The Essential Guide to the Visa Debit Card from

Get up to 8% cashback on all spend, 12% p.a. interest, free airport lounge access, Amazon Prime, Netflix, Spotify — and quite a lot more…

[Article updated on 18th January 2022]

Ruby Steel and Jade Green Visa Debit Cards from (have ordered Frosted Rose Gold…)

In this article, I will tell you:

  • What the Visa debit card is
  • How to find the right card, based on your monthly spend and requirements
  • How to make additional money from the card
  • How to add additional features that aren’t natively supported
  • How to get the card

For more information about the card, please refer to the official guide by

What is the Visa Debit Card?

  • A prepaid Visa Debit card, provided by (they are a leading Cryptocurrency company)
  • You can load and spend fiat (e.g. AUS, CAD, EUR, GBP, SGD, USD), no need to buy and hold any cryptocurrencies
  • No annual fees
  • Cashback from 1% — 8% depending on which card you choose
  • Incentives including free airport lounge access, Amazon Prime, Netflix and Spotify
  • ‘Prepaid’ means you must load money onto it, as it isn’t linked to a bank account. It also means that it doesn’t appear on a credit score report

What are the Incentives?

The list of cards and their incentives are listed here, screenshot below:

Card benefits and rewards

The card (and rewards) you get depends on how much CRO you stake. CRO is a Cryptocurrency created by

Staking means you give money to and forget about it, you can’t get it back before the staking period has expired. The value of the stake can go up or down.

The entry tier gives you a card for free and 1% cashback.

For the other tiers, you must stake an amount of CRO for a minimum of 6 months. After the 6 month period, you can keep your money staked and keep all the benefits, or withdraw your stake and the benefits you receive will be reduced.

Staking requirements for each card (6 month minimum term)

Note: Later in this article I use the USD values. aren’t very good at marketing, sometimes you have to hunt around for information. For example, you have to go to their CRO — Staking Benefits page to see:

CRO Stake Rewards: Receive CRO at 10% p.a. for Jade Green or Royal Indigo, 12% p.a. for Frosted Rose Gold, Icy White and Obsidian tiers while the amount is staked.

This means that although the staking costs of the higher-tier cards are high, with the staking, cashback and other benefits, you will get make your money back on the staked amount within 5 years — then continue earning interest (profit) from then on.


Cashback is based on all purchases and is given as CRO.

You can:

Managing the Card

All card based activities are managed from the app on Android / iOS. These include:

  • Registering for a card
  • Staking
  • Upgrading and downgrading between card tiers
  • Messaging customer support
  • Adding money to the card
  • Checking the card balance
  • Viewing the card's PIN
  • Managing CRO (viewing cashback earned, converting to another currency, moving it to the Earn feature)

Which Card Should I get?

The card you should get depends on 3 factors:

  1. Your expected yearly spend (on debit/credit cards)
  2. The rewards you will receive (how will they offset your current expenditure?)
  3. The amount of time you would be happy to wait to ‘break even’ on your stake (because it’s locked away for the duration that you keep the card and all benefits, which could be forever). Once you get past this breakeven point, you’re into pure profit

Use this spreadsheet I’ve created to help decide which card is best for you.

Main Features:

  • 1% cashback (as CRO)

Is great for people who want to try the service and build up the required credit to pay for the Ruby Red.

This card is made of plastic, all the higher tiers are metal.

Unboxing the Midnight Blue MCO Visa Card from

Main Features:

  • 2% cashback (as CRO)
  • Spotify

This is the one I recommend for most people, it’s the one I started with.

You will likely breakeven on the stake cost within a year.

This card (and all cards at higher tiers) is made of metal, which is nice. Note — the back of the card has a thin layer of plastic, to allow NFC (contactless) payments.

Unboxing the Ruby Steel MCO Visa Card from

Main Features:

  • 3% cashback (as CRO)
  • 10% APR interest on your stake
  • Spotify
  • Netflix
  • Airport lounge access

This card is a good long-term investment and is the one I currently have.

The additional 1% cashback and Netflix subscription over the $400 level card might seem good at first glance, but for this you will stake an extra $3,600. For most people, this clearly isn’t worth it as you could earn more by earning interest on the $3,600 (in Crypto Earn, Crypto Exchange or DeFi).

However, what isn’t well advertised is that you will earn 10% p.a. on your CRO stake. You could then re-invest this interest at 8%–10% p.a.(in Earn, Exchange or DeFi), to significantly reduce the time it takes to break even on the initial stake.

Plus this card level gives you +2% interest in the Earn feature for non-CRO currencies, which is good if you want to diversify your portfolio.

Remember to use my spreadsheet to help decide which card is best for you.

Unboxing the Jade Green MCO Visa Card from
Unboxing the Royal Indigo MCO Visa Card from

Main Features:

  • 5% cashback (as CRO)
  • 12% APR interest on your stake
  • +2% APR interest on non-CRO deposits in Earn
  • Spotify
  • Netflix
  • Amazon Prime
  • Airport lounge access +1 guest
  • Exclusive Merchandise Welcome Pack

You will earn 12% p.a. on the $40,000 stake, which is $4,800 per year (paid in CRO).

You will receive a bonus interest of +2% on non-CRO deposits in the Earn feature. This is nice if you want to diversify your portfolio.

You will also get discounted rates when trading on the Exchange.

You can save up to $50 per month with Expedia (not a significant amount, but it’s worth noting).

The 5% cashback on all spend is very good.

Unboxing the Icy White MCO Visa Card from
Unboxing the Rose Gold MCO Visa Card from
Unboxing the Exclusive Merchandise Welcome Pack from

Main Features:

  • 8% cashback (as CRO)
  • 12% APR interest on your stake
  • +2% APR interest on non-CRO deposits in Earn
  • Spotify
  • Netflix
  • Amazon Prime
  • Airport lounge access +1 guest
  • Exclusive Merchandise Welcome Pack

As with the $40,000 stake, you will get 12% p.a. interest which is $48,000 per year (paid in CRO) and everything else in that tier, as well as a whopping 8% cashback on all spend!

How to Claim your Free Amazon Prime, Netflix and Spotify Rewards

It couldn’t be easier, just pay for these services on your CRO card and you’ll automatically get reimbursed up to this amount for each:

  • Amazon Prime = $12.99 USD equivalent
  • Netflix = $13.99 USD equivalent (standard monthly subscription — HD, 2 screens)
  • Spotify = $12.99 USD equivalent (monthly subscription fees)

What if I want to Upgrade or Downgrade the Card?

You can upgrade your card at any time. When doing so, you have the following options.

Option 1: Upgrade and get a new card

As soon as you upgrade, your current card gets disabled so you can’t use it. The workaround for this is to use a Curve card and spend on another debit/credit card. When you get the new card, you can then use the Curve ‘Go Back in Time’ feature to move purchases from the card you used onto the new card.

Upgrade fees (including a new card) are:

I personally have no objection to paying this as the cost is made back quickly in cashback and rewards.

Option 2: Upgrade without getting a new card

You can continue to use your current card. You will get all the benefits of higher tier, apart benefits that are tied to the card i.e.:

  • Airport lounge access
  • ATM withdrawal limits before a fee applies
  • Interbank limits before a fee applies

You can request the higher tier card at any time (you will have to pay the 50 GBP/EUR/other fee if you live in an applicable country)

Downgrading can mean 2 things:

  • Withdrawing your stake (after the initial 6 month lock-in). In doing so, your rewards will be reduced (see the table below). You can get your rewards back by staking again
  • Downgrading to a lower tier is pretty cool, because you get to keep the physical card (until it expires) and some of the rewards you have from your current tier! Contact support for details

Once your card expires, you will lose the benefits that were linked to it i.e.:

  • Airport lounge access
  • ATM withdrawal limits before a fee applies
  • Interbank limits before a fee applies
Non-staking benefits of the CRO Visa Debit card from

Benefits Tied to the Cards

As mentioned earlier, you can:

  • Upgrade to a higher tier, keeping a lower tier card (to pay no upgrade fee)
  • Downgrade to a lower tier, keeping a higher tier card (until the cards 4 year term expires)

There benefits are tied to the physical card

  • Airport lounge access
  • ATM withdrawal limits before a fee applies
  • Interbank limits before a fee applies

Additional Cardholders

Currently you can only have one card per person. You can’t request additional cards for partners, etc.

How to Make Additional Money from the Card

  1. If you haven’t already got one, order a Curve card now and get £5 GBP. Use a Curve card in conjunction with the card to get extra benefits
  2. Pair the card with a Curve card to get rewards from both and Curve, when you spend! Curve allows you to get cashback from select retailers, this is in addition to the cashback that gives you!
  3. If you already have a Curve card, you can ‘go back in time’ i.e. change the card you paid with for up to 30 days You can use this function to get cashback via your card on purchases you have made even before you got the card!
  4. As stated earlier, you will get monthly reimbursement for Spotify at $12.99 USD equivalent. If you like, you can use this towards the Spotify family package which is for up to 6 people — enjoy up to 6 Premium accounts at £14.99/month
  5. Put your cashback to work — up to 10% APR if you invest it in CRO in the Exchange or more than this if you invest it in DeFi (see the current APR)
  6. UK only: For passive income when you spend at some retailers, register your card with AirtimeRewards, Kidstart, Quidco and TopCashback. Read my article ‘4 UK Debit/Credit Card Purchase Passive Reward Schemes — No Investment Needed’.

Get Additional Security, Features and Rewards when Combining with a Curve Card

As well as getting additional cashback, you will also get these additional features when you pair your card with a Curve card:

  • Curve Customer Protection, up to £100,000 (the card currently doesn’t offer any protection other than standard VISA customer protection)
  • Apple Pay, Google Pay and Samsung Pay support, so you can use your from your phones and watches
  • No need to carry your card, just carry your Curve card (which can also be used as a virtual card for any other of your debit or credit cards). This results in a thinner wallet and less hassle if your wallet gets lost or stolen
  • The ability to activate/disable your card from the app (in the event that you lose your Curve card)
  • Anti-embarrassment mode — if paying with your CRO card fails for any reason (e.g. lack of funds), the Curve Card will automatically try a defined backup card (I have set mine up to be a Barclaycard Credit card)
  • The ability to ‘go back in time’ 30 days and switch payments from one card to another, up to £5,000
  • Advanced spend tracking
  • Only 1 PIN to remember

How to Apply (and get $25 + £5)

  • Sign up to with referral code qu80wtyk0i This can be used within 5 days from having your account KYC approved. You’ll get $25 when you stake for a card
  • Download the app
  • Select the card you want
  • Add some money onto the card (required for it to be verified by Curve)

How to Load Money onto the Card

This is the option I use as it’s free and instant.

Note: I live in the UK and there are no fees for depositing to via debit card, fees of up to 3% are applicable for some countries, see the official guide for information.

You can transfer money from your bank into a fiat wallet in your account (shown within the app). don’t charge for this, but some banks do charge for transferring money, if so; Revolut is a good option for transferring money with zero/minimal fees. Note, deposits in the UK from Revolut are not allowed.

Here’s my review of Revolut:

Get a Revolut card for free.

Buy a supported cryptocurrency (such as Bitcoin) from within the app, then convert it to the currency associated with your card.

Note: You might need to declare all cryptocurrencies buy/sells to your government and they might be taxable. Here are the government instructions for UK residents.

Note: To buy cryptocurrency with no fees, you need to deposit fiat from your bank account, see section ‘<country_code> Fiat Wallet — Deposits & Withdrawals’.

Transfer BTC from another exchange (such as Coinbase) to, then convert and transfer it to the currency associated with your card.

How to View and Manage Cashback

Cashback is given as CRO. To view it in the app, navigate to:

  • Accounts
  • Wallet
  • CRO
  • View your cashback history
  • View the historic value of CRO
  • Buy, sell and transfer CRO (withdraw to a fiat currency or cryptocurrency)

Also, if you go to the Earn section of the app, you can stake your CRO for a defined interest percentage, currently up to 18% p.a. if you are are currently staking 10,000 CRO or more. You can also get 20% p.a. if you use the Exchange — this isn’t available within the app yet, you have to use a web browser.

In the app, navigate to:

  • Accounts
  • Fiat wallet
  • Sell Crypto
  • Select the fiat wallet (e.g. AUD, CAD, Euro, GBP, USD)

Cashback Restrictions

There are some purchase types that are not applicable for cashback (see the full list with MCC merchant codes). These include items including payments for currencies, insurance, utilities and self-service fuel dispensers.

You can use the VISA supplier locator to see which MCC code retailers use.

Note, when paying for petrol (aka ‘gas’ in USA), you need to use the pay counter option (not pay at pump) to get cashback.

If you use Curve and pay for something that doesn’t give you cashback, you can use the Curve ‘Go Back in Time’ feature to move the payment to a credit card that does give you cashback/rewards.

How I Spend Money with the CRO Debit Card

My process is:

  1. Spend with my Curve card (via website, contactless, phone, etc.)
  2. Payment gets taken from my CRO card
  3. I receive cashback as CRO
  4. For maximum reward, I invest the cashback into the DeFi. The current APR for DeFi is shown here. I use DeFi with my Ledger Nano X, making it very secure.

If the purchase doesn’t result in cashback (step 3), I use the Curve ‘Go Back in Time’ feature to move the purchase from my CRO card, onto my credit card to get reward points on there (currently a Hilton Barclaycard).

Final Thoughts

The cards look nice. They are metal, heavy, nice texture and the logo (which represents the Ethereum Lion) looks cool. Their front doesn’t have a card number, so you can share pictures of them on social media. Having said that, my card will be staying at home as I use my Curve card the additional security, features and benefits.

Different countries have different reward systems, but where I live (UK) the rewards offered by the cards far exceed anything else that’s available. I think this is true of most other countries.

For many people, the cards are an entry point into a really nice, easy to use; ecosystem of financial services (see my other articles for details).

In terms of regulation, are doing everything right, ensuring that they have all the required regulation in place before they offer financial services to customers in each country. Where there have been issues (e.g. with card issuing providers), they have quickly and professionally resolved the issue and have come out stronger. They are taking ownership of services instead of relying on 3rd parties and have gained strong partnerships with Visa and other companies.

No other cryptocurrency provider is close to providing cards with this level of reward, to as many counties.

Kudos for making it to the end of this article! Here’s an ‘easter egg’ for you. From the home screen, press the Lion logo, then hold the X button to get confetti:

Owner of, SAP BASIS consultant since 1999. Interested in technology, cryptocurrency, adrenaline sports, cars, health, fitness