What is upgrade Bitcoin rewards card?

But the Upgrade Bitcoin Rewards Card is the first one exclusively offering crypto as the reward and also actively accepting applications. With this card, you’ll earn 1.5% back in bitcoin on payments. Your bitcoin rewards are held by the NYDIG trading platform and you can either keep your earnings there or redeem them toward a statement credit.

What is BlockFi's upgrade Bitcoin rewards card?

A couple of weeks ago, BlockFi started inviting people on its waitlist. So a general rollout should come sooner rather than later. As for the Upgrade Bitcoin Rewards Card, the company offers credit lines from $500 to $25,000 depending on your credit score. It works with Apple Pay and Google Pay.

What is a bitcoin credit card and how does it work?

Instead of earning traditional rewards with a cash back credit card, this card gives you 1.5% back in Bitcoin as you make monthly payments. That’s not the highest return on your spending available, but flat rewards can help you maximize every dollar.

Is a credit card that earns bitcoin rewards worth it?

A credit card that earns Bitcoin rewards could be a good way to begin investing in crypto without committing too much of your own money upfront. And while a 1. 5% return on your spending isn’t the most valuable rate, it can add value to every purchase you make. Just remember, you’ll need to pay your credit card bill in full each month.