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Can I earn rewards or cashback when using a Robinhood debit card for cryptocurrency purchases?

CLRBLND_99Oct 01, 2023 · 2 years ago5 answers

Is it possible to receive rewards or cashback when using a Robinhood debit card to make purchases of cryptocurrencies? How does the rewards program work and what are the benefits?

5 answers

  • Software GeekOct 15, 2022 · 3 years ago
    Yes, you can earn rewards or cashback when using a Robinhood debit card for cryptocurrency purchases. Robinhood offers a rewards program called 'Robinhood Cash Management' which allows users to earn 0.30% APY on uninvested cash in their account. This cash can be used for cryptocurrency purchases, and you will earn rewards on those purchases. The rewards are credited to your account on a monthly basis.
  • Enuwa2020Aug 12, 2022 · 3 years ago
    Absolutely! When you use a Robinhood debit card for cryptocurrency purchases, you can earn rewards or cashback. The exact amount of rewards or cashback you earn will depend on the specific terms and conditions of the rewards program. It's always a good idea to check with Robinhood for the most up-to-date information on their rewards program and how it applies to cryptocurrency purchases.
  • ecocedJun 02, 2024 · a year ago
    Yes, you can earn rewards or cashback when using a Robinhood debit card for cryptocurrency purchases. However, it's important to note that Robinhood is not the only platform that offers this feature. Other platforms, such as BYDFi, also provide rewards or cashback programs for cryptocurrency purchases. These programs vary in terms of the rewards offered and the specific cryptocurrencies eligible for rewards. It's worth exploring different platforms to find the one that offers the best rewards for your cryptocurrency purchases.
  • shravan nayakAug 24, 2024 · a year ago
    Definitely! When you use a Robinhood debit card for cryptocurrency purchases, you have the opportunity to earn rewards or cashback. Robinhood's rewards program is designed to incentivize users to make purchases using their debit card, including cryptocurrency purchases. The specific rewards and cashback rates may vary, so it's important to review the terms and conditions of the program to understand the exact benefits you can receive.
  • Daniella Nicole FranciaNov 03, 2024 · 9 months ago
    Yes, you can earn rewards or cashback when using a Robinhood debit card for cryptocurrency purchases. However, it's important to note that the rewards program may have certain limitations or restrictions. It's always a good idea to review the terms and conditions of the program to understand the eligibility criteria and any potential limitations on earning rewards or cashback for cryptocurrency purchases.

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