14% of Americans Want Crypto Rewards for Using Their Credit Cards -...

Citing a survey from couponfollow.com, Jamie Redman reports in bitcoin.com that "during the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study with 1,011 Americans shows that 14% of U.S.-based credit card users want cryptocurrency rewards from their credit cards.

It’s been a number of years since the introduction of the first prepaid digital currency payment cards that can be loaded with crypto assets in order to make purchases. There’s now a slew of different crypto-infused cards, as some of them leverage the Mastercard payment network and others utilize Visa’s payment infrastructure. After the intro of a few different kinds of crypto cards, companies started to add cryptocurrency rewards to card users for every purchase.

For instance, Blockfi credit card users can get up to 3.5% bitcoin (BTC) back on purchases. The credit card issued by the firm Crypto.com pays card users rewards in CRO every time they make a purchase. A recent study from couponfollow.com and the report’s author Marc Mezzacca indicate that a significant percentage of Americans want crypto rewards from their cards. Couponfollow’s findings show that on average, the generation called “Baby Boomers” (generally defined as people born from 1946 to 1964) have three credit cards."

Source credit and full story - https://news.bitcoin.com/survey-14-of-americans-want-crypto-rewards-for-using-their-credit-cards/

Here is the link to the survey - https://couponfollow.com/research/optimal-credit-card-rewards

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