Crypto.com Card Got Nerfed BADLY!
CDC card got NERFED AGAIN. And more importantly, did you know there's an inactivity fee or account closing fee if you to decide not to use the #crypto.com card?
Let’s talk about the nerf and tips on how you can avoid this fee!
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The good thing is, the #Spotify and #Netflix nerf didn’t affect me, so I still did enjoy my free beers and food during my airport lounge stay.
But this made me wonder, with more and more perks gone, is it even worth keeping my card?
In the past you could enjoy Spotify or Netflix rebates every single month, which gave the ruby and jade green/indigo tier cards a very good rate of return. That's now limited to 6 months per person!
But that's not what makes this so painful you see...
A couple months back there's a nerf that brought down, the CRO cashback of the cards down to a level that wasn't competitive. Back then when you compared with other fuss free no cap cashback cards.
Crypto.com card came out on top!
But when the cashback was no longer as attractive. The only reason to keep the card is that other perks are attractive!
And with that context in mind, this is why the nerf to the Spotify and Netflix rebate hit very, very hard!
More importantly, is this the end of the nerf?
I don't think so, because ultimately, the value of CRO will fall if emissions continues to be high! Cryptocurrencies are governed by supply and demand, so as long as the company is giving more CRO tokens than it's burning, the oversupply of CRO token will cause prices to fall. And this isn't good with the stakers of CRO/card holders!
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