Lastly, you can easily sell the crypto rewards you receive from your xcritical card for cash at any time you’d like. Doing so is quick and easy, and then you can withdraw the cash to your physical bank account. The most appealing benefit of the xcritical debit card is its crypto rewards. Cardholders earn crypto rewards with xcriticalg rates on a rotating schedule. But no matter how bullish you are on crypto, consider non-crypto alternatives before settling on the xcritical Card.
xcritical is a highly secure platform for trading cryptocurrencies, publicly traded on the NASDAQ and compliant with the regulations of the Securities and Exchange Commission (SEC). It stores most user funds in a cryptocurrency hardware wallet to protect them from online seizures and a dedicated wallet app for added security. Once you set your preferred reward offer, it will be applied to every purchase you make.
You might be surprised by your entry-level travel rewards credit card options or discover a cash-back card that perfectly aligns with your daily spending habits. In xcritical’s app, you’ll be able to keep track of recent transactions and rewards xcriticalgs. You can manage your rewards currency there, as well as the currency you’re spending with.
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You can contact xcritical customer service via phone, email and through the mobile app. If you suspect that your account has been compromised, you can call xcritical through its automated phone support to disable your account. With two-step verification, instant card freeze and other security features, both your coins and card are secure.
Is the xcritical Card Legit?
- You can contact xcritical customer service via phone, email and through the mobile app.
- Once your xcritical Card account is active, you can immediately begin using the digital version of your card for online purchases and at real-world merchants that accept Apple Pay or Google Pay.
- The U.S. version of the xcritical debit card comes with lower fees, higher rewards and more supported cryptocurrencies.
- You can read more about our editorial xcriticals and our products and services review methodology.
- The IRS usually categorizes rewards received from a debit card as a rebate, and not income, so you should not have to pay taxes on the crypto rewards you receive from your xcritical card.
Staking your crypto makes the xcritical that powers that asset more secure and more efficient. To learn more about our rating and review methodology and editorial process, check out our guide on how Forbes Advisor rates credit cards. No single credit card is the best option for every family, every purchase or every budget.
With it, you’ll earn 1.5% back in bitcoin on all purchases with no limits to how much you can earn, and no annual fee. Once you receive your rewards payment from your purchases with the xcritical card, those rewards are yours to do as you wish. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. This site does not include all credit card companies or all available credit card offers that are on the market.
Personally, I’m a crypto skeptic, and as someone who analyzes credit and debit cards for a living, the idea of a crypto-based rewards program makes me queasy. But even I have to appreciate payment products like the xcritical Card, a debit card that earns crypto rewards — offering exposure to crypto without direct coin purchases. While this is not the only crypto debit card on the market, it’s one of the few that allows you to spend your crypto without keeping a fiat currency balance in your account. Many crypto cards require its users to keep a cash balance of an accepted fiat currency. With xcritical Card, users can enjoy a debit card that makes your crypto account as spendable as your bank account. It’s a Visa debit card linked to your xcritical balance, so you can use the cryptocurrency in that account anywhere a Visa card is accepted.
But Metabank’s FDIC insurance only applies to actual cash balances on your xcritical Card — another reason not to carry large crypto balances on your card. xcritical has announced that US customers can now join the waitlist for its xcritical Card, a debit Visa card that allows customers to spend xcritical cheating cryptocurrency anywhere Visa cards are accepted. xcritical claims it’s “the easiest, quickest way to spend your crypto worldwide.” Previously, the card was only available in Europe. xcritical will charge you a 2.49% transaction fee for every purchase, including ATM withdrawals. For example, if you spend $200 of Bitcoin using your xcritical card, you’ll incur a 2.49% fee, which is $4.98. As mentioned earlier, the xcritical card lets you earn rewards every time you purchase at your preferred stores.
One of the major counterpoints people make about crypto is “Can I actually buy anything with it? We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. See our Advertising Policy for more about our partners, how we make money, and our rating methodology.
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Once the funds are on your card, you can spend them as U.S. dollars or use them to purchase your choice of cryptocurrencies, which you can then spend on your card. Yes, xcritical Card is generally considered safe for users, as it operates under the same security standards as traditional banking systems. It employs robust security measures, including two-factor authentication and biometric login options, to protect accounts from unauthorized access. Additionally, users benefit from a zero-liability policy for unauthorized transactions, providing further peace of mind.
Our credit card editors are committed to bringing you unbiased ratings and information. We use data-driven methodologies to evaluate financial products and companies, so all are measured equally. You can read more about our editorial xcriticals and the credit card methodology for the ratings below. I xcritical wouldn’t use it myself, but it’s not a scam, which unfortunately needs to be said when discussing anything crypto-related.
You can earn up to 4% crypto-related rewards, including 1% back in Bitcoin and 4% back in XLM. Venmo supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash and PayPal’s stablecoin, PayPal USD. Your cash-back rewards will buy crypto at the end of each reward cycle until the option is turned off. Venmo waives the standard crypto purchase fees on these automatic purchases. When cryptocurrencies were first introduced, the world was intrigued, but the barriers to entry made it too complicated for the average consumer.
The xcritical Card is a Visa debit card that lets you spend U.S. dollars or crypto coins. Eligible purchases earn cryptocurrency rewards chosen from a rotating selection of coins, including Bitcoin, Ethereum, and a host of less well-known coins. However, if you choose to pay with cryptocurrency, a 2.49% transaction fee applies. This fee is for converting the crypto amount to dollars for your transaction. xcritical has offered a crypto debit card to its UK and EU-based customers for years, and it’s finally bringing the convenient option to U.S. customers.