By applying for a free Crypto.com Visa Debit Card
Where did the Bitcoin come from
Some years ago, I started mining cryptocurrency using display cards. Eventually as the cost went up and the rewards plummeted, I shut down my miners, leaving behind display cards and some Bitcoins.
I kept the Bitcoins and did not sell it when it hit $19,000 in 2017, nor when it reached $9,000 in 2019. Now, it’s at $5,400. For some unknown reason, I never meant to spend my Bitcoins. Perhaps I’m dreaming for one day when Bitcoin reaches $100,000 and I’m gonna be rich, like crazy rich. (which we all know it’s not going to happen)
Applying for a free Crypto VISA card
Nevertheless, since I’m going to hold on to my Bitcoins anyway, I found that I can actually get Spotify Premium for free by applying for a free Crypto.com Visa Debit Card.
There’s no fee whatsoever in applying for a card, not even shipping fee. But there’s a catch, you have to hold at least 50 MCO stake in order to enjoy 100% Spotify rebate, and the rebate is in the form of MCO.
Breakeven in 14 months
When I applied for this card, 1 MCO is around US$5. So for holding US$250 equivalent of MCO, I get to enjoy Spotify Premium for free. Now Spotify Premium costs US$9.99 a month, this means I’ll breakeven starting from the 25th month.
That’s okay for me, but luckily for you, thanks to Communist China, 1 MCO is just US$2.8 at the time of writing, as the coronavirus pandemic has sparked a liquidity crisis across the financial markets. At this rate, you’ll breakeven starting from the 14th month.
Card Tiers
There’re 4 card tiers, if you are willing to hold on to more MCO stake, you can have free rebate to the following services: Netflix rebate at US$12.99/mo, Amazon Prime rebate at US$12.99/mo, free Expedia rebate at a maximum US$50/mo, free Airbnb rebate at a maximum US$100/mo. You can even get Airport Lounge Access if you hold 500 MCO stake.
Unboxing the Card
I ended up holding 50 MCO stake only, and I got the ruby card. Upon receiving the card, I have to say it’s really premium. The card is made of Composite Metal, it weights heavier than the Apple Card, feels nearly identical to the American Express Platinum card.
So, if you have some Bitcoins to spare, why not apply for a free card? If you use my referral link https://platinum.crypto.com/r/ps5ftwftrc to sign up for Crypto.com, you will get free $50 USD!
10% Off on food delivery orders
Beginning today and for three months (Apr, May, Jun 2020), Crypto.com offers a series of measures in order to provide support from the impact of global Coronavirus pandemic. They include:
- Waiving the 3.5% credit/debit card fee for cryptocurrency purchases for all users for 3 months
- Increased rebates for essential purchases (food, groceries and delivery) to 10%.
You can see the details at https://blog.crypto.com/crypto-com-waives-3-5-credit-card-fee-for-crypto-purchases.
Where are my display cards now?
I managed to gift most of the display cards to my friends who played CS-GO with me, but sadly I still got 4 GTX 1070 Ti left under my bed.