Presently, if you wishes to buy bitcoin, ethereum or other alt-coins instantly, their only option is to use a debit or credit card.
Transferring funds from the bank has a lower fees, but it takes several days.
Coinbase has for long accepted debit and credit cards for instant buys, however, it passes on to the buyer the standard four percent credit card transaction fee.
Coinbase transactions, and also presumably all other exchanges, are now being labelled as a "cash advance" rather than a "purchase".
Using a credit card will result in a five percent fee, in addition to the four percent credit card transaction fee already passed on by Coinbase.
Moreover, these purchases will no longer qualify for earning credit card points as well. (ANI)