Quontic Bank offers Debit Rewards in BTC
US Bank Quontic announced yesterday it was rolling out a Debit Card Rewards program that pays out 1.5% in BTC.
US Milestone - Quontic is the FIRST (1st) FDIC insured financial institution in the USA to go-live w/ a Bitcoin rewards card
Who did they work with? NYDIG recall I mentioned them last week as the partner that helped Massmutual buy up $100M worth of BTC this year. NYDIG provides Quontic with a secure custody platform to manage bitcoin rewards.
Where can I find a Quontic Bank location? Quontic is a U.S.-based bank headquartered in Manhattan, New York City. Quontic has additional locations in Astoria, New York; Melville, New York; Flushing, New York; and Miami, FL.
What do you need to open one of these cutting edge accounts? You will need to open a non-interest bearing personal checking account by putting down a minimum of $500.
What else is Quontic up too? Quontic has partnered with NYSE-listed Fidelity National Information Services Inc. (FIS) to build a mobile app with “bitcoin rewards tracking, reporting and functionality which is set to launch in Q2 of 2021.”
Summary - Quontic has joined lots of US Banks that have revealed their tactical Crypto offerings. I can't wait till one of them shows their entire Crypto Strategy.
Disclaimer - I am not an employee nor agent of Quontic. This is not intended to be construed as Financial advice!
Enjoy the Journey!
