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Can I earn rewards or cashback when buying digital currency with a credit card?

avatarThe AhmedDec 25, 2021 · 3 years ago3 answers

Is it possible to earn rewards or cashback when purchasing digital currency using a credit card? I'm interested in maximizing the benefits of my credit card usage and would like to know if there are any incentives for buying digital currency.

Can I earn rewards or cashback when buying digital currency with a credit card?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, some credit cards offer rewards or cashback for purchasing digital currency. However, it's important to check with your credit card provider to see if they have any specific terms or conditions. Some credit cards may categorize digital currency purchases as cash advances, which may not be eligible for rewards or cashback. Additionally, the rewards or cashback rates may vary depending on the credit card issuer. It's always a good idea to compare different credit card offers and choose one that provides the best rewards for digital currency purchases.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Many credit card companies recognize the growing popularity of digital currency and have started offering rewards or cashback for such purchases. It's a win-win situation where you can earn rewards while investing in digital assets. Just make sure to read the terms and conditions of your credit card to understand the specific rewards program. Some credit cards may offer higher rewards for digital currency purchases compared to other transactions. Take advantage of these rewards to maximize the benefits of your credit card usage.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! At BYDFi, we understand the importance of rewarding our users for their digital currency purchases. When you buy digital currency using a credit card on our platform, you can earn BYDFi Points, which can be redeemed for various benefits and discounts. It's a great way to make the most out of your credit card usage while investing in digital assets. Start earning rewards today by joining BYDFi and exploring our wide range of digital currency options.