Visa STOPS Spotify and Netflix reimbursement! Time to say goodbye… has just sent out an email announcing newly revised merchant rebate benefits. In short: it will keep reimbursing Netflix and Spotify for 6 more months (until January 23rd, 2023), and then it will discontinue this benefit.

UPDATE! I gave up on my Visa card, as they will stop reimbursing Netflix and Spotify. Want a better option? Try Plutus. Right now, you can get €10 when you sign-up using my link and deposit your first €20. Visa Updates Visa card revised terms and benefits

Instead, the Visa card will reimburse up to 5% of your payment depending on your tier (i.e. it will become a regular purchase).

For new card members (the ones applying and getting their cards from now on), they say they will reimburse these merchants for the first 6 months and then stop.

With these new changes and the recent 1% top-up fee that they have introduced recently (and on short notice), I’m seriously considering going away from this card and stopping using it. The good days (during the pandemic) when bitcoin/CRO was high and benefits/incentives were great are now gone for a long, and with the current inflation rates and very few benefits they offer, my strategy, for now, is to go for pure cash back cards. has already updated its website with these changes: visa cards benefits from October 2022

I will most likely keep using my card until January 23rd, 2023 so that I get my Spotify and Netflix reimbursed, and then stop using the card entirely. I will also keep an eye on the amount of CRO I staked to maintain this benefit, but I have a feeling I will unstake that and have it ready to change to a stablecoin as soon as the CRO price rises a bit.

Bye bye Visa, you were good while you lasted 🙂

Here’s the full email

Dear Valued Customer,

Since its launch in November 2018, the Visa Card has grown to become the world’s most popular crypto-linked card programme and is now available in over 60 countries. In an effort to ensure long-term sustainability of our card programme – with the primary purpose to enable cardholders to spend their crypto safely and easily – we are adjusting our merchant benefits programme.

Revision of Merchant Rebates Benefit
Existing Jade Green, Royal Indigo, and Ruby Steel Visa Card holders who activated their Card before 23 July 2022, 15:00 UTC will enjoy the merchant rebate benefit(s) (Spotify, Netflix) available through their Card tier and subject to current conditions for six more months (until 23 January 2023, 15:00 UTC). Thereafter, cardholders will not receive CRO reimbursement(s) when spending with these merchant(s). Instead, cardholders receive up to 5% back when spending with these merchants, depending on their Card tier.

Private Members holding an Icy White, Frosted Rose Gold, or Obsidian Card will continue to enjoy their existing merchant rebate benefits.

For Cardholders Who Upgrade after July 23, 2022, 11:00 EST
For cardholders that upgrade their Card tier or CRO stake, they will get to enjoy the merchant rebate benefit(s) offered with the new Card tier for six months starting from the date of their upgrade. The extension of benefits when upgrading applies to all new and existing cardholders. The extension of benefits when upgrading applies to all new and existing cardholders who are upgrading above their highest previously staked Card tier (please see
FAQs for more details).

Merchant rebate benefits will not expire after six months for cardholders upgrading to the Obsidian, Icy White, or Frosted Rose Gold Card, for as long as the cardholder maintains one of these cards. Find out more about the Private membership here.

No Changes to Other Card Benefits
There is no change to the other Card benefits, and you can continue to enjoy up to 2% back on your spending. We are exploring new partnerships to unlock greater value and benefits for our cardholders, such as our
recently announced partnership with Dosh—offering U.S. cardholders up to 10% in additional rewards at over 10,000 popular brands.

For more information, visit the Card Rewards FAQs.

Best regards,
The Crypto.‌com Team


  • In the event a cardholder downgrades their CRO stake or Card tier during the six-month merchant rebate benefit period, the validity period for the merchant rebate benefit(s) available on the new Card tier will not be extended.
  • The six-month rebate benefit for new cardholders who sign up after 23 July 2022, 15:00 UTC is only applicable for cardholders who have not canceled any Visa Card previously. However, if the new cardholder chooses to sign up for a higher Card tier than the highest tier they previously held, they will then get to enjoy the six-month rebate benefit based on the new Card tier.

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