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Are there any limitations or fees when buying crypto with a Capital One credit card?

avatarSudheer SinghDec 27, 2021 · 3 years ago3 answers

What are the limitations and fees associated with purchasing cryptocurrency using a Capital One credit card?

Are there any limitations or fees when buying crypto with a Capital One credit card?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When buying cryptocurrency with a Capital One credit card, there may be certain limitations and fees to consider. Capital One may impose a cash advance fee for crypto purchases, as they may treat it as a cash equivalent transaction. Additionally, there may be a limit on the amount you can spend on cryptocurrency purchases using your credit card. It's important to review your credit card terms and conditions or contact Capital One directly to understand the specific limitations and fees associated with buying crypto with your Capital One credit card.
  • avatarDec 27, 2021 · 3 years ago
    Purchasing cryptocurrency with a Capital One credit card may come with limitations and fees. It's advisable to check with Capital One to see if they treat crypto purchases as cash advances, as this could incur additional fees. Additionally, there may be a spending limit on crypto purchases using your credit card. Make sure to review your credit card terms and conditions or reach out to Capital One for more information on the limitations and fees involved in buying crypto with your Capital One credit card.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand the concerns regarding limitations and fees when buying crypto with a Capital One credit card. It's important to note that each credit card issuer may have different policies and fees associated with crypto purchases. To get accurate information about the limitations and fees imposed by Capital One, it's recommended to review your credit card terms and conditions or contact Capital One directly. This will ensure you have a clear understanding of the potential limitations and fees when using your Capital One credit card to buy crypto.