Menu
  • Latest
  • Prices
  • NFT
  • Coins
    • Bitcoin
    • Ethereum
    • Cardano
    • Ripple
    • Solana
    • Shiba inu
    • Dogecoin
    • Algorand
    • Litecoin
  • GEO
    • Ukraine
    • China
    • India
    • South Korea
    • North Korea
    • El Salvador
    • Switzerland
    • Nigeria
    • Russia
    • Latin America
  • Wiki
Language:

Coin Prologue
  • Latest
  • Prices
  • NFT
  • Coins
    • Bitcoin
    • Ethereum
    • Cardano
    • Ripple
    • Solana
    • Shiba inu
    • Dogecoin
    • Algorand
    • Litecoin
  • GEO
    • Ukraine
    • China
    • India
    • South Korea
    • North Korea
    • El Salvador
    • Switzerland
    • Nigeria
    • Russia
    • Latin America
  • Wiki
  • News

New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies

  • Ralph Smith
  • 12/06/2022
  • 2 minute read
Total
2
Shares
2
0
0
0
0
0

New American Express Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies

American Express and Abra are launching a new credit card that allows shoppers to earn cryptocurrency rewards “tradable among more than 100 cryptocurrencies” without annual fees or foreign exchange charges Plans.

American Express and Abra Launch Crypto Rewards Credit Card

American Express (Amex) and crypto transaction platform and wallet provider Abra announced the upcoming launch of the Abra Crypto Card on the American Express network on Friday. Abra describes the new card as follows.

The first crypto rewards credit card in the American Express network, it will be traded in US dollars and will return crypto on all purchase categories and amounts.

“Crypto rewards can be traded between more than 100 different cryptocurrencies supported by Abra, with no annual fees or foreign transaction fees.” The crypto company elaborates.

The Abra Crypto Card offers several benefits from the American Express network, including Amex Offers, presale ticket access, global dining benefits, and purchase protection, Abra further noted.

Mohamed Badie, President of Global Network Services at American Express, commented, ” One of the ways we are helping commerce evolve and innovate is by making it easier for fintech companies to develop and extend innovative payment solutions that leverage American Express’ global payment network and the Amex/i2c platform.” The Amex executive added, “We have a longstanding relationship with Abra through the Amex Ventures investment portfolio.” He added.

Interested customers can now join a waiting list for the card, which Abra expects to be “first available in late 2022.”

In addition, the crypto company announced on Friday a new feature to buy and sell non-fiat tokens (NFTs).” A complete collection gallery of managed custody and Abra apps takes away the hassle and minimizes the risk of using devi (decentralized finance) wallets.”

Image credits: Shutterstock, Pixabay, Wiki Commons

Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

You May Also Like
View Post
  • 1
  • 2 min

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

View Post
  • 3
  • 2 min

Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences

View Post
  • 2 min

Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency

View Post
  • 2 min

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

View Post
  • 2 min

Putin and Saudi Crown Prince Discuss Potential BRICS-Saudi Arabia Collaboration

View Post
  • 2 min

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

Recent Posts
  • Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

    View Post
  • Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences

    View Post
  • Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency

    View Post
  • White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

    View Post
Coin Prologue Coin Prologue
Made with ❤️Love in 🇺🇦Ukraine ©2021 — 2022

Input your search keywords and press Enter.