BlockFi Credit Card Review and Referral code – BlockFi VS NEXO VS Card

BlockFi Credit Card Review 2021 and Referral code – BlockFi VS NEXO

BlockFi is about to launch the first Bitcoin Credit Card ever. 

The BlockFi Bitcoin credit card will come with a lot of benefits and rewards.

For example, you will get 1.5% cashback, paid in Bitcoin, on every purchase.

There are no staking requirements to get the card as it can be for similar products offered from also have cards where you don´t have to stake and we will review and compare the competitors in some tables below.

We use BlockFi interest accounts to earn crypto passive income but in this review we will review the BlockFi VISA credit card and the rewards you can get with the card.

What is BlockFi?

BlockFi is a privately-held NYC-based lending platform founded in 2017. BlockFi offers lending, borrowing and trading features. In addition, BlockFi has now launched a crypto credit card which we will review further in this article.

Short summary of BlockFi

  • Features: Earn, Lending, Trading
  • Minimum Deposit: $0
  • Supported Cryptocurrencies: Bitcoin, Ethereum, Litecoin
  • Supported Stablecoins: USDC, GUSD, USDT
  • APY on Earn: Up to 8.60% 
  • Monthly Fees: $0
  • Promotions: Up to $250 bonus, starting at $25 USDC

What is BlockFi Visa Credit Card?

BlockFi has launched the first Bitcoin credit card.

The BlockFi Bitcoin Rewards Credit Card will be available in 2021 to US residents in qualified states.

The BlockFi VISA card can be used at any merchant that accepts Visa. There are no foreign transaction fees incurred.

The BlockFi Rewards Visa® Signature Credit Card does require “good” to “excellent” credit, but the good news is that you can see if you are pre-approved without having any impact on your credit.

BlockFi Credit Card Rewards Review

BlockFi Credit Card offers a lot of different rewards which we will review in this section.

Check out all the BlockFi credit card bonuses below

  • Intro bonus: Earn 3.5% Bitcoin rewards on all purchases in the first 90 days of card ownership after activation, up to $100 in Bitcoin. To reach the full $100 cap would require at least $5,000 in USD card spend.
  • Trading bonus: 0.25% back in Bitcoin on all eligible trades, up to a maximum of $500 in Bitcoin each month
  • Spend bonus: Earn 2% back in Bitcoin on every dollar over $50,000 of annual spend. Rewards rate increases from 1.5% to 2% after $50,000 of spend has been achieved and resets on the card anniversary date every year.
  • Refer-a-friend bonus: $30 in Bitcoin for every client referral, on top of the base Refer-a-Friend program

In addition, the BlockFi credit card includes rewards which gives you instant access to once-in-a-lifetime travel, fine wine and food, sporting events, shopping and more from Visa.

  • Enjoy special access to unforgettable experiences with your BlockFi Rewards Visa Signature card—from fine wine and food events, luxury hotels and premium car rental service to once-in-a-lifetime sporting events, shopping and more.
  • Your BlockFi Rewards Visa Signature card comes with 24/7 access to your Visa Signature® Concierge* for assistance booking travel, transportation, accommodations, event tickets—even restaurant reservations and golf tee times.

Get up to $250 sign up bonus 

How to Apply for the BlockFi Credit Card?

To apply for the BlockFi credit card, you must first go through the preapproval process.

Herem your status will be evaluated to see if you qualify for a BlockFi Bitcoin Rewards credit card and this will not impact your credit score.

If you proceed with your application after receiving an offer and rate, you must check the box agreeing to a hard pull of your credit and your credit score may be impacted by Deserve’s credit inquiry.

Outstanding balances are liable to be charged a variable interest rate between 14.99% and 22.99%, which is pretty standard for most credit cards

BlockFi Card VS Card

Here, we compare the BlockFi Visa credit card with the Midnight blue MCO card. has many different card and they all come with different levels of rewards and benefits. However, they all also come with different levels of requirements from your end. has a staking requirement for most of their cards. You need to stake a certain amount of CRO to get specific rewards and benefits.

Since BlockFi has no staking requirements we chose to compare with the Midnight blue card from which has no staking requirements either.


Blockfi Review logo exchange logo

*BlockFi signup bonus of $250 in bitcoin after spending $3,000 or more on the card within the first three months.

**If you stake 2.500 CRO or more.

BlockFi Card VS Swipe Card

Here, we will compare the BlockFi Visa credit card with Swipe Saffron Visa debit card.

The Swipe Sky card card also be used for comparison but in this case we went for the Saffron card.

We used similar argument here as for the MCO card. Swipe also offer many different cards and they all come with different benefits and rewards.

However, the Saffron card is the only card with no staking requirements and since BlockFi ahas no staking requirements we did compare those 2 cards.

Blockfi Review logo
Swipe SXP Visa Card Logo

BlockFi Card VS Nexo Card

Here, we compare Nexo and BlockFi cards.

Blockfi Review logo
Nexo logo

*BlockFi signup bonus of $250 in bitcoin after spending $3,000 or more on the card within the first three months.

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