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Is it possible to earn rewards or cash back by using credit cards for cryptocurrency transactions?

avatarRobeFowl22Dec 27, 2021 · 3 years ago3 answers

I'm wondering if it's possible to earn rewards or cash back by using credit cards for cryptocurrency transactions. I've heard that some credit card companies offer rewards for certain types of purchases, but I'm not sure if cryptocurrency transactions are included. Can anyone shed some light on this?

Is it possible to earn rewards or cash back by using credit cards for cryptocurrency transactions?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cash back by using credit cards for cryptocurrency transactions. Many credit card companies have started offering rewards for cryptocurrency purchases as they see the growing popularity of digital currencies. However, it's important to note that not all credit cards offer this feature, so it's best to check with your credit card provider to see if they have any rewards programs for cryptocurrency transactions. Additionally, the rewards or cash back rates may vary depending on the credit card and the specific terms and conditions of the rewards program.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Some credit card companies have partnered with cryptocurrency exchanges to offer rewards or cash back for using their credit cards for cryptocurrency transactions. These rewards can range from cash back percentages to loyalty points that can be redeemed for various benefits. It's a great way to earn some extra rewards while engaging in cryptocurrency transactions. Just make sure to read the terms and conditions of the credit card rewards program to understand the specific details and limitations.
  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cash back by using credit cards for cryptocurrency transactions. For example, at BYDFi, we have partnered with several credit card companies to offer exclusive rewards for our users. By using our credit card for cryptocurrency transactions, you can earn cash back, loyalty points, and other exciting rewards. It's a win-win situation where you can enjoy the benefits of using a credit card while also engaging in the world of cryptocurrencies. Check out our website for more information on our credit card rewards program!