Bitget Wallet Card Unveils Assetback Mechanism with Up to 3% Cash Rewards

Bitget Wallet has announced a major upgrade to its crypto payment card service. The company's 'Assetback' mechanism will be available globally, starting August 1st, with a cashback rate of up to 3%.

The new feature allows cardholders to choose their preferred cashback assets from a range of options, including Bitcoin (BTC), gold, and tokenized US stocks such as NVDA, TSLA, GOOGL, and S&P 500. New users or those meeting the monthly spending threshold can unlock the higher cashback rate.

The upgrade marks a shift away from traditional consumption-based cashback models, where rewards are typically offered in fiat currency or points. Bitget Wallet Card's new approach focuses on accumulating appreciating assets, transforming daily spending into an opportunity for investment portfolio growth without requiring a separate brokerage account or additional steps at checkout.