Upgrade Bitcoin Rewards Card: 1.5% Back in Bitcoin - Aliens: AI Crypto News & Markets Updates
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Upgrade Bitcoin Rewards Card: 1.5% Back in Bitcoin

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NextAdvisor

Wed, Jan 12, 2022

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Upgrade Bitcoin Rewards Card Learn more At our partner’s secure site Upgrade Bitcoin Rewards Card Intro bonus:N/A Annual fee:$0 Regular APR:See Terms Recommended credit score:(No Credit History) 1.5% back in bitcoin when you make payments Earn 1.5% back in Bitcoin as you make payments on your card Fixed payments each month can help you save on interest if you carry a balance No annual fee No foreign transaction fees No welcome offer for new customers Potential for high APR Not available in every state Rewards can fluctuate in value based on market trends Bitcoin is added to your account 1-2 statement periods after your payment, and the value is based on market prices at that time If you sell the Bitcoin you earn, you’ll pay a 1.5% transaction fee, deducted from the sale Variable APR of 8.99% to 29.99% Credit lines range from $500 to $25,000 Pay down balances with a fixed interest rate and set monthly payments Not available in several states: Hawaii, Indiana, Iowa, Louisiana, Nebraska, Nevada, New Hampshire, North Carolina, Washington, West Virginia, Wisconsin, and the District of Columbia The Upgrade Bitcoin Rewards Card is a rewards credit card , and one of a few cryptocurrency-earning credit card options that have hit the market in the last few years.

The Upgrade Bitcoin Rewards Card does not offer a welcome bonus of any kind, which is a drawback compared to other cash back and rewards credit cards.

The Upgrade Bitcoin Rewards Card offers 1.5% back in Bitcoin as you make payments on your card.

Bitcoin you earn is purchased within 1-2 statement periods of you paying down your balance; this can make a difference in your rewards value, since Bitcoin’s price is highly volatile .

Finally, if you decide to sell the Bitcoin holdings you earn as rewards, you’ll pay a 1.5% transaction fee, which is deducted from the sale price.

The Upgrade Bitcoin Rewards Card doesn’t charge an annual fee or any foreign transaction fees.

If you have been wanting to get into crypto but haven’t yet taken the plunge, the Upgrade Bitcoin Rewards Card lets you experiment without committing your own cash.

Instead of earning traditional rewards with a cash back credit card , this card gives you 1.5% back in Bitcoin as you make monthly payments.

If you want to maximize the Upgrade Bitcoin Rewards Card, consider holding your Bitcoin earnings for the long haul.

A card with 1.5% cash back or 1.5x rewards within an issuer’s rewards program will offer a generally standard value, but the price of Bitcoin is highly volatile.

Before you decide to apply for an Upgrade Bitcoin Rewards Card, make sure you’re eligible based on your location.

If the risk associated with Bitcoin or long-term strategy isn’t what you’re looking for, a credit card with more traditional cash or points rewards may be a more valuable option.

Upgrade Bitcoin Rewards Card Intro bonus:N/A Annual fee:$0 Regular APR:See Terms Recommended credit:(No Credit History) Learn more At our partner’s secure site Upgrade Visa® Card with Cash Rewards Intro bonus:N/A Annual fee:$0 Regular APR:8.99% – 29.99% APR Recommended credit:580-740 (Fair to Good) Learn more At our partner’s secure site Chase Freedom Unlimited® As with all of our credit card reviews, our analysis is not influenced by any partnerships or advertising relationships.

A credit card that earns Bitcoin rewards could be a good way to begin investing in crypto without committing too much of your own money upfront.

With that being said, when you choose to earn Bitcoin rewards on your spending, you give up the opportunity to potentially earn more value from other cards.

If you’re looking at crypto rewards credit cards because you’re not willing to risk investing your own money into Bitcoin, consider whether cryptocurrency is a good choice for you.

The Upgrade Bitcoin Rewards Card does not charge foreign transaction fees for purchases abroad.

The Upgrade Bitcoin Rewards Card charges a 1.5% transaction fee to sell your Bitcoin and receive the value as statement credits.

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