Get a creditcard without a bank - funded with Bitcoin

Chris!

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Quote from: sdp on July 29, 2016, 08:07:08 PM

Yes, you need to fund coinsbank first. So, it is not technically a credit card.

Does it behave like a credit card in the sense that you can buy things online with it? Or is it more of a debit card and it will be harder to find places that accept it? This sounds a lot like a Visa Debit or something very similar. A 16 digit debit card that can act as a credit card but comes from your bank account.

Positid

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BULL RUN until 2030

Quote from: isvicre on July 30, 2016, 05:36:06 AM

Quote from: mirakal on July 30, 2016, 01:28:19 AM

I really thought this was a credit card that we can make credit transactions and just pay the amortization on a monthly basis but upon reading the full information, I am quiet upset because this is just a debit card that you need to fund your account first before you can use it.

Good, iiving on credit is stupid anyway. If you want something save up for it and then buy it. This buy now pay later bullshit causes so many problems.

That's true, because of credit card we are tempted to buy things even if we cannot afford it base on our income. I have already experience that in my life and I still want to take credit card anyway because I have learn to control myself as I am interested in spending my money for investment with bitcoins only.

Anyway, going back to the topic, that is good that it was cleared that the OP is promoting a debit card and not a credit card.

zenitzz

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whether there is an annual fee that is charged when I apply for a credit card and can I use to verify paypal account??

isvicre

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Quote from: mirakal on July 30, 2016, 01:28:19 AM

I really thought this was a credit card that we can make credit transactions and just pay the amortization on a monthly basis but upon reading the full information, I am quiet upset because this is just a debit card that you need to fund your account first before you can use it.

Good, iiving on credit is stupid anyway. If you want something save up for it and then buy it. This buy now pay later bullshit causes so many problems.

Posum578

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What i want to know is, are they take any fees? if yes how much they are take?

BitcSeo

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Quote from: maydna on July 30, 2016, 02:35:08 AM

if the credit card can be used to verify or renewal CVV on paypal it would be great because my CVV is ended. but from your post, it can not be used for paypal so its not good.

@maydna, there are lot of VCC which are meant for verification of PP account. i suggest you search for these companies via google search engine.

The other companies who are providing these prepaid card are meant for cashing & exchange of bitcoins.
They are indirect competitor's to paypal.I'm not surprise if paypal block such prepaid card from using their platform.However, there are few of such prepaid card that permit verification of PP account and withdrawal.

Thank's
Bitcseo

maydna

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if the credit card can be used to verify or renewal CVV on paypal it would be great because my CVV is ended. but from your post, it can not be used for paypal so its not good.

ricku

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Is this a credit cards or debit cards, in the case of a credit cards the holder can spend some money from the card company to certain extent and pay back later but you can only spend what you deposit in the case of a debit card.

mirakal

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I really thought this was a credit card that we can make credit transactions and just pay the amortization on a monthly basis but upon reading the full information, I am quiet upset because this is just a debit card that you need to fund your account first before you can use it.

Positid

sr. member

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BULL RUN until 2030

I would try this one, how much do we need to fund with our account in coinsbank and how much is the credit limit of our credit card. Base on your experience can you tell us some important information that could help.

Cast12

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They don't even have a list of countries that the card can be operated in? How are we supposed to know where we can use it?

sdp

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I am going to try it in Argentina.

Tricyraton

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Does it work in all online shops in all countries or there are limits ?

sdp

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Yes, you need to fund coinsbank first. So, it is not technically a credit card.

Posum578

sr. member

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Do we need fund coinsbank account first before using that card? i think it nearly similiar debit card rather than credit card.

How about fee? how much coinsbank take fee?

Lionidas

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Well this would facilitate a lot of suspicious activity in the credit card for bitcoin world. Roll Eyes

sdp

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I have just tried it. Nope. Paypal puts up a big wall here. I'll have to wait for the next time I visit the North-Western world before I'll be able to recover my ten dollars I have in it.

Bestwishes745

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Can I verify my Paypal account with that credit card? paypal is not in my country so I need a credit card from a western country so that I verify my paypal account and convert my paypal balance to bitcoins.

sdp

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Well, in an indirect way. I got myself a virtual credit card in minutes at coinsbank.com.

Basically, you need to get an account at www.coinsbank.com. You fund your account for bitcoins. Apply for the credit card. I got this credit card number without a bank account.

You'll just need to copy the credit card number, expiry date, etc from the website.

Now, if you fund your coinsbank.com account, you can use this credit card to buy things where they still do not accept Bitcoin.

sdp

Topic: Get a creditcard without a bank - funded with Bitcoin (Read 809 times)