We need a crypto AMEX reward card

in cryptocurrency •  8 years ago 

AMEX rewards

AMEX have got a lineup of cards with different reward structures ranging from air miles to store credit to cash back. I would like to see a card which rewards customers with Bitcoin.

As cryptocurrency gains in popularity this will inevitably happen at some point, and while I'm not in any way committed to AMEX being the ones issuing the card, they seem to be the company issuing the most reward focused cards.

As time goes on, I'm trying to replace as many aspects of my day to day life with crypto alternatives, and using a credit card is currently not an area that I have crypto options in. It would be nice to just have a card which pays 1+% back on purchases in Bitcoin or another cryptocurrency.

Let me know what you think or if you have heard or anything on the horizon about this.

Any feedback is welcome!

Happy Mining,

Viking

viking.png

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You know why AMEX has the most reward programs? Because their customer base can afford to pay that bill. Amex has 1 of the toughest application requirements in the industry. The upside for fraud with blockchain(in this sense) is 100000000000000000000000% more on the risk side then anything else.

seems like an easy sell to credit card companies (I presume that VISA has caught wind of your article) link to visa

Yes; 7 days ago visa saw this; then 6 days ago created the idea; then 5 days ago signed a company which was pitching VC's in 2014 to do this.