What are the fees and charges associated with using Robinhood Mastercard for cryptocurrency transactions?
Behrens RiddleNov 24, 2021 · 3 years ago5 answers
Can you please provide a detailed description of the fees and charges that are associated with using Robinhood Mastercard for cryptocurrency transactions? I would like to know the costs involved before using this card for my cryptocurrency transactions.
5 answers
- Nov 24, 2021 · 3 years agoSure! When it comes to using the Robinhood Mastercard for cryptocurrency transactions, there are a few fees and charges to be aware of. Firstly, there is a foreign transaction fee of 3% for any transactions made in a currency other than USD. This fee is charged by the card network and not by Robinhood. Additionally, if you withdraw cash from an ATM using the Robinhood Mastercard, you may be subject to ATM fees charged by the ATM operator. It's important to note that these fees and charges are separate from any fees associated with your Robinhood account or the cryptocurrency exchange itself.
- Nov 24, 2021 · 3 years agoHey there! If you're planning to use the Robinhood Mastercard for cryptocurrency transactions, it's good to know about the fees and charges involved. For transactions made in a currency other than USD, there is a foreign transaction fee of 3%. This fee is not charged by Robinhood, but by the card network. Also, if you decide to withdraw cash from an ATM using the Robinhood Mastercard, keep in mind that you may be subject to ATM fees charged by the ATM operator. It's always a good idea to check with your card issuer for the most up-to-date information on fees and charges.
- Nov 24, 2021 · 3 years agoCertainly! When using the Robinhood Mastercard for cryptocurrency transactions, there are a few fees and charges to consider. For transactions made in a currency other than USD, there is a foreign transaction fee of 3%. This fee is charged by the card network and not by Robinhood. Additionally, if you withdraw cash from an ATM using the Robinhood Mastercard, you may be subject to ATM fees charged by the ATM operator. It's important to review the terms and conditions of the card to understand all the fees and charges associated with it.
- Nov 24, 2021 · 3 years agoUsing the Robinhood Mastercard for cryptocurrency transactions? Here's what you need to know about the fees and charges. For transactions made in a currency other than USD, there is a foreign transaction fee of 3%. This fee is charged by the card network, not by Robinhood. If you withdraw cash from an ATM using the Robinhood Mastercard, be aware that you may incur ATM fees charged by the ATM operator. Make sure to read the fine print and understand all the fees and charges before using the card.
- Nov 24, 2021 · 3 years agoWhen it comes to using the Robinhood Mastercard for cryptocurrency transactions, there are a few fees and charges to keep in mind. Transactions made in a currency other than USD are subject to a foreign transaction fee of 3%. This fee is charged by the card network, not by Robinhood. Additionally, if you withdraw cash from an ATM using the Robinhood Mastercard, you may be charged ATM fees by the ATM operator. It's important to review the card's terms and conditions to understand all the fees and charges associated with it.
Related Tags
Hot Questions
- 67
What are the advantages of using cryptocurrency for online transactions?
- 55
How can I minimize my tax liability when dealing with cryptocurrencies?
- 54
What are the best digital currencies to invest in right now?
- 51
What are the best practices for reporting cryptocurrency on my taxes?
- 31
What are the tax implications of using cryptocurrency?
- 30
How can I buy Bitcoin with a credit card?
- 29
Are there any special tax rules for crypto investors?
- 23
How does cryptocurrency affect my tax return?