Crypto.com one time welcome bonus

What it does

Crypto.com sells one card and lets you pick a Level Up tier, which sets the colour, the rewards rate and the size of the welcome bonus. Its Card Welcome Bonus disclosures read: "New cardholders will be eligible for the initial account opening offer based on the date of account opening. If an upgrade occurs within the initial offer period, a cardholder would be eligible to earn the initial offer and the difference between the initial Level Up tier and the upgraded Level Up tier. The upgraded tier earning period to earn the difference would begin on the date of the upgrade and the additional spend threshold of the upgraded tier must be met during that time period. Valid one time only." The upgrade sentence is what shows the tiers share one bonus rather than each carrying its own.

How it works

• "Valid one time only" is categorical, so we treat the bonus as taken once and drop it rather than flagging it as uncertain.
• Upgrading pays a difference, not a bonus. Move from a lower tier to a higher one inside the original offer window and you can earn the gap between the two tier amounts, provided you also meet the higher tier's spend inside that window.
• The upgrade clock restarts at the upgrade. The window for earning the difference begins on the upgrade date, not on the account opening date.
• No waiting period is published, so a bonus already taken does not come back.
• Nothing here bars previous cardholders. Crypto.com conditions on receiving the offer, not on having held a card, so we encode no bar on holding one.
• This is a bonus rule, not an approval rule. Crypto.com publishes no application velocity limit or card cap.

What to do

• Decide your tier before you apply if you can. The tier you open at sets the bonus you are working toward, and the upgrade path only pays you the gap.
• If you do upgrade, do it inside the original offer window and plan the extra spend. Miss either and the difference does not pay.
• Do not count on a second bonus from a different card colour. The colours are one product here, which is not how most issuers work.
• Watch the campaign window. Crypto.com runs this offer as a dated campaign rather than a standing one, so the amounts can change when it ends.