Express

BlockFi Bitcoin Reward Cardholders Received Over 124 BTC In Three Months

Mary Liu

Summary: Since the BlockFi Rewards Visa Signature credit card launched three months ago, over 50K cardholders in America have received a total of more than 124 BTC rewards, according to BlockFi co-founder and CEO Zac Prince. The card offers Bitcoin rewards instead of traditional points. BlockFi data shows that Costco, Amazon, and Home Depot are the top three merchants ...

Since the BlockFi Rewards Visa Signature credit card launched three months ago, over 50K cardholders in America have received a total of more than 124 BTC rewards, according to BlockFi co-founder and CEO Zac Prince.

The card offers Bitcoin rewards instead of traditional points. BlockFi data shows that Costco, Amazon, and Home Depot are the top three merchants with the highest spending. Prince stated that if cardholders continue to maintain the shopping habits of the previous three months, they will spend an average of more than $30,000 per year. 

According to a public statistic, the average credit card balance of US consumers in 2021 is $5,111.

By Mary Liu

Last Update:

Tags: ,,,
Link: BlockFi Bitcoin Reward Cardholders Received Over 124 BTC In Three Months   [Copy]
  • Runes on Bitcoin: The Next Big Opportunity? 2 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 7 days ago
  • The Value of Web3 Social, Explained 7 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 21 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 23 days ago
  • You need to login to comment.