What are the fees associated with the crypto com debit card?
Om BhagatJan 04, 2022 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with the crypto com debit card? I would like to know the different types of fees, their amounts, and when they are charged.
3 answers
- Jan 04, 2022 · 3 years agoThe crypto com debit card has several fees associated with it. Firstly, there is an issuance fee of $50 when you order the card. Additionally, there is a monthly maintenance fee of $5. This fee is charged every month to keep your card active. When you make purchases using the card, there is a foreign transaction fee of 0.5% for transactions made in currencies other than USD. Lastly, if you withdraw cash from an ATM using the card, there is a withdrawal fee of $2.50 per transaction. It's important to be aware of these fees before using the crypto com debit card to avoid any surprises.
- Jan 04, 2022 · 3 years agoThe fees for the crypto com debit card include an issuance fee of $50, a monthly maintenance fee of $5, a foreign transaction fee of 0.5%, and a withdrawal fee of $2.50 per transaction. These fees are standard for most debit cards and are necessary to cover the costs associated with card production, maintenance, and international transactions. While the fees may seem high compared to traditional debit cards, it's important to consider the added benefits of using a crypto com debit card, such as the ability to spend cryptocurrency directly.
- Jan 04, 2022 · 3 years agoWhen it comes to the fees associated with the crypto com debit card, there are a few things you should know. Firstly, there is an issuance fee of $50 when you order the card. This fee covers the production and delivery of the card to your address. Secondly, there is a monthly maintenance fee of $5. This fee is charged to keep your card active and covers the costs of maintaining the infrastructure that supports the card. Additionally, there is a foreign transaction fee of 0.5% for transactions made in currencies other than USD. This fee is necessary to cover the costs of currency conversion. Lastly, if you withdraw cash from an ATM using the card, there is a withdrawal fee of $2.50 per transaction. This fee is charged by the ATM operator and is not specific to the crypto com debit card. It's important to be aware of these fees and factor them into your decision to use the card.
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