Bitunix launches Visa card with up to 8% cashback and 11.6% yield

The exchange said the card lets eligible users spend USDT at more than 130 million Visa-accepting merchants while managing balances, rewards and transfers through one dashboard.

USDT

Summary

Bitunix has launched the Bitunix Card, a Visa-powered payment product designed to let eligible users spend USDT on everyday purchases while earning yield on idle balances. The card can be used at more than 130 million merchants worldwide that accept Visa and supports payments for services such as Uber, ChatGPT, Amazon, Spotify and Netflix, including during international travel. Bitunix said payments are completed instantly, with cashback of up to 8% on eligible spending capped at 1,000 USDT per month, while eligible balances can earn up to 11.6% annually depending on the asset and applicable conditions. The card is available through Bitunix’s web platform and iOS and Android apps, works with Apple Pay, Google Pay and Paypal, and is offered to eligible users who complete identity verification and live in supported regions. The company said the product is part of a broader push to make cryptocurrency more practical for daily use by combining spending and earning in one interface.

Terms & Concepts
  • cashback: A spending reward paid back to users.
  • yield: Return earned on held balances over time.
  • identity verification: User checks required for compliance and access.