What fees are associated with using the Coinbase debit card?
Sneha TandonDec 30, 2021 · 3 years ago3 answers
Can you please provide a detailed description of the fees associated with using the Coinbase debit card? I would like to know about any transaction fees, ATM withdrawal fees, foreign transaction fees, and any other fees that may be applicable.
3 answers
- Dec 30, 2021 · 3 years agoSure! When using the Coinbase debit card, there are a few fees to be aware of. Firstly, there is a transaction fee of 2.49% for every purchase made with the card. This fee is deducted from the total amount of the transaction. Additionally, if you use the card to withdraw cash from an ATM, there is a $2.50 fee per withdrawal. It's important to note that this fee is in addition to any fees charged by the ATM operator. Lastly, if you use the card for transactions in a currency other than USD, there is a foreign transaction fee of 3% of the transaction amount. Overall, while the Coinbase debit card offers convenience and accessibility, it's important to consider these fees before using the card.
- Dec 30, 2021 · 3 years agoThe fees associated with using the Coinbase debit card include a transaction fee of 2.49% for purchases, a $2.50 fee per ATM withdrawal, and a 3% foreign transaction fee for transactions in currencies other than USD. These fees are important to keep in mind when using the card to avoid any surprises on your statement. However, despite these fees, the Coinbase debit card offers a convenient way to spend your cryptocurrency holdings in everyday transactions.
- Dec 30, 2021 · 3 years agoUsing the Coinbase debit card comes with a few fees. For each purchase made with the card, there is a transaction fee of 2.49%. This fee is deducted from the total amount of the transaction. If you need to withdraw cash from an ATM using the card, there is a $2.50 fee per withdrawal. It's worth noting that this fee is in addition to any fees charged by the ATM operator. Lastly, if you use the card for transactions in a currency other than USD, there is a foreign transaction fee of 3% of the transaction amount. These fees are important to consider when deciding whether to use the Coinbase debit card for your cryptocurrency transactions.
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