Blockrize, San Francisco based startup intends to reward its customers with the cryptocurrency of their choice for purchase.
The CEO of Blockrize credit card, Thomas Harrison will provide fee-free cryptocurrency to the value of 1% rewards for each purchase made in the form of Bitcoin (BTC) and Ethereum (ETH). This will be added to the account of the users. Customers are allowed to select their preferred rewards cryptocurrency and modify it at any time.
Thomas Harrison was the head of the operation at the polling app Whatsgoodly, closed during summer 2017.
He also said that the card already has more than 2000 users on the waiting list.
Cardholders can use Blockrize app to pay credit card bills, monitor online statement and check their cryptocurrency rewards balances. The Blockrize website also presents a “crypto back calculator,” enabling users to enter their monthly investing average to observe what their total crypto rewards might be.
The website of the Blockrize displays that the average expenditure of $1,250 per month can earn $150-300 ‘cash back.’ Whoever invests the equal amount in 2017 would have earned $998 in BTC or $2,487 in ETH.
Company website explains,
“1% crypto back on every purchase — Choose which cryptocurrency you want and earn it every time you use your Blockrize card — All you do is a swipe, and we’ll handle the rest.”
“With the Blockrize card, you never pay fees on cryptocurrency, so you keep 100% of the rewards”.