Crypto.com Is Changing Their Referral Bonus from $50USD to $25 USD from 1 Nov 2020

LSarinella on 26/10/2020 - 18:00
Last edited 26/10/2020 - 18:00

Moved to Forum: Original Link

Hey Everyone- Wanted to inform you that the crypto.com referral bonus will change from $50 USD to $25 USD from 1 Nov 2020.

The MCO Visa Debit card requires a small crypto stake (purchase and invest crypto.com's currency and hold for 6 months). At current prices, the Ruby Red metal card requires a $137 AUD minus a $50 USD referral bonus. After staking, you will be able to receive the debit card and can top it up directly from your forex fee free debit card and spend on your everyday purchases to get 2% cashback. the higher amount of CRO you stake, the higher cashback you will receive (1-8%) plus you will get reimbursement on Spotify/Netflix/Amazon Prime membership. with Ruby card you can get a Spotify membership reimbursement for couples.
see their card features here: https://crypto.com/en/cards.html

you can top up your crypto.com metal card with any debit card that doesn't charge international transaction fee or your crypto holdings. Also you can buy crypto through app using credit/debit card or BPay/PayID.

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Comments

  • lvlutt on 26/10/2020 - 18:01

    VimWorld!

  • CamM on 26/10/2020 - 18:04
    +1

    Wanted to inform you that the crypto.com referral bonus will change from $50 USD to $25 USD from 1 Nov 2020.

    Reverse bargain?

    • whooah1979 on 26/10/2020 - 19:03

      Cheap CRO is the bargain.

  • arctan on 26/10/2020 - 18:07

    No more woolie and aldi 10% off. Not sure if I will continue to use the debit visa card.

  • nightelves on 26/10/2020 - 18:07

    You forgot to mentioned that after 2nd November the staking cost also goes up.

  • OzCheapo on 26/10/2020 - 18:10

    Watch out for this mob after the CEO Kris took a big dump and tanked the price of CRO. It's happened twice in the six months I've staked with them. (I couldn't exit as they reset the staking term to three months when MCO was phased out)

    Also unless you're willing to stake on higher tiers, don't expect the cards to come. I've been staking since July and still haven't had my card. This means don't expect to use any benefits.

    That said, if you want to jump in, you have a good price.

    • halfnhalf71 on 26/10/2020 - 18:16

      I've got my card. Had it for over a year. Just use it for the "free" Netflix and Spotify

      • OzCheapo on 26/10/2020 - 18:26

        I couldn't get the card due to the Wirecard issue. And I wouldn't call Netflix and Spotify free given the free fall in CRO price.

        That said, it's better than what I got which is nada but a haircut to my crypto holdings

  • TeddyBear on 26/10/2020 - 18:15

    I heard they recently blacklisted Australian utility companies like electricity or gas providers from card cashbacks, despite not being listed in their T&C's. It seems they want to remove cashback eligibility for fixed expenses.

    • Sarinella on 26/10/2020 - 18:26

      I was charged for my electricity and Gas today and received the cashback from them.

      • TeddyBear on 26/10/2020 - 18:31

        I saw it mentioned in this post. It might not apply to every company, yet.

        Who are you with? I would be interested to know if AGL is on that list.

        • Sarinella on 26/10/2020 - 18:35

          I'm with Globird

      • ja912son on 26/10/2020 - 18:59

        Good to know! I'm with Globird too.
        Accidentally used MCO for RACV and home insurance renewal, but didn't get any cashback. I guess they're excluded.

  • peter05 on 27/10/2020 - 02:38

    are they issuing cards to australians yet? last time this was posted they had issues with their card provider and it was paused?

    • barry345 on 27/10/2020 - 11:50

      yep they are currently issuing , however the stakes required for cards increase from NOV 2 by 2.5* ie Ruby was 1000cro now 2500cro

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