You will receive your crypto rewards based on the sum of your settled transactions since your last redemption period.
You will earn 1.5 reward points for each $1 purchase on the card. Your total number of reward points will be redeemed for an amount of crypto on the redemption date each month (for each reward point, you will earn approximately $0.01, denominated in the crypto of your choosing on the redemption date).
Reward points have no cash value and may not be withdrawn or transferred. The amount displayed within the dashboard is an estimated amount based on the current price of the crypto of your choosing and may or may not equal the actual amount of crypto paid on the redemption date depending on fluctuations in the price of crypto of your choosing.
The amount of crypto you receive will be based on the applicable market price of the crypto of your choosing at the time of rewards disbursement, subject to applicable spreads, charges, or fees. There is a spread applied when your points are redeemed. For more detailed information please see the BlockFi Rewards Program and Crypto Rewards Account Terms.