Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Cardlytics Links With Crypto.com for Rewards Program

Published 03/30/2022, 01:27 PM
Updated 03/30/2022, 01:31 PM
© Reuters

By Sam Boughedda

Investing.com -- Crypto.com announced a partnership with Cardlytics Inc (NASDAQ:CDLX) on Wednesday, which it says will offer more rewards for Visa (NYSE:V) cardholders on its platform.

The cryptocurrency exchange platform said it would offer additional cash-back rewards through its partnership with Cardlytics. This will involve rewards from hundreds of brands and retail partners, including Adidas, Costco, and Shake Shack. 

Current U.S. users will be able to access nearby and online offers from the Crypto.com app.

The company said cardholders in the U.S. can earn up to 10% back in bonus rewards, which will be added to their existing rewards from Crypto.com.

"Crypto.com Visa cards offer the most attractive cash-back rewards in the market. Adding Cardlytics-powered rewards on top of it will supercharge benefits for our users," said Crypto.com's SVP and General Manager for North America, Joe Anzures.

Cardlytics shares fell significantly earlier in the day but have regained some of those losses and currently trade 2.29% lower.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.