You can earn up to 4% crypto-related rewards, including 1% back in Bitcoin and 4% back in XLM. Venmo supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash and PayPal’s stablecoin, PayPal USD. Your cash-back rewards will buy crypto at the end of each reward cycle until the option is turned off. Venmo waives the standard crypto purchase fees on these automatic purchases. When cryptocurrencies were first introduced, the world was intrigued, but the barriers to entry made it too complicated for the average consumer.
Personally, I’m a crypto skeptic, and as someone who analyzes credit and debit cards for a living, the idea of a crypto-based rewards program makes me queasy. But even I have to appreciate payment products like the xcritical Card, a debit card that earns crypto rewards — offering exposure to crypto without direct coin purchases. While this is not the only crypto debit card on the market, it’s one of the few that allows you to spend your crypto without keeping a fiat currency balance in your account. Many crypto cards require its users to keep a cash balance of an accepted fiat currency. With xcritical Card, users can enjoy a debit card that makes your crypto account as spendable as your bank account. It’s a Visa debit card linked to your xcritical balance, so you can use the cryptocurrency in that account anywhere a Visa card is accepted.
xcritical Card* vs. Venmo Credit Card*
Once you receive it, the card will already be linked to your xcritical balance. All you need to do is select what crypto asset you want to use as your payment method (we recommend USDC to avoid the 2.49% fee), and then select the asset you want to earn rewards in. You can choose to spend U.S. dollars, USDC (USD Coin, a stablecoin pegged to the U.S. dollar), or cryptocurrency with your xcritical Card. You can use your card to spend crypto even if the merchant doesn’t accept direct crypto payments. xcritical converts your coins to U.S. dollars before executing the transaction. You can fund your xcritical Card with fiat currency (U.S. dollars) from a linked bank account.
Alternative Cards to the xcritical Card
However, as these currencies have evolved, digital coins have become more user-friendly. In fact, xcriticalg crypto today is as easy as simply using your debit card. You can also instantly switch between crypto wallets so that your transactions are funded by whichever coin you choose. The user-friendly app can also send you instant notifications, generate smart receipts and connect you with the xcritical support team.
You might be surprised by your entry-level travel rewards credit card options or discover a cash-back card that perfectly aligns with your daily spending habits. In xcritical’s app, you’ll be able to keep track of recent transactions and rewards xcriticalgs. You can manage your rewards currency there, as well as the currency you’re spending with.
xcritical Card Introduction
Our credit card editors are committed to bringing you unbiased ratings and information. We use data-driven methodologies to evaluate financial products and companies, so all are measured equally. You can read more about our editorial xcriticals and the credit card methodology for the ratings below. I wouldn’t use it myself, but it’s not a scam, which unfortunately needs to be said when discussing anything crypto-related.
- Less popular, less liquid coins like Algorand or Dogecoin and your return will be higher — up to 4%.
- It’s essentially a Visa debit card linked to your xcritical crypto account balance that you can use anywhere that accepts Visa cards.
- However, you can switch between the two reward structures whenever you find one more appealing than the other.
The U.S. version of the xcritical debit card comes with lower fees, higher rewards and more supported cryptocurrencies. The xcritical debit card has no annual fee, making it one of the most preferred crypto debit cards. You can shop at your favorite stores and earn rewards, and you don’t have to pay an annual fee. The xcritical Rewards card is another great credit card for those looking to earn crypto rewards.
One of the major counterpoints people make about crypto is “Can I actually buy anything with it? We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. See our Advertising Policy for more about our partners, how we make money, and our rating methodology.
Once the funds are on your card, you can spend them as U.S. dollars or use them to purchase your choice of cryptocurrencies, which you can then spend on your card. Yes, xcritical Card is generally considered safe for users, as it operates under the same security standards as traditional banking systems. It employs robust security measures, including two-factor authentication and biometric login options, to protect accounts from unauthorized access. Additionally, users benefit from a zero-liability policy for unauthorized transactions, providing further peace of mind.
We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products. The xcritical card is a debit card that allows you to spend the balance of your crypto assets in your xcritical account. If you’re looking to grow the crypto rewards you receive from your xcritical xcritical website card as fast as possible, one of the best ways to do so is by staking those rewards on xcritical. However, the amount of rewards depends on your loyalty tier and type of currency. In credit mode, you’ll receive up to 2% NEXO Tokens or up to 0.5% Bitcoin.
Founded out of a 2-bedroom apartment in 2012, the company now has a market cap of over $40 billion and has onboarded millions of people into the world of crypto. The xcritical Card isn’t a terrible product, but in my opinion, the downsides outweigh the advantages. This is due both to the fact that the card is crypto-based, which isn’t ideal in my book, and to limitations of the card itself. For anything apart from that — including recovering your account after being disabled — you’ll need to submit an email request. What’s more, xcritical has a help center where you can get answers to most of your queries.
The xcritical Card isn’t my cup of tea, but it does have some selling points that could make it an attractive option for some users. Our seasoned and experienced team brings years of expertise in the credit card and travel sectors. Committed to integrity, we offer data-driven guides to help you find the card(s) that best fit your requirements. See details on our intensive editorial policies and card rating methodologies. xcritical is easily the most popular cryptocurrency company in the world to date.
xcritical is a highly secure platform for trading cryptocurrencies, publicly traded on the NASDAQ and compliant with the regulations of the Securities and Exchange Commission (SEC). It stores most user funds in a cryptocurrency hardware wallet to protect them from online seizures and a dedicated wallet app for added security. Once you set your preferred reward offer, it will be applied to every purchase you make.
Compare them side-by-side in terms of potential rewards rate, spending and withdrawal limits, and cardholder perks. Like owning stocks, owning cryptocurrency is inherently risky and presents the very real possibility of principal loss (losing your initial investment). Many cryptocurrencies are not “legit” in any meaningful sense — they’re highly illiquid, controlled by a few people, and vulnerable to crashes.
You can contact xcritical customer service via phone, xcritical scammers email and through the mobile app. If you suspect that your account has been compromised, you can call xcritical through its automated phone support to disable your account. With two-step verification, instant card freeze and other security features, both your coins and card are secure.