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Blockfi Bitcoin Rewards CC

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tg4life
Valued Member

Blockfi Bitcoin Rewards CC

I wasn't able to find much info on the Blockfi card but if anyone was wondering I was approved for a sl of $5,000. I didn't get a hard inquiry yet. You get 1.5% back in bitcoin for every purchase.

Message 1 of 28
27 REPLIES 27
Mr_Mojo_Risin
Senior Contributor

Re: Blockfi Bitcoin Rewards CC


@tg4life wrote:

I wasn't able to find much info on the Blockfi card but if anyone was wondering I was approved for a sl of $5,000. I didn't get a hard inquiry yet. You get 1.5% back in bitcoin for every purchase.


I've never heard of this card. I'm not real familiar with bitcoin so that's probably why lol.

Glad to hear of your approval, congratulations!

NFCU More Rewards 28K CL
NFCU Cash Rewards 16K CL
Citi Custom Cash 7.5K CL
AODFCU Visa Sig 5K CL
Discover IT 2.5K CL
Capital One QS 3600 CL
Message 2 of 28
Spotsy
Frequent Contributor

Re: Blockfi Bitcoin Rewards CC

Congrats on your approval.  There is a waitlist to apply, and in the beginning to even get on the list you had to open and fund a BlockFi account.  They eventually opened it to everyone but you were much further down on the list.


Do you remember what position number on the list you were?

FICO 8: TU:831 / EQ:837 / EX:827 as of 12/25/2023
Message 3 of 28
FalconSteve
Valued Contributor

Re: Blockfi Bitcoin Rewards CC

Congrats on the approval

 

I wouldn't expect to find much since you can buy BTC with a 2% card and get more. Plus, BTC isn't great for the planet when mined irresponsibly (with fossil fuels).

1/8/17 Discover $18300 CL- $1k SL- AU, wife
1/26/20 AmEx Cash Magnet $35k CL, wife
2/19/20 BB&T/Truist Rewards $11k SL- impulse application
2/22/20 Citi Double Cash WEMC $2.9k-->$4.4k-->$8.4k-->$13.4k-->$17.4k-->$19.4k-->$22.4k AU, wife
3/8/20 Wells Fargo Propel AmEx/Autograph VISA $2900-->$3200-->$5000-->$8800 CL- AU, wife
3/9/20 Truist Rewards $11k SL- AU, wife- impulse app
3/21/20 REDcard MasterCard (TD Bank) $2500-->$6000-->$6500 CL
11/24/20 AmEx Cash Magnet $10k SL-->36hr-->$20k-->$35k CL
6/10/21 SoFi World Elite MC (TBOM) $7000 SL
1/19/22 AppleCard/GS $6k-->$10k-->$11k AU, wife
8/15/22 Chase freedom flex $10.3k SL-->$12.5k-->$15k AU, wife
7/5/23 Lowes/Synchrony $4k-->$10k-->same day-->$35k CL
8/2/23 Chase freedom flex $19k --> $22.8 CL
8/2/23 Discover $8k SL
Message 4 of 28
trant3
Established Contributor

Re: Blockfi Bitcoin Rewards CC

Congrats but couldnt you just get 2% back with, lets say, the Sofi MC and buy BTC instead blockFi's 1.5%?

FNBO $15k, Aspiration Zero $11k, Affinity FCU $10k, Sofi $15k, Venmo Visa $2.7k, Apple $7k, Citi Custom Cash $14k, Citi Double Cash $15k, Citizens Bank Cash Plus $8k, Chase Amazon $3k, Chase Flex $13.6k, Chase IHG $16k, Amex BCP $9.5k, Amex Hilton $10k, Chase Freedom $26.5k, NFCU Plat $46k, NFCU Cash $33k, Discover IT $29k, Discover Miles $12k, BECU Visa $14k, Wells Fargo Active $6.3k, PenFed Promise $15k, PenFed Gold $20k
Message 5 of 28
KLEXH25
Valued Contributor

Re: Blockfi Bitcoin Rewards CC

Interesting...have not heard of this one. Congratulations on your approval!



Message 6 of 28
tg4life
Valued Member

Re: Blockfi Bitcoin Rewards CC

I got on the waitlist on May 21st. I did 4 referrals and got my position number from 300k to 6094.

Message 7 of 28
tg4life
Valued Member

Re: Blockfi Bitcoin Rewards CC


@trant3 wrote:

Congrats but couldnt you just get 2% back with, lets say, the Sofi MC and buy BTC instead blockFi's 1.5%?


I have a couple cash back rewards cards. But, since I invest in btc already using blockfi, it makes it easier for me.

Message 8 of 28
CreditAggie
Community Leader
Super Contributor

Re: Blockfi Bitcoin Rewards CC

Congratulations on your Bitcoin Rewards approval!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (April 2024):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 9 of 28
Total80sKid
Senior Contributor

Re: Blockfi Bitcoin Rewards CC

Congrats on your Blockfi Bitcoin approval 👍🏼

Message 10 of 28
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