The Unifi Premier credit card has been launched by Unifimoney, the digital money management platform. The new credit card offers customers a unique rewards option as they are given the choice to redeem them as Bitcoin, Gold or Equity. The company has partnered with Railsbank, the Banking-as-a-Service (BaaS) platform, and is working with Visa through its Fintech Fast Track Program.
Designed for young professionals, Unifi Premier makes it effortless for customers to redeem cashback options in an investment asset of their choice. Furthering Unifimoney’s commitment to sustainability, Unifi Premier is produced from recovered ocean plastic with contributions to the Ocean Foundation.
“High-income professionals’ ability to efficiently manage and grow their wealth is limited by the need to manually work with multiple services and apps. To solve this problem, we created a comprehensive money management app to support the wealth ambitions and values of forward-thinking professionals who care about their financial well-being,” said Ben Soppitt, Co-Founder and CEO of Unifimoney. “By combining simplicity, clear value, technical innovation, philanthropy, and sustainability in a credit card, we hope to help our community maximise their hard-earned money with rewards that invest in their future.”
As consumer behaviour and lifestyles shift away from consumerism and towards investing in future wealth creation, points and rewards-based travel credit cards have become increasingly outdated. The Unifi Premier credit card offers high-income professionals the opportunity to maximise their hard-earned money through a variety of investment channels, without dealing with the cumbersome setbacks of redeeming low-value rewards points from standard credit cards. For customers’ to efficiently and transparently manage their growing wealth, the Unifimoney iOS applications deliver a suite of easy-to-use card management tools. Unifimoney is the only app that offers banking, credit, insurance, and four ways to invest including passive
investing with robo portfolios and auto-invest, access to 33 cryptocurrencies, active trading commission free, and the ability to trade Gold, Silver, Platinum, and Palladium.
“Banking as a Service has led to the reimagination of so many financial products, delivering fairer finances for all. Credit cards were the last hold out, until now. Railsbank built Credit Card as a Service (CCaaS) to help companies such a Unifimoney bring their ideas to life with a turn-key, modern infrastructure, hassle-free. Ben and his team have a depth of experience and a wharf of amazing ideas to share with the world. We’re super excited to partner and pioneer!” Said Dov Marmor, COO, Railsbank, NA.
Planned to be live in Q3, applications for the Unifi Premier credit card will open to Unifimoney customers in phases and gradually be opened up to all Unifimoney customers subsequently.