Abra Introduces First Crypto Rewards Card on American Express Network
The Abra Crypto Card will be the first credit card on the American Express network that will transact in US dollars and offer crypto rewards back on purchases.
The card will be available in late 2022 and will offer benefits from the American Express Network, including offers for shopping, travel, dining and entertainment among others.
Abra, a crypto asset financial services company, has introduced the first credit card which accepts the dollar and gives you crypto back for purchases.
According to a news release, crypto rewards earned can be traded in more than 100 different cryptocurrencies supported by Abra. There are no annual or foreign transaction fees.
Abra provides a Crypto Card that gives access to the American Express network for shopping, travel, dining and other benefits.
The CEO of Abra, Bill Barhydt, said that their partnership with American Express will make it easier than ever to access and earn crypto. He believes that this is the future of payments.