What are some tips for minimizing international fees when using a fidelity debit card for digital currency transactions?

3 answers

• Nov 24, 2021 · 3 years ago
  One tip for minimizing international fees when using a fidelity debit card for digital currency transactions is to consider using a digital currency exchange that offers lower fees for international transactions. Some exchanges may have partnerships with certain banks or payment processors that allow for reduced fees when using their debit cards. It's worth researching different exchanges and comparing their fee structures to find the most cost-effective option for your transactions. Additionally, you can also consider using a debit card that is specifically designed for international use, as these cards often have lower fees and better exchange rates compared to traditional debit cards.
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• Nov 24, 2021 · 3 years ago
  Another tip is to be mindful of the currency conversion rates when making digital currency transactions with a fidelity debit card. Some banks or payment processors may offer better exchange rates compared to others. It's recommended to compare the rates offered by different providers and choose the one that offers the most favorable rates. Additionally, you can also consider converting a larger amount of digital currency at once to minimize the number of transactions and associated fees.
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• Nov 24, 2021 · 3 years ago
  At BYDFi, we recommend considering using a fidelity debit card that offers rewards or cashback on international transactions. Some debit cards may offer incentives such as cashback or reward points for every transaction made, which can help offset the international fees. It's important to read the terms and conditions of the debit card and understand the rewards program to maximize the benefits. Additionally, you can also explore other options such as prepaid debit cards or digital currency wallets that offer lower fees for international transactions.
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