Quote:
Originally Posted by javi
After speaking with support they said the $500/yr limit is for card to card transfers. They allow customers to have up to 3 bitpay cards at a time. They said funding the card via ACH up to any amount your bank allows should be no problem. However they also said you cant send funds from the card to bitcoin addresses, only receive them. So you shouldnt load the card expecting to use it to fund your Ignition account, you just use it to cash out from Ignition.
expanding upon this; since this thread is for cashouts then it stands to reason the BitPay card is still a good solution. Since obviously our goal as poker players is to cashout, never deposit, then receiving funds to your bitpay card on a regular basis in the form of BTC is appealing. They have no fee's for this and I guess they are just skimming a little from the exchange rate, since what they are basically doing is selling your BTC for USD on the fly every time you send BTC to the card.
Here are the card limits they emailed me from a PDF:
Purchase Limits $10,000/DAY
Cash Withdrawal Limits $3,000/DAY $750/TRAN
Load Limit $10,000/DAY
Maximum Card Balance $25,000
Card to Card Transfer Limit $500/DAY
Last edited by javi; 12-09-2016 at 01:37 PM.