What are the fees associated with buying cryptocurrency using a Chase credit card?
Lodberg CraigDec 17, 2021 · 3 years ago3 answers
I would like to know the fees involved when purchasing cryptocurrency using a Chase credit card. Can you provide a breakdown of the fees and any additional charges that I should be aware of?
3 answers
- Dec 17, 2021 · 3 years agoWhen buying cryptocurrency using a Chase credit card, there are a few fees to consider. First, Chase may charge a cash advance fee for the transaction, as buying cryptocurrency is often treated as a cash advance. This fee can range from 3% to 5% of the transaction amount. Additionally, there may be a foreign transaction fee if the purchase is made in a different currency. It's important to check with Chase to understand the specific fees associated with your credit card and the terms and conditions that apply to cryptocurrency purchases.
- Dec 17, 2021 · 3 years agoBuying cryptocurrency with a Chase credit card can come with some fees. Depending on your credit card, you may be charged a cash advance fee, which is usually a percentage of the transaction amount. Additionally, if the purchase is made in a different currency, there may be a foreign transaction fee. It's best to review your credit card terms and conditions or contact Chase directly to get the most accurate information on the fees associated with buying cryptocurrency using a Chase credit card.
- Dec 17, 2021 · 3 years agoWhen purchasing cryptocurrency using a Chase credit card, it's important to be aware of the potential fees involved. Chase credit cards may charge a cash advance fee for cryptocurrency purchases, which can range from 3% to 5% of the transaction amount. Additionally, if the purchase is made in a different currency, there may be a foreign transaction fee. It's recommended to review the terms and conditions of your specific Chase credit card or contact Chase directly to understand the fees and charges associated with buying cryptocurrency.
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