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Are there any fees or limits when using a credit card on CashApp to buy cryptocurrencies?

avatarKen W.Dec 16, 2021 · 3 years ago3 answers

I want to buy cryptocurrencies using a credit card on CashApp. Are there any fees or limits that I should be aware of?

Are there any fees or limits when using a credit card on CashApp to buy cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When using a credit card on CashApp to buy cryptocurrencies, there may be fees and limits imposed by CashApp or your credit card provider. It's important to check the terms and conditions of both CashApp and your credit card to understand the specific fees and limits that may apply. Some credit card providers may charge a cash advance fee for cryptocurrency purchases, while others may have limits on the amount you can spend in a single transaction or within a certain time period. Additionally, CashApp may have its own fees and limits for buying cryptocurrencies. It's recommended to review the fees and limits before making a purchase to avoid any surprises.
  • avatarDec 16, 2021 · 3 years ago
    Buying cryptocurrencies with a credit card on CashApp can come with fees and limits. The fees and limits can vary depending on the credit card provider and CashApp's policies. Some credit card providers may charge a higher interest rate for cash advances, which can include cryptocurrency purchases. Additionally, there may be limits on the amount you can spend in a single transaction or within a certain time period. It's important to review the terms and conditions of both CashApp and your credit card to understand the specific fees and limits that may apply. This will help you make an informed decision before buying cryptocurrencies with a credit card on CashApp.
  • avatarDec 16, 2021 · 3 years ago
    When using a credit card on CashApp to buy cryptocurrencies, it's important to be aware of any fees or limits that may apply. While I can't speak specifically for CashApp, I can provide some general information. Credit card providers may charge a cash advance fee for cryptocurrency purchases, and there may be limits on the amount you can spend in a single transaction or within a certain time period. It's recommended to review the terms and conditions of both CashApp and your credit card to understand the specific fees and limits that may apply. This will help you make an informed decision and avoid any unexpected fees or limits.