American Express Launches Its First Crypto Rewards Credit Card

Abra, a leading digital asset financial services company announced the launch of the first crypto rewards credit card on the American Express network. Abra Crypto Card on the American Express According to an official announcement on Friday, American Express is partnering with Abra to launch a cryptocurrency credit card rewards system. The card will allow users transacting in U.S. dollars to earn cryptocurrency rewards on their purchases through the Amex network. “We’re thrilled to combine the strength of our payments network with Abra’s innovation and expertise in crypto. This is a credit card for crypto explorers and enthusiasts alike,” said Mohammed Badi, President of Global Network Services at American Express.https://t.co/tUeylFdrq9 — Abra (@AbraGlobal) June 10, 2022 Cardholders can choose from any of the more than 100 cryptocurrencies supported on the Abra platform, with no annual or foreign transaction fees. The card will also come with Amex Offers for shopping, travel, dining and services as well as presale ticket access and purchase protections. Commenting on the initiative, Mohammed Badi, president of Global Network Services at American Express, said: “We have a long-standing relationship with Abra through our Amex Ventures investment portfolio, as they have deep expertise in both crypto and traditional financial services, and we are now pleased to extend the American Express brand and benefits to their customers as t...