Will my card issuer charge a fee when paying by credit or debit card?

From Bittylicious
Jump to navigation Jump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

In some rare cases, some issuing banks charge additional fees from customers who purchase bitcoin using a credit card, for example via Simplex' service. This is because some banks might see purchasing bitcoin as a "money order", a service that incurs additional fees when made with a credit card.

If you would like to know if a cash advance fee will apply to your purchase, you should contact your issuing bank directly beforehand; you can provide them with the code that describes our service: Merchant Category Code (MCC): 6051