The crypto industry keeps growing at a fast pace, and everyone is trying to come up with a product that will make crypto easy to use even for people who have little or no knowledge about cryptocurrency.

Several companies are bringing credit cards to the crypto industry just like how a credit card is common in traditional finance. In this article, we going to give you a review of the BlockFi credit card and Bitcoin Upgrade card.

BlockFi is a crypto-based company founded in 2017, it offers financial services such as a trading platform, lending, digital wallet, and interest account. Block is one of the leading crypto companies that is issuing crypto credit cards.

BlockFi made it easy for people who want to enter into crypto without directly investing their money in buying particular crypto.

Features of BlockFi

Here are some features of BlockFi you’d like to check out:

1. Earn 1.5% on Every Purchase

   BlockFi allows its users to earn 1.5% on every purchase they made. If any user made a purchase of over $30,000 in a year, you will be rewarded with 2% back. They started counting the year from the day use started using the card.

2. No Yearly Fee BlockFi made the card easy for its users to use by not claiming any yearly fee and this make a lot of people start using the card. Unlike traditional finance that deduct fees upon fees from their customer.

3. Trading Bonus

BlockFi offers its user an opportunity to earn 0.25% in Bitcoin on every of their successful trade. Though this bonus is small, however, it is something that can compound over time.

The maximum amount of bonus that can be issued a month is $500 in Bitcoin. If you can refer people you will earn $30 in crypto.

4. No International Transaction Fee

Unlike many other credit cards that charge 3 to 5% on any international transaction. BlockFi doesn't charge its users any international transaction fee. It's completely free and that's why a lot of people who are travelers like to use a BlockFi card.

5. Card Holders Earn Interest on their Holdings

BlockFi offers its users the opportunity to earn while holding their crypto such as Bitcoin, Ethereum, etc in their wallet.

Pros

• No yearly fee

• No unknown charges

• No International transaction fee

• Good customer support

• Cardholders earn interest on their holdings

Cons

• Only a member/customer can enjoy the benefits

• It offers a limited number of crypto

• No bonus categories

Upgrade Bitcoin reward card is good for people who have heard about bitcoin and want to earn Bitcoin without putting their money directly into it.

Upgrade Bitcoin reward cards afford people with low credit scores to also enjoy bitcoin rewards whenever they use the card for any purchase.

It offers a low barrier to entry for those who are new to the crypto space and also for those who have low credit scores.

Cardholders can send funds to their traditional bank account and it allowed purchases anywhere Visa is available. It is made to combine the role of loans and credit cards.

Here are the features of Upgrade Bitcoin you would like to check out:

1 Low barrier to entry

It offers those who are scared of using their fund to invest directly into crypto an opportunity to earn Bitcoin passively, with that the number of bitcoin holders keeps increasing.

2 Good user experience

Upgrade Bitcoin offers a good user experience and it is easier for users to check their bitcoin wallet on their mobile and also make payments via Apple pay or Google pay.

3 No Card Fees

Upgrade Bitcoin Card is unique, unlike the traditional bank's card that burdens their users with fees every time. Upgrade Bitcoin card charges no yearly fees, no international transaction fee, or any known fee. The card is free.

4 Earn 1.5% Interest on Purchases

Upgrade Bitcoin rewards offer you a chance to earn 1.5% every that you use the card to buy an item. For example, if you buy something worth,000 you will receive a $15 reward in bitcoin.

Using the Upgrade Bitcoin reward card gives you an opportunity to unlimited 1.5% reward every time you use the card. The unlimited 1.5% reward in bitcoin on every purchase can help users over a long period build up a large bitcoin portfolio.

5 Fixed APR (annual percentage return)

Unlike traditional bank credit card that doesn't have a fixed APR. Upgrade bitcoin has a fixed APR and also the interest rate is low not unlike other credit cards.

6 Lenient Approval Condition

Upgrade Bitcoin reward card is good for people who are still trying to build their credit. It allows people who have average credit to still use it.

Pros

• It allows users to earn bitcoin

• No yearly charges

• Good for people with low credit

• No inter-country transaction fee

• Easy to Operate

Cons

• Bitcoin earn as a reward cannot be moved to another wallet.

• No bonus categories

• No new sign-up bonus

Crypto credit cards such as BlockFi credit cards and Upgrade Bitcoin reward cards offer a seamless way to onboard people into crypto without any complications. The cards are good for people who don't need travel rewards or cashback.

It helps people that are not crypto-centric in building up their crypto portfolio even without their active participation in crypto.

Crypto reward cards have been a helpful mechanism to onboard people who want to test the water of cryptocurrency with ease.

Both BlockFi card and Upgrade Bitcoin card have their pros and cons. Both of them are on their journey to onboard people to crypto at the global level.

The crypto industry keeps growing at a fast pace, and everyone is trying to come up with a product that will make crypto easy to use even for people who have little or no knowledge about cryptocurrency.

Several companies are bringing credit cards to the crypto industry just like how a credit card is common in traditional finance. In this article, we going to give you a review of the BlockFi credit card and Bitcoin Upgrade card.

BlockFi is a crypto-based company founded in 2017, it offers financial services such as a trading platform, lending, digital wallet, and interest account. Block is one of the leading crypto companies that is issuing crypto credit cards.

BlockFi made it easy for people who want to enter into crypto without directly investing their money in buying particular crypto.

Features of BlockFi

Here are some features of BlockFi you’d like to check out:

1. Earn 1.5% on Every Purchase

   BlockFi allows its users to earn 1.5% on every purchase they made. If any user made a purchase of over $30,000 in a year, you will be rewarded with 2% back. They started counting the year from the day use started using the card.

2. No Yearly Fee BlockFi made the card easy for its users to use by not claiming any yearly fee and this make a lot of people start using the card. Unlike traditional finance that deduct fees upon fees from their customer.

3. Trading Bonus

BlockFi offers its user an opportunity to earn 0.25% in Bitcoin on every of their successful trade. Though this bonus is small, however, it is something that can compound over time.

The maximum amount of bonus that can be issued a month is $500 in Bitcoin. If you can refer people you will earn $30 in crypto.

4. No International Transaction Fee

Unlike many other credit cards that charge 3 to 5% on any international transaction. BlockFi doesn't charge its users any international transaction fee. It's completely free and that's why a lot of people who are travelers like to use a BlockFi card.

5. Card Holders Earn Interest on their Holdings

BlockFi offers its users the opportunity to earn while holding their crypto such as Bitcoin, Ethereum, etc in their wallet.

Pros

• No yearly fee

• No unknown charges

• No International transaction fee

• Good customer support

• Cardholders earn interest on their holdings

Cons

• Only a member/customer can enjoy the benefits

• It offers a limited number of crypto

• No bonus categories

Upgrade Bitcoin reward card is good for people who have heard about bitcoin and want to earn Bitcoin without putting their money directly into it.

Upgrade Bitcoin reward cards afford people with low credit scores to also enjoy bitcoin rewards whenever they use the card for any purchase.

It offers a low barrier to entry for those who are new to the crypto space and also for those who have low credit scores.

Cardholders can send funds to their traditional bank account and it allowed purchases anywhere Visa is available. It is made to combine the role of loans and credit cards.

Here are the features of Upgrade Bitcoin you would like to check out:

1 Low barrier to entry

It offers those who are scared of using their fund to invest directly into crypto an opportunity to earn Bitcoin passively, with that the number of bitcoin holders keeps increasing.

2 Good user experience

Upgrade Bitcoin offers a good user experience and it is easier for users to check their bitcoin wallet on their mobile and also make payments via Apple pay or Google pay.

3 No Card Fees

Upgrade Bitcoin Card is unique, unlike the traditional bank's card that burdens their users with fees every time. Upgrade Bitcoin card charges no yearly fees, no international transaction fee, or any known fee. The card is free.

4 Earn 1.5% Interest on Purchases

Upgrade Bitcoin rewards offer you a chance to earn 1.5% every that you use the card to buy an item. For example, if you buy something worth,000 you will receive a $15 reward in bitcoin.

Using the Upgrade Bitcoin reward card gives you an opportunity to unlimited 1.5% reward every time you use the card. The unlimited 1.5% reward in bitcoin on every purchase can help users over a long period build up a large bitcoin portfolio.

5 Fixed APR (annual percentage return)

Unlike traditional bank credit card that doesn't have a fixed APR. Upgrade bitcoin has a fixed APR and also the interest rate is low not unlike other credit cards.

6 Lenient Approval Condition

Upgrade Bitcoin reward card is good for people who are still trying to build their credit. It allows people who have average credit to still use it.

Pros

• It allows users to earn bitcoin

• No yearly charges

• Good for people with low credit

• No inter-country transaction fee

• Easy to Operate

Cons

• Bitcoin earn as a reward cannot be moved to another wallet.

• No bonus categories

• No new sign-up bonus

Crypto credit cards such as BlockFi credit cards and Upgrade Bitcoin reward cards offer a seamless way to onboard people into crypto without any complications. The cards are good for people who don't need travel rewards or cashback.

It helps people that are not crypto-centric in building up their crypto portfolio even without their active participation in crypto.

Crypto reward cards have been a helpful mechanism to onboard people who want to test the water of cryptocurrency with ease.

Both BlockFi card and Upgrade Bitcoin card have their pros and cons. Both of them are on their journey to onboard people to crypto at the global level.