Seeking Alpha
2020-12-01 17:11:22

Visa adds to bet on crypto with credit card offering rewards in Bitcoin

Visa (V) earlier this year partnered with Fold to offer a debit card that earns rewards denominated in Bitcoin (BTC-USD). It's also teamed with Coinbase on a debit card. Now Visa's joining with cryptocurrency startup BlockFi to offer the Bitcoin Rewards Credit Card in which customers will get 1.5% of their purchases back in the most-popular of cryptos.Users can also earn a quick $250 in Bitcoin if they spend $3K in the first three months of card ownership. The Bitcoin Rewards Credit Card does have an annual fee of $200, and the issuing lender is Evolve Bank & Trust. It's hoped to be available early next year.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer