Crypto.com began charging fees on top-ups

in Crypto & Coffee2 years ago

Happy Monday everyone

I received a very unpleasant email from Crypto.com

On 4th of July (which is today) they are adding a 1% fee for each time costumers top-up their Visa card. It is quite annoying especially for Ruby tier users (myself included) who only receive 1% cashback rewards on purchases with said card. It makes the whole cashback concept useless. If you are a user with Ruby card like me and are using Spotify subscription to get 100% cashback than it might still be worth your while (I don't use it so not for me).

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SEPA transfer are luckily still free, but it is still a huge drawback due to the extra steps you have to take to make a deposit and the long wait time for the funds to arrive (up to 3 business days). I will still continue to use the card for the time being but I am looking for alternatives with either better cashback of zero fees (preferably both). Overall I am bullish on CRO and will keep hodling, just need to weather this storm of a bear market and off to the moon we go.

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None of what you read here is financial advice, just sharing my own opinions that's all. If you seek financial advice please contact a professional to help you out.

If you like my content fell free to follow me and have a great rest of the day :)

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In that case, I don't see the advantage of using it.