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What are the fees for cash back on a debit card with digital currencies?

avatarmuhammad ilyasshaikhDec 30, 2021 · 3 years ago3 answers

I would like to know the fees associated with cash back on a debit card that supports digital currencies. Can you provide me with details on the fees involved?

What are the fees for cash back on a debit card with digital currencies?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When it comes to cash back on a debit card with digital currencies, the fees can vary depending on the specific debit card provider and the terms and conditions they have in place. Some providers may charge a flat fee for each cash back transaction, while others may charge a percentage of the cash back amount. It's important to carefully review the terms and conditions of your debit card provider to understand the fees associated with cash back on digital currencies.
  • avatarDec 30, 2021 · 3 years ago
    The fees for cash back on a debit card with digital currencies can range from a few cents to a few dollars per transaction. It's important to note that these fees can vary depending on the specific debit card provider and the type of digital currencies involved. Some debit card providers may also have a minimum cash back amount requirement in order to qualify for cash back. It's recommended to check with your debit card provider for the exact fees and requirements for cash back on digital currencies.
  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we offer a debit card that supports digital currencies. The fees for cash back on our debit card are 1% of the cash back amount. This means that if you receive $100 cash back, the fee would be $1. We believe in providing transparent and competitive fees for our users. Please note that fees may vary for other debit card providers, so it's always a good idea to compare and choose the option that best suits your needs.