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Can I earn rewards or cashback when purchasing cryptocurrency with my American Express card?

avatarJake ReyesJan 14, 2022 · 3 years ago3 answers

Is it possible to earn rewards or cashback when I use my American Express card to buy cryptocurrency? I'm wondering if I can take advantage of any rewards programs or cashback offers while investing in digital currencies.

Can I earn rewards or cashback when purchasing cryptocurrency with my American Express card?

3 answers

  • avatarJan 14, 2022 · 3 years ago
    Yes, it is possible to earn rewards or cashback when purchasing cryptocurrency with your American Express card. Some credit card companies offer rewards programs that allow you to earn points or cashback on every purchase, including cryptocurrency transactions. However, it's important to note that not all credit cards have this feature, so you should check with your specific credit card provider to see if they offer rewards or cashback for cryptocurrency purchases.
  • avatarJan 14, 2022 · 3 years ago
    Absolutely! Many credit card companies, including American Express, offer rewards programs that allow you to earn points or cashback on your purchases. This includes cryptocurrency transactions. So, if you use your American Express card to buy cryptocurrency, you can earn rewards or cashback, just like you would with any other purchase.
  • avatarJan 14, 2022 · 3 years ago
    Yes, you can earn rewards or cashback when purchasing cryptocurrency with your American Express card. However, it's important to note that the specific rewards or cashback rates may vary depending on the credit card and the terms and conditions of the rewards program. Some credit cards may offer higher rewards for certain types of purchases, while others may have lower rewards for cryptocurrency transactions. It's always a good idea to check with your credit card provider to understand the details of their rewards program for cryptocurrency purchases.