OKX rolls out new perks for card users in Europe, offering 50% cashback on Netflix and ChatGPT subscriptions

OKX is making a play to become the default payment card in European crypto wallets. The exchange has upgraded its OKX Card rewards program across the European Economic Area, headlined by a 50% rebate on popular subscription services including Netflix, ChatGPT, and Claude. The subscription cashback is capped at €10 per month and paid exclusively in USDG, OKX’s stablecoin of choice. How the rewards stack up The subscription rebate is just one layer of a broader cashback structure tied to VIP status on the platform. Non-VIP cardholders earn a baseline 2% cashback on purchases, capped at a modest €5 per month. Higher VIP tiers scale that up considerably, with rates reaching as high as 10% and monthly caps climbing to €800 for the most active traders. All cashback and rebates are funded and distributed in USDG. OKX has been clear that the program is managed entirely in-house, with no involvement from the subscription providers themselves. The general cashback applies broadly, carrying a €20 monthly cap at baseline levels. The card itself runs on Mastercard’s network. Users can spend stablecoins like USDC and USDG, with transactions settling in euros at the point of sale. A 280% jump in ...