New BlockFI CC looks lit. Thoughts?

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Pretty underwhelming to be honest.

1.5% cash back is effectively industry standard without an annual fee.

Annual fee of $200 is a really strange price point - between the $100 cards and the $400 cards... but doesn’t even really match what other $100 cards offer.

First quarter spending bonus basically covers the annual fee and Other bonuses (extra 2% apy on stable coin, 3.5% bonus on quarter 2) would actually be legit, but they’re capped at levels too low to be enticing.

As mentioned above, waiting on geminis.

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Valid. Looking forward to what Gemini comes up with as well

I heard rumors with Celsius, but not holding my breath

Ok, so unless Gemini is better seems like I’m getting this. It’s basically free if you have a $10k deposit of stablecoins, which I have.

So it’s a free card that gives me discounts on my ETH DCA strategy, and 1.5% cash back. I’ll take it!

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I’m on the waitlist

I like it, but 1.5% cash back is too low given that other cards offer better and don’t charge annual fee

Basically your paying blockfi an annual fee (I can’t recall if it was $100 or $150 or $250) to convert roughly a few hundred bucks into btc for you every year

The only reason I’d get it is for the status symbol / social statement. Like wearing an Apple Watch to signal that ur digitally savvy ... except in this case ur crypto savvy

The Gemini card may be better

likehelpful

Pretty solid

I wasn’t excited until I saw the extra 2% on stablecoins. 10.6% net (8.6 regular + 2 cc bonus) on what is essentially cash is amazing. Why even put cash in the market (except to diversify from Blockfi counterparty risk)??

Always plan to do your own accounting in crypto
D1- you pay taxes on dividends every year and your broker gives you a form called a 1099-DIV

It’s spend limits are like $200 on cash back for bitcoin. I was ready to wait to charge my new living room set for this. This is dumb. What’s Gemini have to offer, supposedly?

What do you mean spend limit?

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