Based Announcements

[Card Promotion] Singles’ Week Special Earn double points (6 points per S$1) on online shopping* from 11-17 November, redeemable for up to 2% cashback. Happy shopping! E.g. Amazon, Lazada, Shopee, etc. *T&Cs: https://tinyurl.com/37mpnpk2

BasedApp Gold updates you can't miss. ✨ Mint a Gold NFT to redeem your Gold card and enjoy one year of complimentary Gold+ Rewards! ✨ Gold+ Rewards is a membership that bundles exclusive perks into a premium experience for an annual fee. ✨ No annual fee applies if you opt out after the first year. ✨ Early-access features include Solana card deposits, multi-currency accounts (USD & SGD), and more. ✨ There will only be 500 limited-edition Gold cards. ✨ Card redemption kicks off on November 30—be ready. Read more 👉 https://basedapp.io/blog/updates-to-basedapp-gold

Google Pay is now live! 🚀 You can add your BasedApp Visa card to Google Pay for fast, secure, and convenient payments anywhere. Ready to get started? Check out the setup guide here: https://help.basedapp.io/en/articles/9947246-add-your-basedapp-card-to-google-pay Apple Pay is next. 😉

All Gold Card holders will now have a distinct gold profile badge to reflect their upgraded gold status in the app. 👑 To check it out, simply click the profile button in the top right of your app.

We’ve made inviting friends easier in the app! Tap the invite button in the top right, share your code, and both you and your friend will get 10,000 points (worth up to S$33) when they spend S$500 in the first month! Shipping more UI updates soon! 😉

Are you a BasedGold member? Join us in the exclusive community chat! We are excited to show you some sneak peaks and have prepared a nice surprise. Verify your membership via - https://guild.xyz/basedapp to access the chat today!

Upcoming event at SMU with StraitsX to talk about stablecoin payments and driving adoption focused in Asia! 🗓️ 10 Sep, 7pm-9.30pm SGT https://lu.ma/st2sq2ze

Join us for OpenFi Day during Token2049 week to discuss everything open finance—from banking and payments to infrastructure. Together with Safe, Headquarters, Bridge, and Portal. 🗓 17 Sep, 4-8pm SGT https://lu.ma/OpenFiAsia

Kick off @token2049 in Singapore with a Based Breakfast on 17 Sep, 9am SGT! ☕ ️ BasedGold members get priority access—fuel your morning with coffee, croissants, and conversations. Start early, stay sharp. #AccountAbstraction #ChainAbstraction #Payments https://lu.ma/bfxvt9kf

Festive Bonus Alert! 🎉 From Dec 15-31, enjoy 2x points on every dollar spent! That's 6 points for every S$1! 🛍️ Also, our rewards catalogue drops next month. Stay tuned to discover the rewards you can redeem with your points! 😉

From Dec 1, 2023, cardholders can earn 1.5% APR on XSGD deposits in their SGD card account on BasedApp! How to qualify? Maintain an average daily balance of 500 XSGD (S$500) throughout the month in your card account. Interest calculations will be conducted at the end of each month, and cardholders will receive their rewards on the 5th of the following month. How to deposit XSGD to qualify: 1. Select “Card” on the menu. 2. Click on "Deposit" and input at least 500 XSGD to qualify for the 1.5% rate. If you are also using the card for spending, please deposit enough funds to ensure that the total balance across each day is at least 500 XSGD. Here's how to transfer funds to BasedApp: 👉 Bridge from another chain 👉 Deposit from exchanges 👉 Mint XSGD through StraitsX (Sign up, transfer, done!) 👉 Directly via bank deposits on our app (Coming in early Dec) For the full guide, check out this article: https://basedapp.io/blog/xsgd-earn-get-1-5-apr-on-xsgd-deposits-with-basedapp

Check out our latest new feature; Savings Vaults! It is designed to help you maximise returns on your idle stablecoins by offering access to some of the best and reliable vaults available in the market. Our first vault is powered by Compound III, where you can earn up to 7.86% APR (as of the current writing) on your stablecoins. (Do note that the APR varies depending on the utilization of the lending pool.) What is Compound III? It allows users to deposit USDC into lending pools, becoming a resource for borrowers. In return, lenders earn interest on their deposits. What are the rewards? When you deposit USDC, you not only earn interest in USDC but also in COMP, Compound's governance token. How to get started? Login to your BasedApp account, select Saving Vaults, and key in the amount of USDC you wish to deposit. Here’s a guide if you need some help: https://basedapp.io/blog/grow-your-idle-stablecoins-with-our-new-savings-vaults

Sending money to your friends on BasedApp just got a whole lot easier with usernames! No more hassle with wallet addresses, just key in their username! 🥳 Check your username in your profile at the top right corner. To send funds, go to Wallet > Send > Enter username.

Low on referral codes for your friends? No problem! If you're down to 1 left, good news: we've just topped you back up to 3! 🔄 Keep those referrals coming! 🧡

📢 Starting today, you can earn points when you spend or make recurring swaps on BasedApp. 🥳 Overseas spend will be included, with ZERO fx fees! ✈️ What's more, you'll be automatically entered into our Festive Raffle for a chance to win prizes worth over S$1,500! 🎁 https://x.com/basedappHQ/status/1716361164018565385?s=20

🛠️ Updated maintenance schedule: Due to a miscommunication of scheduled maintenance, the scheduled downtime will be from Nov 1, 11:30 PM SGT to Nov 2, 1.30 AM SGT instead of what is communicated earlier. During this period, card transactions and app features will be temporarily interrupted. Apologies for the inconvenience caused. In the meantime, 0% FX Fee and Point System is already live on production now. It will take a few weeks for the points to be reflected on the app.

🛠️ Updated maintenance schedule: 📅 Time: Oct, 31, 11:30pm SGT - Nov 1, 1.30am SGT During this time, we will also be updating the FX fee to 0%. 🥳 Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!

Get ready for the launch of BasedRewards on Nov 1, 2023. 🎉 You can earn points for spending, swapping, and soon, investing within the app. 👉️️️️️️ How to earn points? Spend (every S$1) = 3 points BONUS spend (every S$1) = 6 points - Spotify, Netflix, Youtube, GSuite, Twitter, Dropbox, ChatGPT Recurring Swap (every S$100) = 75 points 👉️️️️️️ Rewards? Points do not expire and you can accumulate them to redeem for rewards. For starters, 5,000 points can be redeemed for a S$10 reward. 👉️️️️️️ Festive Raffle: No need to take any action – all BasedApp users will be automatically enrolled to the raffle based on their earned points. Period: Nov 1, 2023, 12 pm SGT - Dec 10, 2023, 12 pm SGT 3 prizes worth over S$1500 - Playstation 5, Sony wireless headphones, and our own limited edition BasedApp mechanical keyboard! 🔖 Every 100 points earned through spending or recurring swaps gets you 1 raffle ticket. 🔖 Cardholders can receive up to 100 raffle tickets Read more here: https://tinyurl.com/yjcnzphr