The NY based cryptocurrency exchange Gemini announced that later this year it will launch a credit card that allows (US) customers to earn bitcoin rewards based on purchases.
The credit card will offer up to 3% “cash back” (in the form of bitcoin) rewards on purchases made with the cards. They envision allowing users to to earn other crypto assets as well.
This isn’t the first company to announce a credit card with bitcoin rewards. For example, BlockFi already announced its own card back in December. Lately I have been enjoying earning “Bitcoin Boosts” (5% cash back) on transactions that I complete using the Cash app. It remains to be seen if promotions such as these will persist through 2021
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