Complete Guide to Redeeming Your GM Points
Everything you need to know about turning your GM Points into Visa gift cards.
You've been mining GM Points — now it's time to cash out. Here's how the GeoMine rewards system works.
The Exchange Rate
GeoMine has one simple, fixed exchange rate:
1,000 GM Points = $1 USD
That's it. No tiered tables, no surprise math, no shifting redemption rates.
What You Can Redeem For
Visa Prepaid cards issued by The Bancorp Bank, N.A. and delivered via our rewards partner (Reloadly), in four denominations:
| Visa Gift Card | GM Points Cost |
|---|---|
| $5 | 5,000 GM |
| $10 | 10,000 GM |
| $25 | 25,000 GM |
| $50 | 50,000 GM |
Minimum redemption: 5,000 GM = $5. Cards arrive in your email inbox within minutes and work anywhere Visa is accepted online.
How to Redeem
- Open the GeoMine app → Wallet tab
- Tap "Redeem"
- Choose your Visa gift card denomination
- Confirm — the card is emailed to you within minutes
Redemption Safeguards
Two safeguards protect the system:
- 7-day account age requirement: Brand-new accounts cannot redeem until they're at least 7 days old. This blocks throwaway-account fraud.
- $599 annual redemption cap: Each account can redeem up to $599 in Visa gift cards per calendar year. This aligns with standard 1099 reporting thresholds and keeps GeoMine on solid compliance footing.
Tips for Smart Redemption
- Stack milestone bonuses: Day 3 (+25 GM), Day 7 (+100 GM), Day 14 (+250 GM), Day 30 (+1,000 GM), Day 100 (+5,000 GM), plus +5,000 GM every additional 100 days (the Centurion bonus). Time your redemption right after a milestone day for a bigger payout.
- Hit the $599 cap intentionally: If you're an active daily miner, plan your redemptions across the year so you make full use of the cap.
- Bigger denominations are simpler: A single $50 Visa card is easier to spend than ten $5 cards. Save up where you can.
Start earning real Visa gift cards
Download GeoMine, walk into participating businesses, and turn verified visits into GM Points.