Crypto Rewarding Credit Card from American Express

American Express, the credit card company used by the world's largest companies based in New York, announced its crypto rewarding credit card. Credit cards with crypto rewards program are among the initiatives of great importance in the crypto industry.

In Consensus 2022, organized by CoinDesk between 9-12 June, important names of the industry made remarkable statements. Earlier this year, American Express announced that they would launch a credit card that will be rewarding crypto currency. American Express partnered with Abra for the crypto rewarding credit card. The crypto reward credit card, which will be called Abra Rewards Card, will be American Express' first crypto reward credit card, and customers using this credit card will earn cryptocurrency on any purchase, regardless of amount or category. Cardholders can choose from over 100 cryptocurrencies supported on the Abra platform, with no annual or additional transaction fees. The card will also have American Express offers for shopping, travel, dining and services along with some additional benefits. Abra CEO Bill Barhydt said: “We are pleased to present the Abra Rewards Card, the first American Express crypto product that we have been working on for a long time.”