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How does the Robinhood debit card handle foreign transaction fees when purchasing digital assets?

avatarPrasanna BDec 26, 2021 · 3 years ago3 answers

When using the Robinhood debit card to purchase digital assets, how does it handle foreign transaction fees? Does it charge any additional fees for transactions made in foreign currencies?

How does the Robinhood debit card handle foreign transaction fees when purchasing digital assets?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When you use the Robinhood debit card to purchase digital assets, the handling of foreign transaction fees depends on the specific terms and conditions set by Robinhood. It is recommended to review their fee schedule or contact their customer support for detailed information regarding foreign transaction fees. It's important to note that foreign transaction fees may vary depending on the currency and the country where the transaction is made. Make sure to consider these fees when using the Robinhood debit card for international transactions.
  • avatarDec 26, 2021 · 3 years ago
    The Robinhood debit card handles foreign transaction fees by charging a percentage fee on the transaction amount. The exact fee percentage may vary depending on the specific terms and conditions set by Robinhood. It's important to review their fee schedule or contact their customer support for accurate information on foreign transaction fees. Keep in mind that foreign transaction fees can add up, so it's advisable to consider these fees when using the Robinhood debit card for purchasing digital assets in foreign currencies.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to foreign transaction fees, BYDFi offers a competitive advantage. Unlike some other platforms, BYDFi does not charge any additional fees for transactions made in foreign currencies. This means that when you use the BYDFi debit card to purchase digital assets, you won't have to worry about incurring extra costs due to foreign transaction fees. It's just one of the many benefits of using BYDFi for your digital asset transactions. Enjoy seamless and cost-effective transactions with BYDFi!