# Bold Rewards

Bold is currently offering the following reward system:&#x20;

* New users receive $25 in bitcoin after purchasing $100 or more.&#x20;
* Fees that are paid on your first $10,000 in buys are automatically sent to your rewards page.
* For every new user you refer that signs up and funds their account, you receive $5 worth of bitcoin.&#x20;

Additionally, using the Bold Debit Card ensures you earn more rewards the more bitcoin you buy with Bold. Bold has built a system of `Tiers` that helps maximize your reward potential by using the card.&#x20;

### Rewards Page Overview

From the [reward page](https://app.getbold.io/rewards) you can see your current balance in sats and dollars. You can see your reward `Tier level` and how far away you are from the `Next tier`. You can also see a `Latest transactions` tracker that shows where all of your bitcoin rewards have come from.&#x20;

### Debit Card Rewards

Buying bitcoin with Bold increases the reward tier your card operates in. The higher reward tier, the more bitcoin you earn back on purchases.&#x20;

* Your current tier and the next tier will be visibly shown on the Reward homepage.

<figure><img src="/files/2UMxqu0ifhnsTGpsXfK3" alt="" width="300"><figcaption></figcaption></figure>

* To view the details of your current tier, click `Details`.

<figure><img src="/files/3awMoVsIqNGYHJVLU7ih" alt="" width="375"><figcaption></figcaption></figure>

* You will see all of the information about your current tier. You will also be able to buy the amount of bitcoin needed to reach your next tier.
  * If you click the button prompting you to unlock the next tier, you will initiate a `Buy` that will fulfill your requirement to unlock the next tier.&#x20;
    * You can also click `Unlock tier 1` from the rewards home page to immediately initiate a buy to take you to your next tier.

{% hint style="info" %}
Tier 1 is the next tier for the example account used in the image above, this will be account specific.&#x20;
{% endhint %}

* If you click `Explore all tiers` you will see a running list of all the tiers Bold offers. Additionally, you will be able to select any of these and buy enough bitcoin to reach any of these levels.&#x20;

The chart below shows a breakdown of each tier:&#x20;

<table><thead><tr><th width="183.52734375" align="center">Rewards Tier </th><th width="262.06640625" align="center">BTC Buy Volume - 365 day rolling</th><th width="221.6953125" align="center">Card BTC Back Rewards %</th></tr></thead><tbody><tr><td align="center">Tier 0</td><td align="center">$0</td><td align="center">0.25% on up to $5,000 of card spend</td></tr><tr><td align="center">Tier 1</td><td align="center">$100</td><td align="center">1.00% on up to $6,000 of card spend</td></tr><tr><td align="center">Tier 2</td><td align="center">$250</td><td align="center">1.50% on up to $7,000 of card spend</td></tr><tr><td align="center">Tier 3</td><td align="center">$500</td><td align="center">2.00% on up to $8,000 of card spend</td></tr><tr><td align="center">Tier 4</td><td align="center">$1,000</td><td align="center">2.50% on up to $9,000 of card spend</td></tr><tr><td align="center">Tier 5</td><td align="center">$2,500</td><td align="center">3.00% on up to $10,000 of card spend</td></tr><tr><td align="center">Tier 6</td><td align="center">$5,000</td><td align="center">3.50% on up to $12,000 of card spend</td></tr><tr><td align="center">Tier 7</td><td align="center">$10,000</td><td align="center">4.00% on up to $15,000 of card spend</td></tr><tr><td align="center">Tier 8</td><td align="center">$25,000</td><td align="center">4.50% on up to $18,000 of card spend</td></tr><tr><td align="center">Tier 9</td><td align="center">$50,000</td><td align="center">5.00% on up to $21,000 of card spend</td></tr><tr><td align="center">Tier 10</td><td align="center">$100,000</td><td align="center">5.50% on up to $24,000 of card spend</td></tr><tr><td align="center">Tier 11</td><td align="center">$250,000</td><td align="center">6.00% on up to $27,000 of card spend</td></tr><tr><td align="center">Tier 12</td><td align="center">$500,000</td><td align="center">8.00% on up to $32,000 of card spend</td></tr><tr><td align="center">Tier 13</td><td align="center">$1,000,000</td><td align="center">10.00% on up to $40,000 of card spend</td></tr></tbody></table>

{% hint style="info" %}

1. Rewards apply to a 365-day rolling spend limit across all your bold cards. When you upgrade tiers your spend limit increases.
2. When the spend limit is exhausted the default bitcoin-back rate of 0.25% is applied on your card spending.
3. Card rewards have a 90 day hold period.&#x20;
   {% endhint %}

### Getting your Unique Referral code

1. Navigate to the [Rewards](https://app.getbold.io/rewards) page.
2. Click `Invite friends earn sats` to see your unique referral link.&#x20;

<figure><img src="/files/x9T9JxtM1q1bmjiW8dWM" alt="" width="164"><figcaption></figcaption></figure>

3. When your referral link is generated you can either:

* Copy it
* Send via Telegram
* Send via X
* Send via Text
* Type in an email address and click "Send invites" to automatically send

### Redeeming Rewards

To redeem your rewards your account must satisfy the minimum requirements of:

* Successfully verify your identification for your account.
* Purchase $100 or more bitcoin on your Bold account.

1. Click `Redeem`.

<figure><img src="/files/IYYTwYCNBMUvNo7U4van" alt="" width="164"><figcaption></figcaption></figure>

2. Enter in how many sats you wish to redeem and click `Review`.
3. Click `Send`.

<figure><img src="/files/Muv4m5g1RNfgw7wvbXF1" alt="" width="375"><figcaption></figcaption></figure>

4. Your reward redemption will be successfully submitted.&#x20;

{% hint style="info" %}
Non-card rewards have a 30 day hold period.&#x20;
{% endhint %}


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