As you continue to see Bitcoin in headlines everywhere you turn, should you apply to have one of these cards land in your mailbox? Weigh these key considerations before adding your name to the waitlist.
We re focused here on the rewards and perks that come with each card. These cards won t be worth it if you re paying interest or late fees. When using a credit card, it s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Does the BlockFi Bitcoin credit card have an annual fee?
The card s rewards currency may be new, but it includes a common component of all cards in the premium market: a cost to carry it. Cardholders have to hand over a $200 annual fee. In the first year, you ll offset this via a slight twist on a traditional sign-up bonus: $250 in bitcoin after spending $3,000 in the first three months. There s an additional incentive in the second quarter of account ownership: 3.5% back in bitcoin on all your purch
No joint accounts
85,000 free ATMs nationwide
Earn 2.15% APY on balances up to $5,000; 0.25% APY on balances of $5,001 to $100,000; no APY on balances over $100,000
Choose 5 companies to earn 5% cash back with, on spending up to $500 per year
Interest compounded monthly, paid monthly
FDIC insured through partner bank, Evolve Bank & Trust Related
OnJuno Basic is a solid high-yield checking account. There s no minimum opening deposit or monthly maintenance fees. You ll earn 2.15% APY on balances up to $5,000, then 0.25% on balances up to $100,000. Even 0.25% APY is higher than what you ll earn with most checking accounts or even savings accounts.
OnJuno has a long list of companies you can earn cash back with. Choose five, and you ll earn 5% cash back on up to $500 of spending with those businesses each year.