On November 19, 2021, BlockFi announced that the Stablecoin Boost benefit (the extra 2% APY stablecoin holdings) will be discontinued for new cardholders beginning December 1, 2021. Existing cardholders will receive the Stablecoin Boost for their first year of card ownership for stablecoins that remain in their BlockFi Interest Account, capped at $200 in crypto. The bonus accrued based on cardholders’ average daily stablecoin BIA balance, will be paid on the first credit card rewards payout date following their one-year card anniversary. The benefit is only available for clients with an accepted BlockFi Rewards credit card offer before December 1, 2021. The benefit will not be renewed for subsequent years.
BlockFi is committed to adding more ways for you to earn crypto by using the BlockFi Rewards Credit Card. We plan to add features that could give you additional ways to earn more crypto rewards beyond the baseline 1.5% back.
For more detailed information please see the BlockFi Rewards Program and Crypto Rewards Account Terms.
For more information, please see BlockFi’s Terms of Service. BlockFi is not a Bank. Cards are issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa® USA Inc. Rewards are not offered by Evolve Bank & Trust and are instead offered and managed by BlockFi.