With the Upgrade Bitcoin Rewards Visa credit card cardholders have the opportunity to get credit lines that range from $500 to $25,000. However, depending on the client’s credit standing, earning power and a few other factors, it is possible to qualify for higher credit limits which may even reach the amount of $50,000.

With the Upgrade Bitcoin Rewards Visa credit card, you will use the card to make your everyday purchases like any other credit card. Then, when you pay back your balance, you will do it in the form of fixed monthly payments which carry a fixed interest rate. As you make those monthly payments regularly, the card will reward you with 1.5% cash back in the form of bitcoin. The bitcoin is held in a wallet provided by NYDG, which is a custody and trading platform.

The Upgrade Bitcoin Rewards Visa credit card does not allow cardholders to buy crypto using the card. Instead, you will earn 1.5% back in the form of bitcoin every time you make payments on your balance. Also, it is not possible to earn rewards in the form of any cryptocurrency other than bitcoin.

The Upgrade Bitcoin Rewards Visa credit card works like a combination of personal loans and credit cards. You can use it to make purchases and then pay back your balance in equal payments at a fixed interest rate. Also, you can borrow money against your credit line. This can be done by requesting that funds be deposited in your bank account. When you make payments on the loan you will receive 1.5% cash back in the form of bitcoin.