SBI Group Launches VISA Credit Card With Bitcoin, Ether, and XRP Rewards

The new SBI VISA Crypto Card offers crypto rewards and includes a promotional campaign with cashback of up to 10%, according to the provided information.

BTC
XRP

Summary

SBI Group has launched the SBI VISA Crypto Card, a credit card that accumulates rewards in Bitcoin, Ether, and XRP instead of only conventional points or cash benefits. The launch also includes a campaign offering up to 10% back, adding an incentive for early users. The product ties everyday card spending to digital asset accumulation, a model commonly used to broaden retail exposure to crypto without requiring direct trading on an exchange.

Terms & Concepts
  • Crypto rewards: Card incentives paid in digital assets rather than traditional cashback, allowing users to accumulate cryptocurrencies through normal spending.
  • XRP: A digital asset associated with the XRP Ledger (public blockchain network), often used in products linked to payments and cross-border transfers.
  • Bitcoin: The largest cryptocurrency by market value, commonly used as a benchmark digital asset in consumer and institutional crypto products.