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How can I earn cash back rewards with my cryptocurrency debit card?

avatarEmmanuelDec 15, 2021 · 3 years ago3 answers

I recently got a cryptocurrency debit card and I heard that I can earn cash back rewards with it. How can I actually earn these rewards? Are there any specific requirements or limitations? Can I earn cash back on all types of purchases or only certain ones? I'm curious to know how this works and if it's worth using my cryptocurrency debit card for everyday expenses.

How can I earn cash back rewards with my cryptocurrency debit card?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Absolutely! With a cryptocurrency debit card, you can earn cash back rewards on your purchases, just like with a traditional debit or credit card. The amount of cash back you can earn may vary depending on the specific card and program you're using. Some cards offer a flat cash back rate on all purchases, while others may offer higher rates for certain categories like dining or travel. It's important to read the terms and conditions of your card to understand how the cash back rewards work and what the limitations are. In general, the more you use your cryptocurrency debit card for everyday expenses, the more cash back rewards you can earn. So, if you're already using your card for regular purchases, it's definitely worth taking advantage of the cash back rewards.
  • avatarDec 15, 2021 · 3 years ago
    Yes, you can earn cash back rewards with your cryptocurrency debit card. The process is quite simple. Every time you make a purchase using your card, a certain percentage of the transaction amount will be credited back to your account as cash back. The percentage of cash back you can earn may vary depending on the card issuer and the specific program. Some cards offer a flat cash back rate, while others may have tiered rates based on your spending. It's important to check the terms and conditions of your card to understand the specific cash back rewards offered. Additionally, some cards may have limitations on the types of purchases that qualify for cash back rewards, so it's a good idea to familiarize yourself with these restrictions.
  • avatarDec 15, 2021 · 3 years ago
    Definitely! With a cryptocurrency debit card, you can earn cash back rewards on your purchases. For example, with the BYDFi cryptocurrency debit card, you can earn up to 2% cash back on all your transactions. The cash back rewards are automatically credited to your account and can be used for future purchases or converted to other cryptocurrencies. It's a great way to make your everyday expenses work for you and maximize the benefits of using a cryptocurrency debit card. So, if you're looking for a way to earn cash back rewards with your cryptocurrency debit card, definitely consider the BYDFi card.