Can I earn rewards or cash back when buying crypto with my American Express credit card?
Mahesh ShounolNov 26, 2021 · 3 years ago3 answers
Is it possible to earn rewards or cash back when purchasing cryptocurrency using my American Express credit card? I'm wondering if I can take advantage of any benefits or incentives offered by American Express while investing in crypto.
3 answers
- Nov 26, 2021 · 3 years agoYes, it is possible to earn rewards or cash back when buying crypto with your American Express credit card. American Express offers various credit cards that provide rewards for every purchase, including cryptocurrency transactions. By using your American Express credit card, you can earn points, cash back, or other rewards based on the card's terms and conditions. It's important to check with American Express to understand the specific rewards program associated with your credit card and whether cryptocurrency purchases are eligible for rewards.
- Nov 26, 2021 · 3 years agoDefinitely! American Express credit cards often come with rewards programs that allow you to earn points or cash back on every purchase you make, including buying cryptocurrency. By using your American Express credit card to invest in crypto, you can take advantage of these rewards and potentially earn some extra benefits. Just make sure to check the terms and conditions of your specific credit card to see if cryptocurrency purchases qualify for rewards.
- Nov 26, 2021 · 3 years agoYes, you can earn rewards or cash back when buying crypto with your American Express credit card. However, it's important to note that the availability and terms of rewards programs may vary depending on the specific credit card you have. Some American Express credit cards may offer rewards for cryptocurrency purchases, while others may not. To find out if your credit card is eligible for rewards or cash back on crypto transactions, I recommend contacting American Express directly or checking their website for more information.
Related Tags
Hot Questions
- 97
How can I buy Bitcoin with a credit card?
- 93
What are the best digital currencies to invest in right now?
- 82
How can I protect my digital assets from hackers?
- 58
What are the tax implications of using cryptocurrency?
- 43
How can I minimize my tax liability when dealing with cryptocurrencies?
- 30
How does cryptocurrency affect my tax return?
- 27
Are there any special tax rules for crypto investors?
- 24
What are the advantages of using cryptocurrency for online transactions?