Cryptocurrency exchange Gemini has introduced a new XRP-themed limited-edition credit card in collaboration with XRP.
Announced as Gemini Credit Card – XRP Edition, the card offers its users the opportunity to instantly earn XRP on their spending, according to the statement.
The new card offers XRP rewards at different rates based on spending categories:
- Fuel, EV charging, and public transportation: 4% XRP
- Meal: 3% XRP
- Grocery shopping: 2% XRP
- All other spending: 1% XRP
Users will also 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.
According to Gemini, the XRP Edition card comes with Mastercard World Elite and is available in limited quantities for users in the US. The metal card, reflecting the XRP community in terms of design, features the same functionality as Gemini’s existing credit cards but offers a special aesthetic for XRP enthusiasts.
*This is not investment advice.
