๐ Pay Your Credit Card Bills with Crypto! ๐๐ณ
Highly-Endorsed: Via Step #3 of my "Create & Manage Your Own โBitcoin Bank" post, I showed my paid-up (Pro) Bear's Bulletins subscribers how I use a particular self-custodial crypto wallet, in tandem with two other key platforms, to effectively becomeย my own โBitcoin Bank!โ
To let the cat out of the bag here, for our M4 community, one of those platforms happens to be Spritz Finance. To accentuate my own how-to video on using them, I am passing along one of Spritz's latest articles... which is a good one to get a nice overview of what is possible with crypto-to-fiat money management.
Barry Goss
Editor & Chief Grizzly, Bearโs Bulletins
Hey there!
Spritz is making it easier than ever to use your crypto to pay for things in the real world.
๐ย ๐ย While the SpritzCard is always an option, we know that many of you still use your TradFi credit cards to earn rewards on day-to-day purchases! If thatโs you, did you know that you can still use crypto to make payments to your credit card bills?
Spritz offers direct payments to thousands of billing providers in the United States. That means that you can get the best of both worlds: points and miles on your credit card purchases, AND the ability to pay off those statements directly from your favorite crypto wallet or exchange account.
How to pay your credit cards with crypto:
๐ตย Direct Credit Card Payments: Spritz simplifies your crypto payments. Effortlessly link your credit card and pay your bills using your favorite crypto assets. This feature supports assets on Ethereum, BNB Chain, Polygon, Avalanche, Optimism, and Arbitrum networks. This means you can settle your bills using ETH, BNB, DRIP, or even the JOE token!
๐ง ย SMARTPay: Bid farewell to manual monthly payments! Our SMARTPay feature lets you set up recurring credit card payments with USDC on the Polygon network. We take on the responsibility of the gas fees for these transactions, so you can enjoy an extra treat when you schedule payments ahead of time!ย
How to use SMARTPay:
Choose the bill you want to make the payment to and select "Set up recurring payment.ย
Set up the payment information, including the amount, the network and token you want to pay on, and how often to send the payment
Confirm the transaction in your wallet. That's it!
We'll send a monthly payment to your bill straight from your wallet. We'll even cover the gas fees. ๐
๐ขย Crypto Off-Ramp: If you prefer going through your bank, Spritz allows you to transfer your crypto assets directly to your bank account, facilitating payment for any bill, from credit cards to entertainment subscriptions.ย
How to use the Spritz off-ramp:
Click on the "Bank transfer" section of the Spritz app.ย
Choose the account you want to off-ramp to, or add a new bank account in the "Add an account" section.ย
Set up the payment, including how much you'd like to pay, the network you want to pay on, and the asset you want to pay with.ย
Confirm the transaction in your wallet. That's it!ย
๐ณย SpritzCard: Use your crypto in the real world with the SpritzCardโa prepaid digital card that you can top up with crypto. The card is compatible with online payments, and you can also integrate it with mobile wallets like Apple Pay or Google Pay. Its global acceptance by Visa makes it a versatile asset for your day-to-day transactions.
How to fund your SpritzCard:
Click on the "Spend" tab in the Spritz app.ย
Choose "Fund with crypto" to add funds to your card.ย
Set up the payment like you would any other Spritz payment, then confirm it in your wallet. That's it!ย
You can fund your SpritzCard with ANY asset across any of our supported blockchain networks. That means you can spend thousands of different tokens and coins anywhere in the real world with the click of a button!ย
Weโre refreshing finance with real-world solutions to some of the most common problems that DeFi users face today!
Keep up with Spritz to see what weโve got planned for the future!
Cheers!
The Spritz Team๐น