Gemini Credit Card Gemini Credit
A plan byGemini Credit Card · Mastercard World Elite
The Gemini Credit Card is a Mastercard World Elite credit card with 0% FX markup and up to 4% cashback on categories such as gas, dining and groceries, credited instantly in 50+ cryptocurrencies. Security is backed by NYDFS regulation, but the card is US-only and is a revolving credit product.
Gemini Credit
- Price
- Free
- Annual price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 4%
- Cashback currency
- 50+ cryptocurrencies
- Cashback cap
- €300
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- Cash advance
- Net annual cost
- Free
- Min APR
- 16.49
- Max APR
- 34.49
What's included
- 1-4% in 50+ cryptos
The clause
That 4% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Mastercard World Elite |
|---|---|
| Card type | Revolving credit |
| APR | 16.49%–34.49% |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | Cash advance fee |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | 4% in 50+ cryptocurrencies · Nessuno |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 3/10 |
| Supported countries | US · 1+ countries |
| Funding / solidity | Gemini, exchange con sede a New York · 13M+ utenti |
| Estimated net annual cost | €0/year |
| Regulator | NYDFS; SEC (public company); EU member state regulators |
| OAM Italy registration | No |
| Segment | B2C |
| Past incidents | Gemini Earn collapse (2022-2023): partner Genesis halted withdrawals, ~$1.8B frozen; customers later made whole · NYDFS settlement (2024): $37M fine for compliance failures · CFTC settlement (2025): $5M fine for misleading statements about bitcoin futures |
| Funding / solidity | Gemini, New York-based exchange · 13M+ users |
| MiCA / License status | NYDFS NYDFS (US) |
Strengths
- 0% FX markup
- Up to 4% cashback on gas, dining and groceries, in 50+ crypto
- NYDFS-regulated issuer
- No notable sovereignty advantage documented.
Weaknesses
- Available only in the United States
- Revolving credit with 16.49–34.49% APR
- Top cashback only on specific categories
- Traditional credit card: not self-custody — the account requires full KYC, a credit check, and can be closed or reported to credit bureaus by the issuer.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (NYDFS (US)): reporting to authorities and freezes on order.
Verdict
The high score leans on 0% FX markup, up to 4% cashback on categories such as gas, dining and groceries credited instantly in 50+ cryptocurrencies, and an NYDFS-regulated issuer. Weighing on the consumer, though, are US-only availability, the revolving nature with 16.49-34.49% APR and a history of incidents (the Gemini Earn collapse with ~$1.8B frozen, a $37M NYDFS fine in 2024, a $5M CFTC settlement in 2025) that dents trust.
Through this lens the judgement drops sharply: a custodial, full-KYC credit card with no on-chain settlement, issued by a supervised public company. The Gemini Earn precedent — funds frozen at a partner — is the very picture of the counterparty risk the self-custody logic seeks to avoid; crypto cashback doesn't change that the model is centralised and traceable.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
In how many cryptos can I get Gemini Card cashback?
In over 50 cryptocurrencies, credited instantly at the moment of purchase.
Is the Gemini Credit Card available in Italy?
No, it is currently offered only in the United States.
Sources
- Official service page Plans & pricing · Regulatory framework · Crypto · NYDFS Data verified on Jul 10, 2026
- bitdegree.org Plans & pricing Data verified on Jun 14, 2026
- chaincatcher.com Third-party audit · Past incidents Data verified on Jun 14, 2026
- lei-lookup.com Issuer Data verified on Jun 14, 2026
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