- Blockchain-driven monetary platform BlockFi has partnered with purchase-based intelligence agency Cardlytics to launch BlockFi Affords.
- The brand new rewards program will allow BlockFi cardholders to earn as much as 10% crypto again on choose purchases.
- BlockFi Affords rewards could be accrued on high of BlockFi’s present 1.5% crypto again on all purchases.
Incomes crypto is about to get simpler for customers of BlockFi, a blockchain-driven monetary platform. That’s as a result of the New Jersey-based firm is partnering with purchase-based intelligence agency Cardlytics to launch a brand new rewards program referred to as BlockFi Affords.
The BlockFi Affords rewards program will permit BlockFi’s Rewards Visa cardholders to earn as much as 10% crypto again once they use their card to make purchases at choose manufacturers and eating places. Taking part retailers embrace Shake Shack, H&M, End Line, Costco, Meta Quest, Jared, and extra.
“Partnering with BlockFI to bridge the hole between crypto and conventional monetary establishments to ship a versatile answer for his or her prospects to buy, pay and be rewarded may be very thrilling,” mentioned Cardlytics FI EVP Farrell Hudzik. “As blockchain and digital currencies change into extra accepted, it’s crucial that we facilitate common redemption alternatives.”
The crypto rewards launching in the present day could be earned on high of BlockFi’s 1.5% crypto again on each buy. Cardlytics routinely provides the presents to every cardholder’s BlockFi account on the finish of each month.
Based in 2017, BlockFi seeks to bridge the hole between cryptocurrencies and conventional monetary and wealth administration merchandise. Since launching its Rewards Visa bank card, BlockFi has added greater than 85,000 cardholders and distributed greater than $26 million in crypto rewards to these customers.
BlockFi Affords can be accessible to all BlockFi Rewards cardholders earlier than the top of this month.
Cardlytics, which has been facilitating rewards and presents since launching in 2008, additionally helps entrepreneurs acquire perception into client habits by analyzing the place and when shoppers spend their cash. The corporate went public on the NASDAQ underneath the ticker CDLX in 2018 and has a present market capitalization of $986 million.
Photograph by Kalia Chan