Review on Monaco Ruby Steel Card by The hsotaka
My review about the MCO Ruby Steel Card.
Today i want to share my experience with the Ruby Steel VISA debit card of cryptocom.
I live in Europe, so unfortunately i wasn't able to use this card yet. I pre-ordered my card, it hopefully will be delivered in March 2020.
I will update this review as soon as my card arrives.
To order this card, you need to stake 50 MCO, the utility token of cryptocom for half a year. Currently 50 MCO are worth ~250€, so you need to freeze a bit of money. There are several other cryptocom cards with even better benefits, but you need to freeze even more MCO to order these ones.
So i decided to "only" order the Ruby Steel one.
As long as my 50 MCO are frozen, i will receive 2% cashback for all purchases, which is absolutely great! If i decide to sell my MCO after the first half year, i will earn 1% cashback for every purchase.
I also have the possibility to verify my Spotify Account on cryptocom. As long as my 50 MCO are frozen, i will receive 100% cashback on my Spotify subscription (9,99$ equiv.).
Of course the best advantage of this card is that i will be able to spend my crypto for real goods and services, I'm really looking forward to the delivery of my card. I will keep you up to date! :)
Pros
- Cashback of 2% (with staked MCO) for all purchases via debit card.
- 100% cashback for Spotify if you staked 50 MCO.
- No monthly or annual fees.
- ATM withdrawal limit of 400$ per month, which is enough for me.
- 4000$ Interbank Exchange Rates Monthly Limit.
- Great Composite Metal Card, no ugly breakable plastic cards.
Cons
- Currently only available for US. and Singapore users, Users in European can preorder the cards now, delivery hopefully will be March 2020.
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Comments (1)
October 19, 2020
I recommend updating this article because cryptocom does not support mco coin anymore and staking is not done with mco. The coin it supports is cro, which is the coin of its own exchange.
