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Can I earn rewards or points when buying cryptocurrency with American Express?

avatarRudra PNov 24, 2021 · 3 years ago3 answers

Is it possible to earn rewards or points when purchasing cryptocurrency using American Express? I am wondering if I can take advantage of any rewards programs or loyalty points while buying digital currencies with my American Express card. Are there any specific terms or conditions that I should be aware of? How can I maximize my rewards or points when buying cryptocurrency with American Express?

Can I earn rewards or points when buying cryptocurrency with American Express?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Yes, it is possible to earn rewards or points when buying cryptocurrency with American Express. Some credit cards offer rewards programs that allow you to earn points or cash back on your purchases, including cryptocurrency transactions. However, it is important to check the terms and conditions of your specific credit card to see if cryptocurrency purchases are eligible for rewards. Additionally, keep in mind that rewards programs may have certain limitations or restrictions, such as a maximum limit on the amount of rewards you can earn or specific categories of purchases that are excluded from earning rewards.
  • avatarNov 24, 2021 · 3 years ago
    Absolutely! Many credit cards, including American Express, offer rewards or points for purchases made with their cards. This includes buying cryptocurrency. By using your American Express card to purchase digital currencies, you can earn rewards or points that can be redeemed for various benefits, such as travel rewards, statement credits, or merchandise. Just make sure to check the terms and conditions of your credit card to understand the specific rewards program and any limitations or exclusions that may apply.
  • avatarNov 24, 2021 · 3 years ago
    Yes, you can earn rewards or points when buying cryptocurrency with American Express. For example, BYDFi, a popular cryptocurrency exchange, offers a rewards program where users can earn points for every cryptocurrency purchase made with their American Express card. These points can be redeemed for various benefits, such as discounted trading fees or exclusive access to certain features. To maximize your rewards, make sure to sign up for the rewards program and use your American Express card for cryptocurrency purchases on BYDFi.