What are the charges for international transactions with the Robinhood debit card when buying cryptocurrencies?
Guillermo LopezDec 25, 2021 · 3 years ago3 answers
I would like to know the fees associated with using the Robinhood debit card for international transactions when purchasing cryptocurrencies. Can you provide detailed information on the charges that may apply?
3 answers
- Dec 25, 2021 · 3 years agoWhen using the Robinhood debit card for international transactions to buy cryptocurrencies, there are a few charges to consider. First, there may be a foreign transaction fee imposed by your bank or card issuer. This fee is typically a percentage of the transaction amount and can vary depending on the specific terms of your card. Additionally, Robinhood may charge a fee for converting your currency to cryptocurrencies. This fee is usually a small percentage of the transaction amount and is applied to cover the costs associated with the conversion process. It's important to review the terms and conditions of your Robinhood debit card and consult with your bank or card issuer to understand the exact fees that may apply.
- Dec 25, 2021 · 3 years agoWhen you use the Robinhood debit card to buy cryptocurrencies internationally, you may encounter some charges. Your bank or card issuer might impose a foreign transaction fee, which is a percentage of the transaction amount. The specific fee depends on your card's terms and conditions. Additionally, Robinhood may charge a fee for converting your currency to cryptocurrencies. This fee is usually a small percentage of the transaction amount and is used to cover the costs of the conversion process. Make sure to read the fine print of your Robinhood debit card and consult with your bank or card issuer to get a clear understanding of the fees involved.
- Dec 25, 2021 · 3 years agoWhen it comes to international transactions with the Robinhood debit card for buying cryptocurrencies, there are a few charges to be aware of. Your bank or card issuer may charge a foreign transaction fee, which is a percentage of the transaction amount. This fee varies depending on your card's terms and conditions. Additionally, Robinhood may apply a fee for converting your currency to cryptocurrencies. This fee is typically a small percentage of the transaction amount and is used to cover the costs associated with the conversion process. It's important to review the terms and conditions of your Robinhood debit card and consult with your bank or card issuer to understand the specific charges that may apply.
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