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Crypto cashback explained

Imagine earning while spending crypto and fiat, and then multiplying those rewards over time. If this has been on your mind, then it’s time to introduce crypto cashback into your daily life. 

By blending everyday transactions and crypto rewards, crypto cashback makes your money work for you, even when you don’t think about it. Saving with spending, sounds too good to be true, right?  

What is crypto cashback behind the flashy name, how does crypto cashback work, and why should you care? Let’s find out.

What is Crypto Cashback?

Crypto cashback is a reward system where you earn a percentage of your spending back in the form of cryptocurrencies. The more you spend using your Crypto-Fiat Debit Card, the more you earn back in your preferred currency.

It’s like your traditional cashback system, but with a twist: instead of receiving fiat currency back, you earn crypto. This offers you the double benefit of making purchases and simultaneously building up your crypto wealth. 

You don’t need to be a beginner trader to dip into crypto: your everyday spending can do that for you. 

How does crypto cashback work?

When you use your Crypto-Fiat Debit Card, a certain percentage of the amount you spend gets returned to you in crypto, directly into your crypto wallet. This could range from 1% to as high as 12%, depending on your card tier and the platform you’re using.

This process occurs almost instantaneously, meaning you don’t have to wait until the end of the month to enjoy your cashback rewards. Every time you swipe, tap, or insert your card, your crypto wallet grows!

3 signs you should start using crypto cashback

But here’s the real question: why should you use crypto cashback? If you tick any of the boxes below, it’s high time to consider switching to crypto cashback and reaping the rewards with your next purchase. 

  • You shop online. Who doesn’t, right? If your shopping cart is always full, crypto cashback is a no-brainer. Every purchase earns you crypto, making your regular shopping routine more rewarding and profitable.

  • You’re exploring crypto. If you’re curious about Web3, crypto cashback is a risk-free way to build a beginner crypto portfolio. The kicker? You need zero investment to start, only keep doing what you’re doing.

  • You use digital subscriptions. Do you enjoy Netflix, Spotify, or any other online service? By paying for your digital subscriptions using your hi Debit Card, you can get 100% of the value of the subscription back in rebates in HI.

How to start earning crypto cashback?

It’s easier than you think! Crypto cashback is available to everyone, even if you have never heard about a crypto wallet before. Here’s your quick guide to getting started:

  1. Download the hi App

Begin by downloading the hi app on your phone. It’s available for both Android and Apple users.

2. Set up your account and verify your identity

Follow the app’s step-by-step instructions to create your account. Don’t forget to complete the identity verification (KYC) process to unlock all features.

3. Apply for a Card

Tap on the ‘+’ icon at the top right-hand corner of the card page to order your physical card.

Input the address to which you’d like to receive your hi Debit Mastercard and confirm the card issuance fees.

Once your order has been processed, you should receive your Card within 10 working days.

4. Earn while you spend

It’s as simple as that. Start making transactions with your Crypto-Fiat Debit Card and watch your crypto rewards flow in.

If you were curious about crypto before, there’s no reason to put it aside for later. Try putting your fiat to work now and enjoy earning crypto with the first purchase. It’s that easy.

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