Get a credit card by Bitcoin

[LordSamuel]

Hey guys,

Is there any company or bank that offers a credit card by cryptocurrency or cash guarantee?
I can put for example $10,000 by cash or Bitcoin to get a $7000 credit card.

I don't want Prepaid or Debit card

[1714182249]

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[1714182249]

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[trapcoder666]

Lol, that's not how credit card works.

If you wan't to put in money, then it's prepaid or debit card or a vcc (virtual credit card)

Actual credit cards are issued by banks and they will evaluate your credit scores and then give you a spending amount.

[LordSamuel]

No, for example, some banks in USA block some of your money and give you a credit card.

[bitmover]

I think you can do that using advcash.com
It is a prepaid card which used to accept bitcoin, I don't know if they still do.

[LordSamuel]

That's a prepaid card, can't book a hotel or rent a card with it!
I need a credit card.

[trapcoder666]

That's a prepaid card, can't book a hotel or rent a card with it!
I need a credit card.

Most debit cards can be used for hotels and car rentals mate. Debit cards from banks definitely can be used for all those you mentioned.

[LordSamuel]

Unfortunately, my bank doesn't offer Money Order on Debit Cards!
Now I'm looking for a bank or company who can offer a credit card with cash or cryptocurrency blockage

[Thecryptofan911]

What he’s talking about is a secured credit card...

[djefes]

https://99bitcoins.com/bitcoin-debit-card/

Check this out. It is about debit cards but it might be helpful.

[BigBoy89]

Lol, that's not how credit card works.

If you wan't to put in money, then it's prepaid or debit card or a vcc (virtual credit card)

Actual credit cards are issued by banks and they will evaluate your credit scores and then give you a spending amount.

Nope,

In many countries, you could 'block' money in a savings account to get 60%-80% as a credit account/card.

That's a prepaid card, can't book a hotel or rent a card with it!
I need a credit card.

I don't know a single credit card option like this. Many companies are offering DEBIT Visa/MCs, but not Credit. You CAN rent a car or Hotel with a Debit card, those are NOT Prepaid.
Check Wirex for example. They have DEBIT EUR/US/GBP Visa's.

[apoorvlathey]

Because cryptocurrencies are not linked with a savings account, so it's not possible to have a service that provides credit based on your crypto coins.

Visa and Mastercards are universally accepted, so their Credit and Debit both types must work on a payment portal.
I recently tried coinsbee.com that offers a maximum of $100 prefilled debit cards.

I haven't seen a "credit" card in the crypto space before. And I see it difficult to see the classical financial banks to accept crypto for their credit cards.

[ZimmerJason]

Yes, chain has many of this kind exchange

[Kyraishi]

That's a prepaid card, can't book a hotel or rent a card with it!
I need a credit card.

There aren't any available options out there for credit cards with bitcoin/other crypto-currencies. It's a bad mix, you want to basically get lended money in an industry where KYC is often faked.

There might be a company out there that can offer you a fiat loan based on your crypto-currency if you want, look at ETHlend and nexo.

You are also able to pay for hotels/upfront sums using a debit card. You can't just 'rent' a car using a credit card, you can do it with a debit card but they need your ID and you'll need to pass a credit search.

[UserU]

https://99bitcoins.com/bitcoin-debit-card/

Check this out. It is about debit cards but it might be helpful.

Nice, finally spotted one provider which caters to my country.

[gentlemand]

That's a prepaid card, can't book a hotel or rent a card with it!
I need a credit card.

Most debit cards can be used for hotels and car rentals mate. Debit cards from banks definitely can be used for all those you mentioned.

I always pay for hotels with a debit card. That wouldn't work for car rentals in most places I've been. They don't know if a debit card has enough money to pay for their rapeage. With a credit card they can help themselves guaranteed.

I've never seen a card along these lines and I doubt there'll ever be one. I've never heard of a non Bitcoin prepaid/loaded credit card either.

It's worth checking the policies of individual car hire companies as some only want credit cards for higher tier vehicles. Even then they won't accept prepaid debit cards. They have to be bank and account issued debit cards.

[magneto]

Hey guys,

Is there any company or bank that offers a credit card by cryptocurrency or cash guarantee?
I can put for example $10,000 by cash or Bitcoin to get a $7000 credit card.

I don't want Prepaid or Debit card

I don't think that anyone offers that kind of service.

Credit cards are purely based off your credit, and there is no collateral required. You can probably get a $7k limit quite easily if you have a good credit score without even having to provide your $10k security.

Or, you can simply take out and refinance collateralised loans on bitcointalk. Although that would be p2p and will not involve any fiat.

[1Referee]

When you search in google crypto credit card , there are projects that do provide credit cards thru real card visa , or via mobile app that will give you credit line depending on your deposits .

May I know what these crypto credit card projects are? As far as I know there are only services offering crypto related debit cards, where it's more than arguable that it has anything to do with crypto at all because the actual payment is still settled through a legacy financial institution.

I never liked debit cards offered by crypto related services at all because there is centralization upon centralization that you are dealing with. I rather just go with an actual bank that knows how to offer such financial services, and they mostly come at lower fee too. The fee some of these crypto services charge for an ATM withdrawal are insane.

[Kyraishi]

That's a prepaid card, can't book a hotel or rent a card with it!
I need a credit card.

Most debit cards can be used for hotels and car rentals mate. Debit cards from banks definitely can be used for all those you mentioned.

I always pay for hotels with a debit card. That wouldn't work for car rentals in most places I've been. They don't know if a debit card has enough money to pay for their rapeage. With a credit card they can help themselves guaranteed.

You should always be able to pay for most services with a debit card, shouldn't you? As long as there is enough money in the account to allow the transaction to be processed, I'm sure it'll be easier for them to take money out of a debit card. With places that need you to rent a car, the problem isn't with the card - it's usually with your credit score and that needs to be checked and noted so down you can't just run off with a lambo while you make 50k a year.

Just look into getting a loan OP, or get a virtual card provider. Don't think there are any services you are talking about.