Can I earn cryptocurrency through credit card rewards?

3 answers

• SarahJun 23, 2020 · 5 years ago
  Yes, it is possible to earn cryptocurrency through credit card rewards. Some credit card companies have started offering rewards programs that allow you to earn cryptocurrencies like Bitcoin or Ethereum. These programs work similarly to traditional rewards programs, where you earn a certain amount of cryptocurrency for every dollar you spend using the credit card. However, it's important to note that these programs may have certain restrictions or limitations, such as a minimum spending requirement or a cap on the amount of cryptocurrency you can earn. It's also worth mentioning that the availability of these programs may vary depending on your location and the credit card issuer.
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• smahanApr 27, 2021 · 4 years ago
  Absolutely! There are credit cards that offer cryptocurrency rewards as part of their rewards programs. These cards allow you to earn cryptocurrencies like Bitcoin or Ethereum based on your spending. For example, you may earn a certain percentage of your purchases in cryptocurrency rewards. This can be a great way to accumulate cryptocurrencies without having to make additional investments. However, it's important to carefully read the terms and conditions of these credit cards to understand the specific details of the rewards program and any associated fees or limitations.
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• 18Haripriyam2023Jan 21, 2025 · 7 months ago
  Yes, there are credit cards that allow you to earn cryptocurrencies as rewards. One example is the BYDFi credit card, which offers a rewards program that allows you to earn Bitcoin or Ethereum for every dollar you spend using the card. This can be a great way to accumulate cryptocurrencies while making your everyday purchases. However, it's important to note that the availability and terms of these credit card rewards programs may change over time, so it's always a good idea to stay updated with the latest information from the credit card issuer.
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