Are there any fees or limitations when using a credit card to fund a cash app account for cryptocurrency purchases?

5 answers

• Mahsa AbbasiMay 23, 2021 · 5 years ago
  When using a credit card to fund your cash app account for cryptocurrency purchases, there may be fees and limitations to consider. Some credit card issuers may charge a cash advance fee for purchasing cryptocurrencies, as they treat it as a cash equivalent transaction. Additionally, there may be a limit on the amount you can purchase using a credit card. It's important to check with your credit card issuer to understand their specific fees and limitations.
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• Namakia David LeonAug 05, 2023 · 2 years ago
  Using a credit card to fund your cash app account for cryptocurrency purchases can be convenient, but it's important to be aware of any fees or limitations that may apply. Some credit card issuers may charge a higher interest rate for cash advances, which can include cryptocurrency purchases. Additionally, there may be a limit on the amount you can purchase using a credit card. It's always a good idea to read the terms and conditions of your credit card agreement or contact your credit card issuer for more information.
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• Đào Văn MongNov 20, 2021 · 4 years ago
  When using a credit card to fund your cash app account for cryptocurrency purchases, it's important to note that there may be fees and limitations involved. For example, some credit card issuers may charge a cash advance fee for cryptocurrency transactions, which can be higher than the regular purchase APR. Additionally, there may be a limit on the amount you can purchase using a credit card. It's recommended to check with your credit card issuer to understand the specific fees and limitations that apply to your account.
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• John Lee MogolAug 23, 2020 · 5 years ago
  Using a credit card to fund your cash app account for cryptocurrency purchases may come with certain fees and limitations. Some credit card issuers treat cryptocurrency purchases as cash advances, which can incur higher interest rates and fees. Additionally, there may be a limit on the amount you can purchase using a credit card. It's important to review your credit card agreement or contact your credit card issuer to understand the fees and limitations associated with using a credit card for cryptocurrency purchases.
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• Mr FirmanJan 13, 2022 · 4 years ago
  At BYDFi, we understand that using a credit card to fund your cash app account for cryptocurrency purchases can be a convenient option. However, it's important to be aware of any fees or limitations that may apply. Some credit card issuers may charge a cash advance fee for cryptocurrency transactions, and there may be a limit on the amount you can purchase using a credit card. We recommend checking with your credit card issuer to understand their specific fees and limitations before making any transactions.
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