# What are the best bitcoin rewards credit cards available in 2023?

Jessica Washington · August 4, 2026

> Bitcoin rewards credit cards have gained popularity as they allow users to earn cryptocurrency instead of traditional cash back or airline miles...

Bitcoin rewards credit cards have gained popularity as they allow users to earn cryptocurrency instead of traditional cash back or airline miles, providing an alternative investment opportunity through everyday spending.

Many credit card issuers are now offering crypto rewards, with some cards enabling users to earn rewards in popular cryptocurrencies like Bitcoin, Ethereum, and even various altcoins.

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The Gemini Credit Card is one of the few credit cards that deposits crypto rewards immediately into a user's account, allowing for instantaneous asset accumulation rather than delaying rewards for the following payment cycle.

The Upgrade Bitcoin Rewards Visa Credit Card, prior to its discontinuation in 2023, offered an enticing reward structure that allowed users to earn 1.5% back in Bitcoin on every purchase, appealing to those looking to maximize their crypto portfolio.

Most cryptocurrency rewards cards do not charge foreign transaction fees, which can benefit international travelers who want to earn cryptocurrency while making purchases abroad.

Some brands offer category bonuses, with the Gemini Card providing 3% cash back on dining and 2% on groceries, which can lead to significant crypto rewards for users who regularly spend in these categories.

Unlike traditional credit cards that might have high APRs, certain crypto rewards cards feature lower interest rates, making them potentially more appealing to consumers seeking to manage debt responsibly.

Users can often redeem their crypto rewards for cash back or convert them to other cryptocurrencies, providing flexibility in how they choose to use what they've earned.

The BlockFi Rewards Visa Signature Card was significant as it was the first credit card to offer Bitcoin rewards, demonstrating a shift in how credit cards can integrate digital currencies into their rewards structures.

Carrying a balance on a crypto rewards card could negate the potential gains from crypto appreciation, as users incur interest charges that could be higher than the rewards earned.

Many cards provide an option to set rewards to automatically convert into specific cryptocurrencies, adding a layer of automation for users who want to keep their crypto investment strategies simple.

The crypto market's volatility means that rewards earned can fluctuate in value, making the potential earnings from a crypto rewards card less predictable than traditional cash back.

Some crypto credit cards offer robust mobile apps that sync spending activity in real-time, which helps users keep track of their crypto earnings and overall financial health.

The growing regulatory landscape surrounding cryptocurrencies means that the terms of rewards cards might evolve, as companies adjust to new compliance requirements.

Some issuers are incorporating blockchain technology to enhance the transparency of transactions and rewards tracking, reducing fraud risks compared to traditional credit cards.

There has been an increase in consumer interest for crypto rewards cards as Bitcoin and other cryptocurrencies have gained broader acceptance and recognition as legitimate financial assets.

Certain rewards programs allow users to choose from multiple cryptocurrencies upon redemption, giving them the power to diversify their holdings based on market trends.

Crypto rewards cards can serve as a gateway for users unfamiliar with cryptocurrency, providing an easy entry point into the crypto economy as they earn rewards effortlessly.

The environmental impact of cryptocurrency mining remains a concern for many, and some credit card issuers are seeking to adapt their offerings by prioritizing greener options, such as partnerships with eco-friendly enterprises.

As of October 2023, ongoing developments in the cryptocurrency sector could lead to new entrants into the crypto rewards card market, as traditional banks and emerging fintech companies innovate to attract crypto-savvy consumers.

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