Revolut Introduces Crypto Card Cashback Promotion

Revolut, a fintech business, wants to launch a “spend from crypto balance” option on November 1.

Customers who purchase with their Revolut cards using cryptocurrency will receive 1% back for a limited period (“Crypto Cashback”).

According to the company’s conditions, the cash-back incentive is only available to users in the United Kingdom.

The development of crypto payments capabilities for its consumers makes it a more appealing digital banking platform when compared to its competitors. In September, Revolut added 29 more tokens to its crypto offerings, including SOL, AVAX, and Shiba Inu. The company intends to launch its own native coin as well as a non-custodial wallet.

The UK’s Financial Conduct Authority (FCA) added Revolut to its cryptoasset roster last month. According to the company’s website, it already enables in-app trading for over 30 digital currencies and has more than 20 million personal customers on its platform.

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