Can I earn rewards points when purchasing crypto with my Amex card?
SilberspechtJan 15, 2022 · 3 years ago5 answers
Is it possible to earn rewards points when I use my American Express card to purchase cryptocurrencies? I'm wondering if I can take advantage of the rewards program offered by Amex while investing in digital assets.
5 answers
- Jan 15, 2022 · 3 years agoAbsolutely! Many credit card companies, including American Express, offer rewards programs that allow you to earn points for every purchase you make. This includes purchases of cryptocurrencies. So, if you use your Amex card to buy crypto, you can earn rewards points just like you would for any other purchase.
- Jan 15, 2022 · 3 years agoYes, you can earn rewards points when you buy cryptocurrencies with your Amex card. American Express offers various rewards programs, and as long as your card is eligible for rewards, you'll earn points for your crypto purchases. It's a great way to maximize the benefits of your Amex card while investing in digital assets.
- Jan 15, 2022 · 3 years agoDefinitely! When you purchase cryptocurrencies with your American Express card, you can earn rewards points. However, it's important to note that the number of points you earn may vary depending on the specific rewards program associated with your Amex card. I recommend checking with Amex or referring to their terms and conditions to get the exact details.
- Jan 15, 2022 · 3 years agoYes, you can earn rewards points when buying crypto with your Amex card. It's a win-win situation where you can invest in digital assets while also enjoying the perks of your Amex rewards program. Just make sure to check the terms and conditions of your specific Amex card to understand the rewards structure for cryptocurrency purchases.
- Jan 15, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, allows you to earn rewards points when purchasing crypto with your Amex card. They have partnered with American Express to offer this unique benefit to their users. So, if you're looking for a platform that rewards you for using your Amex card to buy crypto, BYDFi is a great choice.
Related Tags
Hot Questions
- 94
How can I protect my digital assets from hackers?
- 92
What are the advantages of using cryptocurrency for online transactions?
- 72
How can I minimize my tax liability when dealing with cryptocurrencies?
- 66
What are the best digital currencies to invest in right now?
- 63
How can I buy Bitcoin with a credit card?
- 47
How does cryptocurrency affect my tax return?
- 47
Are there any special tax rules for crypto investors?
- 40
What are the best practices for reporting cryptocurrency on my taxes?