Crypto.com, Cardlytics, Launch Double Rewards Program for Crypto.com Visa Card Users
Crypto.com is partnering with Cardlytics to roll out a double rewards program aimed at offering Crypto.com Visa cardholders more bonuses. The firm’s Visa cardholders in the U.S. will now enjoy up to 10 percent back in bonus rewards, in addition to the existing Crypto.com Visa Card rewards program.
Crypto.com Double Rewards
According to a recent study by Crypto.com and WorldPay from FIS, 75 percent of Crypto.com customers are interested in purchasing goods and services with crypto via their Crypto.com-issued cards.
In a bid to satisfy the yearnings of its customers in the United States, Crypto.com Visa Cards, the world’s most rewarding crypto-card program, will now offer users even more rewards through a partnership with Cardlytics, a digital advertising and cash-back rewards platform with hundreds of brands and retail partners across the globe.
With the launch of the Crypto.com double rewards program, the firm says its cardholders in the United States will now enjoy up to 10 percent back in bonus rewards, in addition to their existing Crypto.com Visa Card rewards.
The firm says its partnership with Cardlytics will also unlock rewards for Crypto.com cardholders when they shop at top retailers and brands like Adidas, Costco, H&M, Office Depot, Sam’s Club, and Shake Shack.
Incentivizing Hodlers to Pay with Crypto
It’s no news that a good number of cryptocurrency investors ‘hodl’ onto their cryptoassets in anticipation of crazy gains rather than use them for payments at retail locations accepting crypto payments. However, the new Crypto.com-Cardlytics alliance aims to boost crypto payments via their exciting reward offerings.
Commenting on the new rewards program, Joe Anzures, Crypto.com SVP & General Manager for North America said:
“Crypto.com Visa cards offer the most attractive cash-back rewards in the market. Adding Cardlytics-powered rewards on top of it will supercharge benefits for our users. We are looking forward to further driving adoption of cryptocurrency by helping our users unlock the value of their crypto for payments and earning rewards in crypto whenever they use their card.”
Founded in 2016, Crypto.com serves more than 10 million customers with over 4,000 employees in offices across the Americas. Europe and Asia. Crypto.com claims to be built on a foundation of security, privacy, and compliance and is the first crypto-focused business in the world to have ISO/IEC 27701:2019, ISO 22301:2019, ISO 27001:2013, and PCI: DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks, as well as Service Organization Control (SOC) 2 compliance.
Farrell Hudzik, EVP, Financial Institutions at Cardlytics said:
“We are very excited to work with an innovative partner like Crypto.com to provide meaningful rewards for their consumers. This is an important area of growth as more consumers engage with crypto and we are thrilled to be a part of this emerging market.”
Headquartered in Atlanta, Cardlytics partners with financial institutions across various jurisdictions to run their rewards programs that promote customer loyalty and deepen relationships. The firm has offices in London, New York, Los Angeles, San Francisco, and more.
