Review on Monaco Midnight Blue Card by Aaron Robetson
Monacos Ups & Downs.
Midnight Blue Privileges
Other Information
No Monthly Fee
No Annual Fee
No Delivery Fee
Zero Fee Monthly ATM Withdrawal (2% thereafter)
Material - PVC
Contactless
Pay Anywhere Visa Is Accepted
My Opinion
Since Crypto com MCO is somewhat new to the market, I rather like the Monaco card. Not due to their rewards but rather because of how user friendly it is to buy, sell, and trade.
I'am from the United States so being able to use a ATM as well as make purchases using crypto cards is something rather exciting, at least to me. And like I said before I truly enjoy this card with minimal complaints besides the rewards side of it.
I would have to say this card is also great for people who are without a bank account or simply can not afford to pay the fees for any odd reason then Monaco Card might be for you. All you have to do to be approved is by linking your bank account info and bomb you're approved in minutes.
You also get the opportunity to buy and use gift cards that can give up to 10% cashback in MCO coins when you shop at major retailers.
Conclusion
If you are new to the crypto space, I would not object to trying this out. You never know but it doesn't hurt to try since its technically free 90 free.
Pros
- Constantly making improvement's.
- You can buy and sell cryptos fast and effectively.
- Low cost for converting fiat into cryptos.
- Accepts Direct Deposit
- Theirs no fees for obtaining a card.
- You can stake a verity of token including MCO as well as get more rewards in return.
- Verified US Bank and managed by a Metropolitan Bank.
- I like the customer service so I'll give that a plus!
- You can withdrawal cash at an ATM.
- $50 dollar reward for referring a friends
- Wide range of tokens which kind of surprised me.
Cons
- You can't withdraw fiat back intro your bank account.
- Low % on cash back even with their top of the line steel black card.
- Rewards are for a specific group of people in search of these rewards in Spotify, Netflix, and AirB&B.
- Very limited as far as bank ATMs depending on location.
- Inactive fee after no use for 12 months is $5.
- Can not exchange in and out of wallets for certain ALT coins.
- The staking to receive other top tier rewards is kind of ridiculous.
- Rewards don't pump me up as a customer to buy more MCO.
