Gemini Launches Solana Credit Card with Auto-Staking

Gemini has launched the Solana edition of its credit card enabling users to earn up to 4% back in SOL on everyday purchases and automatically stake rewards for up to 6.77% annual yield.

The card features a design honoring Solana’s brand and targets its active developer and user community. It carries no annual fee, foreign transaction fees, or costs to receive crypto rewards.​

Cardholders earn 4% back in SOL on gas, EV charging, and rideshare spending up to $300 monthly, 3% on dining, 2% on groceries, and 1% on all other purchases.

Select merchant partnerships offer up to 10% back on qualifying transactions, viewable in the Gemini app.​

Turn Spending Into Staking Power

For the first time, Gemini integrates auto-staking directly with credit card rewards. Users can opt in during signup or later in the app to automatically stake earned SOL.

This locks tokens into the Solana network to support transaction validation and security, generating passive yield.​

Staking occurs via smart contracts on a decentralized platform. Node operators add blocks and earn rewards, incentivizing network participation.

The current staking rate on Gemini stands at 6.77%, though rates may fluctuate based on network conditions and total participation.​

Auto-staking transforms routine spending into a mechanism for network engagement. Instead of letting rewards sit idle, users compound returns by contributing to Solana’s proof-of-stake consensus.

Withdrawals are possible at any time, though unstaking may take several hours to days.​

Solana’s Surge Fuels Strategic Move

Gemini cited Solana’s high performance, low latency, and robust ecosystem as key reasons for the card’s launch.

The network has become a top choice for new developers building decentralized applications and capital markets infrastructure.​

Solana’s native token, SOL, has appreciated over 16% in the past year. Historical data shows Gemini Credit Card users who held Solana rewards for at least one year saw their value grow by 299.1% as of July 2025.

This performance ranks among the highest for cryptocurrencies available on the platform.​

The card is issued by WebBank and operates on the Mastercard World Elite network. Holders gain access to discounts on Peacock Premium, Instacart, Lyft, Booking.com, and ResortPass.

Rewards can be switched between Bitcoin, Ether, and over 50 other cryptocurrencies at any time.