1inch Card is closing: what the wind-down means for anyone still holding a balance
Available in US
The 1inch Card is not something you can sign up for today. The programme is being discontinued, new applications are closed, and anyone who still has a balance is being asked to withdraw or spend it as soon as reasonably possible — the furthest date the notice names is 18 December 2026. So this review is not a question of whether the card is good value. It is a question of what happened, what you should do if you are one of the people left holding a card, and what to look at instead.
The conditions described below are current as of October 28, 2026.
My score for the 1inch Card is 4.4 out of 10. That number is not a judgement on crypto cards in general, and it is not a judgement on the 1inch exchange, which is a separate thing with a long history. It is a judgement on one specific card programme, in the state it is in now: closed to new applicants, being unwound, with balances sitting in someone else’s wallet.
| Criterion | Mark | Why |
|---|---|---|
| Who can get it | 0 / 10 | The programme is being discontinued; new sign-ups are closed and the notice carries no country list |
| Cost | 7 / 10 | Unofficial figures report no annual fee and no FX fee, with a crypto conversion fee of 1.75% and 2% at ATMs — none of it confirmed on the card’s own pages |
| Top-up options | 6 / 10 | Unofficial listings name 1INCH, ETH, USDT, USDC, BTC, LTC, XRP and BXX as spendable assets, but name no networks |
| Reliability and complaints | 2 / 10 | The programme is closing and balances need to be moved out by 18 December 2026; user reports include uncredited USDC deposits |
| Everyday use | 9 / 10 | Physical and virtual cards existed, and unofficial sources describe Apple Pay and Google Pay with a 500 USD daily ATM limit |
| Total | 4.4 / 10 |
Who does this suit? Almost nobody as a card to apply for, because you cannot. Who does it still matter to? People who already hold one and need to know what to do with their money, and people who were considering a crypto card and need to look at the alternatives. If you were already planning to move, the comparison section later in this page is the part that matters to you.
What happened to the programme
The short version: this card launched, ran for a while, and is now being shut down. 1inch announced the card on 8 April 2024, in partnership with Mastercard and Crypto Life; that launch post was updated on 8 May 2026. The card was physical and virtual, issued by Crypto Life, and the launch post described it as powered exclusively by the Mastercard network. That is what made it a “1inch Card” rather than just a crypto wallet with a payment feature attached.
The discontinuation notice is where things stand now. It says the programme is being discontinued. New sign-ups are closed. And it recommends moving out by 18 December 2026. The notice itself does not carry a publication date, so I cannot tell you how long the window has been open.
There is a structural detail in the wind-down that is easy to miss and important to understand, so I want to walk through it rather than just note it. The card was never actually issued by 1inch. The issuers named are Monavate Ltd in the UK and UAB Monavate in the EU — an authorised e-money institution. The card provider is Crypto Life, legally Frozen Time UNIPESSOAL LDA in the EU or Baanx Group Ltd in the UK. So when the notice says “the programme is being discontinued,” the party winding it down is not 1inch alone. 1inch is the brand; Monavate holds the balances; Crypto Life handles the account. This matters because the deadlines and the rights on your money come from the issuer and provider, not from the crypto brand you recognise.
On who could get it: the notice does not state a country list. Unofficial third-party listings, from a comparison site in August 2026, say the card was offered in the EEA and the UK and not in the US. Treat that as unofficial and unconfirmed by the card itself. On identity checks: they were handled by the card provider, Crypto Life, and the requirements are not stated. On the annual fee and on fees generally: the card’s own pages say nothing. On app store ratings, delivery details, supported wallets and rewards on the official pages: not stated.
If you already have the card
Here is the practical part. The advice in the notice is to withdraw or spend your balance as soon as reasonably possible, by signing in to the card account. The stated furthest foreseeable date is 18 December 2026. The notice is careful to say these timelines are set by the issuer and provider, not guaranteed — so treat 18 December as a deadline to work backwards from, not a promise.
Where your money actually sits: balances sit in an e-wallet issued by Monavate, not by 1inch. That is a meaningful distinction. Under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed up to six years after account closure. So there is a redemption tail — but that is not the same as “your money is available on demand,” and it is not a reason to sit still until December.
What the notice does not tell you, and what I would want to know before acting: withdrawal fees are not stated. Daily spending limits are not stated. ATM fees and limits are not stated. How to fund the card is not stated on the notice; the launch blog says the card needs only crypto in your 1inch Wallet, converted to fiat at the time of payment. There is no refund or dispute process described on the notice. Unofficial figures from the August 2026 comparison listing, again not confirmed by the card, report an ATM fee of 2% with a 500 USD daily ATM limit, a daily spending limit of 8,000 USD, and spendable assets of 1INCH, ETH, USDT, USDC, BTC, LTC, XRP and BXX.
Who to contact, depending on what your problem is: the card balance, your card’s status, KYC, the closure itself, and any personal-data request all go to Crypto Life support, by email or the chat inside the card account. If Crypto Life does not respond, contact 1inch support with your request, the date and the channel — 1inch logs the case and escalates it, but it cannot action account-level requests itself. That is the honest division of labour: 1inch can carry your message; Crypto Life and Monavate are the ones who move money. Languages and support hours are not stated.
My advice, and it is the plainest thing I can say: do not wait for December. If you have a balance you want back, start the withdrawal now, and if a step is unclear, ask Crypto Life support in writing and keep the reply. A dated email trail is worth more than a memory of a chat.
What can go wrong
The first and largest risk is the closure itself. New loads and spending can stop before you act. This is not hypothetical — it is the pattern that programme wind-downs follow, and the 1inch case is already inside it.
Second, the complaints picture. Let me separate what is official from what is user report, because they carry different weight. Officially: the programme is being discontinued, balances should be moved by 18 December 2026, and remaining e-wallet funds are redeemable up to six years after closure under issuer terms section 16. As for user reports, I found no card-specific complaint data from an official source. Trustpilot, read on 2026-10-20, shows 3.6 out of 5 for 1inch overall from 547 reviews, but only 6 of those reviews are from the last 12 months — so this is a rating for the exchange as a whole, not for the card, and it is not a card-specific signal. Another aggregator quoted a higher 4.2 from 543 reviews; Trustpilot’s own page shows 3.6, so go with 3.6. On that page, 79% of reviews are 5-star and 5% are 1-star, and the company replies to 16% of negative reviews.
What people actually reported about the card, in their own words as themes: a USDC deposit to the “1inch crypto card” was confirmed on-chain but not credited (1 October 2026); a card transfer never arrived (30 September 2026); a USDC deposit was uncredited for more than 20 hours with the answer “under review” (1 September 2026); a withdrawal was pending for more than 30 days (February 2026, on the wallet side); and support was slow and generic (June 2025, October 2025, June 2026). These are user reports, not verified findings, but they cluster on one theme — deposits not appearing on the card — and that is exactly the thing you cannot afford to be stuck on while a programme is closing.
Third, custody. Your funds are held in an e-wallet at an authorised e-money institution, Monavate — not by 1inch. That structure is normal for this category and, on paper, better than a crypto platform holding your money, because e-money institutions are licensed and must safeguard customer funds. But it also means your recovery path when things go wrong runs through that issuer and the card provider, not through the app you originally downloaded. The launch blog’s wording on custody is genuinely ambiguous — it says users keep control “while still retaining custody,” which reads two ways — and I would not lean on that sentence for reassurance.
Security features on the card — 2FA, instant freeze, spending controls — are not stated. In a closing programme, that is worth noticing: the fewer controls you can see, the more you should do manually, and the less you should leave sitting.
The general lesson, which applies far beyond this card: on-chain transfers are irreversible, so a deposit sent on a network the card provider does not support, or to an address belonging to another network, can be lost or need manual support recovery with no guarantee. Check the network before you send. This is the single most common way people lose money on cards like this.
What to take instead
Since the 1inch Card is closed, the useful question is not “is there a better 1inch Card” but “what does a live crypto card look like.” Here are three programmes that are running, with the trade-offs as they state them. I have included their scores for comparison, but the scores do not mean the same thing as mine — they are not ratings of your situation, and none of these will suit everyone.
| Alternative | Score | Card | Who it is for | Annual cost |
|---|---|---|---|---|
| TokenPocket | 5.8 / 10 | Mastercard/Visa debit, on Arbitrum; Fiat24 cards are virtual | A broad list of Europe, plus Australia, Canada, Hong Kong, Japan, Singapore, South Korea and others | Small NFT creation fee partly covered by TokenPocket; no other fees stated |
| MetaMask | 7.1 / 10 | Mastercard; virtual first, Metal optional; issuer Monavate, provider Crypto Life | 45 listed countries/territories; other regions on a waitlist | Virtual free; Metal $199/year |
| KAST | 6.1 / 10 | Visa — Standard, Infinite metal, Infinite gold; virtual and physical, up to 10 cards | Residence-based availability; restricted-region ID rules | Standard 0 USD; Premium 1,000 USD/year; Private 10,000 USD/year |
A few things stand out once you put the three side by side.
TokenPocket has the widest stated reach on paper and the simplest fee story, but a 1% fee on depositing cryptocurrency into the card, which the provider says will later be refunded through rewards and reduced transaction fees. No cashback is stated in the meantime.
MetaMask is the one whose structure most closely resembles the card that is closing: same issuer (Monavate), same card provider (Crypto Life). It spends directly from your connected wallet rather than from a pre-loaded balance, and it works on Linea, Base, Monad and Solana. It is also explicit about the tier difference — the headline 3% Metal cashback drops to 1% after the first $10,000 spent, a limit that only appears in the footnote. Proof of residency is required, and US and UK sign-ups are temporarily closed per the FAQ.
KAST is the most expensive to enter and the most explicit about eligibility. It states plainly that if your country is not on its list, it is not available there, and that living in a supported country while holding only an ID from a restricted region can still make you ineligible. That candour is useful, even if the entry price is not. Its cashback is in USD and paid when a transaction is authorised.
Whatever you pick, check three things before you commit: which networks it supports for the tokens you hold, what it does with your balance if it shuts down, and what the KYC rules are for your country of residence and your document. A card that is live today is still a counterparty you are trusting.
Who I would recommend it to
To nobody, as something to apply for — the applications are closed, and that is the end of the question for anyone who was still deciding.
If you already hold a 1inch Card, I would tell you to treat it as an account you are closing rather than a card you are using. Move the balance out now rather than in December, use the Crypto Life support channel because that is where the balance lives, and keep a written record of every request. If you were planning to spend crypto abroad on Apple Pay and Google Pay, the replacement list above is where to look, and MetaMask is the closest structural match to what the 1inch Card was.
If you have no card and no particular attachment to 1inch, this is a moment to be more demanding of any provider you pick. Ask the question this closure teaches: if this programme ended tomorrow, what would happen to my money, and who would I have to ask? A provider that answers that plainly — the way KAST answers about country availability — is worth more than one with a higher cashback headline.
Frequently asked questions
What is the 1inch Card?
The 1inch Card was a payment card launched on 8 April 2024 in partnership with Mastercard and Crypto Life, issued by Monavate. It came in physical and virtual form and was described as running exclusively on the Mastercard network. The programme is now being discontinued and is closed to new sign-ups, so the card exists only for people who already had one.
How does the 1inch Card work?
At launch, the design was that the card draws on crypto held in your 1inch Wallet, converted to fiat at the moment of payment. That is a prepaid-style model rather than a bank debit card: the card spends a balance you have loaded, so it cannot overdraw. Because the programme is closing, the mechanics matter less than the wind-down — you are being asked to spend or withdraw what remains, not to use the card.
Is 1inch a bank?
No. 1inch is a crypto platform and aggregator, not a bank. The card was issued by Monavate Ltd in the UK or UAB Monavate in the EU, an authorised e-money institution, with Crypto Life as the card provider. Your balance sat in a Monavate e-wallet, not with 1inch, which is why withdrawal questions go to Crypto Life support.
Is the 1inch Card safe to use?
That question is now largely moot, because the programme is being discontinued and you are being advised to move your balance out, with 18 December 2026 named as the furthest foreseeable date. Before that date, treat deposits carefully: user reports include USDC deposits confirmed on-chain that were not credited. Blockchain transfers are irreversible, so always check the network you are sending on.
How do I withdraw money from 1inch?
Sign in to the card account and withdraw or spend your balance as soon as reasonably possible. Your balance sits in a Monavate e-wallet, so withdrawal requests go to Crypto Life support by email or the in-account chat. If Crypto Life does not respond, contact 1inch support with the request, date and channel — it can escalate but cannot action account-level requests itself.
What are the 1inch Card fees?
The card’s own pages do not state them. Unofficial figures from a third-party comparison site in August 2026 report a 0 USD annual fee, 0% foreign transaction fee, a 1.75% crypto conversion fee, and a 2% ATM fee with a 500 USD daily ATM limit. Another aggregator reports a 2% card spend fee on top of the 1.75% conversion fee. None of this is confirmed by 1inch.
Can I still apply for a 1inch Card?
No. New sign-ups are closed as part of the discontinuation, and the notice carries no list of eligible countries. Unofficial sources suggested the card had been offered in the EEA and the UK and not in the US, but since the programme is ending, eligibility is largely academic. If you want a crypto card now, look at the alternatives above instead.
Does the 1inch Card require KYC?
Yes, identity checks were required, handled by the card provider Crypto Life. The exact requirements are not stated on the card’s pages. Unofficial sources describe a basic tier with lower limits alongside standard verification. If KYC is an obstacle for you, this is worth raising with any provider before you start, since verification standards are set by regulation rather than by the card brand.
What happens to my 1inch Card balance?
You are advised to withdraw or spend it as soon as reasonably possible, by signing in to the card account, with 18 December 2026 given as the furthest foreseeable date — a timeline set by the issuer and provider, not a guarantee. Under section 16 of the issuer’s card terms, any remaining e-wallet funds can be redeemed up to six years after account closure.
Is the 1inch Card worth it?
There is no longer a question of value, because you cannot get one. If you held one, the worth was in spending or withdrawing what remains. If you are choosing a crypto card now, weigh the alternatives on the things that actually decide it: which networks are supported, who holds your balance, what the KYC rules are for your country, and what happens to your money if the programme ends. This card is a live lesson in that last question.
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