Cover image Card Review: Pros & Cons, Tiers, Fees, Limits & Alternative

Jay Leonard

Written by

Jay Leonard

March 19, 2024

Reviewed by

Ciaran Lawler

Spending cryptocurrency in everyday establishments can be challenging. Many retailers don’t accept cryptocurrency, and those that do typically only support a few. However, a crypto debit card can alleviate these problems.

Throughout this card review, we’ll take an in-depth look at the product, breaking down its features and usability while answering questions like, is the card worth it? Let’s get started.

[key_takeaways title="Key takeaways"]

  • The Visa card is a competitive product offering lower fees than Robinhood or Nexo and shipping faster than the card.
  • Users can fund a card with 19 cryptocurrencies, including Bitcoin, Ethereum, and USDT. However, less popular assets, like IOTA, must be converted before they can be used for a top-up.
  • Although most cards require a certain amount of CRO to be staked, the Midnight Blue card doesn't have any, making it accessible to anyone with a account.
  • Unlike other crypto card providers, like Wirex, the Visa card comes with free ATM withdrawals ranging from €200 to €1,000 per month.
  • While the card offers many benefits, most are locked behind substantial CRO staking requirements, making access challenging.
  • Unfortunately, there is no way to set up direct debits or transfer funds to another account. To move money out of a card, users can only spend money, transfer it to other users, or withdraw it from an ATM.

[/key_takeaways] Card Quick Summary

  • The card is used to spend crypto assets in real-world stores.
  • The card offers rebates and CRO rewards.
  • The card has lower fees than Robinhood or Nexo’s cards.
  • You cannot conduct SEPA or SWIFT transfers using the card.
  • There are five tiers of cards available with different CRO staking requirements.
  • Several top-up methods are available.

📚Related: Best Crypto Debit and Credit Cards


FeaturesCRO Rewards, Free ATM Withdrawals, Physical Card
Rewards1% to 5% Paid in CRO
AvailabilityAvailable in 31 European Countries, Asia, and the US
Funding/Top-Up MethodsFiat Wallet, Crypto, Credit/Debit Card
FeesATM Withdrawals 2% (Outside of Free Withdrawals), Fiat Top Up 1%, Crypto Top Up Variable
BenefitsSubscription Service Rebates, Airport Lounge Access, Bonus Reards, Private Jet Partnership
LimitsTotal ATM Withdrawals, WIthdtawal Frequency, Card Funding
WithdrawalsATM Withdrawals or Transfers to Other Accounts
Global AcceptanceAccepted in 200+ Countries
SecurityRegistered EMI, MFA, FIDC Insurance, 2FA, 256-bit Encryption Card Pros & Cons Card Card Cons
Lots of top-Up OptionsNo Support for SWIFT or SEPA Transfers
Free ATM WithdrawalsBenefits Locked Behind High CRO Staking Requirments
Send Money to Otther UsersFiat Cannot Be Transferred Out of the Card 
Fast Has Been Hacked
Card Tier with No Staking Requirements 
CRO Rewards on Purchases 
Subscription Service Rebates 

What is a Card?

The Visa card is a debit card that lets you conveniently convert cryptocurrency held in your app wallet into fiat currency, which you can then spend at any real-world retailer that accepts Visa. card

While the card’s primary function is enabling people to spend their crypto holdings in everyday shops, it also comes with several benefits to help users get more from their money. For example:

  • CRO rewards
  • Rebates on subscription services
  • Airport lounge access

How does the Card Work?

Understanding how the card works is critical to determining whether it’s right for you. mobile app

The card is linked directly to your account. However, you can only manage it via the mobile app; there is no way to control the card on the desktop website. As such, you must have a smartphone to use the card.

  • Acquire Card: After registering and verifying a account, you can apply for one of the company’s Visa cards. Users can select which card tier they’d like, and the company will ship it to their home address. While there is a €4.99 issuance fee for a Midnight Blue Card, other tiers, like the Royal Indigo Jade Green or Ruby Steel Card, do not require users to pay an issuance fee.
  • Top-Up: One of the most significant benefits of the card is that any asset stored in the platform’s crypto wallet can be nearly instantaneously added to the balance of a Visa card. Additionally, customers can top up their card using a credit or debit card, allowing users without spendable crypto assets to reap the benefits of the card.
  • Spend: Once the prepaid debit card is funded, holders can use it in any shop or online store that supports Visa payments.
  • Withdrawing: During testing for our card review, we noticed that it’s impossible to digitally withdraw fiat or crypto from the card once it’s been added. While you can withdraw cash from an ATM using the card, there are monthly limitations for each card tier. Therefore, it’s critical to consider whether a top-up is required before committing to it.

📚Related: How to Use a Crypto Card: All You Need to Know Card Alternative

swissmoney is a financial services provider bridging the gap between cryptocurrency and fiat. The company makes it convenient for crypto enthusiasts to store their crypto and convert it to fiat to facilitate everyday spending thanks to its built-in trading desk and IBAN accounts that support USD, EUR, GBP, and CHF.

The financial platform offers several benefits compared to Including:

  • Send Fiat: While the card lets users spend in everyday shops, it does not support digital transfers. However, swissmoney lets users top up their accounts with fiat or crypto and provides access to the SEPA financial systems, empowering users to send fiat transactions anywhere in the world using their crypto holdings.
  • Virtual Cards: Unlike, swissmoney offers physical and virtual debit cards that can be used online or in-store via Apple Pay. Users can have more than one virtual card, making them ideal for separating different fiat currencies, dividing money for budgeting, and signing up for services you do not want to provide your card details.

swissmoney is a powerful alternative to some of the best crypto debit cards. The app vastly improves the process of converting crypto to fiat. It also makes spending far more convenient by offering the ability to transfer funds anywhere in the world quickly and easily. If you’re looking for a crypto prepaid card like the card, it’s worth considering swissmoney instead. Card Tiers and Features Comparison

FeaturesMidnight blue (Tier 1)Ruby Stell (Tier 2)Royal indigo & Jade Green (Tier 3)Frosted Rose Gold & Icy White (Tier 4)Obsidian (Tier 5)
CRO Staking Requirments €0€400€4,000€40,000€400,000
CRO Rewards0%1%2%3%5%
Rewards Without CRO StakingN/A0%0%1%2%
Monthly CRO Rewards CapN/A€25€50N/AN/A
Free ATM Limit€200€400€800€800€1,000
RebatesN/ASpotify (First 6 Months)Spotify, Netflix (First 6 Months)Spotify, Netflix, Prime, ExpediaSpotify, Netflix, Prime, Expedia, Airbnb
Airport Lounge AccessN/AN/AYesYes +1 GuestYes +1 Guest
Extra FeaturesN/AN/AN/ Private, Earn Bonus Reward Merchandise Welcome Private, Earn Bonus Reward Merchandise Welcome Pack, Private Jet Partnership


The card offers many benefits designed to fit seamlessly into your everyday life. Between rebates on subscription services and the ability to earn rewards, the card has something appealing to everyone.

  • Cro Token Rewards: Above the first tier, every card lets users earn crypto rewards paid in CRO on spending. While the rewards cap is relatively low, below the fourth tier, it can add up and help offset the cost accrued from locking up CRO to access each tier.
  • Rebates: Users can receive rebates on subscription services like Netflix, enabling them to save money each month, which again helps to offset the cost of CRO.
  • Lockup Requirments: Unfortunately, the higher tiers of the card have significant lockup requirements, representing a substantial hurdle to overcome to attain the increased benefits from your preferred card tier.

To gain the total value offered by the card, you must stake a significant amount of CRO tokens to attain the Obsidian tier, which is beyond most people’s reach. However, the Frosted Rose Gold card tier offers comparable benefits with a 10x lower staking requirement. That said, if subscription rebates and CRO rewards are not a priority, the lower tier of cards provide the same core functionally. Card Benefits in Detail

The card has several benefits that will appeal to crypto enthusiasts looking to move assets from a crypto wallet to prepaid debit cards for spending purposes. It’s important to consider the cardholder benefits and limitations to decide whether is the best option for you.

Crypto-to-Fiat Conversions boasts incredible convenience when it comes to crypto-to-fiat conversions. Users can instantly top up their card using any funds stored in a crypto wallet on the platform.

The card can be used for in-person and online payments, making it highly versatile. We were impressed with the efficiency of the conversion process from our experience using the card. During our testing, we could load funds for spending onto the card in seconds, making it viable to top up the exact amount you need for a purchase on the fly.

Free ATM Withdrawals

Another significant benefit of using a card is free ATM withdrawals. While some crypto prepaid cards we’ve looked at, like Robinhood, charge fees for cash withdrawals, offers every user a specific limit of free withdrawals. Limits range from €200 for the Midnight Blue card to €1000 for Obsidian cardholders. Card ATM limits

As customers can simply convert USDT to USD or other fiat currencies, the card offers a complete crypto off-ramp, as customers can exchange their digital coins for real-world cash. As such, the card is a valuable tool for anyone who stores a large portion of their wealth in digital assets like Bitcoin (BTC) or Ethereum (ETH).

📚Read More: Crypto ATM Withdrawal Guide

Worldwide Acceptance

An often overlooked benefit of the card is its worldwide acceptance. Because Visa is the card issuer, people can use the card when shopping with over 80 million merchants in 200+ countries, making it a truly global off-ramp.

Moreover, as the card is accepted ubiquitously, it’s a great travel companion, yielding greater convenience than issues like American Express, which are less frequently accepted. Card Limitations and Drawbacks

No product is without limitations, and the card is no exception. While the card represents an effective way to spend crypto, we found a few things to be aware of while researching for our card review.

Fiat Transfers

Although you can withdraw cash via an ATM with a card, you cannot send fiat to another bank account or customer. Unfortunately, this vastly limits the service’s use; people looking to send money to friends or set up direct debits to pay bills will need to use a service like swissmoney, which supports SEPA and SWIFT transfers.

High CRO Staking Requirments

While you can get a card without staking and CRO, the card’s benefits are locked behind higher tiers, the access of which requires significant CRO. These substantial requirements mean that many users won’t be able to enjoy the benefits the card offers, leaving it solely as a crypto off-ramp.


Although many people have smartphones, some prefer to manage their spending on a computer due to the larger screens. However, while testing for our card review, we found that you can only manage it on mobile, reducing accessibility. While most users should still be able to use a card, it would be nice to see balance management services added to the web platform. Card Rates and Fees

One of the most important considerations when searching for a crypto card is the rates and fees the provider charges. Unfortunately, some companies levy many charges on their cards, which can quickly add up and reduce the viability of everyday use. charges the following fees:

Fee TypeFee Rate
Credit/Debit Card Top-Up1%
Crypto Top-UpVariable Spread
ATM Withdrawals (Outside of Included Limits)2%
Foreign Transactions0.2% (Within the EU and UK), 2% (Rest of the World)
Card Issuance€5 (Midnight Blue), €0 (Other Tiers)
Card Upgrade Fee€0
Inactivity Fee€5 Monthly After 12 Months of Inactivity
Close Account€50
Card Replacement €45.01 (Midnight Blue), €50 (All Other Cards)

Transaction Fees offers competitive transaction fees versus other crypto cards we’ve looked at. However, the platform doesn’t clearly disclose fees for using crypto to top up a card. While no set fees are charged, during testing, we noticed that the price credited for a deposited asset would be slightly lower than its trading price, meaning your deposit could be lower than expected.

Account Fees

The card suffers from many fees most users wouldn’t initially consider. Between expensive fees for inactivity, card replacements, and closing accounts, customers could spend quite a sum to manage their card, substantially lessening the value offered.

Fees Overall

While the fees charged by the card initially seem very reasonable, the additional hidden fees for crypto top-ups and surprisingly high charges for certain account accounts impact the value offered by the card. That said, with free ATM withdrawals (within limits) and no charge for spending, the card remains relatively competitive in terms of value for money. Card Limits

Every crypto debit card has certain limits regarding ATM withdrawals, top-ups, and transfers that users must adhere to. Typically, these limits are based on daily, weekly, and monthly thresholds designed to throttle use to acceptable and serviceable levels.


Limit TypeLimit (Daily)Limit (Monthly)Limit (Yearly)
Free ATM WithdrawalN/A€200 (Tier 1), €400 (Tier 2), €800 (Tier 3/4), €1,000 (Tier 5)N/A
ATM Withdrawal Total€2,000€10,000€75,000
ATM Withdrawal Frequency330360
Top-up Limit€25,000€25,000€250,000
Crypto to Card / Fiat to Card Transfer Limit€25,000€25,000€250,000
Card-to-Card Transfer Limit€100 (Midnight Blue), €5,000 (Other Tiers) €3000 (Midnight Blue), €5,000 Other Tiers)€50,000 (Midnight Blue), €50,000 Other Tiers)
Card Load Frequency12140N/A


The card boasts relatively high limits, making it ideal for those with high net worth or who wish to put most of their expenditures on a crypto card. Additionally, some restrictions only apply to specific time frames, so it’s worth taking the time to understand when will reset each limit.

  • Limits Shared Between Tiers: Many restrictions surrounding top-ups, transfers, and withdrawals are shared between card tiers, making them far more straightforward to understand, particularly as users upgrade their cards.
  • Limits Resetting: While limits typically reset weekly or monthly, activities may count toward yearly limits, so planning ahead is essential to avoid unexpectedly hitting a limit. Card Rewards

One of the most significant benefits of the card is the ability to earn rewards paid in CRO for each transaction. Rates range from 1% to 5%. You cannot earn rewards with every merchant, so if you’re planning a big purchase and want to earn CRO, it’s worth checking the retailer’s terms.

Card TierCRO Rewards
Midnight Blue (Tier 1)N/A
Ruby Steel (Tier 2)1%
Royal Indigo & Jade Green (Tier 3)2%
Frosted Rose Gold & Icy White (Tier 4)3%
Obsidian (Tier 5)5%


  • No Rewards for Tier 1 Cardholders: Basic Midnight Blue card users cannot earn rewards. However, they can start receiving CRO rewards after upgrading to the second card tier.
  • Bonus Rewards: also offers a loyalty program that rewards users based on their CRO holdings. Users can earn a bonus to their CRO rewards based on their Rewards+ level. However, the program is only available in select countries, including the United States. Card Withdrawal

The card offers fiat withdrawals via an ATM, with limits varying between card tiers. While cryptocurrency can be withdrawn from, once you use it to top up a card, there is no easy way to switch back to crypto. Additionally, there is no way to withdraw or transfer fiat digitally, so ATMs are the only withdrawal option.


  • Limited to ATM Withdrawals: Unfortunately, the card only supports ATM withdrawals. There is no alternative way to move cash out of the card without spending. Therefore, it’s essential only to top up your spending.
  • Crypto Withdrawals: Although it’s possible to withdraw cryptocurrencies stored in a wallet, once you exchange crypto for fiat and add the funds to a card, they’re converted to fiat and cannot be swapped back easily.

📚Read More: How to Withdraw from Card Supported Cryptocurrencies accepts 19 of the largest cryptocurrencies for people wishing to fund their card using digital assets. Unfortunately, those looking to fund their card using less popular tokens will need to convert them to a supported asset beforehand.


  • Convert Lower Market Cap Coins: Because the card can only be funded using popular assets like Bitcoin, Ethereum, or Tether. Users aiming to spend less popular assets like Arbitrum or privacy-centric tokens like Monero will first need to exchange their assets, so it’s worth keeping fees in mind.
  • Support for Mainstream Assets: While the card lacks support for lesser-known assets, it provides a great range of options for depositing popular assets. The Coinbase card supports eight cryptocurrencies, and the card offers more than double that amount, making it far more accessible and easier to deposit. Card Global Acceptance

The card is available worldwide, including in 31 European countries, like the UK, Germany, Italy, and Switzerland. Additionally, any merchant that accepts Visa transactions supports the card.

  • 40+ Million Merchants: Because worked with Visa to create its prepaid cards, they are accepted worldwide in over 40 million stores and millions more online retailers.
  • European Access: The card is available across most of Europe, making it an excellent card for people based on the continent who frequently travel to neighboring countries.
  • Worldwide: The card was initially rolled out in Asia and the United States, meaning it can be used all over the globe with no extra effort. However, foreign transaction fees may apply. Card Security and Reliability

Any platform that handles customer funds needs excellent security. is a registered Electronic Money Institution (EMI) in the UK via the FCA and several other jurisdictions. As the card is linked to a user’s account, the company must employ security measures for both accounts and prepaid cards.

Account Security utilizes several advanced security measures designed to protect customer accounts. The company ensures all cryptocurrency deposits are backed 1:1, eliminating withdrawal issues. Additionally, uses Multi-Factor Authentication (MFA) to protect customer accounts from being compromised. Residents of the US also benefit from FIDC insurance on balances up to $250,000.

While employs industry-standard security measures, the platform was hacked in 2022, resulting in over $34 million in losses.

Card Security

While many security measures implemented into the card haven’t been disclosed, the company employs Two-Factor Authentication (2FA), 256-bit encryption, and strict fraud monitoring. Additionally, as Visa issues the card, it benefits from the same protections the financial services provider offers to other cards on its network. Card Areas of Improvement

While the card is an objectively good product that provides value to users, could improve it in a few areas. If these issues are resolved, the card will become a drastically better product:

  • Fiat Transfers: One of the most significant disadvantages is its lack of fiat transfer support. Once you’ve converted your crypto to fiat, you can only send funds to other users, making it impossible to set up direct debits using a card. could benefit from a system like Swissmoney’s, which allows users to send SWIFT or SEPA fiat transactions.
  • Fee Disclosure: Another area that could be improved is how fees are disclosed for the card. The variable spread charged when topping up a card with crypto is seldom referenced and easy to miss. Making it more transparent would help ensure users don’t end up with a lower-than-expected balance.
  • Account Fees: While the card is mostly cost-effective and priced reasonably, specific fees, namely the 50 account closure and 50 card re-issuance fees, seem unreasonably expensive. It would be nice to see these essential costs reduced to make the service more user-friendly.

How to Top Up Card

If you decide to get a card, you need to know how to top it up. Thankfully, there are several available methods, which we’ll discuss below.

Top Up from Fiat Wallet

Step 1: Log into the app and head to the card management section.

Step 2: Press top-up and select the fiat wallet.

Step 3: Select a currency to convert your fiat to and input the desired quantity.

Step 4: Preview and confirm the transaction. The target wallet will be funded.

Fees: N/A

Top Up via Credit/debit Card

Step 1: Log in to the app and go to card management.

Step 2: Press top-up and choose credit or debit card.

Step 3: Select a linked card or add one.

Step 4: Confirm the transaction. Your Visa card will be funded.

Fees: 1%

Top Up via Crypto

Step 1: Log in to and select the card tab

Step 2: Press top-up and select crypto.

Step 3: Choose from the 19 supported cryptocurrencies.

Step 4: Preview and confirm the transaction. The top-up process is complete.

Fees: Variable Spread

Is the Card Worth It?

After reading through our card review, you have all the information to decide whether the card is worth it. The product offers a simple way to spend your crypto in shops, restaurants, bars, and other in-person establishments. Additionally, users can complete online purchases and send money to others with a account.

While the card offers high rewards, rebates on subscriptions, and fee-free ATM withdrawals, there are a few limitations to be aware of. Most notably, when crypto is converted to fiat and loaded onto the card, there is no easy way to reverse the transaction. Additionally, users cannot set up direct debits or send money to people without a account.

Although many of the card’s best features are locked behind substantial CRO staking requirements, the product remains valuable. Users can select which card tier they’d like, so the product is widely accessible. It can be tailored to a user’s requirements, making it an excellent option for anyone looking for a convenient way to spend their crypto. Card Review FAQs

Can a card be used anywhere?

The card can be used anywhere Visa is accepted. The card is usable with over 40 million merchants across 200+ countries and millions more online retailers. However, some merchants do not offer CRO rewards on purchases.

How to withdraw money from a Card?

An ATM withdrawal is the only way to withdraw fiat money from a card. You cannot withdraw USDT or any other crypto once used to top up a card. Unfortunately, the company has not implemented SEPA or SWIFT transfers, making it impossible to set up direct debits. Users wishing to transfer funds can only do so to other cardholders.

Can I use my card at an ATM?

Yes, every card tier allows holders to withdraw cash from an ATM. However, the number of free withdrawals you receive varies between the card tiers, from €200 to €1000. If you want to withdraw cash from an ATM outside of your allotted limit, will levy a 2% fee.

Is the card free?

There is a €4.99 issuance fee if you get the Midnight Blue card. However, users applying to a higher tier or those wishing to upgrade to the next tier can do so for free. However, there are a few account-centric fees, like €50 for closing an account and getting a replacement card.

Why use a card?

The most common reason to use a card is to spend your crypto holdings in everyday establishments like shops or restaurants that do not currently accept crypto assets. Additionally, many users apply for a card to earn CRO rewards on transactions or take advantage of the company’s subscription rebates.

Which Card is best?

The best will differ from person to person based on their requirements. If you’re looking for a cheap and secure way to spend your crypto, the Mightnight Blue card may be best as it has no CRO requirements. However, the Frosted Rose Gold and Icy White cards offer the best value if you want to earn CRO rewards and rebates.

Which card should I get?

The Midnight Blue card offers the best introduction into the space for the average user as it has no CRO staking requirements, making it widely accessible. However, opting for the Ruby Steel card could be a better choice if you hold CRO and want rewards.

How to Get a Card?

It’s easy to get a card. Users must create and verify an account with; then, they can select their desired tier and order a card. If you choose a card with CRO requirements, you must stake the assets for at least 180 days to gain increased benefits.

How long does it take to get a card?

After creating an account with and ordering a prepaid crypto card, the company aims to deliver the card within 7-14 business days. While one to two weeks may seem like a long wait, the Coinbase card takes approximately 2 to 3 weeks, around 50% longer.

How to use the card?

Once you’ve received a card, log into the app, head to the card section, choose top-up, and select your desired method. Once you have funded your card, you can use it for transactions with every merchant that accepts Visa. The card can be inserted into chip and pin readers or used contactless.

Is trustworthy? has been operating since 2016 and is registered with several authoritative bodies, including the Financial Conduct Authority (FCA) and the Monetary Authority of Singapore (MAS). Although hackers have previously compromised, the company has strengthened its security and is considered trustworthy.

Is the card suitable for crypto newcomers or those with limited experience?

The card is suitable for people with every level of experience because the app it’s managed on is simple to use. Top-ups can be completed with wallet balances or credit/debit cards, making the product accessible to those without crypto experience.

How do cards compare to other crypto cards?

The range of cards is excellent for people wishing to use crypto in everyday places. Compared to the Coinbase card,’s product ships faster, yields more rewards and supports 11 extra cryptocurrencies. Additionally, it has lower ATM withdrawal fees than Robinhood and Nexo.

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