Japan’s leading cryptocurrency exchange, bitFlyer, has introduced the country’s first Bitcoin-rewards credit card—the bitFlyer Credit Card. This innovative payment solution allows users to earn Bitcoin automatically with every purchase, merging everyday spending with cryptocurrency accumulation.
How the bitFlyer Credit Card Works
The bitFlyer Credit Card, issued by APLUS Co., Ltd. (a subsidiary of Shinsei Bank Group), enables cardholders to earn Bitcoin rewards on transactions, including:
– Retail purchases
– Utility bill payments
– Online subscriptions
Rewards are deposited directly into the user’s bitFlyer account, where Bitcoin can be held or sold. While tax implications for Bitcoin earnings remain unclear, this card offers a seamless entry point for both crypto enthusiasts and newcomers.
👉 Explore Bitcoin rewards with bitFlyer
Card Tiers: Standard vs. Platinum
bitFlyer offers two card variants, both backed by Mastercard:
| Feature | bitFlyer Credit Card | bitFlyer Platinum Card |
|---|---|---|
| Reward Rate | 0.5% (2.0% during promo) | 1.0% (2.5% during promo) |
| Annual Fee | Free | ¥16,500 (waived if annual spending ≥ ¥1.5M) |
| Perks | Theft protection | Travel insurance, airport lounge access, premium dining discounts |
Limited-Time Promotions
- Bonus Bitcoin: The first 10,000 applicants receive ¥500 worth of Bitcoin.
- Enhanced Rewards: Earn up to 2.5% back in Bitcoin during the promotional period.
Why This Card Matters
- GameFi Integration: Mastercard’s ties to gaming platforms and NFT marketplaces align with bitFlyer’s ecosystem, enabling future crypto-based gaming transactions.
- Low Barrier to Crypto: Eliminates the complexity of direct Bitcoin purchases by automating rewards.
FAQs
Q: Can I pay my credit card bill with Bitcoin?
A: Not currently due to regulatory constraints, but rewards are issued in Bitcoin.
Q: Is the earned Bitcoin taxable?
A: Japan’s tax classification for crypto rewards is undefined; consult a tax professional.
Q: Where is the card accepted?
A: Globally via Mastercard, including NFT platforms and gaming services.
Future Outlook
While direct Bitcoin payments for bills aren’t yet feasible, this card bridges traditional finance and crypto—hinting at a more interconnected financial future. For now, it’s Japan’s easiest way to “stack sats” passively.
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