Today, BlockFi announced BlockFi Offers, a new rewards program that gives more crypto earning options to the BlockFi Rewards Visa® Signature Card . Through BlockFi Offers, BlockFi cardholders can earn additional and personalized rewards with up to 10% crypto back at thousands of select brands and restaurants. 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.
At the time of launch, these new card-linked offerings include: adidas, Shake Shack, HM, 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 offers, track rewards, and more.