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Can you earn cash back with a cryptocurrency debit card?

avatarGraeciaNRDec 29, 2021 · 3 years ago3 answers

Is it possible to earn cash back when using a cryptocurrency debit card? How does it work and which cryptocurrencies are eligible for cash back rewards?

Can you earn cash back with a cryptocurrency debit card?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, you can earn cash back with a cryptocurrency debit card. Many cryptocurrency debit card providers offer cash back rewards as an incentive for using their cards. The cash back rewards are typically a percentage of the purchase amount and are credited back to your card account. The specific cryptocurrencies eligible for cash back rewards may vary depending on the card provider. Some popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin are often eligible for cash back rewards. It's important to check with the card provider to see which cryptocurrencies are supported.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! With a cryptocurrency debit card, you can earn cash back on your purchases. It's a great way to make your crypto work for you. The process is simple: when you make a purchase using your cryptocurrency debit card, a percentage of the transaction amount is credited back to your card account as cash back. The exact percentage may vary depending on the card provider and the specific terms and conditions. So, not only can you spend your cryptocurrencies like regular money, but you can also earn rewards while doing so!
  • avatarDec 29, 2021 · 3 years ago
    Yes, you can earn cash back with a cryptocurrency debit card. For example, BYDFi offers a cryptocurrency debit card that allows you to earn cash back on your purchases. When you use the card for transactions, a percentage of the transaction amount is credited back to your card account as cash back. This cash back can be in the form of the cryptocurrency you used for the transaction or in a different supported cryptocurrency. It's a great way to maximize the benefits of using cryptocurrencies for everyday transactions.