Crypto.com cash/cryptoback credit card

If it helps: I got a new card issued for free when my old one (early 2020 DE issue) started to delaminate at the corners.

Since I don’t keep it in my wallet anymore this one should be fine until the end of its validity in mid 2027.

Update:

The 196k CRO required back then are worth CHF 23k now. Then I received another 50k CRO as part of staking and the 5% cashback being worth CHF 5k now. So in total I am down approx. 20% or CHF 7k which is not too bad in the crypto space.

My program will end by end of this month. I will continue to use the card and top up the required cash amount to keep my status.

I very much enjoy using the card. One card for all purposes, spot market like FX conversions and providing 3% on top with the potential of significant value appreciation over time.

Why topup to keep the status? If you don’t unstack, the status stays, right?

I need to stake 35k to keep my status, so I am missing 7-8k as of now. Otherwise I will be downgraded and I don’t feel the lower tiers aren’t that attractive.

But because you unstaked. Otherwise you could have left your stake there , dwindling etc.
my stake is down 70% or so but I’m still staked so nothing changes (i think?)

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The staking rewards are the same (8% for me) but the card rewards go down. E.g. only one person in airport Lounge etc.

oh sheesh. That’s probably why they didn’t reinbourse my netflix this month. I did miss that part.
I’m not going to throw more money to the fire.

Hmmm, I did not un-staked and I do get full benefits on my card.

It’s strange indeed. I do get Netflix, and the 3% Cashback but no longer the Lounge access for two ppl (or is that reimbursed with delay?)

I have seen that usually there is a delay. They take the full amount for the guest and after some days or weeks they cancel the transaction.

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Might be worth buying some CRO here. World cup might mark the lows for CRO.
They should still have lots of funds from their ICO, if they did not mismanaged the funds they should be better off than many other smaller exchances even after the big shopping and sponsor expenses.

Just one notice from me about Binnance and BNB. Thai are not one tiny bit better than any other CEX.
There is not 1 good or reputable project on BNB BSC.
On top of that, Binnance try to make user withdraw trough BSC, this means the following things; you hold your BTC, ETH or whatever on the centralized chain that BSC represents, its nt a decentralized chain, it is controlled by Binnance itself.

You basically give Binnance your BTC for a coupon on BSC to reedem the Bitcoin (or any other token) at a later moment. If CZ or Binnance don’t want to, they can deny, hold or shut down the entire BSC at any moment and you can’t do anything about it. If you hold funds on Binnance and want to withdraw them, please do that over the native chain.

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Has anyone alread updated their card? I think probably not since it should last 2-5years at least. I wonder if it cost 50Eur or not. It’s unclear from their fees imho.

I also wonder if you need a card for staking and then withdrawing eur from the account. Next year I won’t get any reward and I wonder if I still need to keep the card, especially because now my “investment” is worth a bit more of those costs…

I’d like to leave CRO staked and see if in a distant future I can get back at leaast a third of the money I wasted on it…

Do we know what exactly changes with them as new card issuers? I didn’t bother to go thru the fine print and they didn’t bother to summarize it :frowning:

Mid December crypto.com seemed to have started charging a 2.2% foreign transaction fee for all payments in CHF on my account for some reason. I believe on their system I was somewhere between Icy White and Royal Indigo tiers because I got the cashback from Icy White but the monthly FX limits of Royal Indigo. Well that was the last drop in the bucket and I’ve now cancelled the card.

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I have used yesterday to pay netflix for the last time, since from mid Jan they will stop paying for it.
I am now wondering if I have to cancel it or keep it there and use it from time to time, but I have no idea what will happen in 2027 (when the card expires). I don’t want to pay any cents to them anymore.
I still have my stacked CRO though. If I keep the card, I can get 20-30cts per week (lol). Not sure what happens if I cancel the card. They probably get unstacked. The alternative now is to put all CRO somewhere else, but I have no idea where. The thread about stacking is a bit outdated.
What are you going to do with all your CRO? IIRC you should have ~3k CHF on it.
edit: ops. i keep repeating myself, sorry.

I’ll move them to the Crypto.com defi wallet where I can stake them at 10.92% interest.

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I just wanted to let you know that I have closed my CDC account and cancelled the credit card.

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Hi, Anyone still using this card? :slight_smile: Just got an email for them to start using Priority Pass instead of Lounge Key.
How do you sign up for the free usuage, when I try, I have to pay a yearly subscription?

From 31 May 2023, you will no longer be able to use your LoungeKey™ account. To ensure seamless access to the lounges, please register for a Priority Pass™ membership from 31 May 2023 and before your next lounge visit. You may not be able to access lounges without a valid Priority Pass™ membership.

If I understand correctly you should register after 31st of May.