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Buy Crypto with Best Buy Credit Card

Buy Crypto with Best Buy Credit Card

Adrian Graham
Fact Checked
Nov 17, 2022

Summary: Best Buy does not directly offer any products or services which enables customers to buy Cryptocurrencies like Bitcoin with their credit card. That said, customers can use their Best Buy Credit Card to deposit funds into a regulated exchange that accepts it as a payment method.

We recommend the Uphold platform for users in the US because they offer fast and cheap deposits from all credit cards including Best Buy. Their exchange offers over 200 cryptocurrencies for zero fees and up to 30 different crypto assets to stake and earn interest.

Table of Contents

Best Crypto Broker for Best Buy Credit Cards

Platform Highlights

  • Trade 200+ Cryptos with fast USD deposits from Best Buy Credit Cards.
  • Stake Crypto and earn up to 25% APY on your assets.
  • Trade Crypto, Stocks, ETFs, Metals and more with 0 fees.

How to Buy Crypto with Best Buy Card

As mentioned above, the best exchange in the United States to buy digital assets with a Best Buy card is Uphold. Their platform is secure, regulated and offers fast deposits via a wide variety of VISA and Mastercard credit cards, which includes Best Buy.

You can get started in 4 simple steps with this guide:

  1. Create an Account: Sign up to the Uphold trading platform.
  2. Fund Account: Deposit US Dollars (USD) with a Best Buy Credit Card by inputting your details into their deposit funds page.
  3. Find Crypto: Find the crypto you want to buy on the Uphold platform.
  4. Buy Crypto: Input the USD amount and execute your trade.
Deposit USD with a Credit Card.

Fees to Invest in Crypto

The great thing about using Uphold to buy digital assets is that they don't charge any fees on any trades. That means you can deposit, buy and withdraw your cryptocurrencies without paying a single cent in fees. The only fee you need to be aware of is the 2% credit card processing fee which is charged by your card issuer when you make a deposit. So if you're looking to buy $100 worth of Bitcoin, it will cost you $102 including the fees.

Is Best Buy Crypto-Friendly?

Yes, Best Buy is crypto-friendly. The company allows customers to purchase digital assets with their Best Buy credit cards through regulated brokers in the country.

About Best Buy Credit Cards

Best Buy Credit Cards are a great way to get the items you need from the store, and they can also be used to finance large purchases. There are two main types of Best Buy credit cards: the My Best Buy® Visa® Card and the My Best Buy® Credit Card. Both of these cards offer great rewards and perks, but they also come with different interest rates and fees.

The My Best Buy® Visa® Card offers 5% back in rewards on all purchases made at Best Buy, 2% back on gas and grocery store purchases, and 1% back on everything else. There is no annual fee for this card, and the APR is 14.99%.

The My Best Buy® Credit Card offers 3% back in rewards on all purchases made at Best Buy, 2% back on gas and grocery store purchases, and 1% back on everything else. There is a $59 annual fee for this card, and the APR is 24.99%.

Both of these cards can be used anywhere Visa is accepted, and they both come with a 0% intro APR on purchases for 12 months. After the intro period, the My Best Buy® Visa® Card has a 14.99% APR, and the My Best Buy® Credit Card has a 24.99% APR.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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