topic Re: Gemini crypto card questions in Credit Cards

Gemini crypto card questions

IcyCool7227 — Wed, 07 Feb 2024 09:16:26 GMT

Ok I don't want to send this to the card issuer if it sounds like a stupid question but is this worth getting vs other cards? The Gemini card only earns 3% in dining vs. Redstone FCU's 5%. Also is it possible to pay the balance with crypto or is that strictly forbidden? Does anyone know about how many people have this card now? I can't imagine it's that popular. What kind of credit level is required?

Re: Gemini crypto card questions

Shooting-For-800 — Wed, 07 Feb 2024 13:37:43 GMT

I have one and my scores were/are lower than yours.

I do have more higher limit cards though.

My SL was $10k.

Have not used the crypto balance for anything other than watching it go up and down.

GL!

Re: Gemini crypto card questions

unsungivy — Wed, 07 Feb 2024 19:20:47 GMT

I have one. I kinda like it?

I have it attached to my Curve card since it's MasterCard and Curve doesn't allow Visa CCs STILL (and will never allow AMEX).

Here's the fun thing... since your rewards are immediately "in the market" you may be quickly earning more or less than 3%/2% but most likely more over time. My "all time performance" shows me that I earned $59.74 from the cashback directly, but an additional +$48.27 from the market. For me, this is a fun little no-risk way to dip into crypto with small purchases (like vending machines, which seem to count for restaurants for it) and is "free" money I wouldn't have otherwise have gotten.

It doesn't seem like there is anyway to increase your credit line at this time, however. Hard pull or not. You get what you get.

Re: Gemini crypto card questions

unsungivy — Fri, 09 Feb 2024 17:49:41 GMT

Digging into settings, it does not appear you can pay the card with crypto. Since to have the active Gemini account initially, you need to link a valid bank account or debit card you can use to buy crypto. I'm guessing you would need to cash out the crypto then pay from your cash out.

Also worth noting they added 4% for Gas/Charging... this was not originally a category they had, so now it does cover the "big 3".

Re: Gemini crypto card questions

md_rebuild — Fri, 09 Feb 2024 17:47:28 GMT

I do the same with my Acorns account.

Re: Gemini crypto card questions

ptatohed — Fri, 09 Feb 2024 21:01:24 GMT

@md_rebuild wrote:
I do the same with my Acorns account.

Me too. I have many of my cards linked to acorns. I have the 3x multiplier turned on. I have $2,782 in there now since late 2019. Granted, a lot of that is original principle and my ongoing roundup contributions. But I think I have earned over $400 in investments. I'm grandfathered in to the $1/mo account.

But I don't think acorns is exactly the same concept at the card being discussed here. With acorns, you invest the roundups (the difference in cents to the next dollar of your CC purchases) but the money comes from a bank account, not your CC reward earnings.

Re: Gemini crypto card questions

IcyCool7227 — Fri, 09 Feb 2024 22:45:40 GMT

I heard Curve ended their cashback program last Jan 4th. Why do u still have it? Does Curve do a Chexsystems inquiry when applying? Though I don't see a reason to apply if the cashback is no longer there.

Re: Gemini crypto card questions

ReturnOfTheCredi — Sun, 11 Feb 2024 02:01:11 GMT

@IcyCool7227 wrote:
Ok I don't want to send this to the card issuer if it sounds like a stupid question but is this worth getting vs other cards? The Gemini card only earns 3% in dining vs. Redstone FCU's 5%. Also is it possible to pay the balance with crypto or is that strictly forbidden? Does anyone know about how many people have this card now? I can't imagine it's that popular. What kind of credit level is required?

Rewards are earned in real time. That's probably the biggest difference between this and similar cards. And now, with the added 4% for gas and charging, I might consider using this card more after we earn our Bonvoy Boundless SUB. I refrained before mainly due to the lack of an AU option, but now that they have added that and the gas/EV category, I'm kinda excited about it. I got it a couple years ago and my SL was $14k. They haven't decreased it even with no usage over the last year and a half.

Re: Gemini crypto card questions

unsungivy — Sun, 11 Feb 2024 14:44:39 GMT

@IcyCool7227 wrote:
I heard Curve ended their cashback program last Jan 4th. Why do u still have it? Does Curve do a Chexsystems inquiry when applying? Though I don't see a reason to apply if the cashback is no longer there.

Why would I NOT still have it? 🤨

It's an amazing P2 card, for starters. When asked what card to use, the answer for most things is the Curve card, and most things are routed to the correct card.

Secondly, it allows me to fine-tune rotating categories on Discover (and other MCs if I pick one up). Thanks to moving purchases around after the fact, Discover spend at restaurants/drug stores this quarter has come to $1500.01 at 5% and the rest of the dining is back on the Savor card for 4%. Which is about as maximized as you can get. Same thing goes for hitting $500 as close as possible on the Custom Cash card for groceries monthly. I can also verify if a purchase counted for the category I thought it would on the default card, and if it didn't, move to somewhere better... even if that's to a generic card (for example, did something count as Fast Food, since dining is defaulting to my Elan with 5% for that on my card... if not, it can be moved to the Gemini for 3%. Purchases clearly not Fast Food are going on P2's Curve which has the Savor attached). Since I can move a charge up to 30 days after the fact (Go Back in Time feature), I can move charges from before a category started and have them count for the new quarter, since those cards see it as a purchase that just happened.

No foreign transaction fees on cards that would normally have them, since all the charges show as coming from Brooklyn, NY. This is, of course, if that country allows the card to process (many countries did not when I took a cruise, and customer service wasn't very helpful about that.)

My cashback is still there. I'm not earning anymore but they haven't taken it away.

STILL no Visa sucks (and no updates from the company on that front). P2 asks me constantly about that.

Not being able to attach a card to multiple Curve cards, even if it has multiple AUs UNLESS each AU card has a different CC number is frustrating (this means that my Curve has Gemini, BofA, Elan, and AU AA Biz, and P2 has Discover, Savor, Custom Cash, and AA Biz).

Sometimes there's weirdness. They refunded people some pennies via cut checks... and in P2's case they OVER-refunded by 12 cents, and then it showed owing 12 cents and I'm glad I caught it or might have been a late charge.

I do need to keep an eye on it, but it's worth the hassle unless they remove the GBiT feature. Even then, multiple cards in one (even if it's only 4 CCs and several debits) makes it worth it for a P2 card as is.

Lastly, I spent the hard pull 😜 and I'm pretty sure they're not allowing any new applicants ATM, supposedly they're fine-tuning for a re-rollout in the US. I wouldn't be surprised if they close the card down in the near future, but I'll ride the gravy train while it's still chugging along.

Re: Gemini crypto card questions

Fackither68 — Mon, 10 Jun 2024 09:25:04 GMT

Hey,

When considering the Gemini card, it's important to weigh the benefits against your spending habits and needs. While the dining rewards may be lower compared to other cards like Redstone FCU's, the Gemini card might offer other perks that align better with your lifestyle or preferences.

As for paying the balance with crypto, it's best to check the terms and conditions of the card issuer. While some cards may allow crypto payments, others may not support this option.

Regarding the popularity of the Gemini card, it's difficult to determine the exact number of users. However, you can research online reviews and user experiences to get a sense of its popularity and customer satisfaction.

In terms of credit level required, this can vary depending on the issuer's criteria. Generally, rewards cards like the Gemini card may require a good to excellent credit score for approval.

Lastly, if you're interested in accept bitcoin as a payment method, you may want to explore options for integrating cryptocurrency payments into your business. You can read more here. Platforms like BitPay, Coinbase Commerce, and CoinGate offer solutions for accepting bitcoin and other cryptocurrencies, expanding your payment options for customers.

Re: Gemini crypto card questions

swankytiger — Mon, 10 Jun 2024 16:02:29 GMT

isnt gemini going through bankrupcy?

Re: Gemini crypto card questions

Wu-Credit — Tue, 11 Jun 2024 02:09:11 GMT

Hmmm, this is an interesting choice now that they added 4% gas. And it has no FTF? Me likes.

Edit: ~~is it okay if I message one of you for a Gemini exchange referral?~~

Edit 2: check the approvals thread

Re: Gemini crypto card questions

Wu-Credit — Thu, 13 Jun 2024 22:56:22 GMT

Hi Gemini users,

Well, I got this email yesterday (a day after approval, no digital purchases yet) and my card accounts shows "suspended" when I log in.

"Hi ----,

Your Gemini credit card is now frozen for investigation. We will need one picture from you that contains all of the following:

1. Your entire face
2. Your ID that was used to register with Gemini. This was either a passport or Driver's License.
3. A handwritten note that states the current date and says “[case number]” underneath

Once you've taken a selfie that contains all of the above, please upload it via our secure Gemini Dropzone"

Does anyone have any similar experience or other support related inquiries and how long they usually take? ~~I read that Gemini support can sometimes take weeks. I hope not! lol~~

Edit: The hold was lifted this afternoon! All is well.

Re: Gemini crypto card questions

LowFICO2020 — Sun, 31 Aug 2025 18:06:05 GMT

I have interest in the XRP version of this card.

This card is through WebBank .

Does anyone know the thresholds for gettiing this card? Which bureau they check?

According to MYFICO my scores are 757/742/721.

I applied and got turned down

Re: Gemini crypto card questions

woodyman100 — Mon, 01 Sep 2025 01:54:56 GMT

@swankytiger wrote:
isnt gemini going through bankrupcy?

Re: Gemini crypto card questions

CreditCuriosity — Sat, 06 Sep 2025 17:21:03 GMT

@LowFICO2020 wrote:
I have interest in the XRP version of this card.
This card is through WebBank .

Does anyone know the thresholds for gettiing this card? Which bureau they check?

According to MYFICO my scores are 757/742/721.

I applied and got turned down

Experian. Sorry for denial as scores should be fine for card.

Re: Gemini crypto card questions

NoMoreE46 — Sun, 07 Sep 2025 16:59:33 GMT

My EXP score was around 795 when I apped with less than 5 % UTI and reported income just below six figures.

I was approved in June for $5,000 which is on the low end for SL here.

Maybe their UW is getting tighter?

@CreditCuriosity wrote:

@LowFICO2020 wrote:
I have interest in the XRP version of this card.
This card is through WebBank .

Does anyone know the thresholds for gettiing this card? Which bureau they check?

According to MYFICO my scores are 757/742/721.

I applied and got turned down
Experian. Sorry for denial as scores should be fine for card.

Re: Gemini crypto card questions

CreditCuriosity — Sun, 07 Sep 2025 17:06:16 GMT

@NoMoreE46 wrote:

My EXP score was around 795 when I apped with less than 5 % UTI and reported income just below six figures.

I was approved in June for $5,000 which is on the low end for SL here.
Maybe their UW is getting tighter?

Possibly? I was 830ish or 840ish when i applied and given 20k higher income though and around 1% utilization although doubt that matters between 1 and 5. Just weird they were turned down with decent scores and webbank isn't know to be the hardest lender by any stretch unless gemini puts additonal requirements on top.

Re: Gemini crypto card questions

unsungivy — Sun, 07 Sep 2025 17:10:55 GMT

@woodyman100 wrote:
@swankytiger wrote:
isnt gemini going through bankrupcy?
No

No. But they are launching their IPO now.

Re: Gemini crypto card questions

NoMoreE46 — Sun, 07 Sep 2025 17:16:56 GMT

@CreditCuriosity wrote:
@NoMoreE46 wrote:

My EXP score was around 795 when I apped with less than 5 % UTI and reported income just below six figures.

I was approved in June for $5,000 which is on the low end for SL here.
Maybe their UW is getting tighter?

Possibly? I was 830ish or 840ish when i applied and given 20k higher income though and around 1% utilization although doubt that matters between 1 and 5. Just weird they were turned down with decent scores and webbank isn't know to be the hardest lender by any stretch unless gemini puts additonal requirements on top.

Was the SUB ($200 in Crypto) active when you were approved @CreditCuriosity ?