Great Card If
- You invest in Bitcoin or want to invest in Bitcoin
- You already use the BlockFi Interest Account
Don’t Get If
- You have no interest in investing in Bitcoin or other crypto assets
The Ideal Cardholder
The ideal cardholder for the BlockFi Rewards card is someone interested in cryptocurrency investments, particularly Bitcoin, and may already leverage BlockFi’s Interest Account to earn yield on crypto deposits.
By combining these services, you can:
- Earn Bitcoin rewards on purchases.
- Deposit rewards into your BlockFi Interest Account to accrue interest paid in Bitcoin.
👉 Learn how to maximize your Bitcoin rewards
Key Benefits
Bitcoin Back on Trades
- Earn 0.25% back in Bitcoin on eligible trades (max $500/month).
- Requires $200,000 in monthly trades to hit the cap—ideal for active traders.
Stablecoin APY Bonus
- Receive a 2% APY bonus on stablecoin holdings (max $200 bonus).
- Rates fluctuate monthly; always verify current APYs.
Maximizing Your Bitcoin Rewards
Rewards are deposited monthly. Here’s how to use them:
BlockFi Interest Account
- Deposit rewards to earn additional Bitcoin interest (up to 8% APY).
- Note: U.S. customers cannot open new Interest Accounts currently.
Trade for Other Cryptocurrencies
- Convert Bitcoin to 12+ supported assets (e.g., Ethereum, Chainlink).
Sell for Cash
- Withdraw USD equivalent to your bank account.
How to Earn More Bitcoin
Spend Strategically
- 1.5% Bitcoin back on all purchases (uncapped).
- Spend $30,000/year to unlock 2% back.
Refer-a-Friend
- Earn **$30 in Bitcoin** per successful referral (vs. standard $10).
Alternative Crypto Cards
Gemini Credit Card
- 3% back on dining, 2% on groceries, 1% elsewhere.
- Rewards in 40+ cryptocurrencies.
Citi Double Cash® Card
- 2% cash-back on all purchases.
- $200 bonus after spending $1,500 in 6 months.
FAQ
Who should consider this card?
Crypto investors seeking Bitcoin rewards and passive income via BlockFi’s Interest Account.
How are rewards paid?
Monthly Bitcoin deposits based on spending/trades.
Can U.S. customers use the Interest Account?
Not currently available to new U.S. users.
What’s the referral bonus?
$30 in Bitcoin per referral.
By leveraging the BlockFi Rewards card, you turn everyday spending into Bitcoin growth—ideal for long-term crypto holders.