5 Ways To Earn with Gemini Credit Cards
1. The obvious and easiest way to earn money with the Gemini Credit Card is to use it to pay your everyday expenses. Every time you use the credit card you will get a cashback reward. This is nothing new with credit cards.
However, the Gemini Credit Card cash back reward is better than most cards.
4% reward for purchases of gas, EV charging, and transit like subway, taxies, buses, and rideshare (Uber, Lyft etc.)
3% reward for purchases in bars, restaurants and fast food
2% reward for purchases in grocery stores
1% reward for purchases everywhere else
Even if you have a credit card that does pay higher rewards in some situations, you could simply use this card for all the occasions and categories where it does pay higher. Plus, you have the potential even more earnings with the other ways mentioned below.
2. For new accounts. you would receive a $200 reward if your purchases total $3,000 within the first 90 days of opening the account.
Now, you may think that you don’t spend nearly that much in three months. But, consider the $200 reward is effectively a 6.6% return. If you pay rent, property taxes and insurance you just might be able to reach that spending requirement. You can even afford to pay some services fees when you make these payments and still come out ahead.
For example, when I pay property taxes I just send them a check because there is a 2.55% service fee for credit card payments. But if I use the credit card to pay the taxes, I would absorb the service fee, get a 1% credit card payment reward and then collect the $200 reward. Even if I only used the credit card for the entire $3,000 I’d still be ahead by $153.50
3. The Gemini Credit Card is also different than most credit cards. The cash back rewards that you get and referral bonuses that you earn are all received in the form of cryptocurrency.
You can choose any crypto currency you want. The rewards are also automatically received when the purchase goes through. Depending the cryptocurrency that you receive, you have a potential for appreciation!
4. You can also automatically “stake” your SOL crypto and earn up to 6% on the balances.
That is so different from traditional credit cards rewards which are static rewards and have absolutely no chance of increasing in value no matter how long you let them accumulate.
5. If you refer friends and family to Gemini and they are approved for the credit card, you will get a $50 per person referral bonus. Plus, for every fifth referral you will earn a $250 bonus.
With this program you can earn up to $5,000 – now that’s a really GREAT reward.
