The Blockfi Rewards Credit Card - Why I Stopped Using It

Update: Blockfi now provides 1 free BTC withdrawal per month if you spend $100 or more on the card. But there is still a catch. The fee is reimbursed with each subsequent rewards payment. So you'll never actually be able to withdraw all your BTC because you'll always have at a minimum, the Blockfi fee sitting in your account.

Another Update:: Blockfi due to the FTX and Binance drama has now halted withdrawls of customer funds. I'm glad I stopped holding funds here. I was able to get out my last $40 worth of credit card rewards at least.

Update again (!): The Blockfi credit card has stopped working. I can't use it even if I wanted to (which I don't since I can't withdraw any rewards to what's the point).

Blockfi from the get-go has always got a lot of criticism from financial YouTubers who were all shilling for the Celsius Network which has since gone bankrupt (oops). Blockfi however is still standing (for now).

Final update: The Blockfi credit card has stopped working. I can't use it even if I wanted to (which I don't since I can't withdraw any rewards to what's the point) and Blockfi has offically gone Bankrupt.