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

avatarLorentzen MoserDec 25, 2021 · 3 years ago3 answers

What are the restrictions or limitations that I need to be aware of when purchasing cryptocurrency using a Capital One credit card?

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

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When buying crypto with a Capital One credit card, there are a few restrictions and limitations to keep in mind. Firstly, Capital One may treat cryptocurrency purchases as cash advances, which can come with higher fees and interest rates compared to regular purchases. Additionally, Capital One may have a maximum limit on the amount of cryptocurrency you can purchase using their credit card. It's important to check with Capital One directly to understand their specific policies and any potential limitations.
  • avatarDec 25, 2021 · 3 years ago
    Buying crypto with a Capital One credit card can be convenient, but it's important to be aware of the restrictions and limitations. Some users have reported that Capital One may block or decline cryptocurrency purchases due to security concerns. It's recommended to contact Capital One before making any crypto purchases to ensure a smooth transaction.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to buying crypto with a Capital One credit card, BYDFi offers a seamless experience. There are no specific restrictions or limitations imposed by BYDFi when using a Capital One credit card to purchase cryptocurrency. However, it's always a good idea to check with your credit card provider, in this case, Capital One, to understand any potential restrictions or limitations they may have in place.