Singapore, November 6, 2024 – Crypto.com announced today it will offer customers access to banking services from partner banks, and credit card and equities services to eligible customers through the Crypto.com family of companies – all supported by its most significant benefits experience ever, Level Up.
Featuring a progressing benefit structure, Level Up will provide customers the most comprehensive crypto and finance rewards through one brand – Crypto.com – and will reward users across its current core product offerings, as well as its upcoming expansions into a credit card offering, equities and equity options, and partnering with banks who will provide banking services, such as deposit and savings accounts.
“When I think about what made Crypto.com the leading global crypto platform, it is easy to point to our sports partnerships, like the iconic Crypto.com Arena, or our signature brand campaigns,” said Kris Marszalek, CEO of Crypto.com. “While these certainly contributed to our brand visibility, we were known by our users and community as the place with the best product offering and the highest rewards. Today’s Level Up product announcement is a return to those roots.”
Level Up introduces a host of unparallelled rewards spanning Crypto.com’s key and upcoming product lines.
Highlights of Level Up include:
- Higher Level customers enjoy:*
- Up to a 3% bonus on stock deposit transfers**
- 7.5% rewards on idle cash balances in the first year (adjusted rates thereafter)
- Up to 8% in uncapped rewards on Crypto.com Card spending in the first year (5% thereafter)
- Additional lifestyle benefits, like priority customer support and exclusive experience with Crypto.com sports and entertainment partners
And this is just the beginning – the benefits offered under Level Up will continue to grow significantly alongside anticipated product offerings, including across Crypto.com family of companies and third-party service provider offerings.
- Stocks**: The seamless trading experience users have come to expect from Crypto.com will soon be available for the stock market through Foris Capital US LLC. With the aim to offer commission-free access to securities, Foris Capital US LLC enables customers to manage all their stocks and other securities in one place and complement their trading portfolios with options to hedge or amplify returns.
- Banking Partners***: Together with world-leading banking partners, Crypto.com is bringing users access to next-generation personal accounts that support access to all product offerings, eliminate hidden fees, offer high interest on idle balances, and enable instant transfers to anyone, anywhere — all from an intuitive interface.
- Cards****: Already the crypto world’s leading prepaid card program of its kind, Crypto.com is set to help launch a groundbreaking credit card that will maximize rewards for everyday spending.
“This product expansion represents our most aggressive push across traditional and digital finance and brings users to one simple app for industry-leading benefits through Level Up,” said Eric Anziani, President and COO of Crypto.com. “We have built our foundation in security and compliance with industry-leading licenses and registrations around the world, and we are excited to now bring the Crypto.com family of companies into one simple app for equities, credit and access to banking services – all earning rewards for users in our new Level Up experience.”
Learn more about Levels here. Existing cardholders can upgrade to the new Levels experience by meeting the lockup requirements.
Additional information on banking services through our bank partners, including launch and eligibility details, and the upcoming Crypto.com credit card program will be shared in the coming weeks.
This service expansion marks the latest milestone for Crypto.com into traditional financial services, including its recent acquisition announcement of an SEC registered broker-dealer and member of FINRA and SIPC that will provide equities and equity options trading capabilities**.
Rewards+ Program and Existing Card Program Updates
With the introduction of Level Up, the existing Card program benefits associated with Rewards+ levels will cease from 5 December 2024 (effective date). There are no changes to the other benefits on the Rewards+ and existing Card Program.
Disclaimers:
* Terms and conditions apply; subject to jurisdictional availability
**Securities are offered and provided to U.S. persons by Foris Capital US LLC, an SEC-regulated broker-dealer and member of FINRA/SIPC. Any stock deposit bonuses offered to U.S. persons will be determined by Foris Capital US LLC at their sole discretion.
***All banking services will be provided by an authorized banking institution subject to the laws of the relevant jurisdiction (i.e., not available in Canada). Availability subject to jurisdiction and terms and conditions.
****Credit card to be issued by an authorized financial institution subject to the laws of the relevant jurisdiction. Availability subject to jurisdiction and terms and conditions.
Notes:
- Terms and conditions apply.
- Participating in Level Up does not guarantee access to all services or benefits. Services and potential benefits remain subject to local jurisdictional requirements among other things.
- Level Up membership will be applicable to all new customers who lock up their CRO.
- Existing Crypto.com Visa Card benefits will remain for cardholders who applied before 6 November 2024, 03:00 UTC, as listed here.
- The Crypto.com Visa Card is available in select jurisdictions. Learn more here.
