facebookCan I use credit cards for fund transfer to online brokers or robo advisor to earn rewards like cashback or miles? - Seedly

Anonymous

01 Apr 2021

General Investing

Can I use credit cards for fund transfer to online brokers or robo advisor to earn rewards like cashback or miles?

Is it considered a qualifying spend?

Discussion (1)

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thefrugalstudent

01 Apr 2021

Founder at thefrugalstudent.com

Hi Anon,

No, it's not considered as a qualifying spend, otherwise it would be possible to unlimitedly earn rewards by funding your account and withdrawing it haha.

Hope this helps!

Regards,

thefrugalstudent

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