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Does Capital One charge any fees for cash advances in the cryptocurrency industry?

avatarSiegel DoughertyDec 27, 2021 · 3 years ago3 answers

I would like to know if Capital One charges any fees for cash advances in the cryptocurrency industry. Specifically, I am interested in understanding if there are any additional fees or charges when using Capital One credit cards to obtain cash advances for purchasing cryptocurrencies. Can you provide any information on this?

Does Capital One charge any fees for cash advances in the cryptocurrency industry?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, Capital One does charge fees for cash advances in the cryptocurrency industry. When you use your Capital One credit card to obtain a cash advance for purchasing cryptocurrencies, you may be subject to a cash advance fee, which is typically a percentage of the amount advanced. Additionally, interest charges may apply from the day the cash advance is made until it is paid off. It is important to review your credit card terms and conditions or contact Capital One directly for specific details on the fees and charges associated with cash advances for cryptocurrencies.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Capital One does charge fees for cash advances in the cryptocurrency industry. When you use your Capital One credit card to get a cash advance for buying cryptocurrencies, you might have to pay a cash advance fee, which is usually a percentage of the amount you advance. Furthermore, interest charges may apply from the day you make the cash advance until you pay it off. Make sure to go through your credit card terms and conditions or reach out to Capital One directly to get precise information about the fees and charges related to cash advances for cryptocurrencies.
  • avatarDec 27, 2021 · 3 years ago
    Yes, Capital One does charge fees for cash advances in the cryptocurrency industry. When using a Capital One credit card to obtain a cash advance for purchasing cryptocurrencies, you may incur a cash advance fee, typically a percentage of the amount advanced. Additionally, interest charges may apply from the day the cash advance is made until it is paid off. It's important to carefully review your credit card terms and conditions or contact Capital One directly for specific information regarding the fees and charges associated with cash advances for cryptocurrencies.