Cryptocurrency
Crypto.com nerfs card rewards program
By betterspider  •  May 1, 2022
Crypto.com announced that it is massively nerfing its existing Crypto.com Visa Card rewards program from 1 June 2022.
  • CRO card rebates will be approximately halved
  • CRO card rebates will now be capped
  • CRO card staking rewards will be eliminated

CRO card rebates will be approximately halved

Before After
Card Tier No Stake Active Stake No Stake Active Stake
Midnight Blue 1% 1% 0.0% 0.0%
Ruby Steel 1% 2% 0.0% 0.5%
Royal Indigo / Jade Green 1.50% 3% 0.5% 1.5%
Icy White / Frosted Rose Gold 1.75% 5% 1.0% 3.0%
Obsidian 2% 8% 2.0% 5.0%
The above table reflects the new CRO cashback rebates rate from 1 June 2022. Across all tiers, the active stake cashback rebates will be approximately halved. For example, Royal Indigo and Jade Green holders will now receive only 1.5% CRO rebates when having an active stake instead of 3% previously. Those with an active 6-month stake who staked before 1 May 2022 will continue to earn CRO Card rewards on spending at the current rate until their 180-day stake expires....
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By betterspider
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