Which Crypto.com Visa Card is Right for You? Up to 8% Cash Back and 14% APR

7 min readNov 21, 2021

Cyrpto.com debit cards are simply the best-in-class and offer up to 8% cash back. If you have heard good stories about their multiple tiers of shiny metal cards, but unsure which one to get, here is the place. I personally have climbed up the ladder from Ruby, to Royal Indigo, and to Icy White. I have done thorough research and shared my experience below. If you are just interested in a quick conclusion, jump all the way to the end and you will find it.

Just a little bit about myself, I am investing in crypto over long term. I used Crypto.com to earn interest, generate passive income, and cash back on everyday spending. Crypto.com currently has ~10M existing users and targets 100M by the end of 2023. It provides such a valuable platform to accumulate and grow your wealth. Crypto.com as a company is making right moves and growing super fast. They are constantly adding new features and partners, with the potential to become a top Crypto Exchange like Binance. This further adds value to the cash back/interest earned in the platform coin (CRO). The CROs I earned easily tripled value in the last 6 months. I would not be surprised if the price goes another 2x-10x in next a few years.

In addition, I provided my referral info here (referral link https://crypto.com/app/da8gssgff3 or referral code da8gssgff3. You can also find it at the end). If you could use my promo code, this will add $25 bonus to both of our crypto journey. Thanks a lot for your support!

RUBY

This is the entry level card that would satisfy most needs of average crypto investors. For this card, it requires $400 of staking (vary by region). Staking means that you need to hold certain amount of crypto coin over a period of time (the crypto.com platform coin CRO over 6 months in this case). At the end of time period, the crypto is still yours to keep. This card offers you 2% cash back and free Spotify membership. The 2% cash back already beats major credit card players in the market (for example, Chase Freedom Unlimited, Capital One Quicksilver offer only 1.5%). For Spotify, I have not really used this much until getting my Ruby card. It turns out to be a great buy, as all my families really enjoy the membership, and we always have it on while driving. The Spotify membership offers you ~$13/month worth of CRO, which is equivalent to ~$150/year. This also has upside potential due to the potential of CRO. For those who started the journey a few months ago, you may have already seen the CRO value doubles or even triples by now. For the Crypto Earn program, this tier offers 4.5% for Bitcoin, 5.5% for Ethereum, and 10% for Stable Coins.

ROYAL INDIGO/JADE GREEN

This is the middle tier card that fits people who have some investment in Crypto Earn program. For this card, you need to stake for $4K worth of CRO (vary by region). You get 3% cash back on your everyday spending. This provides you with 10% interest for the CRO staking, which means $400/year passive income. In addition, you get free Spotify, Netflix, and airport lounge access (for yourself only). The biggest benefit of this tier is 1%-2% extra interest for your Crypto Earn (Bitcoin: 4.5% -> 6.5%, Ethereum: 5.5% -> 6.6%, Stable Coins: 10% -> 12%). If you take advantage of Earn program for passive income, this tier will get you the top rate in the market. Assuming $20K in Earn program, this card offers from $200 to $400 additional interest each year. On top of that, Netflix member is equivalent to another ~$150/year worth of CRO. For myself, I replaced expensive cable service (~$100/month) with Netflix, so that means additional $1.2K/year savings.

ICY WHITE/ROSE GOLD

This is an advanced tier for hard-core Crypto Earn investors. For this card, you need to stake for $40K worth of CRO (vary by region). You get 5% cash back on your everyday spending. This offers 12% interest on your CRO staking, which translates to $4.8K/year passive income. On top of that, you get free Spotify, Netflix, Amazon Prime membership (~150/year value), free airport lounge access (yourself + 1 guest), 10% cash back from your Expedia spending (up to $50/month), welcome pack (hat, T-shirt, hoody, which is worth ~$200 in total), and private membership (faster access and dedicated customer service). However, the biggest step up of benefit is the extra 2% interest for Crypto Earn program (Paid in CRO). This means total interest of 8.5% for Bitcoin, 8.5% for Ethereum, and 14% for Stable Coins. This is simply the best of best in the market. Assuming you have $50K-$1M crypto staked in Earn program, this translates to $1K-$20K additional passive income every year. In addition, the maximum deposit amount in Crypto Earn program has increased from $0.5M to $1M. This is especially useful for investors have heavy investment in Crypto Earn.

OBSIDIAN

This is the ultra-tier for hard-core Crypto Earn Investors and heavy spenders. For this card, you need to stake $400K worth of CRO (vary by region). You get 8% cash back on your everyday spending. This card offers you 12% of interest on your CRO staking, which translates to $48K/year passive income. On top of that, you get all free memberships such as Spotify, Netflix, Amazon Prime, airport lounge access. The extra benefits include 10% cash back of Airbnb spending (up to $100/month), and Private Jet Partnership. For private jet partnership, I heard that you get a free Champagne and single one-way trip of VIP ground transportation. For this tier, the most important benefits is increased maximum deposit amount for Crypto Earn from $1M to $2M. This means maximum of $1M x 8.5% (Average Interest Rate) = $85K additional annual income. I am not at Obsidian level myself, but may get there as CRO continues to climb. If you are new to crypto world, I would not advise to throw $400K just in CRO. There is tremendous risk to concentrate your investment in a single crypto. I would only recommend this tier to people who have significant amount of investment in cryptos and with a well-diversified portfolio.

THE CONS:

Prepaid Debit Card. The card is a pre-paid, rather than a regular debit card. This is understandable, given each region has different regulations toward debit card issuance. Pre-paid card is the way to work around the heavy rules. However, that means limitations with this card: you may not use it in certain circumstances like cash-related services, such as cash transfer, money orders, rent/mortgage payment, etc. For workaround, I use other cards for those situations. I am still able to use crypto.com card for most of everyday spending (>95% of situations) and happily accumulate cash back.
Withdrawal from that Card. Once topping up the card, the only way to withdraw is through ATM. You get certain amount of free withdrawals each month depends on the card tier, and 2% fee afterward. The workaround is to plan your spending wisely, and always keep some balance in card for spend.
Not a credit card. So far, the card is only a pre-paid debit card. Hope in future, crypto.com can offer credit limit that based on the staking in Crypto Earn program.

CONCLUSION (TLDR)

Overall, I believe that Crypto.com debit cards are the best-in-class. Ruby tier fits most of Crypto beginners’ needs (2% cash back + Spotify membership); Royal Indigo/Jade Green would be appropriate for investors who take advantage of Crypto Earn program (ideally $10K+ in Earn program); Icy White/Rose Gold would be for those who are hard-core with Crypto Earn (ideally $50K+ in Earn program); Obsidian would be for those who have significant amount in Crypto Earn ($1M+) and well-diversified portfolio, and heavy spenders.

Hope this help you find the card best fits your needs. Keep in mind you do not have to get the best one at the first place. You can always up level your tier later on, once more familiar with the platform and your needs.

Secure a$100 Bonus on Crypto.com with my Exclusive Referral Offer

If you need a reliable Centralized Exchange (CEX) for crypto trading, I highly recommend Crypto.com, a platform I’ve personally used and trusted for over 6 years.

By using my referral link or code to sign up, you’re eligible to receive a $100 bonus in CRO tokens. This offer is activated when you reserve your shiny metal Ruby Card or higher tier (this requires buying and holding $400 worth of CRO tokens for 6 months).

While standard promotions may advertise a $25 bonus, my rewards+ membership enhances your welcome bonus to $100. The reward amount is boosted with my referral.