This is how much I get if I put $100k into my bank account, %0,01 yield, $0.67 after a month
This is why neobanks gonna win in non-EU countries, not just because of the yield but just to save themselves from inflation, yield is on top of it
This is also why you see Redotpay - who is #1 in neobanks - doing no points or cashback campaign (they announced cashback but its capped at $18 a month)
Because users of Redotpay is just looking to save their hard-earned money from inflation while earning a good and relatively safe yield.
Meanwhile other cards who are fully focusing on EU offering crazy perks just to make like 1/10 of Redotpays volume and revenue
I only believe in 3 cards who gonna make it out of EU and vampire attack market share from Redotpay
Etherfi, Plasma One, KAST.
Lets see how this volume chart will look like in couple of months
