that it’s a credit card and not a debit card, which is still quite rare in the space. The lack of an annual fee, a 3% cashback rewards rate on restaurant and bar purchases, and a close connection to the Gemini cryptocurrency exchange help differentiate this card from competitors. It’s also an extremely nice option to be able to earn rewards in any token listed on the platform.