How To Earn Free Bitcoin On All Your Purchases Instead Of Cash Back
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Bitcoin and its fellow cryptocurrencies have shaken up traditional asset allocation. Most investors who’ve gone heavy on crypto have outperformed, while those who’ve remained on the sidelines have been rewarded with a healthy dose of FOMO.
To this point, steady investors who can’t stomach the thought of purchasing cryptocurrencies—and all the volatility they bring—have been unable to participate in their massive upside. But a new product may solve that: the first credit card to pay rewards in Bitcoin. And it does so on every purchase, instantly.
Free Bitcoin on Every Purchase
The Bitcoin Rewards Credit Card is the first of its kind, paying 1.5% back in Bitcoin on every purchase. The Bitcoin is delivered instantly, with no limits. (You can’t spend beyond your credit limit, of course.)
The card is being issued by BlockFi, which revolutionized crypto investing by issuing crypto-backed loans and offering interest-bearing crypto accounts. The company currently pays monthly interest to investors who hold Bitcoin (up to 5% APY), Ethereum (up to 4.5% APY), and a few other coins. The interest is paid in the cryptocurrency of the account holder’s choice.
Compounding Your Free Bitcoin
Without making the psychological leap of actually purchasing cryptocurrency, users of the Bitcoin Rewards Credit Card can not only generate Bitcoin, but let it compound:
1. Make a purchase, earn Bitcoin.
2. Hold the Bitcoin in your BlockFi account, sit back as it earns interest.
3. Accept the interest in Bitcoin.
Voila: compounding Bitcoin, without ever purchasing Bitcoin.
More Rewards, More Free Bitcoin
The card has additional perks, including
- $250 in bitcoin as a signup bonus if you spend $3,000 within your first three months
- 3.5% bitcoin rewards on all purchases in months 4-6 of card ownership, up to $100 in Bitcoin
- 2% extra APY on your average daily stablecoin balance, paid in Bitcoin, up to $200
- 0.25% back in Bitcoin on all eligible trades, up to a maximum of $500 in Bitcoin each month
Also, the card is a sleek metal instead of traditional plastic. If the card’s giant Bitcoin logo doesn’t get you some inquisitive looks and comments from strangers, its material will.
Signing Up for a Bitcoin Rewards Credit Card
As with most good things, you’ll have to wait to get your hands on the Bitcoin Rewards Credit Card. But there’s great news: last week, BlockFi began shipping the first batch of cards. After months of anticipation, the line is officially over! So…Apply for yours today!
Current Top Offers
Invest in Commercial Real Estate With As Little As $10
Get a $50 bonus for creating and funding a new account
Invest spare change easily. Get $5 when you sign up for Acorns.
Earn an unlimited 1.5% back in Bitcoin on every purchase with the BlockFi Rewards Visa® Signature Credit Card.
Put your crypto to work. Get up to a $250 crypto bonus with a transfer of $100 or more in crypto.