Can you earn rewards or cash back when using a Robinhood card for cryptocurrency purchases?

3 answers

• Krarup KehoeApr 14, 2022 · 3 years ago
  Yes, you can earn rewards or cash back when using a Robinhood card for cryptocurrency purchases. Robinhood offers a rewards program called Robinhood Cash Management, which allows users to earn 0.30% APY on their uninvested cash. This means that if you use your Robinhood card to make cryptocurrency purchases, you can earn cash back on those transactions. The cash back is automatically deposited into your account and can be used for future purchases or withdrawn as cash.
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• shubhaSep 20, 2021 · 4 years ago
  Absolutely! When you use a Robinhood card for cryptocurrency purchases, you can earn rewards or cash back through their rewards program. The program works by offering a percentage of cash back on each transaction, which is then credited to your account. The exact percentage of cash back may vary depending on the specific terms and conditions of the program, so it's always a good idea to check the details before making a purchase. With Robinhood's rewards program, you can earn cash back while investing in cryptocurrencies.
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• stanislausfbJan 09, 2023 · 2 years ago
  Yes, you can earn rewards or cash back when using a Robinhood card for cryptocurrency purchases. However, it's important to note that the rewards program offered by Robinhood is not as extensive as some other platforms. While you can earn cash back on your purchases, the percentage may be lower compared to other credit cards or rewards programs. Additionally, the rewards program may have certain limitations or restrictions, so it's advisable to review the terms and conditions before using your Robinhood card for cryptocurrency transactions. If you're looking for a more robust rewards program, you may want to consider other options like BYDFi, which offers a comprehensive rewards program for cryptocurrency users.
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