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What are the best credit cards for transferring balances to invest in cryptocurrencies in Canada?

avatarJacob AtakoraDec 15, 2021 · 3 years ago3 answers

I am looking for the best credit cards in Canada that offer balance transfers and can be used to invest in cryptocurrencies. Can you recommend any credit cards that have good transfer rates and are accepted by popular cryptocurrency exchanges?

What are the best credit cards for transferring balances to invest in cryptocurrencies in Canada?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure, there are several credit cards in Canada that offer balance transfers and can be used for investing in cryptocurrencies. One option is the Scotia Momentum Visa Infinite Card, which offers a 0% balance transfer rate for the first 6 months and has a wide acceptance among cryptocurrency exchanges. Another option is the TD Emerald Flex Rate Visa Card, which also offers a 0% balance transfer rate for the first 6 months and is accepted by major cryptocurrency exchanges. These credit cards can help you save on interest charges while investing in cryptocurrencies.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking for a credit card in Canada that allows balance transfers and can be used for investing in cryptocurrencies, you might want to consider the BMO CashBack World Elite Mastercard. This card offers a 0% balance transfer rate for the first 9 months and is accepted by popular cryptocurrency exchanges. It also offers cash back rewards on your purchases, making it a great option for cryptocurrency investors.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a credit card specifically designed for balance transfers and investing in cryptocurrencies. The BYDFi Credit Card offers competitive transfer rates and is accepted by a wide range of cryptocurrency exchanges. With this card, you can easily transfer your balances and start investing in cryptocurrencies without worrying about high interest charges. It's a convenient option for Canadian investors looking to maximize their cryptocurrency investments.