BlockFi Has Started To Ship Its Visa-Backed Bitcoin Rewards Credit Cards

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Bitcoin Rewards Credit Card from BlockFi

“The waiting drove me mad, you’re finally here and I’m a mess.” – Eddie Vedder, and also users who are now able to get pretty sizable Bitcoin rewards on every purchase thanks to the BlockFi Bitcoin Rewards Credit Card.

That’s right, the BlockFi Bitcoin Rewards Credit Card has finally started to ship. The company launched their waitlist for the card in December 2020 and after amassing almost 400K signatures and signups, the card is here. Hallelujah!

Per BlockFi:

“BlockFi is pleased to announce that the highly anticipated BlockFi Rewards Visa Signature Credit Card is currently available to select approved US waitlist clients.”

“Following successful beta testing, BlockFi have begun offering those first in line on the credit card waitlist to apply.”

CEO Kraken Bitcoin

What kind of rewards will BlockFi card holders receive?

Card recipients will be able to earn 1.5% back in Bitcoin on every purchase they make. In addition, cardholders will receive a 3.5% Bitcoin rewards rate for the first 90 days. Cardholders can also earn 2% back in Bitcoin on every dollar spent over $50,000 annually. For every transaction cardholders make they can earn Bitcoin rewards. Once redeemed, Bitcoin rewards are transferred to a cardholder’s BlockFi Interest Account (BIA) where rewards can earn crypto interest, meaning even more Bitcoin.

Want to get in on the BlockFi Credit Card Action?

The process is simple. Go here, sign up, receive the credit card, make purchases, and then collect your Bitcoin rewards.

C. James

C. James is the managing editor at Wealth Gang. He has a degree in finance and a passion for creating passive income streams and wealth management.

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