The MCO Visa Card is a prepaid card that features no annual or monthly fees, airport lounge access for select cards, no-fee ATM withdrawals, tap-and-pay functionality, and no foreign transaction fees. How does the cryptocom card work However, it is a fee-heavy debit card. Although there is no issuance fee, you will pay several other fees, like a Coinbase wallet currency conversion fee of 2.5%. This fee is per transaction and applies to any assets other than USD, USDC, or any supported crypto on Coinbase. There is also a 1% penalty when you withdraw above your maximum limit. Although crypto rewards can reach as high as 4% on eligible purchases, that 2.5% transaction fee could leave you with only 1.5% gains. Still, customers remain generally happy with the credit card and appreciate the additional security and convenience features this card has to offer.
A new global study by Visa showed nearly 40% of crypto owners surveyed said they would likely or very likely switch their primary bank to one that offers crypto-related products in the next 12 months. Order a Crypto.com Card Cardholders with an active six-month stake and who staked before May 1 will continue to earn spending rewards at the current rate until their 180-day stake expires. Cardholders who stake CRO after the lock period expires will earn card spending rewards.