Bitcoin Forum

I am being charged 3.99% while using a U.S. bank account. Shouldn't it be 1.49%?
What is after waiver?
USA

Base rate of 4% for all transactions**
Payment Method for Purchase    Effective Rate of Conversion Fee (after waiver)
U.S. Bank Account    1.49%, with a $0.15 minimum
Coinbase USD Wallet    1.49%
Credit/Debit Card    3.99%
 
Payout Method for Sale    Effective Rate of Conversion Fee (after waiver)
U.S. Bank Account    1.49%, with a $0.15 minimum
Coinbase USD Wallet    1.49%
PayPal    3.99%

BUt why are you using coinbase? there are others exchanges that are cheaper than this to buy Bitcoin and other crypto for FIAT (Kraken, TheRockTrading, Bitstamp for examples)..

coinbase fees are really high .you must use different wallet .coinpayment is good one.
or yse offline wallet :)

Probably because Coinbase is the easiest to use for him.

The 'After Waiver' portion that you're asking about is something that is at Coinbases discretion based on what you pick, so if you did pick your bank account they should have went ahead and gave you the cheaper rate (as that is the rate that they agreed to do)

Though if you do go ahead and ask them what's going on, they're going to take some time to respond due to the number of people that are trying to get in touch with them now.

No idea what after waiver means.

But did you attach a debit card/credit card that is linked to a US bank account? If thats true then they probably still are counting you as a debit/credit card customer and charging you with the fees(3.99%). Or, it could just be that the fee schedule is outdated and now everything is just charged at a flat 3.99%. I don't know because i haven't used coinbase since June, because their support is trash.

You could probably get a response from support, if they do reply to you. So try opening a ticket or something.