Can I earn rewards or cashback when using a credit card to deposit funds on Robinhood for buying cryptocurrencies?

3 answers

• Mar 22, 2022 · 3 years ago
  Yes, it is possible to earn rewards or cashback when you use a credit card to deposit funds on Robinhood for buying cryptocurrencies. Many credit card companies offer rewards programs that provide cashback or points for every purchase made using their credit cards. However, it is important to check with your credit card provider to confirm if cryptocurrency purchases are eligible for rewards or cashback. Some credit card companies may exclude cryptocurrency transactions from their rewards programs due to the volatile nature of the cryptocurrency market.
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• Mar 22, 2022 · 3 years ago
  Absolutely! You can earn rewards or cashback when you use a credit card to deposit funds on Robinhood for buying cryptocurrencies. Many credit card companies have partnerships with various merchants, including cryptocurrency exchanges, and offer rewards or cashback for purchases made through these merchants. However, it is advisable to check the terms and conditions of your credit card rewards program to ensure that cryptocurrency transactions are eligible for rewards or cashback. Additionally, keep in mind that rewards or cashback rates may vary depending on the credit card and the specific rewards program.
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• Mar 22, 2022 · 3 years ago
  Yes, you can earn rewards or cashback when you use a credit card to deposit funds on Robinhood for buying cryptocurrencies. However, it is important to note that the availability of rewards or cashback may vary depending on the credit card issuer and the specific rewards program. Some credit card companies may exclude cryptocurrency transactions from their rewards programs due to the higher risk associated with cryptocurrencies. It is recommended to review the terms and conditions of your credit card rewards program or contact your credit card issuer directly to determine if cryptocurrency purchases are eligible for rewards or cashback.
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