{"id":7516,"date":"2021-07-07T19:21:45","date_gmt":"2021-07-07T15:21:45","guid":{"rendered":"https:\/\/qia.az\/en\/first-ever-crypto-rewards-credit-card-launched-in-us\/"},"modified":"2021-07-07T19:21:45","modified_gmt":"2021-07-07T15:21:45","slug":"first-ever-crypto-rewards-credit-card-launched-in-us","status":"publish","type":"post","link":"https:\/\/qia.az\/en\/first-ever-crypto-rewards-credit-card-launched-in-us\/","title":{"rendered":"First-ever crypto rewards credit card launched in US"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/qia.az\/en\/wp-content\/uploads\/sites\/3\/2021\/07\/First-ever-crypto-rewards-credit-card-launched-in-US.jpg\" \/><\/p>\n<div itemprop=\"articleBody\">\n<p>Cryptocurrency services company BlockFi has launched its first-ever crypto rewards credit card, in conjunction with Visa, to approved clients in the United States, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/report.az\/en\/\">Report<\/a> informs referring to Forbes. <\/p>\n<p>BlockFi\u2019s plans for a credit card were initially disclosed in December 2020 when the exchange released a waiting list for US-based clients, which is now over 400,000 people. BlockFi CEO Zac Prince expects everyone on the waitlist to receive their card around the end of July.<\/p>\n<p>The new offering provides clients with a simple way to acquire bitcoin without paying fees or navigating the sometimes complicated onboarding processes at exchanges. BlockFi stands to benefit from utilizing the card as a customer acquisition tool as well as from the fees it will receive from money spent on the card.<\/p>\n<p>Holders of BlockFi\u2019s Rewards Visa Card will be able to earn 1.5 percent back in bitcoin on every purchase, with the payout increasing to 2 percent on every dollar spent over $50,000 annually. As an incentive to new users, they will receive a 3.5 percent bitcoin rewards rate for the first 90 days or until they receive $100 worth of bitcoin. The card also offers other benefits such as rebates on trading fees and comes with no annual fee or foreign transaction fees.<\/p>\n<\/p><\/div>\n<p><script>\n    !function(f,b,e,v,n,t,s)\n    {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n        n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n        if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n        n.queue=[];t=b.createElement(e);t.async=!0;\n        t.src=v;s=b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t,s)}(window, document,'script',\n        'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n    fbq('init', '800789640666009');\n    fbq('track', 'PageView');\n<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/>https:\/\/report.az\/en\/ict\/first-ever-crypto-rewards-credit-card-launched-in-us\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Cryptocurrency services company BlockFi has launched its first-ever crypto rewards credit card, in conjunction with Visa, to approved clients in the United States, Report informs referring to Forbes. BlockFi\u2019s plans for a credit card were initially disclosed in December 2020 when the exchange released a waiting list for US-based clients, which is now over&hellip; <a class=\"more-link\" href=\"https:\/\/qia.az\/en\/first-ever-crypto-rewards-credit-card-launched-in-us\/\">Continue reading <span class=\"screen-reader-text\">First-ever crypto rewards credit card launched in US<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":7517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1779,1778,1776,1775,1780,1777],"class_list":["post-7516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slider","tag-card","tag-credit","tag-crypto","tag-firstever","tag-launched","tag-rewards","entry"],"_links":{"self":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts\/7516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/comments?post=7516"}],"version-history":[{"count":0,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts\/7516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/media\/7517"}],"wp:attachment":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/media?parent=7516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/categories?post=7516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/tags?post=7516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}