Wirex’s reward scheme to rival traditional credit cards

Cryptoback™ by Wirex:

Wirex have launched an updated version of their revolutionary Cryptoback™ rewards program.

Cryptoback™ is the world’s first rewards programme that pays out up to 1.5% in Bitcoin for all in-store spending with the Wirex Visa card. The incentive program operated usually by credit card companies consist of a percentage of the amount spent being paid back to the card holder, either in points or cash.  For customers of Wirex, the bitcoin reward is automatically and instantly added to their reward balance located within their Wirex app.

The incentive programme is a way to introduce bitcoin and cryptocurrency to anyone, without the fuss. It makes cryptocurrency more accessible, and an easy way for people to try out and find out what it is.

Wirex have calculated that the average UK consumer stands to earn more than £300 in Cryptoback™ every year, just by using their Wirex Visa card for day-to-day spending. Unlike many other cashback programmes, Wirex doesn’t impose restrictions on what customers can do with their rewards. The Bitcoin reward is also subject to the market price of Bitcoin.

I’ve included some suggestions of potential ideas for features:

Reward cards get a digital boost

A comparison between banks & credit cards cash back programme including: Santander, Barclays, American Express, Wirex and Tandem. Only twist is that it focuses on the return that people would get in a year with this reward.

Get rewarded for embracing the future of money

A look at the rise of cryptocurrency and the future of the digital money. From the initial volatility to the development of stablecoin, this article is about breaking down the barriers of bitcoin and how Wirex’s cashback reward programme could bring the uprising digital money to everyday usage.

As easy as BTC with new Wirex reward scheme

Can’t get your head round cryptocurrency? Wirex’s Visa card means customers can get to grips with bitcoin in everyday situations, and even earn more whilst spending thanks to their enhanced Cryptoback™ reward scheme.

Reward cards; crypto not cryptic

In this article, we list the top 5 initiatives in cryptocurrency that encourage mass adoption. From media stunt to educational talks, one of the initiatives is the Wirex Cryptoback™ programme, giving BTC back to each customers who make a purchase in-store with the Wirex Visa card.