Recently Circle began sending out invites to a large number of users many whom immediately went and purchased Bitcoin with a credit card to only later find they were being charged fees by the credit card company for performing a “cash advance”. Circle has been working with various banks and issuers to get this issue resolved but has taken it a step further.
An email began appearing in many Circle users inbox stating:
We recently learned that some of our customers are being charged cash advance fees by their credit card issuing banks for deposits made to Circle. We noticed you used a credit card with us, and we hope that you have not been charged these fees. Just in case, we’ve sent you $50 in bitcoin for any inconvenience.
A brilliant move in not only trying to repair some of the ill-will directed at Circle (who actually wasn’t behind the fees) they began sending these out in one of the most brilliant marketing moves we’ve seen to date here at hangletonweblogs.