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The BlockFi Rewards Visa® Signature Credit Card is Now Available for All Eligible US Residents!

Published, 2 August, 2021

Note: Some of the cardholder benefits mentioned in this blog post have expired or changed. For the most up-to-date information on cardholder rewards, visit blockfi.com/credit-card. For more detailed information, please see the BlockFi Rewards Program and Crypto Rewards Account Terms

Today, we're excited to announce that the world’s first Bitcoin rewards credit card is now available to all eligible US residents!

The BlockFi Rewards Visa® Signature Credit Card, which began shipping to waitlist clients in early July, has already been met with excitement and fanfare from those that have received it. We promised to work through the waitlist as quickly as possible and will have completed that outreach this week. We have already seen strong results, in the first three weeks we’ve shipped over 20,000 cards. We’ve loved seeing all the unboxing videos, first purchase photos, and all places that people are travelling and earning more Bitcoin. We’ve been retweeting our favorites!

“The typical credit card experience is entirely uneventful. That’s not the case with the BlockFi card. Since we started rolling clients off the waitlist in July, there has been an enthusiastic wave of folks memorializing their first purchases with the BlockFi card,” said Gaurav Gollerkeri, GM of Payments at BlockFi. “We’ve seen first purchases that included everything from a pizza to an engagement ring to an anniversary trip to Hawaii. It has been incredible to see the ways that folks are tying their major life events while effortlessly building their crypto portfolio.”

What are the benefits? First, this card has NO annual fee and no foreign transaction fees. Card recipients will be able to earn unlimited 1.5% back in Bitcoin on every purchase they make. In addition, cardholders will receive a 3.5% Bitcoin rewards rate for the first 90 days.* Cardholders can also earn unlimited 2% back in Bitcoin on every dollar spent over $50,000 annually.** Plus, you can check to see if you’re pre-approved with no impact on your credit score.***

How does the BlockFi Rewards Visa® Signature Credit Card compare to other crypto cards? For starters, our card is available to you now and actually earns you Bitcoin that is yours to keep, sell, trade, or transfer. Unlike other crypto rewards cards that claim to “give you Bitcoin rewards,” but only provide price exposure to Bitcoin that allows you to sell but not withdraw that Bitcoin, once BlockFi rewards are redeemed, Bitcoin is transferred to your BlockFi Wallet where it can be held, traded, sold, or moved to any wallet address of your choice.

Where can I use the card? Do I get access to Visa’s benefits? The BlockFi Rewards Visa® Card can be used anywhere Visa® is accepted, along with a wide range of additional bonuses from Visa® including travel opportunities, fine wine and food, sporting events, shopping, and more. Some of the special offers include upgrades at more than 900 of the world’s most prestigious properties with the Visa Signature Luxury Hotel Collection (terms and conditions apply). Plus, cardholders can save on premium ground transportation with Silvercar’s all-Audi fleet of rental cars.

Learn more about the BlockFi Rewards Visa® Signature Card here.

If you want to take advantage of earning Bitcoin back on every purchase, create a BlockFi account and apply now.

*3.5% is an introductory offer that spans the first 90 days of card ownership, beginning on the date of card activation. The introductory offer is capped at $100 dollars in bitcoin.

**Rewards rate increases from 1.5% to 2% after $50,000 of spend has been achieved and resets on the card anniversary date every year.

***A soft credit pull happens before you’ve accepted the credit card offer. A hard credit pull occurs when you’ve accepted your credit card offer, which can have an impact on your credit score.

Disclaimer: Applying for the BlockFi Bitcoin Rewards Credit Card (“Card”) does not guarantee that you will be eligible to receive the Card. Geographic, regulatory, and underwriting restrictions will apply. Fees and terms are subject to change, and additional terms of service will apply to the Card. By applying for the Card, you agree to receive marketing communications pursuant to BlockFi's Privacy Policy.

BlockFi makes no representation or warranty, express or implied, to the extent not prohibited by applicable law, regarding the availability, timeliness, accuracy, or completeness of the aforementioned planned Card features.

For more information, please see BlockFi’s Terms of Service. Cards are issued by Evolve Bank & Trust, Member FDIC.

Nothing contained in this announcement should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. The information provided in this announcement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This announcement is not directed to any person in any jurisdiction where the publication or availability of the announcement is prohibited, by reason of that person's citizenship, residence or otherwise.

Neither BlockFi nor any of its affiliates or representatives provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

Learn more at BlockFi.com.

BlockFi Lending LLC NMLS ID#1737520 | BlockFi Trading LLC NMLS ID#1873137

Last updated on June 2nd, 2022

Credit Card

As of February 14, 2022, the BlockFi Interest Account (BIA) is no longer available to new clients who are US persons or persons located in the US and existing US clients with BIA accounts are unable to transfer new assets to their BIAs. Learn More.

BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access

BlockFi Trading LLC NMLS ID#1873137 | NMLS Consumer Access

Digital currency is not legal tender, is not backed by the government, and crypto accounts held with BlockFi are not subject to FDIC or SIPC protections. Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions. Eligibility for particular products and services is subject to final determination by BlockFi. Rates for BlockFi products are subject to change.

BlockFi Rewards Credit Card: For more information, please see BlockFi’s Terms of Service. BlockFi is not a Bank. Cards are issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa® USA Inc. Rewards are not offered by Evolve Bank & Trust and are instead offered and managed by BlockFi.

BlockFi International Ltd. holds a Class F digital assets business license under the Digital Assets Business Act, 2018 (as amended) and is licensed by the Bermuda Monetary Authority to conduct the following digital assets business activities: (i) issuing, selling or redeeming virtual coins, tokens or any other form of digital assets (ii) operating as a digital asset exchange (iii) providing custodial wallet services (iv) operating as a digital asset derivative exchange provider and (v) operating as a digital assets services vendor.

See blockfi.com/terms for more information.

BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access

BlockFi Trading LLC NMLS ID#1873137 | NMLS Consumer Access

See blockfi.com/terms for more information.

The BlockFi Rewards Visa® Signature Credit Card is Now Available for All Eligible US Residents!

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