The Crypto com Card, as a prepaid option, comes with certain constraints when compared to other crypto cards. It doesn’t provide the flexibility to spend your cryptos directly from your wallet. Instead, users are required to preload funds using a limited range of cryptocurrencies. Moreover, the card imposes fees for replacement, inactivity, and re-issuance, which are typical of prepaid cards.
In contrast, the Credits com card offers the ease of spending your crypto directly, without the need to pre-sell your digital assets. While the Crypto com card restricts you to a few cryptos for preloading, the Credits com card supports over 40 cryptocurrencies for direct spending from your wallet. Briefly, it is a Mastercard that caters to users in 31 EEA countries, with over 40 supported digital currencies. It has no annual fee and charges 0% fees for top-ups. Users can choose between a free standard plan and a premium plan, both of which offer significant discounts on key operations. The card is developed by a rapidly growing neobank and can be used at 50 million points of sale globally. Staking and cashback features are expected to be introduced this year.
The Crypto com card may not be the most appealing option in the market due to several factors. These include high staking requirements, top-up fees, poor card limits, and various other charges such as inactivity fees, foreign currency transaction fees, and ATM fees.
To unlock the features of the Crypto com Visa card, users must stake CRO for a minimum of six months. To access the maximum rewards and benefits of the Crypto com Card, one needs to stake CRO worth €350,000 for a six-month period.
Furthermore, changing card tiers resets the staking term, necessitating an additional six-month commitment. Reimbursements for streaming services are conditional, requiring payment with the Crypto com Visa card, and are subject to a monthly reimbursement cap for various services.
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