Crypto.com Obsidian
A no-annual-fee crypto card from Crypto.com.
Rates, fees, and full terms are set by Crypto.com and can change. See current rates & fees on the issuer’s site, and always confirm the latest terms before applying.
Our review
The Crypto.com Obsidian is the top tier, earning 6% back in crypto, but it is reached only by locking up $500,000 of CRO for a year. It is an ultra-exclusive, stake-gated tier rather than a card you can meaningfully apply for.
No rewards rate justifies tying up half a million dollars in a volatile token, so for practically everyone this is a status object, not a financial decision.
Think twice if: you are anyone who would have to acquire and lock $500,000 of CRO, because the risk and opportunity cost are enormous relative to any rewards.
Our 4.5 out of 10 rating
Each score weighs the rewards rate, value after the annual fee, welcome offer, points flexibility, and perks, with every point valued at a flat 1 cent. This is our editorial assessment to help you compare cards, not a guarantee of approval or of the value you will get.
Earning rates at a glance
Rewards: how it earns
You earn 6% back in crypto on everything, plus Priority Pass, paid in CRO or Bitcoin (the Bitcoin option caps the rate at $10,000 of purchases a month). The rate is the highest on the card, but the entry requirement makes the rewards a rounding error against the sum locked up.
| Category | Rate | Notes |
|---|---|---|
| Dining and restaurants | 6x | Base rate |
| Groceries | 6x | Base rate |
| Gas | 6x | Base rate |
| Travel | 6x | Base rate |
| Streaming | 6x | Base rate |
| Everything else | 6x | Everything else |
The fine print on rates: Reaching this tier requires locking up $500,000 of CRO for 12 months, so it is an ultra-exclusive, stake-gated tier you cannot simply apply for. Adds Priority Pass. Rewards are paid in crypto; the Bitcoin option caps the 6% rate at $10,000 in purchases per month. Issued by Comenity Capital Bank; not available to New York residents.
Every point and mile above is valued at a flat 1 cent, the same honest standard we use for every card. Run your own spending through the calculator to see what this card would actually return for you.
Best ways to earn & redeem
Use it as a flat-rate everyday card, since it earns the same on every purchase, and pair it with bonus-category cards for groceries, dining, and travel.
When you cash in, take the rewards as cash back or a statement credit, worth a flat 1 cent each. We value every point at a flat 1 cent, so treat any transfer upside as a bonus rather than the baseline — see what your points are really worth.
Pros and cons
- 6% back in crypto, the highest Crypto.com rate
- Priority Pass and top-tier perks
- No cash annual fee
- Requires locking up $500,000 of CRO for 12 months
- Extreme opportunity cost and crypto risk
- Not available to New York residents
The welcome bonus
There is no welcome bonus, and none would matter next to a $500,000 CRO lock-up.
First-year value vs ongoing value
| Welcome bonus | None |
| To earn it | No minimum spend |
| Est. first-year value* | $1,750 |
| Est. ongoing value / yr* | $1,750 |
There is no lump-sum welcome bonus, so first-year and ongoing value are about the same, roughly $1,750 a year on typical spending after the fee. What you see is what you get from day one.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent, on average spending.
Benefits and protections
Beyond the rewards, the perks and protections worth knowing about include:
- Reached only by locking up $500,000 of CRO for 12 months, making it an ultra-exclusive tier you cannot simply apply for
- Adds Priority Pass airport lounge access
- Rewards are paid in CRO by default, or you can switch to Bitcoin (the Bitcoin option is capped at $10,000 in purchases per month)
- Rewards are paid in cryptocurrency, so their dollar value moves with the market
- No foreign transaction fees
Statement credits
This card does not come with recurring statement credits. Its value is in the rewards rate and welcome offer.
Who should get it, and who should skip it
Obsidian is for a tiny group of large CRO holders for whom locking that much is already part of their crypto strategy. For them, the 6% and perks ride along on top.
For anyone else, acquiring $500,000 of a volatile token to unlock a card tier is not a rewards decision at all. We include it only to complete the Crypto.com lineup.
Alternatives to the Crypto.com Obsidian
Pairs well with
The Crypto.com Obsidian earns a flat rate on everything, so pair it with a category card or two to earn more where you spend the most.
Frequently asked questions
Best-card guides featuring this card
Learn more
How does it rank for your spending?
Every card is ranked by what it actually returns on the way you spend. Run your numbers and see where the Crypto.com Obsidian lands.
Calculate My CardOffer details verified against issuer sources as of October 2026. Editorial opinions are our own. Cardocrat values all points at a flat 1 cent and never inflates redemptions.
