Bitcoin rewards credit cards allow users to earn a percentage of their purchases back in bitcoin. These cards are typically issued by major banks, and the interest rates vary from 1% to 3%. The best bitcoin rewards credit card offers a variety of benefits, including no foreign transaction fees, no annual fees, and low or 0% introductory APR.
The best bitcoin credit card is a term used to describe any card that provides rewards for using Bitcoin. There are many cards available, and some of them offer unlimited cash back on every purchase while others provide bonuses on specific purchases.
Do you want to learn how to earn bitcoin for free?
What if you could earn Bitcoin cashback every time you shop?
In 2009, Satoshi Nakamoto developed the first Bitcoin (BTC). Bitcoin has altered the way the world thinks about money in the years since then. It will also alter the way our society spends and saves.
As Bitcoin becomes more costly and reaches new highs, it becomes more difficult for the ordinary person to acquire additional BTCs.
Fortunately, there are many methods to get free Bitcoin without having to purchase it.
Earning Bitcoin via daily purchases is probably the simplest and safest way to get some (insignificant percentage of) bitcoin without having to do anything!
That’s why I’m so thrilled to provide you with a one-of-a-kind credit card: Credit Card with Bitcoin Rewards
It’s a new credit card that lets you earn Bitcoin for every dollar you spend.
While there are many cryptocurrency cashback applications for earning free Bitcoin, this is the first credit card that gives cash back rewards in Bitcoin rather than dollars, points, or airline miles.
Furthermore, for individuals who are not yet ready to swap their fiat money for Bitcoin, a Bitcoin rewards credit card is a fantastic method to acquire bitcoin without taking any risks.
On bitcoin exchanges, you don’t have to study complicated trading charts or go through a long sign-up and KYC/AML procedure.
The Bitcoin rewards credit card is very unobtrusive and operates in the background while you buy.
What if I told you there was a fun fact you didn’t know about?
Bitcoin was worth $100 ten years ago and is now worth $10,000,000.
The most apparent benefit of spending with a Bitcoin rewards card is that you will be rewarded with the best-performing asset of the past decade.
Given Bitcoin’s potential, earning Bitcoin will enable you to harvest the most profit over the longest length of time. Everything you’ve ever purchased with your Bitcoin rewards credit card may be free one day!
Let’s convert spending into a positive investment habit.
In this article, you’ll learn about two new Bitcoin rewards credit cards that may help you earn bitcoin by making ordinary transactions.
|Credit Card for Bitcoin||BlockFi||Gemini|
|Bitcoin is coming back.||a profit of up to 1.5 percent||you may earn up to 3.0%|
|Obtain cryptocurrency rewards||Bitcoin is the sole currency accepted.||Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are all digital currencies.|
|a yearly fee||$0||N.A.|
|Availability||Only available in the United States (except NY)||Only available in the United States (all states)|
|Add your name to the waiting list.||Add your name to the waiting list.|
What is a Bitcoin Rewards Credit Card, and how does it work? What is the mechanism behind it?
A Bitcoin rewards credit card, like a conventional credit card, is a payment card that enables users to purchase goods wherever Visa cards are accepted, both offline and online, without having to spend cash.
Instead of getting points, miles, cash back, or any other gimmicky incentives, you receive a portion of what you spent in Bitcoin back into your account immediately.
How it works is as follows:
- You’ll be given a credit limit once you apply for a Bitcoin rewards card and are accepted (in USD).
- Every month, you may spend up to this amount on your credit card.
- You must pay your statement balance — the amount you owe the business on purchases made with your card – at the end of each month.
- You may get up to 3% back on every dollar you spend, and your earnings will be immediately converted to Bitcoin and sent into your account on a monthly basis.
To prevent incurring interest costs, you should always spend within your means and pay off your credit card amount in full every month.
The Bitcoin rewards credit card may be a useful personal financial tool if you utilize it properly. You can both safeguard your accounts against fraudulent transactions and improve your credit score by doing so.
It’s important to understand that a Bitcoin credit card is not the same as a Bitcoin debit card. While a Bitcoin debit card, such as the Coinbase Visa Card, enables you to spend bitcoin simply, a Bitcoin credit card, such as the BlockFi card, allows you to spend dollars while earning Bitcoin incentives!
Spend money to get Bitcoin.
The Bitcoin rewards credit card enables you to effortlessly earn Bitcoin back with every transaction, whether you’re a crypto veteran with steely hands or just getting started.
Bitcoin does not need you to put your hard-earned fiat money at danger.
You don’t have to be concerned about crypto market timing. You may continue to spend as normal, safe in the knowledge that every time you swipe your credit card, you’re collecting Bitcoin.
Without further ado, let’s look at these two Bitcoin rewards credit cards that allow you to earn Bitcoin as a reward.
Best Bitcoin-Rewarding Credit Cards
1. Bitcoin Rewards Credit Card from BlockFi
BlockFi is a cryptocurrency company headquartered in New York City that provides Bitcoin interest accounts, USD loans, and no-fee trading.
BlockFi has announced that its BlockFi Bitcoin Incentives Credit Card – the world’s first credit card to provide cryptoback rewards – will be available in early 2021.
Every purchase you make with the BlockFi rewards credit card earns you a flat 1.5 percent return in bitcoin.
The following are some of the new BlockFi Credit Card bonuses:
3.5 percent bitcoin rewards on all purchases for the first three months after you get your card, up to $100 in bitcoin
- Every purchase above $50,000 in yearly spending earns you 2% bitcoin rewards.
0.25 percent return in bitcoin for qualifying BlockFi transactions, up to a monthly limit of $500 in bitcoin
In addition to the standard Refer-a-Friend program, each customer referral will get $30 in bitcoin.
This metal credit card, issued by Evolve Bank & Trust, works like a normal card and may be used nearly everywhere. The bitcoin incentives will be immediately placed into your BlockFi account whenever you make a purchase.
Furthermore, using the BlockFi credit card is totally free. There are no yearly fees or costs for international transactions!
Residents of the United States may now apply for the Bitcoin Rewards Credit Card (except those residing in NY).
To get your BlockFi Credit Card, follow these steps:
1. Go to BlockFi and create a free account. To apply for the Bitcoin Rewards Credit Card, you must have a BlockFi account. To get your benefits, you’ll need a BlockFi account. 2. Fill out an application for a BlockFi credit card. 3. If you’re using the BlockFi mobile app, check sure you’ve got the most recent version installed.
The BlockFi credit card is now available for direct application after a long wait!
Don’t put it off any longer–complete your registration and fill your account now to begin earning Bitcoin on all of your transactions.
2. Credit Card with Gemini Crypto Rewards
Gemini jumps right in, announcing its new Gemini Credit Card just after BlockFi announced the debut of its Bitcoin rewards card.
Gemini provides a higher return on investment than BlockFi. With the Gemini Crypto Credit Card, you can get up to 3% back in Bitcoin or other cryptocurrencies on every dollar you spend!
The 3.0% rate is the highest available for any card product on the market, and it accrues with every transaction.
Furthermore, you have the option of receiving your payback in Bitcoin, Ethereum, Litecoin, or Bitcoin Cash.
What’s more, you won’t have to pay any exchange costs since your crypto earnings will be sent straight to your Gemini account.
The Gemini Crypto Credit Card is accessible to residents of all 50 states in the United States.
To join the Gemini Credit Card waitlist, just enter your email address below.
Meanwhile, you may create a free Gemini account and begin trading on the cryptocurrency market.
What better way to amass Bitcoin than by receiving Bitcoin rewards on everyday purchases?
Get rid of your points and miles. Pay for groceries, trips, bills, and everything else you can think of with our new Bitcoin credit card and get immediate Bitcoin rewards.
Don’t miss out on your chance to amass this new asset without having to pay for it!
So, what do you have to lose?
To gain early access, sign up for the waiting list.
Have fun buying and stacking sats!
What are your thoughts?
Would you consider using a Bitcoin credit card to get cryptoback? Why do you think that is?
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The bitcoin rewards visa credit card is a type of credit card that earns you free bitcoin on every purchase. The cards are available for people who have no or bad credit.
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