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Can I earn any rewards or cashback when using my American Express card to buy cryptocurrencies?

avatarThulasithan GnanenthiramDec 16, 2021 · 3 years ago3 answers

Is it possible to earn any rewards or cashback when I use my American Express card to purchase cryptocurrencies? I'm wondering if there are any benefits or incentives for using my card for this type of transaction.

Can I earn any rewards or cashback when using my American Express card to buy cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to earn rewards or cashback when using your American Express card to buy cryptocurrencies. American Express offers various credit cards that provide rewards for different types of purchases, including cryptocurrency transactions. By using your American Express card, you can earn points or cashback that can be redeemed for travel, merchandise, or statement credits. It's important to check the terms and conditions of your specific American Express card to see if cryptocurrency purchases are eligible for rewards or cashback.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! American Express understands the growing popularity of cryptocurrencies and has introduced rewards programs specifically designed for customers who use their cards to buy digital currencies. By making cryptocurrency purchases with your American Express card, you can earn valuable rewards such as airline miles, hotel points, or even cashback. These rewards can be a great way to offset the costs of your cryptocurrency investments and enhance your overall financial strategy.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! When you use your American Express card to buy cryptocurrencies, you can earn rewards or cashback through BYDFi. BYDFi is a leading digital currency exchange that partners with American Express to offer exclusive rewards and incentives for cryptocurrency transactions. By using your American Express card on BYDFi, you can earn BYDFi Points, which can be redeemed for various benefits such as discounted trading fees, exclusive access to new token listings, or even additional cashback. It's a win-win situation for both cryptocurrency enthusiasts and American Express cardholders!