Crypto exchange and custodian Gemini, founded by the Winklevoss twins, has rolled out an XRP version of the Gemini Credit Card, offering customers up to 4% cash back in XRP. This strategic move happened in collaboration with Ripple Labs, the company behind XRP. The XRP version of the card is only available to U.S. residents. Following the XRP version credit card, Gemini flipped Coinbase on the US iOS App Store.
The special XRP edition gives customers and the XRP army new ways to earn XRP, said Tyler Winklevoss, Co-Founder and CEO of Gemini.
What can you expect from Gemini’s XRP edition credit card?
Gemini’s XRP edition credit card is so juicy, offering cash back starting from 4%
According to the crypto exchange, customers can earn beyond the 4% back in XRP.
- 4% back in XRP
Users can receive cash back on gas, EV charging, and rideshare. For instance, if you spend $60 on gas, you will instantly receive $ 2.40 worth of XRP ($60 x 4% = $ 2.40). - 3% back in XRP
Users can receive 3% back in dining. - 2% back in XRP
The XRP-based Gemini credit card will also give you 2% back on groceries. - 1% back in XRP
You can also avail of 1% cashback on other purchases.
Instantly receiving XRP as rewards is one of the key features of this credit card. Unlike traditional cashback programs that pay out in cash or statement credits, the Gemini XRP Credit Card delivers XRP directly to your account. You will see XRP landing in your Gemini account soon after the purchase clears.
Besides the aforementioned cash backs, the crypto has teamed up with certain stores, services, or brands to offer you “10% back on qualifying purchases for all Gemini Credit Card holders.” No matter which crypto you have chosen for rewards, you can earn this 10% cash back.
What other coins does the Gemini Credit Card support?
Worth noting, this card does not lock you into XRPs alone; you can earn rewards in other coins, offering a vast spectrum of reward options. Cardholders can receive rewards in over fifty cryptocurrencies such as Bitcoin, Ethereum, Arbitrum, Filecoin, Dogecoin, Solana, Polkadot, and more.
Benefits of the Gemini Credit Card
- No annual fees
- No fee upon receiving crypto rewards
- No fee on foreign transactions
- You can switch your rewards coin
- Receive premium partner benefits via the Mastercard World Elite program for subscription to movies, grocery deliveries, ride credits, day passes to hotels or resorts, and more.
Gemini’s close relation with Ripple
Gemini has already built a close relationship with Ripple by listing stablecoin Ripple USD (RLUSD) in May 2025. Following this listing, the coin rallied up to 27%. Last week, Ripple contributed $75 million credit line to Gemini for listing on the Nasdaq and RLUSD expansion. Analysts predict that RLUSD could climb to become on eof the top six USD stablecoins by the end of 2025.
