In the dynamic fintech sector there is healthy competition, and although we have many players in the market, driven by market demand, finding strategic alliances is not only a boost to the development of a particular company, but also an opportunity to bring about a paradigm shift and an evolution of the market. We certainly believe that our recent partnership with Binance Pay is proof of this.

We were born as online banking with the mission to offer forward-thinking banking solutions to individuals and businesses, and we have found in Binance, the world’s largest cryptocurrency exchange, a strategic partner to give a new feature to our digital banking.

The core of this partnership is the option Binance users will now have to directly top-up their Blackcatcard accounts with euros using their cryptocurrency funds in their Binance wallet. This seamless conversion allows for flexibility and convenience. Each single top-up has a comfortable limit of 1000 USDT, this being a benchmark cryptocurrency considering that it is the second most used cryptocurrency at Binance (about 24%), behind only Bitcoin (around 29%), which makes this integration a feature highly accessible to a global audience.

The joint work with Binance Pay represents an important milestone in our goal to create a seamless relationship between cryptocurrencies and fiat currencies. We’re proud to introduce an innovative solution that allows you to convert your cryptocurrencies into euros and transfer them seamlessly from your Binance wallet to your Blackcatcard account. This is an important contribution to the world of financial technologies.

In fact we too are full of excitement about this achievement. We understand that we can have an impact on a large part of the global community that deals with cryptocurrencies on a regular basis. Binance, with more than 160 million users worldwide and a daily trading volume of close to $65 bn, is a digital space where many are looking for different alternatives to cash their crypto assets.

From our perspective, the convergence of cryptocurrency and banking is where the future lies, and our partnership is a testament to that belief.

Igor Koroshev, CMO at Blackcatcard, highlights the importance of this collaboration, stating, “At Blackcatcard, we’re committed to reshaping banking for the digital age. Our partnership with Binance Pay opens up new possibilities for our customers, allowing them to harness the potential of cryptocurrencies while enjoying the reliability of wide range of Blackcatcard’s services that can be used on a daily basis.”

The benefits of this integration are substantial. Binance users can unlock Blackcatcard features such as IBAN accounts, unlimited SEPA transfers, multiple payment cards, and access to a range of financial services. Notably, users can also enjoy up to 4% p.a. reward on their monthly account balance and cashbacks of up to 5%*.

To take advantage of this innovation, simply log into the Blackcatcard app or website, link your Blackcatcard account to your Binance account, and follow a few simple steps. The result is a secure, user-friendly financial experience that combines the flexibility of cryptocurrencies with the usefulness of banking services.

This partnership between Binance Pay and Blackcatcard is a new solution to offer greater autonomy to individuals and companies when managing their money. We invite you to join us in exploring the future of finance. For more details on this innovative feature, you can find additional information here. Last but definitely not least — until 12.02.2024 all user can enjoy transactions at zero cost.

*The rewards are provided by FINTECH ASSETS OÜ. More details here.

For all astute shoppers and bargain hunters out there, have you availed yourself of Mastercard’s year-end cashback yet*? With November behind us, many Blackcatcard users have done their homework this month to benefit from the exclusive cashback offered by Mastercard.

Don’t know what it’s all about?

Well, Mastercard has maintained a longstanding partnership with Blackcatcard, and now it comes bearing an irresistible offer for all of you: a 20 Euro cashback on your online purchases when using your Mastercard issued by our mobile banking. You might be curious about how this works and how you can make the most of this amazing deal. Let’s dive into the details.

Until December 31st, 2023, simply use your Blackcatcard Mastercard to complete a minimum of 5 online purchases during a calendar month, totaling at least 100 Euros. That’s it! Once you fulfill this requirement within a month, as outlined in the reward program’s conditions, you’ll receive a generous 20 euro cashback credited directly to your Blackcatcard account.

Undoubtedly, this presents a unique and highly profitable opportunity for all our customers. And yes, the offer is still open! Yet, it’s entirely plausible that many individuals might have missed out on this benefit due to various reasons, such as not being aware of the promotion or simply not anticipating significant expenses in the month. Nonetheless, 100 Euros is a reasonably standard monthly expenditure for most European adults.

Certainly, we are keen for all our users to avail themselves of this cashback. Hence, we invite you to seize this opportunity so that no one is left out.

And believe us, it gets even better. For those planning bigger purchases, here’s a clever life hack: according to Terms and Conditions “a maximum of one single Cashback per eligible card per each calendar month is allowed.” And although it may sound like a limitation, it is a chance to receive another 20 euros. All cards issued by Blackcatcard are Mastercard. Hence, if someone holds multiple Blackcatcards and makes online purchases exceeding 100 Euros with each, for every card meeting the initial requirement, that customer will receive 20 Euro.

Do you plan to spend 200 Euros, 300 Euros or more? Divide your purchases to spend 100 Euros with each card and you can receive 20, 40, 60 Euros and so on. This strategy can be very profitable for our customers, especially considering that ordering an additional card costs 7 Euros and there is a monthly maintenance fee of only 2 Euros regardless of the number of additional cards held. A clever investment if you do the math.

Moreover, it’s crucial to remember that alongside this, our Blackcatcard customers can choose one of our rewards programs. You can enjoy 5% cashback on Google Play Market, 2% on Amazon, and a generous 0.5% for all purchases made with your Blackcatcard**. Any of these options counts towards the 100 Euros per month goal. This is the optimal way to maximize your purchases this Christmas season, enabling every Blackcatcard customer to receive rewards from our service as well as from Mastercard.

One of the advantages of the Mastercard reward program — claiming your cashback is effortless. Once you’ve met the purchase criteria, your well-deserved 20 Euro bonus will be automatically credited to your Blackcatcard account by January 15, 2024.

Additionally, if you’re a fan of finding incredible deals, the exclusive Mastercard European Privileges Portfolio, available for all Blackcatcard holders, offers discounts of up to 30% on globally recognized brands. Combine these perks, and you’re set to make your purchases at the best prices while earning money as a reward!

For those who wish to take advantage of this benefit, now is the best time! You still have all this December to shop smart, save big, and make this festive season even brighter with Blackcatcard and Mastercard.

*The 20 Euro cashback is a reward provided fully by Mastercard. More details here.

**The bonus payment is a part of the loyalty program provided by FINTECH ASSETS OÜ. Detailed terms and conditions can be found here.

The Thanksgiving spirit is finally here, signaling the onset of incredible Black Friday sales! Though originating in the United States as the opening day for holiday shopping, it’s now embraced across the globe. Many have turned this day into a personal event.

Do you have your shopping list, cash, and favorite stores selected? Perfect! This unique opportunity for consumers and merchants alike is unmissable. At Blackcatcard, we have several tips to make the most of this popular shopping season.

Firstly, shop this Black Friday and throughout the Christmas season by earning our exclusive cashbacks*. Want rewards for shopping in different stores? At Blackcatcard, you can receive 0.5% cashback on all card purchases. Simply select this program in your app’s ‘cashback’ section and watch your purchases earn rewards — online or offline, wherever you shop!

Do you favor a specific marketplace like Amazon? At Blackcatcard, choose 2% cashback on all Amazon purchases. Literally everything you can imagine, you can find here for sure, so pair Amazon’s Black Friday discounts with your Blackcatcard for extra benefits!

On the other hand, if your thing is apps, books, movies or subscriptions, you’ve probably seen that you can find this and more in Google Play Market. For this reason we also offer our customers a 5% cashback on all purchases on Google Play.

Note that all these stores will feature intriguing Black Friday offers. With smart shopping, you can maximize both their deals and the rewards from Blackcatcard.

Moreover, the Mastercard European Privileges Portfolio offers exclusive discounts from major brands across various industries, available by default to all Blackcatcard holders. You can even make the most of this Mastercard Portfolio simultaneously with any of the above-mentioned cashback rewards, unlocking discounts of up to 30% that fit perfectly with the cashback programs you can choose for being a Blackcatcard customer.

With Blackcatcard, navigate Black Friday while keeping your balance positive as you shop ’til you drop!

*The rewards are provided by FINTECH ASSETS OÜ. More details here.

We have developed several special bonus programs, that can help you earn a stable income without interfering with your usual lifestyle. It’s much easier than it sounds! First, here are some tips on adequately investing and saving money.

Step 1. Decide on the purpose of your savings.

Yes, it is worth starting. Building a full-fledged revenue generation mechanism is challenging if the ultimate goal is not identified. You need to clearly define the amount of, for example, monthly income, you want to achieve.

Step 2. Determine the balance on the account that will be your eternal financial airbag.

As you know, money loves control. And that control is significant when talking about accumulating, investing or making passive income. So, decide how much money in the account should never be spent and how much can be put into circulation to make even more profit.

Step 3. Pick a tool for generating income.

We will gladly help you with this one!

Blackcatcard Revenue Tools

Cashback.

This way of making extra money is familiar to almost everyone. It is always pleasant to make your usual purchase and get some funds back, isn’t it? Therefore, we offer a cashback of 0.1% for absolutely all purchases under just one condition — monthly spending on the card should be at least 50 euros. Soon we will offer a new option, with 1% being available for absolutely all purchases. In addition, we offer 2% cashback on purchases from Amazon and 5% cashback on purchases from the Google Play Market. However, to use this option in Blackcatcard, we recall that you must have the card. So this way of generating income is right for you if you have a residency in one of the EEA countries or Switzerland, as we only issue cards in that economic area.

2.2% annual income on the account balance.

Do you remember that we’ve talked about a financial airbag that is not worth spending? It can become your source of constant and, most importantly, passive income! In simple words, Blackcatcard supplies 2.2% annual income on the balance of your account without any minimum or maximum requirements, any restrictions and conditions. The method is straightforward — the more money is in the account, the higher the level of passive income you get. But do not forget that money in the account should be kept and spent to avoid fees for not using the account.

Built-in cryptocurrency wallet.

This method is ideal for those who are just starting their way as investors in the world of cryptocurrencies and those who want to quickly buy and sell crypto at favorable rates. The cryptocurrency wallet built right into the mobile application is provided by the Blackcatcard partner, DigiNord OÜ, and it creates almost ideal conditions for novice crypto investors: the commission is lower than at most cryptocurrency exchanges, which let users win on the difference in the rates and preserve their savings. You can try to buy and sell several significant cryptocurrencies: Bitcoin, Ethereum and USDT. The last one is available on two blockchains, Ethereum (ERC20) and Tron (TRC20). Stablecoin USDT is an excellent solution for saving your funds. Bitcoin and Ethereum will allow you to earn on rate differences. This method can be a great source of income, given all the benefits listed above. If you are interested in the possibility of earning money on cryptocurrencies, contact us! We will definitely prepare a separate article for you on this topic.

This is where we end our short story about opportunities to generate passive income from your Blackcatcard card or account. Do not forget that if you have any questions, you can contact us through comments or our support team, who works for you 24/7 via our website or the support chat in the application, available even prior to registration.

Safeguarding your existing savings — Why Do It?

According to the FDIC, the national average interest rate on savings accounts stands at 0.13% APY. This is disastrously low, considering that the rate of US inflation last year stood at a whopping 8.2%. This means that without cashback and reward schemes, or favourable APYs paid out by certain banks that often require you to lock in your funds for a year or two, the real value of your savings will be decreasing year on year. Many people know about this and are concerned, and they are trying to combat this. So, what are the main ways in which people safeguard their savings?

Locked Savings Accounts

More and more people are turning towards high-interest-locked accounts such as BLME. By locking their savings, one can gain a 4.60% return on their investment per year. Although this APY is considerable when we compare it to the average of 0.13% in an ordinary savings account, there are a few downsides. The major downside is that throughout the duration of the locked period, the funds cannot be withdrawn or used, meaning there’s no potential for cashback on purchases, and funds cannot be used to invest in different types of assets. To gain 4.60%, an investor must deposit their funds for 7 years. Moreover, while the APY is considerable, this alone does not protect against inflation, which in 2022 alone has been almost double that of the 4.60% that BLME offers per year. In this case, the real value of savings is still falling, even with a maxed-out APY. For many of the reasons aforementioned, locked savings accounts tend to be the route taken by the elderly, who are looking to protect the inheritance of their children from the forces of inflation. For younger people who are more financially active, there’s another option.

Investment Strategies

There tend to be four main strategies that individuals with a little bit of cash in their pockets will engage in. The first one is value investing. This is when you invest in an asset that seems to be undervalued at any moment in time. For example, the value of gold may be unusually low, meaning that buying and holding could generate passive income as the price goes up in the future. The second strategy is growth investing, where investors will usually spot a small company with big potential and purchase their stocks in hope that the company will grow in the future. Strategy three is momentum investing, where upward trends are spotted in time, and stocks are purchased to ‘hop on the bandwagon’, so to speak. Lastly, there’s dollar-cost averaging, where every month, an investor would buy a certain amount of a number of assets every month over a long period of time, for example, in hope that regardless of the market, there will be a slow upward trend over a number of years. In each of these methods, savvy investors will hope to make much higher returns than their counterparts engaging in locked savings. However, the biggest downside to opportunistic investing is that there is a great amount of risk that comes with it, not to mention the time it takes to research and learn to spot trends. However, when it comes to dollar cost averaging, it gets a little easier; you might choose to dollar cost averaging with technologies that you know will become slowly more prominent as we move further into Web3, such as the blockchain. For those interested in the aforementioned, there’s another option.

Cryptocurrencies

Cryptocurrencies can be bought and sold like any other asset, only as the majority are unbacked, they can be extremely volatile. Interestingly enough, however, as the blockchain becomes more prominent across the board as an effective, decentralized payment medium, playing a key role in Web3, there’s no surprise that we’ve seen a constant upward trend in the value of the major cryptocurrencies since their inception. Regardless of the bear market, there’s still an observable upward trend. This makes them perfect for dollar cost averaging, which we spoke about earlier.

However, what if there was a way to combine the best aspects of all of these methods that exist to safeguard one’s savings?

Blackcatcard

Blackcatcard is a mobile bank with prepaid debit cards and integrated cryptroservice and one main focus — to safeguard investments while remaining cheap, convenient, and secure.

If we move back to the idea of getting a good annual income on your savings, Blackcatcard offers a 2.2% annual rate on your balance. We ought to stress here that you can gain this annual income on your balance while still having full access to your funds; there’s no need to worry about locking your funds away for 7 years. This is very important as with Blackcatcard purchases, you can gain up to 5% cashback on assets. There’s even a CashBack Wheel where you can reclaim up to 7% on purchases. Combined with the aforementioned annual on your balance and the fact that there are no hidden fees and 5 free outgoing SEPA transfers a month, it’s possible to not only guard your savings against the forces of inflation but multiply them passively. By the way, incoming SEPA transfers are absolutely free.

Security is also a big factor here, as many people are concerned about investing in crypto due to not having enough experience with decentralization. Not only does Blackcatcard keep your private keys safe for you so you don’t lose them, but it uses modern protocols that not only guarantee the security of your fiat funds but your crypto funds too. With 24/7 support as standard, working with crypto for the first time has never been easier.

The integrated hot wallet and crypto service is provided by Blackcatcard’s partner, DigiNORD OÜ. You can find more information here.

Lastly, in terms of standard fees, Blackcatcard comes out on top. Whereas foreign transaction fees charged by standard financial institutions can hit 5% in some instances, all withdrawals within the EU are free when using Blackcatcard.

Indeed, there’s no wonder that this platform is gaining momentum; it combines the three ways in which users safeguard their money from the forces of inflation — high annual incomes, opportunities for investment, and access to the world of crypto. If you’d like to learn more about what Blackcatcard can offer you, check out the link below.

https://blackcatcard.com/