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Can I earn any rewards or cashback when using a Robinhood debit card for cryptocurrency purchases?

avatarloser_555Dec 26, 2021 · 3 years ago3 answers

Is it possible to earn any rewards or cashback when using a Robinhood debit card for purchasing cryptocurrencies? I'm curious if there are any incentives or benefits for using the Robinhood debit card specifically for cryptocurrency transactions.

Can I earn any rewards or cashback when using a Robinhood debit card for cryptocurrency purchases?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, as of now, Robinhood does not offer any rewards or cashback specifically for cryptocurrency purchases made with their debit card. The debit card is primarily designed for general spending and does not have any specific cryptocurrency-related benefits. However, Robinhood may introduce such rewards or cashback programs in the future, so it's worth keeping an eye out for any updates from them.
  • avatarDec 26, 2021 · 3 years ago
    No, currently there are no rewards or cashback programs available for using a Robinhood debit card for cryptocurrency purchases. The debit card is mainly focused on providing a convenient way to spend money from your Robinhood account, but it does not offer any additional incentives for cryptocurrency transactions. However, Robinhood frequently updates its features and offerings, so it's possible that they may introduce rewards or cashback programs for cryptocurrency purchases in the future.
  • avatarDec 26, 2021 · 3 years ago
    While Robinhood does not currently offer any rewards or cashback for cryptocurrency purchases made with their debit card, there are other platforms that provide such benefits. For example, BYDFi, a popular cryptocurrency exchange, offers a debit card that allows users to earn rewards and cashback on their cryptocurrency purchases. With BYDFi's debit card, you can earn a percentage of your spending back in the form of rewards or cashback. It's important to explore different options and compare the benefits offered by various platforms before making a decision on which debit card to use for your cryptocurrency purchases.