The cryptocurrency exchange Gemini has announced the launch of a new credit card in collaboration with Ripple, allowing users to earn XRP on their spending.
Card Terms and Rewards
The Gemini XRP Edition credit card allows users to earn XRP based on spending categories:
* Fuel, EV charging, and public transport: 4% XRP * Meals: 3% XRP * Grocery shopping: 2% XRP * All other spending: 1% XRP
Bonuses and Benefits
Card users will receive a $200 XRP welcome bonus after spending $3,000 in the first 90 days. The card has no annual fees, foreign transaction fees, or additional fees for crypto rewards.
Availability and Card Features
According to Gemini, the XRP Edition card will be available in limited quantities for users in the US. It comes with Mastercard World Elite status and features a design reflecting the XRP community. The card maintains the same functionality as existing Gemini credit cards but offers a unique aesthetic appeal for XRP enthusiasts.
The new credit card from Gemini presents an interesting opportunity for users looking to earn XRP on their everyday expenses while providing various appealing terms.
