The Status Credit Card $200 Bonus + 2% Cash Back or Crypto Rewards

With The Status Credit Card you can earn a $200 bonus when you spend $1,000 in total purchases within the first three months of account opening.

With no annual fee and no foreign transaction fee, you can earn cash rewards and have those rewards invested in cryptocurrency! With every purchases you make, you earn unlimited 2% cash back or crypto rewards.

If you want to learn more about this card’s features and benefits, continue reading below.

Compare this card to other credit card bonuses.

The Status Credit Card Summary

The Status Credit Card $200 Bonus

When you spend $1,000 within the first three months from account opening, you can earn $200 bonus in cash rewards.

Earning, Investing & Redeeming Points

You can earn 2% cash back rewards on every purchase you make with no caps, category spend limits or quarterly activations. Not only that you also can earn cash rewards for creating a Status account, linking bank accounts, engaging with offers, referring friends, and making purchases using the Status credit card.

There is no limit to the amount of rewards any member can earn and the rewards you earn do not expire.

As a Status member, you have the opportunity to elect and have Status Money invest their earned cash rewards in cryptocurrency. Members must have a cash rewards balance of at least $10 to initiate their first cryptocurrency transaction. Once their crypto rewards balance is greater than $0, they may initiate additional cryptocurrency purchases for an amount up to the total of their cash rewards balance.

You can redeem your rewards through ACH bank transfer when their cash rewards balance meets or exceeds the minimum redemption threshold of $10. Just provide your bank institution account’s routing number and account number.

The Status Credit Card Benefits

• Peer Comparisons: You can compare your finances with other people and the national average.
• 1-on-1 Financial Advice: Go on a video chat with an advisor every month.
• Financial Planning: Instantly simulate your future net worth by adding goals.
• Community: Anonymously chat with hundreds of thousands of Status members.
• Net Worth Tracking: Stay on top of all your accounts with daily net worth tracking.
• Credit Monitoring: Track your credit score and get alerts when accounts are added to your credit file.

Author’s Verdict

The Status Card is a great option for members, you can earn rewards which you can redeem cash back rewards into cash, invest in cryptocurrencies, or keep rewards into your Status Money account.

Make sure to make use of the benefits offered to cardmembers! For more credit card options, see the full list of the best credit card bonuses here.