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How can I maximize my credit card rewards for purchasing cryptocurrency?

avatarNick JojoDec 30, 2021 · 3 years ago4 answers

I want to know the best strategies for maximizing my credit card rewards when purchasing cryptocurrency. How can I earn the most rewards and take advantage of any special offers or promotions?

How can I maximize my credit card rewards for purchasing cryptocurrency?

4 answers

  • avatarDec 30, 2021 · 3 years ago
    One way to maximize your credit card rewards for purchasing cryptocurrency is to look for credit cards that offer bonus rewards for spending in the cryptocurrency category. Some credit cards offer higher rewards rates for purchases made at cryptocurrency exchanges or for buying digital currencies. Make sure to read the terms and conditions of the credit card rewards program to understand any restrictions or limitations.
  • avatarDec 30, 2021 · 3 years ago
    Another strategy is to use a credit card that offers a high flat-rate rewards rate on all purchases. This way, you can earn a consistent amount of rewards on your cryptocurrency purchases, regardless of the category. Look for credit cards that offer 2% or more in rewards on all spending.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a credit card that allows you to earn rewards specifically for purchasing cryptocurrency. With the BYDFi credit card, you can earn bonus rewards on all cryptocurrency purchases, as well as enjoy other benefits such as no foreign transaction fees. It's a great option for maximizing your credit card rewards in the cryptocurrency space.
  • avatarDec 30, 2021 · 3 years ago
    If you're looking to maximize your credit card rewards for purchasing cryptocurrency, consider using a credit card with a sign-up bonus. Many credit cards offer a large number of bonus points or cash back when you spend a certain amount within the first few months of account opening. This can be a great way to earn a significant amount of rewards on your cryptocurrency purchases.