May 15, 2021

Gemini and Mastercard will issue a credit card with cashback in cryptocurrencies

Gemini and Mastercard will issue a credit card with cashback in cryptocurrencies

Mastercard and Gemini, an American crypto exchange, have announced a new set of unique features at their new bonus credit card, which will be this summer.

The new card will bring up to 3% cashback incrypt from purchases. Cashback will be automatically transferred to Gemini accounts of cardholders. Exchange users will be able to earn any of more than 30 cryptocurrencies, including bitcoin.

Bonus categories will include 3% on paymentcatering, 2% for the purchase of food and 1% for all other expenses. Cardholders will also be able to directly credit their cryptocurrency bonuses to their Gemini Earn account to increase their cashback income.

The Winklevoss twins claim that cardholders will receive their money instantly upon completion of the transaction.

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