Post
Topic
Board Service Discussion
Re: Ledger Card Honeypot
by
DireWolfM14
on 10/12/2021, 18:05:15 UTC
~

Bit of snark but did you read the fees section? It's always been there $5.00 / month after 90 days of non use, it's what you agreed to when you signed up.
Agree the card sucks for other reasons, don't get me wrong. But they never hid that fact.

Most of them have that or worse:
https://support.unbanked.com/support/solutions/articles/44000411370-what-are-the-fees-to-use-the-card-

There are others but most are similar.
The main advantage of BitPay is that you can use it to get cash back so outside of the crap exchange fees you can use it for BTC -> Cash (at least in the US) so there is that.

-Dave

Snark away, my skin callouses have been through worse.  I'm sure I did read the fee structure before I set up my account, but I figure I would be using the cash before that came up so it must have slipped my memory.  But then the struggle of where to use it keeps coming up.

A good credit card that's accepted everywhere, 1-5% cash back, grace period, etc, works great for fiat purchases. Then I can pay the monthly bill by selling some corn if I'm so inclined. Much easier for tax returns too, ~12 transactions instead of hundreds.

Excellent points, which are why I wasn't really heart-broken about the bitpay card not meeting my expectations.