Bitcoin debit card

Demonata · 09-21-17, 11:36 AM

I've been using it for years

PaperTrail07 · 09-21-17, 11:51 AM

The BitPay card is a game changer....

A4K · 09-21-17, 12:48 PM

Originally posted by Demonata

I've been using it for years

Does the $10k annual limit ever slow you down?

rangerz2478 · 09-21-17, 01:18 PM

Originally posted by A4K

Does the $10k annual limit ever slow you down?

10k annual? You can keep more than that at once.

PaperTrail07 · 09-21-17, 01:20 PM

1 person can get MULTIPLE cards @ 10$ each FYI

Originally posted by A4K

Does the $10k annual limit ever slow you down?

PaperTrail07 · 09-21-17, 01:20 PM

They just require a diff e mail address

A4K · 09-21-17, 01:22 PM

Originally posted by rangerz2478

10k annual? You can keep more than that at once.

Misread the terms of use....
30 Transactions / Month
Up to $1,000 Daily and $10,000 Annually
1% applied to additional transactions

After $10k they charge you a 1% transaction fee. Still better than other methods.

5mike5 · 09-21-17, 01:38 PM

Pretty sure Those aren't the terms on card I just ordered

5mike5 · 09-21-17, 01:39 PM

Originally posted by A4K

Misread the terms of use....
30 Transactions / Month
Up to $1,000 Daily and $10,000 Annually
1% applied to additional transactions

After $10k they charge you a 1% transaction fee. Still better than other methods.

i didn't see this before I posted a min ago

rangerz2478 · 09-21-17, 02:52 PM

Originally posted by A4K

Misread the terms of use....
30 Transactions / Month
Up to $1,000 Daily and $10,000 Annually
1% applied to additional transactions

After $10k they charge you a 1% transaction fee. Still better than other methods.

Hmm, must be a new policy I hadn't experienced that fee in the past.

TheMoneyShot · 09-22-17, 12:00 PM

I don't know if this has been brought up or not???

I've probably sent BitPay 25 transactions to load the crd.

My question is this.... how many times have you sent Bitcoin to Bitpay... and the amount sent... took a huge drop off and Bitpay took the hit on it???

For example... let's say you sent them 1k... but by the time Bitpay received it.... that 1k sent was only worth $980? They still credited your acct with 1k on the crd but it was only worth $980?

24 out of 25 deposits made.... it was entirely automated.... and I never took the hit.

Still trying to figure out how 1 deposit I made to them.... it was actually recalculated.... and that was one of the fastest deposits every made... only took 14 minutes to confirm. I lost $8.00 on the conversion.

Just wondering if this works out for everyone??? Is Bitpay always taking the hit when the Bitcoin loses value? I think it's awesome.

oiisbr · 09-22-17, 12:24 PM

how do bitpay's fees compare to Monaco and TenX fees?

A4K · 09-22-17, 01:03 PM

Originally posted by oiisbr

how do bitpay's fees compare to Monaco and TenX fees?

Just a moment...

https://support.bitpay.com/hc/en-us/articles/115002990663-What-fees-will-I-pay-to-use-the-BitPay-Card-

mrpapageorgio · 09-22-17, 04:37 PM

Ok, couple questions:

1. You can load cash on this card and convert it to Bitcoin and send the Bitcoin to Blockchain, correct?

2. If yes, have you tried to load cash onto the card using Google Wallet or Square Cash?

I'm considering getting this card as a way to buy bitcoin quick by instantly transferring money through Google Wallet (if you haven't used it, you can instantly send money to someone using your bank's debit card to transfer money to the other's bank account using their debit card with Google being the intermediary). However, Google Wallet can be finicky on the debit cards they take. I have noticed they seem to work on debit cards you can reload, but they won't work on gift cards you can't reload (i.e. AMEX gift card).

Figured I could do (if feasible):

Deposit: Bank to BitPay (through Google Wallet), convert cash to Bitcoin, to Blockchain to Book
Withdraw: Book to Blockchain to BitPay, convert bitcoin to cash, Google Wallet BitPay to bank.

TheMoneyShot · 09-22-17, 04:49 PM

Originally posted by mrpapageorgio

Ok, couple questions:

1. You can load cash on this card and convert it to Bitcoin and send the Bitcoin to Blockchain, correct?

2. If yes, have you tried to load cash onto the card using Google Wallet or Square Cash?

I'm considering getting this card as a way to buy bitcoin quick by instantly transferring money through Google Wallet (if you haven't used it, you can instantly send money to someone using your bank's debit card to transfer money to the other's bank account using their debit card with Google being the intermediary). However, Google Wallet can be finicky on the debit cards they take. I have noticed they work on debit cards you can reload, but they won't work on gift cards you can't reload (i.e. AMEX gift card).

Figured I could do (if feasible):

Deposit: Bank to BitPay (through Google Wallet), convert cash to Bitcoin, to Blockchain to Book
Withdraw: Book to Blockchain to BitPay, convert bitcoin to cash, Google Wallet BitPay to bank.

It's Bitcoin to a prepaid type of crd (Bitcoin To Cash.) Just an easier method to get your cash when you win from a book... and you can spend it wherever CC's are accepted. No fees at all... Just make sure you swipe it somewhere once every 90 days. I think they start charging a $3 or $5 fee when you don't use it... (90 day rule)

mrpapageorgio · 09-22-17, 05:06 PM

Originally posted by TheMoneyShot

It's Bitcoin to a prepaid type of crd (Bitcoin To Cash.) Just an easier method to get your cash when you win from a book... and you can spend it wherever CC's are accepted. No fees at all... Just make sure you swipe it somewhere once every 90 days. I think they start charging a $3 or $5 fee when you don't use it... (90 day rule)

If it's only good for receiving Bitcoin to convert to cash, then it won't work for me. I use GDAX as my exchange and when cashing out, I usually have the money in my bank account in 1-2 business days depending on when I initiate the transfer. My only issue is finding an efficient way to obtain bitcoin quick since it takes 3-4 business days to ACH funds to them.

A4K · 09-22-17, 06:57 PM

Originally posted by mrpapageorgio

If it's only good for receiving Bitcoin to convert to cash, then it won't work for me. I use GDAX as my exchange and when cashing out, I usually have the money in my bank account in 1-2 business days depending on when I initiate the transfer. My only issue is finding an efficient way to obtain bitcoin quick since it takes 3-4 business days to ACH funds to them.

Order a card and try Google Wallet. Please update me on the results.

mrpapageorgio · 09-22-17, 07:24 PM

Originally posted by A4K

Order a card and try Google Wallet. Please update me on the results.

Can you convert the cash on the card into bitcoin though or is it only bitcoin to cash? If it's only bitcoin to cash, I have no use for it.

shocka1212 · 09-25-17, 12:20 PM

where do I get one of these, and do I have to give ssn info?

5mike5 · 09-25-17, 01:08 PM

Bitpay website

You have to give your ssn## , but u don't have to provide any documentation at all

5mike5 · 09-25-17, 01:09 PM

Originally posted by mrpapageorgio

Can you convert the cash on the card into bitcoin though or is it only bitcoin to cash? If it's only bitcoin to cash, I have no use for it.

bitcoin to cash only

Will love having to use my bank for anything

5mike5 · 09-25-17, 01:10 PM

Not having to use my bank***

5mike5 · 10-04-17, 03:18 PM

Ordered my card sept 21st and still waiting

Mr. Peepers · 10-04-17, 10:31 PM

What is better the Bitpay or Shift Card and why?

Optional · 10-05-17, 02:18 AM

Originally posted by Mr. Peepers

What is better the Bitpay or Shift Card and why?

We know the BitPay card is cheap, low fees, good exchange rate and reliable support.

Shift could be great too. But BitPay card almost seems too good to be true and we know it really is from the almost 18 months of user posts in this thread.

evo34 · 10-05-17, 03:29 AM

Both use the same issuing bank: Metropolitan Commercial.

hello1234567 · 10-05-17, 10:11 AM

Connecting Dwolla to a Shift card is similar to Bitpay card? Are you able to withdraw from a book directly to your Dwolla account and use the funds with the Shift card? I am looking for another alternative for the Bitpay card. I can not use Coinbase anymore therefore I had to use Dwolla.

5mike5 · 10-05-17, 10:46 PM

After not getting the card On the 9th business day I called and they said the card should be there tomorrow it was mailed the day after it was ordered.

Got an email just now from Bitpay that they ran out of stick and were delayed by 2 more weeks. So will be at least month waiting.

Pretty lame

5mike5 · 10-05-17, 10:47 PM

Ran out of stock ****

NardVa · 10-06-17, 09:34 PM

I ordered my Bitpay card on 9/20/17. Got an email on 10/5/17 saying that my card will be delayed another 2 weeks due to no cards in stock.

NardVa · 10-06-17, 09:38 PM

Originally posted by 5mike5

After not getting the card On the 9th business day I called and they said the card should be there tomorrow it was mailed the day after it was ordered.

Got an email just now from Bitpay that they ran out of stick and were delayed by 2 more weeks. So will be at least month waiting.

Pretty lame

The fact reps are telling people their card was mailed out when nothing was sent out is a little sketchy.

5mike5 · 10-07-17, 04:37 AM

Originally posted by NardVa

I ordered my Bitpay card on 9/20/17. Got an email on 10/5/17 saying that my card will be delayed another 2 weeks due to no cards in stock.

same exact thing here

they wait til the last business day to tell me something they could have told me over a week ago. And lied the call before that it was already mailed. Hopefully I get it by Xmas

sucks

5mike5 · 10-07-17, 04:53 PM

Well after all that non sense, I got my card in the mail today

took 15 days

cant wait to try it out

TheDempster · 10-07-17, 05:02 PM

soxwin1917 · 10-08-17, 09:36 AM

Originally posted by 5mike5

same exact thing here

they wait til the last business day to tell me something they could have told me over a week ago. And lied the call before that it was already mailed. Hopefully I get it by Xmas

sucks

You sounded like a whiny child here. In any case, glad you got your card. I just can't imagine how you'd react to a real problem if this is how you react to receiving a free card.