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Are there any fees associated with the Coinbase card, such as annual fees or transaction fees?

avatarHyunsik YunDec 27, 2021 · 3 years ago7 answers

I'm interested in getting the Coinbase card, but I want to know if there are any fees associated with it. Are there any annual fees or transaction fees that I should be aware of?

Are there any fees associated with the Coinbase card, such as annual fees or transaction fees?

7 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with the Coinbase card. There is an annual fee of $4.95, which covers the cost of maintaining the card and providing customer support. Additionally, there are transaction fees for using the card. When you make a purchase with the card, there is a fee of 2.49% of the transaction amount. If you withdraw cash from an ATM using the card, there is a fee of 1.49% of the withdrawal amount. It's important to keep these fees in mind when considering whether to get the Coinbase card.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! The Coinbase card does come with some fees. There is an annual fee of $4.95, which is pretty reasonable considering the benefits and convenience the card offers. In terms of transaction fees, there is a 2.49% fee for purchases made with the card. If you need to withdraw cash from an ATM, there is a 1.49% fee. While these fees may seem a bit high, they are in line with industry standards. Overall, the Coinbase card is still a great option for cryptocurrency enthusiasts.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with the Coinbase card. However, it's important to note that these fees are relatively low compared to other similar products in the market. The annual fee for the card is $4.95, which is quite reasonable considering the convenience and benefits it offers. In terms of transaction fees, there is a 2.49% fee for purchases made with the card and a 1.49% fee for cash withdrawals from ATMs. While these fees may add up over time, they are still competitive and shouldn't deter you from considering the Coinbase card.
  • avatarDec 27, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that there are fees associated with the Coinbase card. The annual fee for the card is $4.95, which covers the cost of maintaining the card and providing customer support. In addition, there is a 2.49% transaction fee for purchases made with the card and a 1.49% fee for cash withdrawals from ATMs. These fees are in line with industry standards and are necessary to ensure the smooth operation of the card. Despite the fees, the Coinbase card offers a convenient and secure way to spend your cryptocurrency.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with the Coinbase card. The annual fee for the card is $4.95, which is relatively low compared to other similar products. In terms of transaction fees, there is a 2.49% fee for purchases made with the card and a 1.49% fee for cash withdrawals from ATMs. While these fees may seem high, it's important to consider the convenience and security that the Coinbase card provides. Overall, the fees are reasonable and shouldn't discourage you from using the card.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! The Coinbase card does come with fees. There is an annual fee of $4.95, which is pretty standard for this type of card. In terms of transaction fees, there is a 2.49% fee for purchases made with the card and a 1.49% fee for cash withdrawals from ATMs. While these fees may seem a bit high, they are necessary to cover the costs of maintaining the card and providing customer support. Despite the fees, the Coinbase card offers a convenient way to spend your cryptocurrency.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with the Coinbase card. The annual fee for the card is $4.95, which is relatively low compared to other similar products in the market. In terms of transaction fees, there is a 2.49% fee for purchases made with the card and a 1.49% fee for cash withdrawals from ATMs. While these fees may add up over time, they are still competitive and shouldn't deter you from considering the Coinbase card.