‘Bloom’ Rewards Visa Payments with Crypto, NFTs, and More

WebDesk29 May 2024No Comments3 Mins Read

The Spend-to-Earn platform ‘Bloom’ combines traditional banking with the web3 world by enriching users with crypto and NFT rewards—among others—for their everyday spending.

Users earn ‘Bloom Coins’ when linking their Visa card to the Bloom app. These coins grant blockchain-based digital assets and offer exclusive deals from merchants like Trip.com, Deliveroo, Clarins, ZALORA, and more.

Further, the app expands its reach beyond Visa by partnering with key players such as Citi, OKX, WeChat Pay, and ZA Bank, to provide users with a range of financial options and benefits.

Maximizing Rewards on Bloom

To join the reward system, users need to install the Bloom application from either the App Store or Google Play and sync a valid Visa card with the application.

Each shopping experience translates into Bloom Coins that are directly credited to the user’s Bloom account—all of which can be converted into leading cryptocurrencies such as Bitcoin and Ethereum, NFT rewards, merchant discounts, and more.

Further, Bloom extends a base reward rate of 2% on all card transactions, and additional earning possibilities are accessible through collaborations with ‘Bloom Travel‘.

The app also provides impressive referral incentives, delivering 2,000 Bloom Coins for every successful user endorsement.

Its ultimate aim is to reshape financial interactions by combining traditional banking with web3 innovations, offering diverse rewards and services that redefine how users engage with their money.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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