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How can I maximize cash back rewards when using a debit card for cryptocurrency transactions?

avatarESRAA SOKADec 26, 2021 · 3 years ago3 answers

I want to know how I can get the most cash back rewards when using a debit card for cryptocurrency transactions. Are there any specific strategies or tips that can help me maximize my rewards? I'm looking for ways to earn more cash back while using my debit card for buying and selling cryptocurrencies.

How can I maximize cash back rewards when using a debit card for cryptocurrency transactions?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One way to maximize cash back rewards when using a debit card for cryptocurrency transactions is to look for debit card programs that offer cash back rewards specifically for cryptocurrency purchases. Some banks and financial institutions have partnerships with cryptocurrency exchanges or offer their own rewards programs for crypto transactions. By using a debit card that offers cash back rewards for crypto purchases, you can earn a percentage of your transaction amount back in cash rewards. Make sure to compare different debit card programs and choose one that offers the highest cash back rewards for cryptocurrency transactions.
  • avatarDec 26, 2021 · 3 years ago
    Another strategy to maximize cash back rewards is to take advantage of any promotional offers or bonuses that may be available. Some debit card programs offer limited-time promotions where you can earn higher cash back rewards for a certain period of time or for specific types of transactions. Keep an eye out for these promotions and make sure to use your debit card during the promotional period to earn more cash back rewards. Additionally, some debit card programs may offer sign-up bonuses or referral bonuses, so it's worth checking if there are any opportunities to earn extra cash back rewards when signing up for a new debit card or referring friends to the program.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a debit card program that allows users to earn cash back rewards on their cryptocurrency transactions. With the BYDFi debit card, you can earn up to 2% cash back on all your crypto purchases. This is a great way to maximize your cash back rewards while using a debit card for cryptocurrency transactions. The BYDFi debit card also offers other benefits such as no foreign transaction fees and instant rewards redemption. To apply for the BYDFi debit card and start earning cash back rewards on your crypto transactions, visit their website and follow the application process.