1. What are the cashback benefits for Gate Card?
For Gate Card, the cashback ratio varies depending on the card tier. The details are as follows:
| Card Tier | VIP Level | Point Multiplier / Cashback Rate | Monthly Point Redemption Cap | Monthly Cashback Equivalent |
|---|---|---|---|---|
| T0 | VIP 0 - VIP 4 | 1x / 1.00% | 500 Points | Up to 5 USDT |
| T1 | VIP 5 - VIP 7 | 1x / 1.00% | 5,000 Points | Up to 50 USDT |
| T2 | VIP 8 | 2x / 2.00% | 10,000 Points | Up to 100 USDT |
| T3 | VIP 9 | 3x / 3.00% | 15,000 Points | Up to 150 USDT |
| T4 | VIP 10 - VIP 14 | 5x / 5.00% | 25,000 Points | Up to 250 USDT |
- Initial Card Tier: Determined by the user's VIP level at the time of application.
- Point Multiplier: Determines the number of points earned per $1 USD spent. For example, a 1x multiplier means 1 point is earned for every $1 USD spent.
- Redemption Cap: A monthly limit is set for point redemption; however, this does not limit the actual points a user can earn. Users may continue to accumulate points, but can only redeem them for cashback within the monthly limit.
2. How to Upgrade Your Card Tier
Your card tier, corresponding cashback ratio, and monthly redemption cap, are determined by your average Gate VIP level from the previous month . Tiers are re-evaluated monthly.
Calculation Formula:
Average VIP Level = (Sum of Daily VIP Levels) ÷ (Number of Days)
Example: Feb 1 - VIP 4, Feb 2 - VIP 1, Feb 3 - VIP 3. The average level for these three days is $(4+1+3) / 3 = 2.66$ (Rounded up to VIP 3 ).
| Card Tier | Average VIP Level |
|---|---|
| T0 | VIP 0 - VIP 4 |
| T1 | VIP 5 - VIP 7 |
| T2 | VIP 8 |
| T3 | VIP 9 |
| T4 | VIP 10 - VIP 14 |
Note: New card tier benefits take effect on the first day of the next calendar month and remain valid until the end of that month.
3. How to Earn Gate Card Points?
The rate at which points are earned depends on the card tier:
Standard Points:
- T0: Earn 1 point per USD spent (1.00% cashback)
- T1: Earn 1 point per USD spent (1.00% cashback)
- T2: Earn 2 points per USD spent (2.00% cashback)
- T3: Earn 3 points per USD spent (3.00% cashback)
- T4: Earn 5 points per USD spent (5.00% cashback)
Extra Points: Gate will introduce more ways to earn points in the future. Users will earn extra points based on specific spending categories.
4. What is the point redemption ratio?
100 Points = 1 USDT (Fixed ratio).
Example: Spend 100 USD to earn 100 points,redeemable for 1 USDT.
5. Which transactions do not accumulate points?
- Fiat currency payments (e.g., direct debits from fiat accounts).
- Non-consumption transactions such as fees, management charges, deposits, and withdrawals.
- Reversed or refunded orders.
- Specific Merchant Categories:
- Financial Institutions: Goods, services, and debt repayments.
- Non-financial Institutions: Stored-value card purchases/top-ups.
- Non-financial Institutions: Foreign currency, non-fiat orders, money orders, account funding, traveler's checks, and debt repayments.
- Remittances.
6. Do points have an expiration date?
No. Points are valid permanently and can be redeemed at any time.
7. What is the minimum amount for point redemption?
Manual Redemption: Minimum 50 points (0.5 USDT).
8. Is there a monthly cap on points?
Yes, Gate Card sets different monthly point redemption caps based on the card tier:
- T0: 500 Points
- T1: 5,000 Points
- T2: 10,000 Points
- T3: 15,000 Points
- T4: 25,000 Points
9. Which currencies can points be redeemed for?
Currently, USDT, BTC, ETH, and GT are supported. More currencies will be available in the future.
10. When does auto-redemption take place?
The system automatically processes redemptions daily between 00:00 and 01:00 (UTC) . Please ensure your account has a sufficient point balance.
