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Binance Card updated cashback limitations

Binance

Cryptocoins Exchanges / Binance 295 Views

Hi all,

I just received a mail explaining updates to the Binance credit card. One of the updates is a monthly limitation to cashback in EUR. Originally, this was 1800 EUR/month. The updated article mentions a variable value per level, but doesn't actually mention the values. Does anyone know what the current limits are?

Mail: Binance card - Update

Dear Binancian,

We are thrilled to announce that we are adding USDT as supported crypto for converting and spending with your Binance card starting from 22 Oct.

Also in order to keep cashback rewards in command we are introducing EUR cashback caps. These caps set the maximum cashback rewards per calendar month per each card level.

Please refer to our FAQ article for more details.

Your Binance team

UPDATE: FAQ was updated:

Card Level BNB Monthly average balance BNB Rewards for your purchases Max reward (EUR) Spend limit (EUR)
1 0 0.1% 5 5000
2 1 2% 100 5000
3 10 3% 150 5000
4 40 4% 200 5000
5 100 5% 275 5500
6 250 6% 350 5833
7 600 8% 500 6250

submitted by /u/Epynomous
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