CRO card from crypto.com seems to provide very attractive rewards! 100% Rebates on netflix subscription.. Any one think otherwise? Just wondering if any catch that i missed.. thx!

Dependent on the cro price, but monthly cashbacks are such small amounts to begin with, i think its worth the risk reward in the long run

I personally do feel crypto.com has a smart business model, forcing it's users to stake coins with the company for 6-months at each tier in order to enjoy and retain these rewards. Once the tie-up period is over, should one decide to sell and withdraw their stakes, the benefits of the card would be forfeited as well.

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You can view the different tiers of staking and their respective benefits: https://crypto.com/sg/cards. The only good thing is once you stake for the SGD 5000 tier, and should you choose to unstake and sell CRO, you will still retain your lounge access.

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As what thefrugalstudent accurately pointed out would be the price fluctuations of the coin. Your $5000 stake could be worth $1500 or $10,000. Similar to your cashback as well - 2% cashback could be simply 0.05% cashback (which you would be better off using a cashback card instead) or 10%.

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Attached is an illustration of the price fluctuations of CRO coin.

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Besides the operations side of things. The management does actively engage its users through AMA sessions. And they also seem to be very active in their marketing through sponsorships of events like F1and even getting Matt Damon to shoot an ad for them. Let me know if you require any referral in which if you were to stake $500SGD worth of CRO, we'll both get 25USD worth of CRO (can be cashed out right away)