Gemini and Ripple Launch XRP Rewards Credit Card

Gemini is teaming up with Ripple to roll out a new credit card that makes XRP part of everyday spending. The card, issued by WebBank on the Mastercard network, offers crypto rewards on categories from fuel to dining — all deposited directly into a Gemini wallet.

Good to know

• Up to 4% back in XRP on fuel, EV charging, rideshare, and transit.
• No annual fee, foreign transaction fee, or exchange fee.
• Early users approved by June 30, 2025, earn a $200 XRP bonus.

Cardholders earn 4% back on travel and commuting, 3% on dining, 2% on groceries, and 1% on everything else. Partner merchants can push rewards as high as 10%. Once deposited, XRP can be held, swapped, or cashed out in Gemini.

Tyler Winklevoss, Gemini’s co-founder and CEO, called the launch “a bridge to the future of finance,” pointing to XRP’s popularity as a rewards option over the past year.

The rollout comes alongside Gemini’s expansion of Ripple USD (RLUSD), Ripple’s dollar-backed stablecoin now topping $640 million in market cap. RLUSD is available as a base currency across all U.S. spot pairs, lowering conversion costs.

Ripple previously extended a $75 million credit line to Gemini, strengthening ties as the exchange prepares for a U.S. IPO and builds out its European presence under Malta’s MiCA framework.