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    Introduction to Bybit Card Rewards
    bybit2024-09-25 11:44:57

    Bybit Card offers an exciting loyalty program to thank and incentivize you for your continued loyalty and support for using Bybit Card. You can earn Rewards Points when spending with Bybit Card with Crypto-funded transactions. The points not only can be exchanged for various items such as bonuses, coupons, exclusive merchandise on Reward Market, it can also be available for cashback!

     

     

     

     

     

    How to earn Rewards Points? 

    Each user will receive varying point multipliers and monthly caps based on their respective VIP levels with no expiry date. Points earned will accrue and be in pending status for 3 days after the transaction is completed, after which they will be converted into available Rewards Points and ready for redemption at our Rewards Market.

     

    To learn more about the variations in points across different VIP levels, kindly refer to the table below:

     

    VIP Tier

    Point Multipliers

    Monthly Maximum Point Limit

    Equivalent Monthly Cashback Rate 

    Equivalent Monthly Maximum Cashback (USDT) 

    VIP 0

    10

    5,000

    2.00%

    10

    VIP 1

    10

    37,500

    2.00%

    75

    VIP 2

    10 

    75,000

    2.00%

    150

    VIP 3

    20 

    100,000

    4.00%

    200

    VIP 4

    30 

    150,000

    6.00%

    300

    VIP 5

    40 

    200,000

    8.00%

    400

    Supreme VIP

    50 

    300,000

    10.00%

    600

     

    Notes: 

    • Only apply to Crypto-funded transactions.  

    • For every 1 EUR/USD spent, you earn 1 currency point equivalent.

    • Please note that your rewards points amount will be determined by applying the multiplier to your Spending amount. 

    • The value in the rewards market is determined by the following formula: [(Transaction amount / currency point equivalent) * multiplier] / 500 conversion rate

    • Cashback (USDT) is determined by multiplying the accumulated points by 0.002.

     

    For additional information on becoming a VIP, please refer to this article.

     

     

     

     

     

    Merchant Rebate in Points

    Additionally, we are thrilled to announce our collaboration with various merchants to introduce the following point rebate offers. Additional benefits rebates will be credited on the last day of every calendar month.

     

     

     

     

     

    VIP Tier Merchant Rebates

     

     

    VIP Tier

    Maximum Merchant Rebate Points 

    (Equivalent to EUR/USD value)

    Monthly Total Rebate

    Social Media Pack

    Trading Packs

    Telegram Premium

    X Blue Subscription

    Trading View 

    3Commas

    VIP 0

    -

    -

    -

    -

    -

    VIP 1

    up to 5 EUR/USD*

    (2,500 pts)

    -

    -

    -

    up to 2,500 pts

    VIP 2

    up to 11 EUR/USD*

    (5,500 pts)

    up to 15 EUR/USD*

    (7,500 pts)

    up to 15 EUR/USD*

    (7,500 pts)

    up to 15,500 pts

    VIP 3

    VIP 4

    up to 30 EUR/USD*

    (15,000 pts)

    up to 30 EUR/USD*

    (15,000 pts)

    up to 23,000 pts

    VIP 5

    up to 60 EUR/USD*

    (30,000 pts)

    up to 60 EUR/USD*

    (30,000 pts)

    up to 38,000 pts

    Supreme VIP

     

    Note: 

    • All rebates/rewards are given in the form of Rewards Points based on the equivalent value listed in the table above.

    • Rebates only apply for official website subscriptions and are paid using Bybit Card.

    • Additional spending above the points cap will not accrue additional points.

    • Only apply to Crypto-funded transactions.  

     

     

     

    Examples

    Scenario 1

    A VIP 2 user has 299.9 EUR Trading View transactions in a month. 

     

    As a VIP 2, user will get 2,999 points (299.9 * 10 multiplier)

    Receiving rebate from trading tools = 7,475 points

    Total point rewards = 2,999 + 7,475 = 10,474

     

    User is awarded 10,474 points.

     

     

    Scenario 2

    A VIP 2 user has 2,000 EUR Telegram and 5,500 EUR on 3Commas transaction in a month 

     

    As a VIP 2, user will get points 75,000 (2,000 * 10 multiplier) + (5,500 *10 multiplier)

    Receiving rebate from Telegram = 2,500

    Receiving rebate from 3Commas = 7,475

    Total points rewards = 75,000 + 2,500 + 7,475 = 84,975 

     

    User ultimately receives 75,000 points, as VIP2 level can only accumulate a maximum of 75,000 points.

     

     

    Scenario 3

    A VIP 1 user spent 10 EUR on X Blue Subscription

     

    As a VIP 1, user will get 50 points (10 * 5 multiplier)

    User is awarded 50 points.

     

     

     

     

    We’ll continue to update the Bybit Card Rewards Program to ensure it’s relevant to you, so do check back here occasionally to learn more about how we’re making your Bybit Card transactions more rewarding!

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