CryptoSpend Rewards

Frequently Asked Questions

Who can participate?

All CryptoSpend card holders are eligible to participate!
You can earn up to 3% of XRP tokens for any purchase made with your CryptoSpend card.You can use either the digital or physical card and you can track your XRP rewards when you click on XRP.

What is it?

The CryptoSpend XRP Rewards Program allows users to earn up to 3% back per transaction in XRP rewards when spending on the CryptoSpend Card. This includes transactions made in crypto and Australian dollars. So users will be able to spend AUD and earn crypto!

The CryptoSpend Card is available as a physical card and digital card (through Apple Pay and Google Pay), and it works instore and online, in Australia and overseas.

The CryptoSpend Card is commonly used when spending on/at:

Groceries
Restaurants/Cafes/Pubs
Fuel
Online Shopping
Online Food Delivery
Transport

How Does it Work?

For every eligible transaction made with the CryptoSpend Card, you will earn up to 3% back in XRP. It will be taken from a limited pool of XRP owned by CryptoSpend and will eventually decrease as more rewards are given to users.
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Once rewarded, CryptoSpend users will have to manually redeem the rewards from their Rewards wallet in order to add it to their CryptoSpend Wallet

What is the maximum & minimum amount of XRP rewards I can redeem?

The minimum redeemable reward is approximately $5 AUD worth of XRP per calendar month.The maximum redeemable reward is approximately $150 AUD worth of XRP per calendar month.

Can I convert my XRP Rewards into Australian dollars?

Yep! Once you have redeemed your XRP tokens and it has appeared in your CryptoSpend Wallet, you can convert your XRP to AUD by using the cash out feature, which will send the funds to your selected bank account within seconds. Alternatively, you can spend your XRP straight from the CryptoSpend Card by selecting XRP as the currency to spend in the Cards section.

Are these XRP Rewards going to last forever?

Nope, unfortunately the XRP Rewards pool is not unlimited so it will run until it has been depleted. The percentage of XRP rewards (starting out at 3%) that can be earned per transaction will also incrementally decrease over time. So we recommend making the most of the XRP Rewards program while it lasts!

Can I cash out crypto and earn XRP rewards?

Nope! You can only earn XRP Rewards when spending on your CryptoSpend Card (physical and digital card). Buying crypto, cashing out crypto to bank accounts, paying bills with crypto, sending crypto to other CryptoSpend users, will not count towards your XRP Rewards. See the full list of excluded merchants and transactions here.

Do I need to stake or lock-in my crypto to earn rewards?

Nope! There's no minimum staking requirements, no lock-in periods, and no BS! Just sign up, get verified, deposit funds, and order your CryptoSpend Card to start spending and earning XRP Rewards. You can get the digital card (through Apple Pay and Google Pay) instantly and for free! The physical card currently costs $14.99 AUD and will take between 1-3 weeks to arrive, depending on your location.

Are there any excluded merchants or restricted areas that don't count towards rewards?

There certainly is. As with most payment companies, there will be certain conditions due to a variety of circumstances. Please refer to the Excluded Merchants and Restricted Areas article for more information.
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We hope you find these FAQs useful! If you have any further questions, feedback, or concerns, then feel free to contact our support team on the live-chat within the app or website! Our support team is available 24/7, so don't hesitate to reach out!

full terms and conditions are available here

Up to 3% in Crypto Rewards on Every Purchase

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XRP Rewards

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Frequently Asked Questions