What are the fees and charges associated with using the Genesis Mastercard for crypto purchases?

3 answers

• Lily LiuNov 06, 2023 · 2 years ago
  Sure! When using the Genesis Mastercard for crypto purchases, there are a few fees and charges to be aware of. First, there is an annual membership fee of $50. Additionally, there is a transaction fee of 2% for each crypto purchase made with the card. This fee is applied to the total amount of the transaction. Lastly, there may be foreign transaction fees if the purchase is made in a currency other than the card's default currency. It's important to review the terms and conditions provided by Genesis and the card issuer for the most accurate and up-to-date information on fees and charges.
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• Marwa OuelhaziOct 06, 2024 · 2 years ago
  The fees and charges associated with using the Genesis Mastercard for crypto purchases include an annual membership fee of $50 and a transaction fee of 2% for each crypto purchase. It's important to note that these fees may vary depending on the specific terms and conditions of the card. It's always a good idea to review the fee schedule provided by the card issuer before making any purchases.
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• Muzaffar OrtiqovJun 29, 2022 · 4 years ago
  When it comes to the fees and charges associated with using the Genesis Mastercard for crypto purchases, there are a few things to keep in mind. First, there is an annual membership fee of $50. This fee is charged regardless of whether or not you make any crypto purchases with the card. Additionally, there is a transaction fee of 2% for each crypto purchase. This fee is based on the total amount of the transaction. Lastly, if you make a purchase in a currency other than the card's default currency, there may be foreign transaction fees. It's important to carefully review the terms and conditions provided by Genesis and the card issuer to understand all the fees and charges before using the card for crypto purchases.
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