Blockchain Cryptocurrency News

Introducing BlockFi Offers, a New Rewards Offering That Gives BlockFi Cardholders More Ways to Earn Crypto

Introducing BlockFi Offers, a New Rewards Offering That Gives BlockFi Cardholders More Ways to Earn Crypto
Benefits to cardholders include additional reward rates, up to 10% back in crypto at thousands of favorite brands and restaurants

BlockFi announced BlockFi Offers, a new rewards program designed to deliver more value through new crypto rewards offerings to the BlockFi Rewards Visa Signature Card community. Through BlockFi Offers, BlockFi cardholders can earn additional and personalized rewards with up to 10% crypto back at thousands of select brands and restaurants1. This simple and seamless rewards program empowers cardholders to earn even more crypto on everyday purchases. BlockFi Offers will be open to all BlockFi cardholders before the end of May.

“We are very pleased to launch BlockFi Offers and embed crypto further into the everyday lives of our cardholders by delivering personalized card-linked offers with household brands. This is just one of the many benefits available to BlockFi cardholders, and I’m looking forward to when we launch more rewards and features in the near future,” said Zac Prince, BlockFi CEO & Founder.

Latest Fintech News: European Compaynet Partners with TreviPay to Expand Embedded Payments Solution with B2B Trade Credit

At the time of launch, these new card-linked offerings include: adidas, Shake Shack, H&M, Finish Line, Costco, Meta Quest, and Jared along with hundreds more. Cardholders can select to redeem these rewards in more than 10 different cryptoassets offered on BlockFi.

This is on top of the standard 1.5% back in crypto on every purchase. For example, a BlockFi cardholder making a purchase at a local coffee shop that has a 5% back offer, while the offer is valid, can earn 5% back in crypto on top of the 1.5% base rewards rate, for a total rewards rate of 6.5% back in crypto on that purchase. These offers, which are enabled by Cardlytics, a card rewards platform with hundreds of brands and retail partners, are automatically added directly to each cardholder’s BlockFi account at the end of every month for immediate use. Cardholders can also use the BlockFi app to find curated offers, track rewards, and more.

Latest Fintech News: StellarFi Selects LiveLike to Bring Interactive Features to Platform Aimed at Increasing Credit Access for Underserved Communities

“BlockFi is actively developing partnerships to continually add more ways to earn crypto rewards. In less than one year, the BlockFi cardholder community has grown to more than 85,000. It’s really promising that, since launch, BlockFi has given out more than $26 million in crypto rewards to our cardholders. Our cardholder community is full of crypto enthusiasts who want more daily opportunities to grow their crypto wealth, and BlockFi is committed to making this a reality,” said Prince.

“The evolving consumer sentiment toward crypto is very exciting. Partnering with BlockFI to bridge the gap between crypto and traditional financial institutions to deliver a flexible solution for their customers to shop, pay and be rewarded is very exciting.  As blockchain and digital currencies become more accepted, it is imperative that we facilitate universal redemption opportunities,” Farrell Hudzik, EVP, Cardlytics Financial Institutions.

Latest Fintech News: iCapital Secures Three Patents for Innovations in Alternative Investing Technology

[To share your insights with us, please write to]

Related posts

Kansys, Inc. Announces New Name for Flagship Enterprise Billing Software: “The Kansys Edge”

Fintech News Desk

Tech Startup, Bank of Kicks, Plans to Launch First Crypto Bank Backed by Sneakers

Fintech News Desk

Moglix Raises $250 Million At $2.6 Billion Valuation, Delivers 80x Return To Seed Investors

Fintech News Desk