cancel
Showing results for 
Search instead for 
Did you mean: 

Thoughts on Gemini CC?

tag
CreditCuriosity
Moderator Emeritus

Thoughts on Gemini CC?

Anyone have thoughts on gemini CC have it and positive or negatives experiences?  Really thinking about getting it as has a 200 sign-up bonus if approved before end of year for 3k spend and obviously with butcoin continuing to climb what will it reach so 3% dining or 4% gas could end up being a lot more and would just move rewards off into wallet when anything decent accumulates so if exchange goes down still have bitcoin in my case and be out nothing.  I use to mine ethereum back in day and made some good money off my rigs then sold the gpus for more than i got them when knew it was coming to an end.  Miss those days Smiley Sad.  Anyways I think bitcoin certainly could hit 500k+ in coming years and could prove to be a very lucrative card that i don't have to actually buy any coin with real cash.  Opinions are welcome of pros/cons.  Pre-qualified EXP is around 835-840 atm.  Think I would get a 15-25k cl line but never know as never used webbank before.  Like the idea of a finite resource vs one that is just paper and can be printed into oblivion.

Message 1 of 9
8 REPLIES 8
Zoostation1
Valued Contributor

Re: Thoughts on Gemini CC?

I can't really speak for the card as I don't know anyone with it, but I briefly mined ethereum just from a single 3090.  I stopped before long cause I was having trouble getting a decent hash rate without burning out my GPU memory (not sure why but it seemed like I had trash level binning for the GDDR6X).

Rebuild Started Nov 2021
June 2022 FICO 8:
June 2022 FICO 9:
June 2022 FICO 10:
June 2022 FICO 10T:
July 2025 FICO 8:
July 2025 FICO 9:
July 2025 FICO 10:
July 2025 FICO 10T:
Message 2 of 9
CreditCuriosity
Moderator Emeritus

Re: Thoughts on Gemini CC?


@Zoostation1 wrote:

I can't really speak for the card as I don't know anyone with it, but I briefly mined ethereum just from a single 3090.  I stopped before long cause I was having trouble getting a decent hash rate without burning out my GPU memory (not sure why but it seemed like I had trash level binning for the GDDR6X).


3090's were not good mining cards.  I was mining off about 20 3070 FE's.  then sold for a profit.  Too much heat on 3090's also repadding needed, etc due to memory etc but another subject for another boards Smiley Happy

Message 3 of 9
unsungivy
Valued Contributor

Re: Thoughts on Gemini CC?

I have it. I like it. But I rarely use it. Physically it is the sexiest card in my wallet... beautifully clean all metal card with no numbers on it, just my name, and it's "upside down".

 

There is something thrilling about seeing that the $59.98 in Ether I originally earned is currently worth $148.58 as of this writing, and it tells me that is an increase of 147.72%.

 

It gives you the crypto rewards immediately at the time of your purchase, so you don't lose out on a good time for a particular coin if you were trying to time it.

 

My only complaint is the service fees with the Gemini platform itself for buying crypto directly, but the CC rewards actually provide a nice workaround for them.

 

I carry it because I keep telling myself I need to use it more, that 3% on dining is actually way more, etc. 🤷‍♀️

AU - Biz - Sock -
Debit Cards - Chopping Block -
Message 4 of 9
ptatohed
Senior Contributor

Re: Thoughts on Gemini CC?

 

https://www.nerdwallet.com/article/credit-cards/gemini-credit-card-crypto-rewards-no-annual-fee

 

https://milkroad.com/sponsored/gemini-credit-card/

 

 

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)
Message 5 of 9
CreditCuriosity
Moderator Emeritus

Re: Thoughts on Gemini CC?


@ptatohed wrote:

 

https://www.nerdwallet.com/article/credit-cards/gemini-credit-card-crypto-rewards-no-annual-fee

 

https://milkroad.com/sponsored/gemini-credit-card/

 

 


Ya read first one but prefer real interactions with people that have the card of pro/cons and pain points if any etc is why asked the question on forum basis just needed it expanded upon.  Main reason I haven't applied is due to gemini debacle awhile ago but CC appears isolated from that.

Message 6 of 9
CreditCuriosity
Moderator Emeritus

Re: Thoughts on Gemini CC?


@unsungivy wrote:

I have it. I like it. But I rarely use it. Physically it is the sexiest card in my wallet... beautifully clean all metal card with no numbers on it, just my name, and it's "upside down".

 

There is something thrilling about seeing that the $59.98 in Ether I originally earned is currently worth $148.58 as of this writing, and it tells me that is an increase of 147.72%.

 

It gives you the crypto rewards immediately at the time of your purchase, so you don't lose out on a good time for a particular coin if you were trying to time it.

 

My only complaint is the service fees with the Gemini platform itself for buying crypto directly, but the CC rewards actually provide a nice workaround for them.

 

I carry it because I keep telling myself I need to use it more, that 3% on dining is actually way more, etc. 🤷‍♀️


Ya in theory seems nice as could use for food/drinks or gas although gas is small charge as telework in theory i have so many other cards i use for dining whether CSP or US Bank AR or AR Go etc for dining.  This card sounds cool in theory as passive crypto investment but how much would i be able to swipe it with all my othe cards or do I get rid of CSP AF card and use this instead and the like but like the transfer to Hyatt from Chase etc.    Just looking for a use case and have one but in reality how much would it be used i dunno unless i move my pend if i truly believe eth or bitcoin will be worth 4-10x more in next several years etc

Message 7 of 9
CreditCuriosity
Moderator Emeritus

Re: Thoughts on Gemini CC?

Went for it applied / approved 20k in approval threads.  2nd card for year next card will be either Ink cash or AA credit card to restock miles mid next year.  Did good overall this year only 2 CC's.  Give it a whirl and see if can cancel some of my other CC's that I make an excuse to keep around that I only use every 4-6 months to keep alive.  Basically what I was expecting on approval amount.

Message 8 of 9
unsungivy
Valued Contributor

Re: Thoughts on Gemini CC?


@CreditCuriosity wrote:

@unsungivy wrote:

I have it. I like it. But I rarely use it. Physically it is the sexiest card in my wallet... beautifully clean all metal card with no numbers on it, just my name, and it's "upside down".

 

There is something thrilling about seeing that the $59.98 in Ether I originally earned is currently worth $148.58 as of this writing, and it tells me that is an increase of 147.72%.

 

It gives you the crypto rewards immediately at the time of your purchase, so you don't lose out on a good time for a particular coin if you were trying to time it.

 

My only complaint is the service fees with the Gemini platform itself for buying crypto directly, but the CC rewards actually provide a nice workaround for them.

 

I carry it because I keep telling myself I need to use it more, that 3% on dining is actually way more, etc. 🤷‍♀️


Ya in theory seems nice as could use for food/drinks or gas although gas is small charge as telework in theory i have so many other cards i use for dining whether CSP or US Bank AR or AR Go etc for dining.  This card sounds cool in theory as passive crypto investment but how much would i be able to swipe it with all my othe cards or do I get rid of CSP AF card and use this instead and the like but like the transfer to Hyatt from Chase etc.    Just looking for a use case and have one but in reality how much would it be used i dunno unless i move my pend if i truly believe eth or bitcoin will be worth 4-10x more in next several years etc


Yeah it really is "can I justify using this over my 5%-6% cards for those categories". However, it has no FTF so there's an arguable usage for it for those categories when traveling, as most cards with 5%-6% have FTFs. You stack it against the Savor card for dining, for example, and at both giving 3% it's easy to tell yourself to just use the crypto card instead.

 

During my most recent international trip we were working on the SUB for the USBAR, so unfortunately that large amount of needed spend won out over stocking up on crypto. Giving the timing of the crypto surge, and that the trip was in October... I'm kind of kicking myself.

AU - Biz - Sock -
Debit Cards - Chopping Block -
Message 9 of 9
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.