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

Mastercard and American crypto exchange Gemini have announced a new range of unique features on their new bonuscredit 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 say cardholders will receive their money instantly upon completion of the transaction. 

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