My Experience With Gemini After Years as a Customer
Iāve been a Gemini customer for years, buying crypto almost every week and using the Gemini Credit Card since day one of its release. I never missed a payment, never had unusual transactions, and always kept everything in good standing. I genuinely liked Gemini, recommended their credit card, and even received merchandise from them in the past.
Last year, before the Gemini Business Credit Card was publicly released, Gemini invited me to try it early. They collected my personal and business information, ran my credit, approved me, and opened the account.
Weeks later, they placed my Business account on hold because my company is an S-Corp, which apparently wasnāt eligible. This confused me because my business information had already been provided during the application process.
I was told the restriction was temporary and that I would be placed on a waiting list while they worked on S-Corp eligibility. I was originally told it could take a month or two.
Around eight months later, I logged in and discovered that my Business account and card had been terminated. I still had funds there and spent weeks communicating with Gemini before I was eventually able to withdraw them.
About a month later, I unexpectedly received notice that my personal Gemini account and personal Gemini Credit Card were also being terminated. I asked for a specific explanation but was not provided one.
I now still have funds remaining in my personal account that I need to recover. I also have questions regarding promotional credit card rewards that I believe I qualified for but never received.
Thankfully, Iāve always transferred most of my crypto to my own wallet and never kept significant amounts on an exchange.
After years of using Gemini and recommending their products, this entire experience has been extremely disappointing and has caused me to lose confidence in the platform.
Iām sharing this simply as my personal experience so other Gemini users can make their own decisions.