US Bank Quontic Launches Bitcoin Rewards Checking Account With Debit Card
Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said.
Bitcoin Rewards Checking Account
Quontic digital bank announced on Tuesday the launch of its “bitcoin rewards checking account.” The announcement states:
Quontic is the first FDIC-insured financial institution in the U.S. to go live with a bitcoin rewards debit card. Quontic customers can earn 1.5% in bitcoin on eligible debit card purchases.