Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: bambam on February 01, 2018, 12:19:23 PM

Title: Digital currency purchase will be considered as cash advances by many banks
Post by: bambam on February 01, 2018, 12:19:23 PM

A statement from coinbase i found

Quote

Many credit card companies will start processing purchases of crypto from Coinbase as CASH ADVANCES vs purchases. Meaning a Cash Advance Fee and/or a higher APR.

(https://scontent-frt3-2.xx.fbcdn.net/v/t1.0-9/27545652_10155135772460779_5194849593801724899_n.jpg?oh=7e7497a91da5785f6472443d3fe5ec2b&oe=5B222DD2)