Quontic, a U.S.-based bank, has recently introduced Bitcoin Rewards Checking. The adaptive digital bank is the first-ever FDIC-insured financial institution in the U.S. to launch a Bitcoin Rewards debit card. Quontic customers can earn 1.5% in Bitcoin on all eligible debit card purchases. This new rewards program is set to empower crypto beginners and crypto enthusiasts alike. It would arm them with the opportunity to expand their net worth through Bitcoin earned on eligible card purchases.
Additionally, Quontic’s Bitcoin Rewards Checking program is providing consumers with a debit card, mobile app, access to more than 90,000 surcharge-free ATMs, GooglePay, ApplePay, SamsungPay, and more with absolutely no monthly service charges. On top of that, the accounts take only three minutes to open.
Quontic is collaborating with NYDIG, an outstanding services agency dedicated to Bitcoin, which will offer Quontic a safe and secure custody platform to manage the Bitcoin rewards. Quontic harnessed NYDIG’s reliable platform for secure custody, execution, and reporting services that comply with the highest audit, governance, and regulatory standards.
Quontic has also joined hands with FIS®, a world-leader in financial services technology, to develop an enhanced digital experience and mobile app with robust bitcoin rewards tracking and reporting. This functionality is all set to debut in Q2 of the year 2021.
While expressing his views on the newest development, Steven Schnall, CEO & Founder at Quontic, stated that Quontic is ecstatic to offer their clients the opportunity to grow their net worth through Bitcoin earned on eligible debit card purchases. Schnall went on to say that Bitcoin is gaining massive momentum, and the launch of their Bitcoin Rewards Checking account is revolutionary and is all set to serve an essential purpose.
According to Rob Lee, Head of Digital and Banking at FIS, FIS is excited to partner with Quontic while bringing this ground-breaking Bitcoin Reward Checking solution to the market. The brand-new checking account will provide crypto-enthusiasts with a way to earn Bitcoin reward points and do their checking entirely via a mobile app, Lee concluded.
About Quontic Bank
Founded in 1997, Quontic Bank is an adaptive digital bank that empowers its customers using technology. Headquartered in New York, Quontic Bank is an FDIC bank member and is uniquely positioned to embrace its customers’ diverse circumstances.
For more information, visit: https://www.quonticbank.com