Review on CryptoPay EUR by The hsotaka
My review about CryptoPay EUR card.
Today i want to share my research of Cryptopay EUR card.
You can use the EUR card of Cryptopay in UK and Europe. Cryptopay write on its site "Accepted anywhere major cards are", but i wasn't able to find out who is the payment provider of this card. It doesn't seems to be Visa or Mastercard, i would count this as a disadvantage of the card.
The Card price is free, you need to pay 15€ for shipping, no matter where you live.There is a monthly service fee of 1€.
ATM transactions cost 2.25€ and there is also a loading fee of 1%.
Third party loading is possible, you need to pay a fee of 1,99% in this case.
It's a prepaid card, no credit card, so there are account limits.
The acount limit information is very complex, it also depends on your verified status. I need to quote the whole table here:
Account limits EUR Card:
Value of online transactions
Unverified / Verified €1,000.00 / Unlimited
Third-party loads available
Unverified / Verified No / Yes
Single ATM transaction limit
Unverified / Verified €200.00 / €1,000.00
Daily ATM withdrawal limit
Unverified / Verified €400.00 / €2,000.00
Max single top-up value
Unverified / Verified €1,000.00 / €10,000.00
Max daily load
Unverified / Verified €1,000.00 / €20,000.00
Max lifetime load
Unverified / Verified €1,000.00 / Unlimited
Max lifetime unload
Unverified / Verified €1,000.00 / Unlimited
Loads per day
Unverified / Verified 2 / Unlimited
ATM transactions per day
Unverified / Verified 2 / 5
My opinion:
It seems to be a good and working product, but the fees are too high for me. There are better offering if you are searching for a EUR crypto prepaid card.
Also the fact that i couldn't find the payment provider prevented me to order this card.
Positive things are:
Third party loading is possible and the initial card price is free.
Pros
- Initial card price is free.
- Third party loading is possible.
Cons
- Restricted to Europe and UK.
- High fees, monthly service fee.
- No free ATM transactions, you need to pay fees for every transaction.
- There is also a loading fee, this is a no go for me.
New products
Comments (1)
January 31, 2021
The card offers nice features, but there is still a lot of improvement. For example, in most countries, for example in my country, we cannot use the card. Because ATMs do not accept cards. To be honest, I was very surprised and sorry.
