The card that lets you spend Monero, at a price the fee table makes clear

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

CasperCard is a crypto payment card: you send crypto from your own wallet to the card, the card converts it, and you pay with a Visa. The part that catches my eye is not the Visa. It is the coin list — USDT, USDC, BTC, ETH, XRP, SOL and XMR. Monero on a spending card is rare, and if you hold XMR and want to spend it without converting it somewhere else first, that is the reason this card exists. Everything else about it is thinner than that one fact. The card’s own pages do not name the bank that issues it, do not list the countries you can apply from, do not state whether a physical card exists, and do not publish a single user review that I could find. The score I give it is 5.0 out of 10, and it sits there because of a specific arithmetic problem rather than because the product is broken: the cheapest tier costs EUR 0 a month but takes 7.5% every time you top it up, and that fee is charged before the 1.75%–2.00% conversion fee is added on top.

The conditions described here are current as of October 28, 2026.

Verdict: 5.0 out of 10, and the fee table explains why

The score is 5.0 / 10. The card does something few others do — it will spend Monero and XRP — and it does it through a virtual Visa that works with Apple Pay and Google Pay. But the price of getting value onto the card is steep at the entry tier, the issuer behind the programme is not named, and the eligibility rules are a single sentence. Here is the breakdown by criterion, with the numbers as they stand.

The two marks at the ends are worth holding onto. Eight out of ten for top-up options is genuinely high — seven assets including two privacy coins is a wider door than most cards offer, and the fact that the fee scales down as you pay more is the one piece of genuinely sensible pricing design here. Two out of ten for cost is the opposite: paying 7.5% to load a card that costs nothing to hold is a bad default, and you are only moved off it by paying EUR 50 or EUR 500 a month.

Who this suits: you already hold Monero, XRP or Solana, you want to spend it directly rather than through two conversions, you are comfortable with a virtual card number rather than plastic, and you live somewhere the card will actually be issued. Who it does not suit: anyone optimising for the cheapest way to spend ordinary crypto, anyone who needs a physical card, anyone who wants to know which bank is behind the card before they sign up, and anyone whose bank block or country risk matters more than coin coverage.

There is one more thing I want to flag before the detail. The card’s site and its blog do not quite agree about identity verification — one says you do not need to verify to access services, the other describes verification as a signup step — and I go into that properly further down, because it is the single most confusing thing I found.

Will they give you the card?

Short answer: probably, but the card will not tell you. The official position is that card products are “subject to eligibility, identity verification and availability”. That is the whole of it. The FAQ has a question asking which countries can apply, and the answer is no list — the page exists to acknowledge the question without answering it. There is no statement about citizenship, no statement about residence, and no exclusions published.

That matters more than it sounds. When I looked for crypto cards in general, the reason a country list is not a formality is this: a card number starts with a 6- or 8-digit issuer identification number, and any merchant can look that up to see which institution and country issued it. A shop that sees a mismatch between the card’s issuer country and the billing address may apply extra scrutiny, and some merchants decline prepaid or foreign-issued cards outright. The country of the issuer is not a detail you discover later; it is part of how the card behaves at the till. CasperCard does not publish its issuer or its registration country, so you cannot even do that bit of arithmetic in advance.

There is also a separate screening layer you should know about, whether or not it applies to you. Sanctions screening and issuer risk policy are frequently applied to citizenship and country of birth as well as to country of address, so a clean residence situation does not by itself settle the question. And in the EU, customer due diligence covers name, address, date of birth, nationality and identity documentation, a sanctions check, the purpose of the relationship, and whether you are politically exposed. If due diligence cannot be completed, the rules require the institution to decline the relationship — which is the normal, lawful reason an account gets frozen pending documents.

What I take from all this: treat “subject to eligibility” as meaning the answer is set case by case, and expect to be asked for documents. Prepaid and debit cards are generally available to adults 18 and over, and some issuers set higher limits at that age.

How to get it

The signup itself is short, and you start with an email address. The parts you need to plan around are the card you get and the verification question.

The card is virtual. The card details are shown right after sign-up, and the site puts it plainly: no waiting for plastic. A physical card is not mentioned anywhere in the FAQ — not refused, just absent — so treat it as not offered rather than not yet available. The card’s currency is not stated either.

Verification is the confusing part, and I would not paper over it. The home page says: “You do not need to verify your identity to access our services”, and that verification “may be requested later for specific card features, higher limits or to meet a provider’s requirements”. The blog says something different — that identity verification is a one-time step at signup taking minutes, and that access to the full card number and CVV requires a verified identity. Both statements can be true at once, but read together they mean the same practical thing: you can create an account and get started, and verification will likely arrive as a condition rather than a welcome. Plan for it rather than be surprised by it.

The card number and CVV being visible only to a verified identity is the bit worth weighing carefully. Those two values are the whole of your card security. Anyone who sees them can transact as you, and no amount of app-based freezing helps if the numbers are already out. So the verification you were hoping to skip is in practice the thing standing between your balance and someone else’s spending.

How to activate it: nothing on the site suggests a separate activation step, because the virtual details arrive with the account. The site’s own articles cover activation as part of the general getting-started flow. If you are unsure whether your card is live, the app is the place to check — the same app you use to freeze the card also shows your transactions as they happen.

Fees and limits: what it really costs

This is the section that decides whether the card is worth your money, and the honest answer is that cost depends almost entirely on which tier you pick — and on how often you load.

Three tiers, and the price of loading is where they differ.

Read those two rows against each other. On Whisper you pay EUR 0 a month and 7.5% every time you load. On Wraith you pay EUR 500 a month and 4.5% per load. The break-even is not subtle: if you load often enough that 7.5% of what you send exceeds EUR 500, Wraith is cheaper than Whisper, which for most people happens only at high volume. If you load once a quarter, EUR 50 a month for Phantom is already hard to justify against 7.5% of a modest transfer.

The conversion fee is a separate line and it stacks. It is 1.75%–2.00% on every tier, set by the issuing bank, and it is charged *in addition to* the top-up fee. Crypto is converted to local currency at the moment of payment, not when you load. So a EUR 100 spend funded through Whisper costs you the 7.5% top-up fee plus the 1.75%–2.00% conversion fee at the payment step. That is not a rounding error against a merchant surcharge; it is the difference between a card that is convenient and a card that is expensive.

Now let me take three ordinary payments and run them through, because the fees behave differently depending on size and frequency.

A EUR 20 coffee. Funded from a stablecoin on Whisper, this is where small payments hurt. Top up EUR 20 and you lose 7.5% — EUR 1.50 — before the card even exists. Then EUR 20 is converted and 1.75%–2.00% comes off the top, roughly EUR 0.35–0.40. On Phantom at 6% the same purchase costs less; on Wraith at 4.5% less again before the EUR 500 subscription is counted. For anyone paying for small things repeatedly, none of this is sensible.

A EUR 300 supermarket run. Same structure, less brutal proportionally. On Whisper: EUR 22.50 top-up plus roughly EUR 5.25–6.00 conversion. On Phantom: EUR 18 plus the same conversion. On Wraith: EUR 13.50 plus conversion, against EUR 500 a month. If this is your main use and you are not spending five figures monthly, Phantom is the closest to rational and Whisper is the expensive one.

A standard monthly spend. On Whisper: you pay the 7.5% top-up fee plus the 1.75%–2.00% conversion fee. On Phantom: you pay 6% plus 1.75%–2.00%. On Wraith: you pay 4.5% plus 1.75%–2.00%, and if you also hit the monthly limit question you would be talking to them about custom limits anyway. Here Wraith’s EUR 500 starts to look defensible if you are moving that much every month and the alternative is a higher toll on the same movement.

One structural note that keeps coming up: no separate issuance fee is listed for any tier, and there is no ATM or cash-withdrawal information at all. Daily limits are not published. Those are not small omissions — cash withdrawal is the classic way people get themselves into trouble with crypto cards, because fees compound per transaction and per withdrawal, and not knowing whether the card does it at all is worse than knowing it does not.

How to Top up: send crypto from your wallet

You top up by transferring crypto from your own wallet, and the card accepts seven assets: USDT, USDC, BTC, ETH, XRP, SOL and XMR. No fiat top-up option is described, and no minimum is published.

Which is where the one genuinely sharp edge in this product sits. The card does not name the networks it supports. This is not a technicality. A stablecoin exists on many chains and the same token on the wrong chain is a different, often unrecoverable, thing: ERC-20 tokens on Ethereum need ETH in the wallet for gas, so a wallet holding USDT with no ETH cannot send it; Tron prices fees with bandwidth and energy and burns TRX; and Circle stopped supporting USDC on Tron in February 2024, so USDC over TRC-20 is not a native option on that chain. Transfers are irreversible by design — the network cannot freeze or return them. Send on a network the provider does not support, or to an address belonging to a different network, and the money can be gone or be a long manual support request with no guarantee of outcome. Card-supporting networks being unnamed means this is a question to ask *before* your first transfer, not after.

Two costs sit on the funding step, and it is worth keeping them apart. The CasperCard top-up fee is the 7.5% / 6% / 4.5% by tier from the table above. The network fee is separate and is not CasperCard’s revenue — it goes to the blockchain network. On Ethereum that can be pennies or several dollars depending on conditions; it is not the card’s fault and not the card’s pricing, but it is your cost.

On the coin list itself, the two dollar-pegged options are the safe default and deserve one line of context. USDT and USDC are the US-dollar-pegged stablecoins, and the BIS put about 90% of stablecoin market capitalisation in those two as of July 2025. Circle says USDC is redeemable 1:1 for USD and 100% backed by cash and cash equivalents, mostly in a government money market fund, with monthly reserve attestations. Circle lists USDC as natively supported on 38 networks as of 16 September 2026, including Ethereum, Solana, Base, Polygon PoS, Avalanche, Arbitrum and Stellar. None of that makes them stable — USDC temporarily lost its peg in March 2023 during the US banking crisis, and TerraUSD collapsed outright in May 2022 — but it explains why USDT and USDC sit first in the list.

XRP, SOL and XMR are the reason to look at this card rather than a dozen others. What I cannot tell you is what happens to them on the way in: no minimum, no network, no stated slippage or conversion handling for non-dollar assets.

Paying with it every day

The everyday mechanics are ordinary: a virtual Visa, plus Apple Pay and Google Pay, and crypto converted at the moment of payment. Apple Pay covers iPhone, Apple Watch and Mac; Google Pay covers Android and web checkout. Using the phone wallets rather than the raw card number is the sensible default for reasons that go beyond convenience — a tokenised wallet number is replaced by a device-specific account number held in the phone’s Secure Element, never on Apple’s servers, and each payment carries a one-time dynamic code. The issuer can also restrict a tokenised number, blocking it on magnetic stripe, phone or website use, so you can turn off the channels you do not want. If the virtual number is ever exposed, that is exactly why the phone wallet matters.

What is not disclosed in everyday use: which merchant categories are blocked. This is not a technicality. Gambling, for example, sits under a specific merchant category code that many issuers block by policy rather than by law, and every issuer’s list is different. Whether CasperCard blocks it, and what else it blocks, is not on the pages I read. Nor is anything about disputed transactions — no chargeback process is described, and no rule is stated about who you would claim against.

Cashback exists, and it is worth knowing about. Shopping with the CasperCard Visa through listed partner shops earns cashback credited to the CasperCard wallet: Ledger at 10% and EncryptedOS at 20%. The catch is that no currency, cap or minimum is stated for either. A 20% rate with an unpublished cap is not a yield; it is a promotional rate of unstated duration. Read it as a small perk, not a reason to choose the card.

The app is the control centre. The site directs you to “the app” for freezing the card in one tap, and for reviewing transactions as they happen. Platforms and store ratings are not stated, which is its own kind of information — I cannot tell you whether there is an Android build or an iOS one, or what users rate it.

What can go wrong

The unknowns are the main risk here, and I have found no evidence of an actual incident. No official incidents surfaced, and no CasperCard reviews on Trustpilot or Reddit — there does not appear to be a Trustpilot page at all. An absence of complaints from a product with no visible user base tells you about the user base, not about the product.

The issuer is not named. The cards are “issued by a licensed issuing partner”. That phrase is standard, and it is also unfalsifiable from the outside: you cannot check a licence, look up a regulator register, or find out how the customer funds are safeguarded, because you do not know who the entity is. The site carries a 2026 copyright and nothing about where the company is registered or what licences it holds. This is the single largest gap, and it is not a small one.

Balances sit with someone. The custody model is not stated, and this matters more here than with a self-custody card because the card converts to fiat and holds a balance that has to sit somewhere while you spend it. The general risk is well documented: custodial platforms have a genuine record of failure — Mt. Gox (about US$350 million reported stolen, 2011–2014), Coincheck (about US$400 million in 2018), Ronin Network (US$625 million in 2022). And a self-custody card does not remove risk, it relocates it: your funds stay in your wallet until the moment of payment, but you carry sole responsibility for key loss, phishing, and clipboard-hijacking malware that silently swaps an address you copied.

Programmes do get closed. This is the failure mode that does not show up in reviews because it is slow. Visa terminated its global agreements with FTX on 13 November 2022 and the FTX US debit card was wound down by its issuer. WaveCrest, a Visa issuer that supplied several crypto card brands, was suspended by Visa in Europe in 2018, closing all WaveCrest-issued Visa programmes. The shape of a closure is always the same: a notice period, then loading and spending stop, then you are asked to withdraw what is left. One 2026 closure, reported by a single secondary source and unconfirmed, had new loads ending 8 July 2026 and spending stopping 8 August 2026. So the risk is not “you will be scammed”. It is “the thing you have loaded is not yours if the arrangement ends”, which is why I would not keep a large balance on it.

Regulatory exposure is real and moving. In the EU, MiCA is the crypto-side framework, and it bites in stages: ESMA states it took legal effect in June 2023, with the asset-referenced and e-money token rules applying from 30 June 2024 and the remaining provisions, including crypto-asset service provider rules, from 30 December 2024. Providers operating under national law had a transitional period running only until 1 July 2026 or until a MiCA authorisation was granted or refused, whichever came first. A CASP authorised in one member state can serve the whole EU. Note also that a card is a payment service regulated separately — a crypto card often rests on two licences, and the card side is not covered by MiCA. If you want to check a provider, ESMA keeps an interim register of authorised CASPs, white papers and non-compliant entities. On customer money: an e-money institution must safeguard funds by segregating them or insuring them, but those are not bank deposits and a deposit guarantee scheme may not apply. In the US, FinCEN guidance (FIN-2013-G001) treats administrators and exchangers of convertible virtual currency as money transmitters, while ordinary users buying goods are not.

Decimals at the till. Declined payments can leave a hold that stays for days, typically up to 7. Address verification is mainly offered in the US, Canada and the UK and is generally unavailable for foreign-issued cards, which can cause declines. 3-D Secure — Visa calls its version Visa Secure — can shift liability for fraudulent online payments, sometimes toward you. And stablecoins are not censorship-proof: Tether says it disables tokens in wallets on the OFAC sanctions list and has frozen funds tied to illicit activity.

Taxes are yours. The IRS treats digital assets as property, so converting them for goods or dollars generally produces a taxable gain or loss, measured in local currency at fair market value on the transaction date. Since this card converts at the moment of payment, each card purchase funded from crypto can be its own separate disposal. I am not going to tell you what that means for you — that is your accountant’s conversation, not mine — but you should expect the paperwork to exist and not be surprised by it.

Support is thin and unquantified. Email at [email protected] and a Telegram channel at t.me/caspercardapp. Hours are not stated. The blog is published in English, Spanish, German, Italian and Albanian. Blog posts went out on 24 September, 27 September and 2 October 2026, all of them guides — on crypto Visa cards, on KYC, on fees — and none of them a licence or issuer announcement.

What to take instead

I compared three cards that sit in the same general space. All three scored below or around CasperCard, which is worth saying plainly: this is not a field with a clear winner, and the score differences are narrow.

Cardex is the closest on score and the widest on card form — virtual *and* physical, on four networks. It markets itself as “one crypto card, 200+ countries”, though no country list or exclusions are published, and its App Store listing is Naira-focused, with the card currency given as Naira. It converts in real time at the moment of payment and claims an “AI-Powered Conversion Rate” that scans global exchange rates and picks the best one when you spend — a nice idea, but no fee percentage is stated, so you are being asked to trust a marketing phrase. It funds from USDT, USDC and BTC wallets, networks not stated. No rewards are described. If you need physical plastic or are paid in naira, it is worth a look; if you need Monero, it is not a substitute.

CardFlow is aimed at Nigeria — “Nigeria’s smartest fintech card platform” and “Nigerians and global users” — and gives a virtual USD Mastercard created in 3 minutes. Creating the virtual card is described as completely free, with no monthly fee stated and no conversion fee published. It funds from Bitcoin, USDT, ETH or a Naira bank transfer. For a Nigerian user spending naira, the appeal is obvious; the absence of any published fee is the catch.

HyperCard is a prepaid card with the least disclosed. Its official pages carry no country list; the App Store says the card works in “more than 176 countries”, which describes acceptance, not who can be approved — a distinction worth holding on to. The network is not stated on the App Store page, no fees are listed anywhere I could read, and you deposit crypto such as USDT, BTC or ETH in the app to be converted to USD or EUR.

My honest read on the comparison. Cardex edges ahead on score and on what it actually tells you about the product. But the thing that distinguishes CasperCard is not in any of these numbers: none of the other three lists Monero, and none of them has a published fee schedule you can check before committing. If your coins are BTC, ETH, USDT or USDC — the coins everyone accepts — you will find cheaper, better-documented options. If they are XMR or XRP, your comparison set is roughly one card wide.

Who I would recommend it to

I would recommend it, with a specific condition, to someone who holds Monero or XRP, spends it regularly in modest amounts, and has no better option for those two assets. The coin list is the product. Seven assets including two privacy coins is genuinely rare, and if XMR is what you are holding, a card that will spend it directly removes a conversion step and a counterparty that would otherwise stand between you and the purchase.

The condition: check the supported networks and the issuer’s identity by email before you send anything, and treat the balance as spend-it-soon rather than store-it. Keep small sums on it. If you are reading this deciding between cards and your coins are the usual ones, I would not pick this one — the 7.5% entry-tier top-up fee on top of 1.75%–2.00% conversion is a worse deal than you can get elsewhere, and you would be paying for coin variety you do not use.

If you need a physical card, this is not it — the only card on offer is virtual. If your bank’s blocking or your country’s regulatory position makes an unnamed issuer a dealbreaker, stop here, because you cannot resolve that from anything the card publishes.

And whatever you decide: do not load more than you are willing to lose the ability to spend. Programme closures are normal, the balances are not insured as bank deposits are, and the issuer behind this one has not told you its name.

Frequently asked questions

What is CasperCard?

CasperCard is a crypto payment card. You send crypto from your own wallet to the card, it converts that into a spendable balance, and you pay with a Visa — currently a virtual one, with details shown right after sign-up and no waiting for plastic. It accepts seven assets: USDT, USDC, BTC, ETH, XRP, SOL and XMR. What stands out is the coin list, not the card. The card’s physical form, its currency and the identity of the licensed issuing partner are not stated.

How does CasperCard work?

You transfer crypto from your own wallet, paying the tier’s top-up fee plus whatever network fee the blockchain charges. The card converts the crypto to local currency at the moment of payment, and a conversion fee of 1.75%–2.00%, set by the issuing bank, applies on top of the top-up fee. Because the balance is loaded rather than drawn from a linked bank account, it behaves much like a prepaid card and cannot overdraw.

Is CasperCard a bank?

No, and the site does not claim to be one. The cards are “issued by a licensed issuing partner” that is not named, and the registration country and licences of the company itself are not stated. That is the honest answer and it is also the main limitation: because the issuing entity is not identified, you cannot check a licence or a regulator register. A card is a payment service regulated separately from the crypto side, so a product like this often rests on two licences.

Does CasperCard require KYC?

Partly, and the site is genuinely unclear about the sequence. The home page says you do not need to verify your identity to access services, and that verification may be requested later for specific card features, higher limits, or to meet a provider’s requirements. The blog describes verification as a one-time signup step taking minutes, and says the full card number and CVV require verified identity. Plan on being asked, and treat the card number and CVV as the sensitive part.

Is CasperCard free?

It depends on the tier, and the answer is not flattering. There are three: Whisper at EUR 0 a month, Phantom at EUR 50, and Wraith at EUR 500. No separate issuance fee is listed for any of them. But the free tier charges 7.5% on every stablecoin top-up, so the EUR 0 tier is the most expensive one to actually use unless you barely load at all.

What are CasperCard’s fees?

On top of a conversion fee of 1.75%–2.00% on every tier, charged on top of the top-up fee, the stablecoin top-up fee is 7.5% on Whisper, 6% on Phantom and 4.5% on Wraith. Blockchain network fees are separate and go to the network, not to CasperCard. ATM and cash-withdrawal fees are not stated anywhere on the card’s public pages, and daily limits are not published either.

How do I top up CasperCard?

By sending crypto from your own wallet: USDT, USDC, BTC, ETH, XRP, SOL or XMR. The networks are not specified, which is the part to resolve before your first transfer, because sending on the wrong chain is generally irreversible and can be lost. No fiat top-up option and no minimum are described. Ask support which networks are supported for your coin before sending anything.

Can I add CasperCard to Apple Wallet?

Apple Pay is supported, on iPhone, Apple Watch and Mac, and Google Pay covers Android and web checkout. Using the tokenised wallet number rather than the raw virtual card number is the sensible default: the device holds its own account number in the Secure Element, never on Apple’s servers, and each payment uses a one-time dynamic code. You can also ask the issuer to restrict the tokenised number to certain channels.

Is CasperCard safe?

There is no evidence of harm — no official incidents surfaced and no reviews found on Trustpilot or Reddit, though there appears to be no Trustpilot page at all, so that silence is not reassurance. The genuine concerns are structural: the issuing bank is unnamed, the custody model is not stated, balances are not the same as insured bank deposits, and card programmes do get closed. You can freeze the card in one tap and review transactions in the app.

How do I withdraw money or close my account?

Neither is described on the card’s public pages: withdrawal is not stated, and no account-deletion process is published. Support is reachable by email at [email protected] and on Telegram at t.me/caspercardapp, with no stated hours. If closing is something you might want to do, ask both of those channels directly how balances are returned before you load money.

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