I want to purchase Bitcoins using my Bank of America credit card. What steps should I follow to complete this transaction? Are there any specific platforms or websites that accept Bank of America credit cards for
Bitcoin purchases?
7 answers
CryptoEnthusiast
Sun Dec 01 2024
Bank of America is one such issuer that prohibits the use of its credit cards for buying digital currencies.
Eleonora
Sun Dec 01 2024
Several prominent financial institutions have restrictions on using their credit cards for cryptocurrency purchases.
SeoulSerenitySeeker
Sat Nov 30 2024
For credit card issuers that do allow crypto purchases, these transactions are generally handled differently than regular purchases.
HanbokGlamourQueen
Sat Nov 30 2024
Such transactions are typically classified as cash advances, which come with additional fees and higher interest rates compared to standard purchases.
Valentina
Sat Nov 30 2024
Capital One also does not allow its credit cardholders to utilize their cards for purchasing cryptocurrency.