Bitcoin ETF

Gold

Base

Nexo

<div class="finbold">
 <p class="paragraph">Nexo will start offering cashback for payments made in the “Debit Mode” of Nexo Card and will triple the cashback rates of the “Credit Mode” up to 6%.&nbsp;</p>
 <div></div>
 <p class="paragraph">The <a rel="noopener noreferrer nofollow" title="triple" href="https://thebittimes.com/tag/triple.html">triple</a>d <a rel="noopener noreferrer nofollow" title="cashback" href="https://thebittimes.com/tag/cashback.html">cashback</a> will only last until December 31 for this “festive season,” according to the latest information shared with<strong> Finbold </strong>on November 21.</p>
 <p class="paragraph">Interestingly, the company aims to meet the “growing consumer demand for financial products,” as communicated. It also comes at a time of high-spending activities worldwide, with the Christmas season approaching.</p>
 <p class="paragraph">Data provided by Nexo states that 72% of consumers expect discounts before Black Friday. Nexo’s study also foresees an increase of 7% in spending this year, which should result in an average of $1,530 for gifts, travel, and entertainment.</p>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/21/c446deb804f0fc48aaa37905fb771afa.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="chainlink-eyes-a-bullish-breakout-can-link-reach-20">Chainlink eyes a bullish breakout; Can LINK reach $20?</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/21/1c75f2ba829164448d9efe9b9712460c.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="shibarium-hits-4-million-transactions-on-the-network">Shibarium hits 4 million transactions on the network</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/21/ec2cdd3c7bb2de558fa8284229fd85c4.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="the-next-shib-5-meme-coins-set-for-massive-growth-in-2024">The next SHIB? 5 meme coins set for massive growth in 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/20/d46274d74433ecb56621876908226cde.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="google-bard-predicts-dogecoin-price-for-start-of-2024">Google Bard predicts Dogecoin price for start of 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/21/79d7c6aff1abd6946828bedc4a5f722c.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="wall-street-sees-100-billion-crypto-potential-amid-bitcoin-etf-hype">Wall Street sees $100 billion crypto potential amid Bitcoin ETF hype</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">In particular, the company expects consumers with household incomes of up to $25,000 to spend 18% more in 2023.</p>
 <h2 class="wp-block-heading" id="h-nexo-card-cashback-rates">Nexo Card cashback rates</h2>
 <p class="paragraph">Cashbacks are paid using both the service’s token, NEXO, and Bitcoin (BTC). The <a rel="noopener noreferrer nofollow" title="cashback" href="https://thebittimes.com/tag/cashback.html">cashback</a> rates will vary according to the user’s tier in both the <a rel="noopener noreferrer nofollow" title="debit" href="https://thebittimes.com/tag/debit.html">debit</a> and <a rel="noopener noreferrer nofollow" title="credit" href="https://thebittimes.com/tag/credit.html">credit</a> modes of the Nexo Card.</p>
 <p class="paragraph">Essentially, debit card cashback rates go from 0.5% in NEXO and 0.1% in BTC for the “Base Tier” up to 2% in NEXO and 0.5% in BTC for the “Platinum Tier.” In the meantime, the credit mode will triple these rates until December 31, up to 6% in NEXO and 1.5% in BTC for the “Platinum Tier,” while proportionally affecting each other of the four tiers.</p>
 <p class="paragraph">Nexo Card also has a fixed maximum cashback limit for each tier. The Platinum Tier has a $100 monthly cashback limit; Gold Tier is limited to $75, Silver Tier at $50, and Base Tier at $25 per month.</p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/nexo-unveils-tripled-cashback-for-debit-and-credit-card-payments-tbt71095.html">https://thebittimes.com/nexo-unveils-tripled-cashback-for-debit-and-credit-card-payments-tbt71095.html</a></p>

Nexo unveils tripled cashback for debit and credit card payments

Table of Contents

TheBitTimes

Other articles published on Nov 21, 2023

Kaspa (KAS) and Solana (SOL) Price Predictions, Meme Moguls (MGLS) To Experience 100x Growth

Circle Launches New ‘Bridged USDC Standard’ To Reduce Fragmentation Across Chains

CoinDesk’s acquisition raises concerns over editorial independence

Wrapped Kaspa Bridges to Polygon and BNB

ARK Investment and 21Shares Partnership Draws Attention in Bitcoin ETF Application

Analyst Willy Woo Suggests Bitcoin’s Floor at $30K, Points to Bullish Price Discovery Pattern

Join our free newsletter for daily crypto updates!