Over the past few weeks several companies have came out offering VISA rewards cards by providing the consumer with BTC rewards, MCO rewards through crypto.com or any number of different rewards. Robinhood has also started publicizing their rewards card and VISA even filed for a digital dollar blockchain patent a few days ago. With so many options, everyone is starting to support the spending or HODL’ing of Crypto rewards. I’ve discovered that there are a few different ways we can maximize and multiply our earnings. Today I’m going to offer some advice to multiply your crypto rewards by merging your cards through separate accounts. Obviously if you have read my previous post about Crypto.com, you’d know that their entry level card you get 1% in MCO rewards back on all purchases. They have a tiered credit card system and the further you move up the tier the higher your rewards become.
The first step is to sign up with Crypto.com and create an initial account in which you will receive a free crypto.com credit card. Crypto.com is a crypto wallet that stores your crypto with very good staking rewards and credit card rewards. If you haven’t signed up, here is a link to get you a $50 signup bonus.
The second step is to sign up with the Fold app. Fold gives BTC rewards for purchasing gift cards through their app. You can keep track of your Satoshi’s and transfer them to your wallet after you reach 50,000 which is very easy. I got 50,000 by ordering 3 Amazon gift cards within two weeks. If you haven’t signed up with Fold feel free to sign up here for your bonus of 30,000 sats.
Now is where the good stuff begins. Through Crypto.com, you get 1% in rewards back for every purchase. You can load your FIAT wallet on Crypto.com with cash. What you want to do is use your crypto.com visa to make purchases on the FOLD app. Fold has a daily wheel that multiplies your Satoshi earning and you can also get up to 20% in BTC rewards back for certain items. For instance, here is a view of some of the gift cards they offer. If you look here you can see that I can get up to 20% back in Satoshi’s for buying a gift card from Callaway.
With the multiplier, I’d earn 150,000 satoshis plus the 1% in MCO that I get through Crypto.com. This would net me 40 MCO and 200000 satoshis.
Another way you can earn and multiply your Satoshis is by linking your Fold card to your current bank account. By doing this, every time you use your FOLD VISA it pulls FIAT funds from your bank account for everyday purchases from groceries to fuel or online purchases and you earn Satoshi’s. Everytime you swipe the card you earn satoshi’s.
Also, the crypto.com app comes with staking opportunities toward earning more crypto as well as being able to track your portfolio in general. The benefits alone are a huge plus towards the use of the card. I don’t foresee flying anytime soon and using free airport lounges but getting Spotify and Netflix for free is definitely a plus these days with the global pandemic. With the current future of currency looking gloomy and a possible shift towards global crypto currency, now is as good a time as any to start using the crypto.com credit card.
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