Quote:
Originally Posted by jay94
So on bitpay, you only have to pay the atm fees which is usually 2-3 dollars and besides the 1% fee and you almost get your money instantly. You can withdraw on an ATM up to 3000, don't ATM's usually have smaller limits, how do you go about getting those types of funds.
not sure what the 1% fee is ur talking about.
yes, most atms have limits of 500 or smaller, but u can do multiple transactions per day.
that said, here is what i have found over time to get the most bang for ur buck:
1. apparently the atms u find using the following page will not charge an additional fee when using the bitpay card, so you would only pay the $2 fee to bitpay, not the atm:
https://www.moneypass.com/atm-locator.html
2. u can also go into most banks/credit unions and do a "cash advance" for free (u just pay the same $2 to bitpay) and get 750 at a time. this is better than the atm method, unless u find an atm which doesn't charge a fee and also gives 750 per transaction, in which case it's the same. more info here:
http://forumserver.twoplustwo.com/sh...ostcount=22304
3. u can also go into walmart and get "cash back" off of debit cards, up to 1k at a time, for a $3 charge (w/o buying anything). i haven't tried this yet with the bitpay card, but with the a----o debit card, this worked very well, and i was not assessed a fee from a----o. assuming it works the same with bitpay, this is on par with the "cash advance" method.
all three of these methods are different transaction types (although with bitpay they seem to lump atm transactions and cash advance, aka over the counter transactions, together). u should be able to get more out in a day using a combination of these three, in the event that you want to pull out more than 3k.
Last edited by tradenine; 01-18-2017 at 08:39 AM.