About Bitpay Card
The Bitpay Card acts as a day-to-day crypto debit card. The card can be used to spend money anywhere where a VISA card is accepted, even those places that are accepting only fiat currency, using Bitcoin as a payment method. The card works by paying the vendor in the native fiat currency, but charging you in Bitcoin. The whole background conversion process is done on Bitpay servers and using their infrastructure.
Bitpay Card Specification Overview
| Card | Features |
|---|---|
| Anonymity | Medium |
| Instant Top Up | No |
| Reward plan | Upto 2% |
| Annual Fee | $2.50 |
| Spend Fee | 3.00% |
| Support Currency | BTC, ETH, LTC, DAI, DOGE, USDC |
| Official website | Click Here To Visit |
About Bitpay Company
Bitpay Card was founded in 2011, while Bitcoin was still in its infancy. They saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale.
They are pioneers building blockchain payment technology to transform how businesses and people send, receive, and store money around the world.
Cryptocurrency’s future looks very bright, and we plan on remaining on the forefront of this technology, creating more tools and services for everyone to use in innovative new ways.
Is the Bitpay Card Good For You ?
If you are looking for a credit card with no annual fee and a great return on purchases paid in Bitcoin, the Bitpay Card might be perfect for you. Many investors praise dollar-cost averaging as the best way to invest in crypto, and the card is a great way to start for free. The basic 1.5% back in Bitcoin rate for purchases isn’t mind-blowing, but it’s certainly better than many of the card’s competitors.
How to Apply for the Bitpay Rewards Credit Card
You can apply for the Bitpay Rewards credit card via the Bitpay website. You’ll see a link to “Get your card” on the homepage.
The first step to apply for your card is to sign up for Bitpay. You can do this by providing your full name, a password and confirming that you’re over 18.
Rewards and Features
Spend crypto like cash.
Make purchases in-store and online anywhere Mastercard is accepted.
Automatic conversions.
Select which cryptocurrency you would like to spend and your BitPay card manages the currency conversion during the payment process.
Mobile-friendly.
The BitPay app makes viewing your spending history and balance details easy.
Card options.
Choose between a physical or virtual card. Connections to Apple Pay and Google Pay are also supported.
Cash back.
Earn cash-back rewards at over 100,000 participating merchants.
Mobile BitPay App
The BitPay Mastercard experience relies heavily on the BitPay mobile app. It is easy to use and designed to make account maintenance simple. It works with both Android and iOS mobile operating systems. Among its capabilities are:
Scheduling and executing card loads
Requesting a new PIN
Replacing a lost card
Viewing card balances
Using a virtual BitPay Mastercard for online transactions
The BitPay mobile app is available at no charge at the iTunes store and the Google Play marketplace.
Fees
BitPay Mastercard does carry fees. The card fees you’re most likely to encounter as a BitPay Mastercard user include:
- $10 per instance for card issue (initial) and card replacement
- $2.50 ATM fee
- 3% international transaction fee, including foreign-denominated point-of-sale purchases made outside the physical territory of the United States and foreign-denominated online purchases with merchants based outside the U.S.
- $5 per month inactivity fee after 90 consecutive days with no transaction activity
BitPay Card Competitors
Other important factors to consider when researching alternatives to BitPay include customer service. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to BitPay, including CoinGate, Coinbase Commerce, Circle, and Coinomi.
Is the BitPay Card safe?
Yes, not only is BitPay a US registered business that must adhere to numerous legislations and safety measures, but their card also features numerous technological security features like an EMV chip for contactless payments.
