Can you Buy Crypto with an MBNA Card?
The short answer is yes. MBNA Credit Card holders can invest in digital assets by depositing Great British Pounds (GBP) into a Financial Conduct Authority licensed exchange that supports VISA deposits. This method is safe, legal and enables investors to buy cryptocurrencies with credit.
How to Buy Bitcoin or Crypto with MBNA
The easiest way to buy Bitcoin, Ethereum and other coins with an MBNA Card in the United Kingdom is with the eToro platform. They offer instant and cheap deposits with any VISA or Mastercard Credit Card to trade over 80 digital assets and over 8,000 stocks, ETFs, commodities and other assets.
You can get started in 4 simple steps:
- Step 1: Sign up to the eToro UK platform.
- Step 2: Select the 'Deposit Funds' button and 'Credit Card' as your payment method.
- Step 3: Input your MBNA Credit Card details and finalize your deposit.
- Step 4: Find the Crypto you want to buy on the platform and execute your trade.
Is MBNA Digital Asset Friendly?
Yes, MBNA is crypto-friendly and allows its customers to use credit cards to purchase cryptocurrencies. However, there are a few things to keep in mind when doing so. First, make sure that you are using a credit card that supports cryptocurrency purchases. Second, be aware that there may be fees associated with using your credit card to purchase cryptocurrencies.
Finally, keep in mind that the prices of cryptocurrencies are highly volatile and can rise and fall rapidly. If you are not comfortable with these risks, then you may want to consider other options for investing in cryptocurrencies.
MBNA is one of the leading credit card issuers in the United Kingdom with over £8 billion in managed assets and serving more than 7 million customers. MBNA offers a full range of credit card products for personal, business, and affinity markets including low rate, balance transfer, rewards, cash back, and student cards.
Headquartered in Wilmington, Delaware, MBNA has operations in the United States, Canada, Puerto Rico, and the United Kingdom. The company employs more than 4,000 people and offers a full range of credit card products for personal, business, and affinity markets. MBNA is a subsidiary of Bank of America Corporation (NYSE: BAC).