The BlockFi Bitcoin credit card no longer charges an annual fee — here's what to consider if …

the blockfi bitcoin credit card no longer charges an annual fee heres what to consider if youre thinking of applying

Sumary of The BlockFi Bitcoin credit card no longer charges an annual fee — here's what to consider if you're thinking of applying:

  • Pay with your credit card, and pay yourself back in bitcoin — that’s the value proposition of the new BlockFi Bitcoin Rewards Credit Card, which has opened its waitlist to everyone.
  • It’s the first-ever credit card that replaces the traditional cash-back or miles-and-points rewards structure with the ability to rack up the cryptocurrency that appears on Elon Musk’s Twitter bio.
  • If you spend upwards of $50,000 on the card, your earnings power jumps to 2% back in bitcoin.
  • As you continue to see Bitcoin in headlines everywhere you turn, should you apply to have one of these cards land in your mailbox?
  • We’re focused here on the rewards and perks that come with each card.
  • When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
  • No. When BlockFi first launched the card, it came with a $200 annual price tag.
  • The move keeps BlockFi’s offering in line with other early entrants to the bitcoin credit card rewards race: Gemini’s card will not charge an annual fee when the waitlist period is over, and Upgrade’s recently announced card does not charge one, either.

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