haikuginger wrote:Most of the reputable Bitcoin exchanges will let you fund your account with them directly from your checking account using either your routing and account number or via a wire transfer. Why is the step of going through Amex necessary?
Question is about payment with available credit on AE CC and not with bank account. A lot of exchangers, as you said, already accept bank account payment.
djrez4 wrote:Ok then. Take your Amex to any retail outlet that sells VGCs, purchase said VGCs, call for the PIN on the VGCs, and use the VGCs like debit cards to do whatever it is that your little heart desires.
My mistake, I forgot to add to my first post that I am looking for online purchasing. Doesn't need to be exactly bitcoin. Can be other ewallets too.
mrow wrote:I've used a service that'll let you buy bitcoins with a CC for 9 months or so. Not going to name it in case someone from Amex is following this thread. It's not a good way to manufacture spending though because they take a percentage of the total transaction, not just a fee. I only use it when I need bitcoins for whatever reason. Made a killing from it last fall when bitcoins fell to ~$100 each and sold them at ~$900 each.
There are few that accept CC but not AE (excluding Paypal that doesn't work for me). I would be very much willing to pay the % for transaction. I would even be willing to wait few hours so seller withdraws my payment before releasing funds of ewallet (or wu/mg) to me.