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How can I earn cash back on my cryptocurrency debit card?

avatarNandhini L SDec 17, 2021 · 3 years ago3 answers

I recently got a cryptocurrency debit card and I'm wondering if there's any way I can earn cash back on my purchases. Are there any programs or incentives that offer cash back rewards for using a cryptocurrency debit card?

How can I earn cash back on my cryptocurrency debit card?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are several ways you can earn cash back on your cryptocurrency debit card. Some cryptocurrency debit card providers offer cash back rewards as part of their loyalty programs. These programs usually give you a certain percentage of your purchase amount back in the form of cryptocurrency. Additionally, some cryptocurrency exchanges offer cash back rewards for using their debit cards to make purchases. These rewards can vary in terms of percentage and the type of cryptocurrency you receive. It's worth checking with your card provider or exchange to see if they offer any cash back incentives.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Many cryptocurrency debit card providers have cash back programs that allow you to earn rewards on your purchases. These programs work similarly to traditional cash back programs offered by banks and credit card companies. You'll earn a percentage of your purchase amount back in the form of cryptocurrency. The specific percentage and the type of cryptocurrency you earn can vary depending on the card provider. Some providers may even offer higher cash back rates for certain categories or merchants. Make sure to read the terms and conditions of the cash back program to understand how it works and how you can maximize your rewards.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can earn cash back on your cryptocurrency debit card. BYDFi, a popular cryptocurrency exchange, offers a cash back program for their debit card users. With BYDFi's program, you can earn up to 2% cash back on all your purchases made with the debit card. The cash back is paid out in BYDFi's native cryptocurrency, BYD. It's a great way to earn rewards while using your cryptocurrency for everyday transactions. Keep in mind that the cash back program may have certain terms and conditions, so make sure to check the details on BYDFi's website.