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Review on Monaco Ruby Steel Card by francis fernandez

Revainrating 3 out of 5

Monaco Ruby Steel Card- a card pegged to USD

The Monaco Ruby Steel card is another option that the blockchain network offers to fans of electronic commerce.
Many are the blockchain cards launched on the crypto market; For this reason, users must carefully analyze the options available to them in terms of cost and benefit.
The most important points to consider are fees for ATM withdrawals, currency exchange costs, daily consumption limit and privacy.
This card only accepts the US dollar as legal tender; since it does not have integration with any digital wallet; therefore it does not accept cryptocurrencies either.
The Monaco Ruby Steel card has the following main uses:
* Withdrawal at local and international ATMs.
* Storage or reloading of money.
* As a means of payment for purchases or consumption of goods and services, subject to the US dollar.
The commissions generated by the use of this card are variable, depending on the type of operation or the use that is granted.
So we find different rates to his credit. For example:
* 2% monthly and annual fee when the card balance is above $ 400.
* Zero monthly and annual fee with balance under $ 400.
* 0.5% fee up to a limit of $ 4,000 per month




Pros
  • It is not subject to the payment of installation commissions.
  • Gives its users a 1% refund on their purchases
  • A legal tender fiduciary currency with worldwide acceptance is handled with US dollars.
Cons
  • It is not linked to a digital wallet.
  • Does not accept cryptocurrencies

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