Users can now earn bitcoin rewards at participating merchants without the need to activate offers or use a gift card.
the bitcoin company, a Bitcoin rewards company, has released a new feature called Card Linked Offerings (CLOs) that allows users to convert all their credit and debit cards into bitcoin rewards cards. The feature will allow users to get bitcoins back on their card purchases automatically when they shop at eligible merchants like Allbirds, Peet’s Coffee, Circle K, Gap, PetSmart and more. The CLO feature is available in the United States just to get started, though the company plans to expand the list of eligible countries and merchants over time.
According to The Bitcoin Company, users can easily link their cards once via Plaid in the TBC app to set up CLO. From there, they can redeem bitcoins every time they shop in-store or online with eligible merchants without the need to activate offers before shopping. Additionally, users can increase their rewards by linking their existing debit and credit cards as an in-app payment method to purchase gift cards and stack them with cash back offers from online shopping affiliates.
“We are here to make living on a bitcoin standard the norm!” said The Bitcoin Company. The company also plans to release a web app version of its mobile app for more privacy in the future, and the beta version of the web app will be available in about two weeks. In addition, the company plans to introduce more rewards features soon, including cash-back online shopping programs, phone top-ups, and travel deals that allow users to earn up to 30% bitcoin when they book hotels through the app. The Bitcoin Company.
“We are excited to announce that we will have more features to earn rewards soon,” The Bitcoin Company said. “Stay tuned for updates on upcoming features and get ready to effortlessly spend and earn even more bitcoins.”
The Bitcoin Company has partnered with Plaid, Kard, and Very Good Security for Open Banking, Merchant Funded Offers, and PCI Compliance, respectively. The company also teased plans to launch a remittance tool in Mexico that will allow users to send bitcoins and load pesos to a Mexican bank account in seconds, as well as an Acorns-like bitcoin credit card rounding feature.
