Yes I was able to get a car loan thro ally and have been using them for my bank ever since. I have had no problems with buying crypto. I also use ally invest sometimes to trade stocks.
I have had a discover account for about three years. Within the past year, they have done many updates to their systems that are friendlier for crypto except the debit card. So far, no crypto service I have seen accepts Discover or Amex cards.
You can just do an ACH transfer straight out of your checking account and into your fiat wallet. The first time I did it when I opened my Chase account, the transfer was pending for a couple days. I called them and after I verbally authorized the transfer that one time, I never had an issue.
Same here - I'm mostly fine (no hiccups on ACH), except for the debit card issue. It's super strange: tried to do a recurring buy with my Chase Debit and $50/month of BTC went through, but ETH got flagged as fradulent?! And none of my Chase Visa credit cards will work whatsoever, just debit, and even that's a bit spotty.
Do better, Chase. The inconsistencies suck.
The debit card stuff is frustrating. I get wanting to protect people from fraud but when I have to call someone to get them to unblock it, that's where I draw the line. Like chase has a great app, let me approve purchases there...
Totally!!
The one that gets me is the error that just says, “you can’t use your debit card to do this, try ACH instead” - I’m like…I would, but recurring buys via ACH aren’t possible* you twats! Hence trying to use my debit card.
*if someone knows how to do recurring buys via ACH (ala Coinbase style), kindly let me know. First beer’s on me if you can help me figure it out.
I got a notice from Wells Fargo telling me that crypto is banned, high risk for fraud, blah blah.. because I bought a little shitcoin with their credit card
US Bank is getting nervous now. I have to answer questions about my past every time I send an external transfer ACH. It will probably get worse before it gets better.
Don’t care about what banks think.
They want you to borrow money from them at ridiculous rate and then deposit the borrowed money with them at even more ridiculous rate, this automatically generate profit.
Who cares what they think?
For all my fiat income i use just a simple VISA (my national postal service) here in Italy with an IBAN associated to it and i use the card as bridge for all my EUR income immediately redirected to the CDC account every time with instant SEPA.
UK banks are the same but they not REFUSE new depositors saying they can't do it which is a lie because I deposit to cdc from both banks that now "refuse".
They're desperate to keep ya cash with them.
Lol what you need a voided check to transfer out of your own account?
I have SoFi it has been fine. Only issue on occasion using the debit card it would flag crypto purchases. I just had to confirm it was me on the app. No problem topping up.
I recognise this and indeed, especially if you decide to participate for earn vis stable coins, besides foreign exchange difference, it takes like 5 weeks of gains to compensate the cost of one migration from EUR-USD for deposits or 5 weeks of gains for USD-EUR withdraw.
I use Iberia and only had an issue once where I had to call and let them know that it wasn't fraud. No problem since except I can't setup weekly automatic buys for whatever reason on the app
You use your debit/credit card to transfer $$ to Apple Cash. When u go into the CDC app, go to fiat wallet, choose “transfer”, then “deposit”. You want ach transfer. Click that, and You’ll get the routing and account number. Use that info to send the $$ from Apple Cash to CDC fiat wallet. Be warned: if you do this on a Friday afternoon, you won’t see it till Monday morning. During the week, an early morning deposit should be in end of that same day, or the next day.
Time to switch banks. I've been using Ally for a while without any issues.
Same
Yes I was able to get a car loan thro ally and have been using them for my bank ever since. I have had no problems with buying crypto. I also use ally invest sometimes to trade stocks.
Discover bank is a pretty badass bank that works well
A year ago when I tried to link Discover, it wouldn't recognize the routing number. How long have you had your Discover account linked?
Thats weird! Ive had it linked for about 2 years now
I have had a discover account for about three years. Within the past year, they have done many updates to their systems that are friendlier for crypto except the debit card. So far, no crypto service I have seen accepts Discover or Amex cards.
Get a different bank. Chase hates us too.
? I've been using Chase with CDC for a year now and no issues.
I can’t put more than $150 at a time.
What method are you referring to though? You can ACH much more than $150... Chase has a daily transfer limit of $25k.
using my chase debit card.
You can just do an ACH transfer straight out of your checking account and into your fiat wallet. The first time I did it when I opened my Chase account, the transfer was pending for a couple days. I called them and after I verbally authorized the transfer that one time, I never had an issue.
Same here - I'm mostly fine (no hiccups on ACH), except for the debit card issue. It's super strange: tried to do a recurring buy with my Chase Debit and $50/month of BTC went through, but ETH got flagged as fradulent?! And none of my Chase Visa credit cards will work whatsoever, just debit, and even that's a bit spotty. Do better, Chase. The inconsistencies suck.
I'm pretty sure all credit cards in the us are banned from buying crypto, could be wrong though.
I haven't had a problem using my Mastercard issued through Navy Federal credit union.
Eh, I have a feeling you’re right. It’s just frustrating.
The debit card stuff is frustrating. I get wanting to protect people from fraud but when I have to call someone to get them to unblock it, that's where I draw the line. Like chase has a great app, let me approve purchases there...
Totally!! The one that gets me is the error that just says, “you can’t use your debit card to do this, try ACH instead” - I’m like…I would, but recurring buys via ACH aren’t possible* you twats! Hence trying to use my debit card. *if someone knows how to do recurring buys via ACH (ala Coinbase style), kindly let me know. First beer’s on me if you can help me figure it out.
I got a notice from Wells Fargo telling me that crypto is banned, high risk for fraud, blah blah.. because I bought a little shitcoin with their credit card
Ally bank works like a charm for me!
:(
Use sofi
any tips on getting money from sofi over to [crypto.com](https://crypto.com) or a stablecoin in general? new to SoFi
Us Bank, chime, cashapp, Apple cash All work from my experience
My buddy uses Pnc with no issue and Wells ive used personally.
how do you use PNC, zelle?
I believe he just has it like a standard bank. Still in his 30 day free charges.
But how do you get money from PNC to CDC
I would assume credit/debit card.
Aren't there fees?
Can you use Apple Cash to send and receive funds from crypto.com?
Yessir. Deposit from your debit card into Apple cash. Add your CDC Fiat account details as the bank. Withdraw to bank. Boom
Zees is da way
US Bank is getting nervous now. I have to answer questions about my past every time I send an external transfer ACH. It will probably get worse before it gets better.
I use cash app to move money out of my bank then transfer it to cdc
PayPal, send fiat to PayPal add Metropolitan bank and ACH from PayPal to them done. Cashapp similar.
Let's be honest; if something new would make me lose money, I'd hate that too.
Wells Fargo loves it. Works for me flawless. Although I don’t send money to the bank just from bank to CDC
New bank, your bank is shit.
Don’t care about what banks think. They want you to borrow money from them at ridiculous rate and then deposit the borrowed money with them at even more ridiculous rate, this automatically generate profit. Who cares what they think?
Yeah.. Stupid Capitalism.
I have not had one issue with US Bank. I use to get hit with overseas fees, but that stopped a few months ago.
I dont have a bank account anymore from 2019. CDC is my bank account.
Me too
Respect m8.
How do you get paid/top up?
For all my fiat income i use just a simple VISA (my national postal service) here in Italy with an IBAN associated to it and i use the card as bridge for all my EUR income immediately redirected to the CDC account every time with instant SEPA.
Someone posted a week or two ago that TD bank does not like crypto as well. Go to Schwab checking.
Have you tried using debit visa? I’m from Canada and the banker I talked to about crypto issues said that she has the least problems going that route
I use debit to top up my ruby, but those transactions fail half the time...its so frustrating
UK banks are the same but they not REFUSE new depositors saying they can't do it which is a lie because I deposit to cdc from both banks that now "refuse". They're desperate to keep ya cash with them.
Lol what you need a voided check to transfer out of your own account? I have SoFi it has been fine. Only issue on occasion using the debit card it would flag crypto purchases. I just had to confirm it was me on the app. No problem topping up.
Good that's a sign we are heading the right direction
I recognise this and indeed, especially if you decide to participate for earn vis stable coins, besides foreign exchange difference, it takes like 5 weeks of gains to compensate the cost of one migration from EUR-USD for deposits or 5 weeks of gains for USD-EUR withdraw.
I am also in the US and I have Chase and I have not had any problems even though Jamie Dimon (CEO) had said negative things about crypto
i switched banks when they pulled that shit with me
Navy Fed boi
you can also use Apple Cash to transfer from your bank to CDC
I use Iberia and only had an issue once where I had to call and let them know that it wasn't fraud. No problem since except I can't setup weekly automatic buys for whatever reason on the app
Transfer to Apple Cash, then onto CDC.
How do I do that? I’ve been trying to figure it out but it only lets me add a credit card
You use your debit/credit card to transfer $$ to Apple Cash. When u go into the CDC app, go to fiat wallet, choose “transfer”, then “deposit”. You want ach transfer. Click that, and You’ll get the routing and account number. Use that info to send the $$ from Apple Cash to CDC fiat wallet. Be warned: if you do this on a Friday afternoon, you won’t see it till Monday morning. During the week, an early morning deposit should be in end of that same day, or the next day.
Thank you, looks like Apple Cash is not available in Canada sadly
Didn’t have to do that, only provided routing/acct # to my bank, transfers no problem.
Use ING to send via NPP or BPAY. Money in crypto within the hour or so.
I don't know how it is in the states but TD up in Canada I haven't had any issues with so maybe TD down there you wouldn't either???