In an email from the founders sent out on January 1, 2020, BlockFi has announced a Bitcoin (BTC) rewards credit card.
BlockFi will also be launching a mobile app, and adding fiat on and off ramps.
While probably the most anticipated product from BlockFi in 2020 is it's BTC rewards credit card. They are still developing the newest BlockFi product, and you will be able to spend money on your BTC rewards credit card like you normally do, except instead of earning airline miles or cash-back, you’ll be able to earn what BlockFi says will be an industry-leading, BTC cash-back rate on every transaction that you make with the card.
They see the credit card as a way to add value to crypto OGs, and a catchy way to introduce crypto to non-owners in an easy, familiar way.
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