What are the fees associated with buying digital currencies using a credit card on the Cash App?

5 answers

• Nikolay Nikolaev TsachevJul 23, 2020 · 6 years ago
  When buying digital currencies using a credit card on the Cash App, there are a few fees to keep in mind. Firstly, there is a transaction fee of 1.5% for each purchase. This fee is applied to the total amount of the transaction. Additionally, if you are using a credit card, there may be additional fees charged by your credit card provider, such as cash advance fees or foreign transaction fees. It's important to check with your credit card provider to understand any potential additional charges. Overall, it's advisable to consider these fees when deciding to purchase digital currencies using a credit card on the Cash App.
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• Muhammad HuzaifaSep 10, 2024 · 2 years ago
  Buying digital currencies with a credit card on the Cash App comes with some fees. The main fee is a 1.5% transaction fee on the total amount of your purchase. This fee is automatically deducted from the amount you're buying. It's worth noting that there may be additional fees charged by your credit card company, such as cash advance fees or foreign transaction fees. These fees are not set by the Cash App and are determined by your credit card provider. Make sure to check with your credit card company to understand the full cost of using your credit card for digital currency purchases.
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• KillerDiekDec 29, 2023 · 2 years ago
  When it comes to buying digital currencies using a credit card on the Cash App, there are a few fees involved. The primary fee is a 1.5% transaction fee on the total amount of your purchase. This fee is deducted from the amount you're buying, so you'll receive slightly less than the amount you paid for. It's important to note that your credit card provider may also charge additional fees, such as cash advance fees or foreign transaction fees. These fees are separate from the Cash App fees and are determined by your credit card company. To get a clear understanding of the total fees involved, it's recommended to check with your credit card provider.
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• AYRA KHANJan 23, 2023 · 3 years ago
  When you buy digital currencies using a credit card on the Cash App, there are fees to consider. The main fee is a 1.5% transaction fee on the total amount of your purchase. This fee is automatically deducted from the amount you're buying. It's important to note that your credit card provider may also charge additional fees, such as cash advance fees or foreign transaction fees. These fees are not set by the Cash App and are determined by your credit card company. To get a clear picture of the fees involved, it's best to reach out to your credit card provider.
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• sompong pokasriDec 18, 2020 · 5 years ago
  When using a credit card to purchase digital currencies on the Cash App, there are fees to be aware of. The primary fee is a 1.5% transaction fee on the total amount of your purchase. This fee is deducted from the amount you're buying. Additionally, your credit card provider may charge additional fees, such as cash advance fees or foreign transaction fees. It's important to review your credit card terms and conditions to understand any potential extra charges. Keep in mind that these fees are not set by the Cash App, but rather by your credit card provider.
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