Update 9/20/21: Blispay has now shut down permanently. Sending this e-mail out:
We are writing to inform you that we will be closing your Blispay account effective immediately.
While this is not the outcome we had wished for, we are thankful for your business and support.
Original post: Blispay is a 2% credit card which also offers financing on purchases $199+ with no fees for 6 months.. They’ve just announced that they are suspending “lending”, but that means you can’t use the card at all. They call it a temporary move, probably due to lack of funds, but this doesn’t look great for the overall viability of the company. Presumably, there are too many free-floaters who take advantage of the 6 month financing and then pay off the balance without incurring fees.
A number of readers sent over this information since Blispay just emailed this out. I guess people like Blispay for the free float or else just as another 2% card for those who maxed out the regular 2% options.
Source: doctorofcredit.com