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Is it possible to earn rewards or cashback when using my credit card on Cash App to purchase cryptocurrencies?

avatarSupritha SDec 15, 2021 · 3 years ago3 answers

I'm wondering if it's possible to earn rewards or cashback when I use my credit card on Cash App to buy cryptocurrencies. Can I take advantage of any benefits or incentives offered by my credit card company while making these purchases?

Is it possible to earn rewards or cashback when using my credit card on Cash App to purchase cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cashback when using your credit card on Cash App to purchase cryptocurrencies. Many credit card companies offer rewards programs that allow you to earn points, miles, or cashback on every purchase, including cryptocurrency transactions. However, it's important to check with your specific credit card provider to see if they consider cryptocurrency purchases eligible for rewards or cashback. Some credit card companies may have restrictions or limitations on earning rewards for these types of transactions. Make sure to read the terms and conditions of your credit card rewards program to understand the eligibility criteria.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! You can earn rewards or cashback when using your credit card on Cash App to buy cryptocurrencies. Many credit card companies have partnerships with cryptocurrency platforms and offer special rewards or cashback rates for these transactions. By using your credit card, you can take advantage of these benefits and earn rewards on your cryptocurrency purchases. Just make sure to check with your credit card provider to see if they have any specific requirements or limitations for earning rewards on cryptocurrency transactions.
  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cashback when using your credit card on Cash App to purchase cryptocurrencies. However, it's important to note that not all credit card companies offer rewards or cashback for these types of transactions. Some credit card providers may consider cryptocurrency purchases as cash advances or non-eligible transactions for rewards. It's best to check with your credit card company directly to understand their policies regarding rewards or cashback for cryptocurrency purchases. Additionally, you may also want to explore other credit card options that specifically offer rewards or cashback for cryptocurrency transactions.