The financial world is witnessing a pivotal shift as cryptocurrency continues to integrate into everyday consumer experiences. At the forefront of this transformation, BlockFi has officially begun rolling out its highly anticipated BlockFi Rewards Visa® Signature Credit Card to select U.S. waitlist members. This marks a significant milestone in bridging traditional credit spending with crypto rewards, offering users a seamless way to earn Bitcoin on routine purchases.
Since launching the waitlist in December 2020, nearly 400,000 individuals have expressed interest—demonstrating strong consumer demand for crypto-integrated financial products. Following a successful beta testing phase, BlockFi, in partnership with Visa, Evolve Bank & Trust, and Deserve, is now extending access to early applicants.
How the BlockFi Rewards Credit Card Works
The BlockFi Rewards Visa® Card is designed to reward users every time they spend. Here’s what cardholders can expect:
- 1.5% back in Bitcoin on all purchases — No category restrictions. Every dollar spent earns crypto rewards.
- 3.5% Bitcoin rewards for the first 90 days — A limited-time boost to accelerate early earnings.
- 2% back in Bitcoin on annual spending over $50,000 — High spenders receive enhanced rewards.
- No annual fee — Making it accessible without hidden costs.
Rewards are automatically transferred to the cardholder’s BlockFi Interest Account (BIA), where they can continue earning compound interest in cryptocurrency. This dual benefit—earning Bitcoin on purchases and growing it over time—creates a powerful incentive for long-term financial growth in the digital asset space.
👉 Discover how you can start earning crypto rewards on everyday spending.
Visa-Powered Benefits and Lifestyle Perks
Beyond crypto rewards, the BlockFi card unlocks a suite of premium benefits through its Visa Signature partnership. Cardholders gain access to exclusive experiences such as:
- Visa Signature Luxury Hotel Collection — Complimentary room upgrades and amenities at over 900 luxury hotels worldwide.
- Silvercar by Audi — Discounted rentals from an all-Audi fleet for premium ground transportation.
- Travel protections, concierge services, and purchase security — standard with most Visa Signature cards.
These perks position the BlockFi card not just as a crypto tool, but as a full-featured lifestyle credit card for modern consumers.
Expanded Earning Opportunities
BlockFi goes beyond basic cashback by integrating multiple avenues to earn more Bitcoin:
🔹 Stablecoin Bonus
Cardholders who hold stablecoins like GUSD, PAX, or USDC in their BIA can earn up to an extra 2% APY on top of existing rates. Over the first year of membership, this bonus is calculated based on the average daily stablecoin balance and paid out in Bitcoin—capped at $200 in rewards.
🔹 Trading Bonus
Active traders receive 0.25% of their trading volume back in Bitcoin, up to $500 in BTC per month. This applies to eligible cryptocurrency trades on the BlockFi platform. The more you trade, the more you earn—making this ideal for frequent traders.
Note: Stablecoin-to-stablecoin trades do not qualify for this bonus.
🔹 Refer-a-Friend Bonus
Referral incentives have been enhanced for cardholders:
- Earn $40 in Bitcoin for each of your first four successful referrals.
- Earn $50 in Bitcoin for every referral after that.
- No cap on total earnings — refer endlessly and maximize rewards.
This tiered structure encourages community growth while directly rewarding user engagement.
No Credit Score Impact During Pre-Approval
One of the most user-friendly features is the ability to check pre-approval status without affecting your credit score. A soft credit inquiry is performed initially; only upon acceptance of the card offer does a hard pull occur. This transparency empowers users to explore eligibility risk-free.
The card also features a sleek, metallic design with a prominent Bitcoin logo—symbolizing both style and a commitment to the future of finance.
Why This Card Matters in 2025
As digital currencies gain mainstream traction, financial products that merge crypto with daily spending are becoming essential. The BlockFi Rewards Card eliminates friction between fiat transactions and crypto accumulation. Instead of converting cashback into gift cards or airline miles, users build real, appreciating assets.
Terry Angelos, SVP and Global Head of Fintech at Visa, emphasized the growing relevance:
“Crypto rewards programs are a compelling way to engage consumers in the crypto economy. We're excited to see programs like the BlockFi Rewards Visa® Card, which offer rewards that are relevant to the growing community of digital currency adopters.”
Flori Marquez, Co-Founder and SVP of Operations at BlockFi, added:
“The crypto industry has come a long way since the first Bitcoin payment transaction 11 years ago. Today, nearly everyone knows about the important role crypto plays in reshaping the financial space, and our new credit card is set to be another game-changer.”
👉 See how you can turn everyday purchases into long-term crypto growth.
Frequently Asked Questions (FAQ)
Q: Who is eligible for the BlockFi Rewards Credit Card?
A: The card is available to select U.S.-based individuals who joined the waitlist and meet underwriting criteria. Geographic and regulatory restrictions apply.
Q: Does applying affect my credit score?
A: Checking pre-approval uses a soft inquiry, which doesn’t impact your score. A hard inquiry occurs only if you accept the offer.
Q: Where can I use the BlockFi Rewards Card?
A: Anywhere Visa is accepted—online, in-store, or internationally.
Q: How are Bitcoin rewards distributed?
A: Rewards are deposited directly into your BlockFi Interest Account (BIA) in Bitcoin at the end of each billing cycle.
Q: Are there foreign transaction fees?
A: No. The card does not charge foreign transaction fees, making it ideal for international travel.
Q: Can I earn rewards on balance transfers or cash advances?
A: No. Bitcoin rewards apply only to eligible purchases.
👉 Start earning Bitcoin today—see if you qualify.
Core Keywords
- BlockFi Rewards Credit Card
- earn Bitcoin on purchases
- crypto rewards credit card
- Visa crypto card
- no annual fee credit card
- Bitcoin cashback
- BlockFi Interest Account
- crypto spending rewards
Final Thoughts
The launch of the BlockFi Rewards Visa® Card represents more than just a new financial product—it’s a step toward a future where cryptocurrency is seamlessly woven into everyday life. By allowing users to earn Bitcoin on groceries, gas, travel, and more, BlockFi is democratizing access to digital asset growth.
With no annual fee, layered bonus programs, and powerful partnerships, this card sets a new standard for what a modern credit card should offer in the digital age. Whether you're a seasoned crypto investor or just beginning your journey, the opportunity to earn while spending has never been easier.
For those still on the waitlist or considering joining, now is the time to act—access is rolling out gradually, and early adopters stand to benefit most from introductory bonuses and long-term compounding gains.