Earn Crypto Rewards with Credit Cards

If you’re thinking of opening an account with a crypto rewards credit card, you’ve come to the right place. During the last few years, cryptocurrency investing has grown to new heights and has resulted in numerous companies offering specialized cards. While crypto-rewards credit cards may be tempting, it’s important to understand how these programs work before making a decision. There are a few things you should consider before signing up for one, however.

First, keep in mind that some rewards cards are limited to certain cryptos, like Bitcoin. While Bitcoin is a good long-term investment, experts recommend Ethereum and other altcoins for short-term use. If you’re looking to invest in more than one crypto, you should look for a card that allows you to invest in multiple coins. If you’re in the market for a long-term investment, then it’s best to go with these two options.

Crypto Survey Sites Reviewed

Top Rated
Add to compare
Insights Network
More details +
Survey Experience
8.8
Survey Matching
7.3
Incentive Level
6.7
Redeeming Rewards
5.5
PROS:
  • It is very simple to find open surveys
  • A legit company with well-written surveys
  • This is a great way for you to make extra income in your spare time
  • Surveys that match well
CONS:
  • Demographic questions are often asked
  • Sometimes, invitation links break
  • You can customize generic rewards more
Add to compare
Australian Clearing Pty Ltd
More details +
Survey Experience
8
Survey Matching
7.3
Incentive Level
6.6
Redeeming Rewards
5.5
PROS:
  • Surveys work well across different devices
  • Surveys that match your personal interests
  • Survey invitations in accordance with demographics
  • It does exactly as it says on the tin.
CONS:
  • Translation mistakes in questionnaires
  • It's not easy to reach the helpdesk
  • There isn't a lot of documentation.
Add to compare
Cointiply
More details +
Cointiply Review Summary
Cointiply is an innovative and feature-rich get-paid-to site where you can earn cryptocurrency for completing surveys, offers, and other tasks. With global accessibility, almost anyone can sign up and begin earning, but don't expect to earn more than $1-$2 per hour on average.
Survey Experience
7.9
Survey Matching
6.9
Incentive Level
5.7
Redeeming Rewards
5.3
PROS:
  • There are numerous ways to earn money.
  • You can withdraw funds using cryptocurrency or PayPal.
  • Global accessibility
  • Cashout requirements are minimal.
  • Loyalty bonus is unlimited.
CONS:
  • Lack of transparent online reviews
  • Very low hourly earnings
  • Lack of free gift cards
Add to compare
Bucksify
More details +
Bucksify Review Summary
Why we admire the concept, we're not completely sold when it comes to how much value Bucksify generate for its members. Taking surveys generate low incentives, and since the Bucksify token will fluctuate in value it's extremely hard for the users to understand how much they actually will be paid. At this point, we can't really see how anyone will be able to make a meaningful amount of money from this site.
Survey Experience
2.4
Survey Matching
3.1
Incentive Level
0.3
Redeeming Rewards
1.7
PROS:
  • Good concept on paper
  • Wide selection of 3rd party survey opportunities
  • Brilliant website design
CONS:
  • Low incentives for taking surveys
  • Lack of transparency in terms of the Bucksify token's monetary value
  • No information about the company behind the website
  • Hard to qualify for surveys

The second consideration is the tax implications of holding crypto rewards cards. These cards carry the same variable interest rates as other credit cards, ranging from 10% to upwards of 20% APR. Even if the rewards are worth some money in the long-term, high interest rates can easily wipe out the value of your rewards. To avoid this, make sure to pay off your balances each month to avoid paying more than you can afford. Also, it’s important to consider the terms of any new card you’re considering before signing up.

Another important consideration when deciding on a crypto rewards card is whether it limits the types of cryptos it rewards. Some cards may only allow users to buy Bitcoin, but experts recommend Ethereum and Bitcoin as the best long-term investments. If you’re interested in a wide range of coins, you should consider choosing an account that allows you to buy altcoins. You’ll need to have a clear idea of the purpose of your new card and the type of reward you’d like to receive.

In addition to the benefits of having a card that offers crypto rewards, it’s important to be aware of the potential pitfalls of crypto reward cards. While crypto rewards cards may offer you the chance to earn significant amounts of cash in the future, it’s best to be careful before using a crypto rewards card. This can lead to debt that you can’t afford. Therefore, it’s important to consider how your cryptocurrency wallet handles interest.

The most important aspect of a crypto rewards card is that it allows you to use different types of cryptos. For instance, if you want to buy Ethereum, a card that allows you to purchase other currencies may be better for your long-term investment goals. On the other hand, if you’re looking for a card that offers Bitcoin rewards, you might be better off choosing another type of cryptocurrency. Some cards only allow you to get cryptocurrency and will not let you buy altcoins, limiting your options.

Daniel Williams

Daniel Williams

Dan is from Oxford, UK and is one of our reviewers who’s been with HuginX the longest. With a background in membership support at one of the largest survey companies, Dan is in an excellent position to review panel communities.

HuginX
Logo
Compare panel features
  • Total (0)
Compare
0