In this episode of That Tech Pod, Kevin and Laura dig into the Gemini Credit Card, a flashy, crypto-backed rewards card created by the Winklevoss twins and issued by WebBank and Mastercard. Is it a smart move for crypto enthusiasts or just another fintech gimmick?
We break down the card’s history, perks, and pitfalls: you’ll earn up to 4% back in crypto on everyday purchases, choose from 60+ cryptocurrencies, and enjoy no annual fees. But while the concept is solid, users report some real concerns including slow customer service, transaction issues, and tricky tax implications. We compare Gemini to the Chase Sapphire Reserve and debate whether instant crypto rewards outweigh the lack of travel perks and occasional service headaches. We read actual user reviews, share personal experiences, and reflect on the broader trend of crypto creeping into everyday finance.
Is the Gemini card a useful tool for passive crypto investing or a volatile ride best avoided? Tune in for the full breakdown. Plus and hear about that time Laura got unlimited coffee and went to a Ja Rule party thanks to another infamous credit card, Magnesis.