Crypto.com has announced huge negative changes to their lineup of debit cards. Crypto.com basically offers five different tiers and requires staking crypto for 180 days to get in that tier. The changes are as follows:
The negative earning rates are bad enough, but Crypto.com is also introducing a rewards cap as follows:
- Ruby Steel: $25 monthly cap
- Royal Indigo / Jade Green: $50 monthly cap
- Icy White, Frosted Rose Gold, and Obsidian cardholders: No cap
Crypto.com has been criticized for making these changes without informing cardholders directly, with many finding out from social media. For more discussion of these changes I’d recommend this reddit thread.
