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PSA: Check the agreement of your crypto Visa cards

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by COINS NEWS 92 Views

If you remember during this last bull market lots of exchanges started offering their own Visa cards. Well, it's been over a year now and if you're like me you haven't been using them during the bear market, if you have any at all.

If that's you I'm telling you now to check your card agreement. I had the crypto.com card for convenient on and off ramping, and I haven't used it in about a year now. Your card may have an inactivity fee associated with it, crypto.com will charge you ~$6/mo until the card is used again and I'm sure other cards may have something similar. It's not much but that's a 10pc nugget these days, so I'd rather have some extra nugs than get charged for nothing.

So if you haven't used one of those cards in over a year now, do a little transaction or cancel the card to avoid those monthly fees.

Edit: u/WaterAndBananas found Coinbase does not have an inactivity fee. So y'all are safe. Link to Comment

submitted by /u/Mefilius
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