A prepaid card for crypto holders who have no bank card in reach

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

The Floki card is a prepaid Mastercard that you fund with crypto, and it exists for a specific person: someone who holds coins, wants to spend them in an ordinary shop, and cannot open a normal bank account. That last part matters more than it sounds. For a great many readers, the blocker is not a fee or an app but a nationality, an address, a document they do not have, or a bank that will not look at their application at all. The Floki card is built for that gap. Physical plastic is offered in 31 European countries, and a virtual version is described as available worldwide, with an explicit exclusion for countries under OFAC sanctions and anywhere the issuing banks do not permit.

I scored it 6.5 out of 10. That is a middling mark on a card that solves a real problem and, at the same time, leaves a good deal unsaid on its own public pages. The strong point is what you can fund it with: nine coins and four stablecoins across a long list of networks. The weak point is disclosure. No maintenance fee is stated, no ATM terms are stated, no delivery time is stated, and the issuing bank is not named anywhere on the card’s pages. I can tell you what is written and what is not; I cannot tell you what is true behind the silence.

Conditions described here are current as of October 28, 2026.

Who it is for

Floki is best understood as a crypto brand that fronts a card programme rather than a bank itself. On its legal pages the contact entity is Block Forge S.R.L. in San José, Costa Rica, and the site describes itself as powered by FNT Crypto. The issuing bank is not named on the card pages. Unofficial sources name Global Unit Pay (GUP-CH AG), a Swiss financial intermediary affiliated with SO-FIT (FINMA-recognised), as the issuer of the related FNT card. Treat that as unconfirmed: it comes from a third-party site, not from Floki.

That structure is normal for this category. In a typical crypto card setup, the card network (Visa or Mastercard) routes the messages and writes the rules, a licensed bank or e-money institution holds the actual card programme, and the crypto name is the programme manager and the shop window. Visa and Mastercard do not themselves issue crypto cards to consumers; they license issuers and can suspend a programme. Visa terminated its global agreements with FTX on 13 November 2022, and the FTX US debit card was wound down by its issuer.

On eligibility, here is what is actually stated: physical cards in 31 European countries, virtual cards worldwide, and no availability in countries under OFAC sanctions or where the issuing banks do not permit. Two things follow from that sentence, and both are worth pausing on. First, “worldwide” for the virtual card is the card’s claim, and the same paragraph immediately narrows it — the issuing bank’s permission is the real ceiling, and it is not a fixed line you can read. Second, no country list of the 31 is published where I looked. If you are outside Europe and want plastic, you will be told yes or no at application time, not from a page you can check beforehand.

If you are in Europe, the 31 countries is the single most useful fact on this page, and it is why I did not mark this section lower. Your physical route exists. If you are elsewhere, your route is the virtual card, and your actual question is less “which countries” and more “will my issuing bank permit a card for me.”

There is one more class of reader I should name. If you have a perfectly good bank card and a perfectly good exchange card, this one is a curiosity — 0% transaction fee and 0% exchange rate fee on the card’s own terms is nice, but you already had a way to pay. The card earns its place for the person with no alternative, not for the person with three.

How to get it

The card is prepaid, in both physical and virtual form, and on the Mastercard network according to news reports — the card’s own page only says “common cards,” so treat the Mastercard detail as reported rather than published by the company. The card currency is not stated.

On identity checks, the honest position is this: the official page does not mention KYC. That is not the same as “no KYC.” Third-party reporting on the closely related FNT Crypto Card describes full KYC before issuance — passport or ID plus a selfie, through a web portal or a Telegram mini-app — but that source is unofficial and describes a related card, not Floki’s own pages. What you should expect in practice is verification of some kind. 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 a politically exposed person. If due diligence cannot be completed, the institution is required to stand back from the transaction or relationship, and where necessary close an existing one — which is the ordinary reason an account gets frozen pending documents. Nationality is screened separately from residence, because sanctions screening and issuer risk policy usually apply to citizenship and country of birth as well as to your address.

The card’s identity tiers, if there are any, are not stated. Delivery time is not stated. The card’s Telegram channel offers 24/7 support for buying and storing FLOKI, and there is a support address at [email protected], but no card-specific support channel is named.

So the honest answer to “how do I apply” is: through Floki’s site, and expect to be asked who you are before the card arrives. What I would want you to check before you go further is the issuer name. If a card programme is worth having, you want to know which institution stands behind it, because that institution is the one that decides whether your account survives a compliance review.

Fees: what it really costs

This is where the card’s disclosure is thinnest and where I would slow you down. Here is everything the card states, and I have marked what it does not.

The headline numbers look excellent. Two percent to load, nothing per transaction, nothing for the exchange rate. Then the FX row says “may apply” without a number, which is the single most important gap on this page for anyone actually living outside a euro economy. If you are in the United States, in the UK, in Nigeria or anywhere else, the rate you get on a non-native-currency purchase is the difference between paying the price and paying the price plus a hidden margin — and you cannot model your own spending without it.

The monthly fee is the other gap. Third-party reporting on the related FNT card mentions a possible maintenance fee of 15 EUR a month or 150 EUR a year, to be verified in the app. That is unconfirmed and it is not Floki’s published figure, so I am not treating it as fact. But you should treat the possibility as live and go and look for it in the app before you settle money onto a card you plan to keep for a year. A 10% annual charge on a card whose other fees are zero would change the whole arithmetic.

ATM fees are simply absent from the public pages. The same third-party source describes a 0% FNT fee with operator fees possibly applying — unofficial, related card, treat as a hint rather than a number.

Now let me run three ordinary payments through these numbers, because a fee table on its own tells you nothing about what a Tuesday costs.

Coffee, €3.50, card loaded with €100 of value. Nothing comes off the 2% again — that is a top-up fee, already paid when you loaded. The transaction fee is 0%. The exchange rate fee is 0%. If your card currency is the euro, or if the merchant prices in euros, this payment costs €3.50 and nothing more. This is the case the fee table is built for.

A £40 online subscription, paid from the same balance. This is where “may apply” earns its keep. Your card currency is not stated, so I cannot tell you whether this counts as a foreign-currency purchase. If it does, an undisclosed fee sits between you and the merchant, and you will not know the rate until the statement arrives. If you are outside the euro area, this is the payment to run a small test first.

A £60 withdrawal at a cash machine in Lisbon. Here two unknowns stack. The card says nothing about ATM terms at all, and the FX line applies to any cash-machine transaction priced in a currency that is not your card’s. So this one payment can carry an operator fee, a possible FX fee, and an unknown spread, and you cannot predict any of the three from the published page.

Two more practical limits to know before you plan around them. The monthly ceiling is 20,000 USDT. Daily, physical cards go to 10,000 USDT and virtual cards to 5,000 USDT — a virtual card at half the daily ceiling of the plastic one, which matters if you are splitting the same funds across both. And the card’s own news announcement on 9 December 2024, when Floki and Mastercard announced this debit card for 31 European countries, put the daily limit at 5,000 USDT. The current pages state a higher physical figure, so the December 2024 number appears to have been the early position; the page figures are the ones I would plan on.

What about discount tiers? Third-party reporting describes FNT tiers by FNTIO holdings — Basic 0%, Silver 1,000 FNTIO 10%, Gold 10,000 20%, Platinum 50,000 30%, Black 100,000 40%. All unofficial, and none of it appears on the card’s own page. Hold that thought rather than budgeting around it.

How to top it up

This is the card’s best section, and the one I scored highest. Here is the full list as published:

• Coins: BTC, ETH, BNB, SOL, FLOKI, DOGS, HMSTR, TON, NOT
• USDT: ERC-20, TRC-20, BSC, Algorand, TON, Polygon
• USDC: ERC-20, Polygon, Stellar, Algorand
• Also: EURT and XAUT

That is nine coins and four stablecoins, and USDT alone on six networks. For someone who already holds assets on Polygon or TON and does not want to move them to fund a lunch, that is a genuinely useful list — and it is the reason the card scores 9 out of 10 here. The minimum top-up is not stated. Which party pays the network fee is not stated.

Two things about the mechanism. First, the 2% fee is charged on top-up, and the crypto is converted to fiat as you load. So you are not spending USDT at the moment of purchase; you are selling into a fiat balance at the moment of loading, and the card then spends that balance. Second, and this is the one that should stop you before you start, converting the balance back to crypto is not supported. The card’s page answers “No.” Once your crypto has been turned into spendable fiat balance, the road back to crypto does not exist on the card. If your reason for holding is that you expect to hold, this card is a one-way instrument and you should know that on day one, not after a bad month.

The network mechanics are worth a paragraph, because they are where deposits get lost. If you send USDT on ERC-20, fees — gas — are paid only in ETH, so a wallet holding USDT and no ETH cannot send at all. On Tron, fees are paid through bandwidth and energy resources, often by burning TRX. And blockchain transfers are irreversible: a deposit sent on a network the provider does not support, or to an address belonging to a different network, can be lost or need manual recovery with no guarantee. The list above tells you what Floki supports. It does not protect you from a copy-paste error on your own side.

Paying with it every day

The card is virtual and physical. Plastic is issued in 31 European countries. The page says contactless works “when added to mobile wallets” but does not name them — Apple Pay and Google Pay are not mentioned officially. Third-party reporting on the related FNT card says both are supported; again, unofficial, related card, but plausible given how the card is described.

There is no dedicated app named. The page refers to “a secure digital interface.” Whatever that turns out to be, it is the place where the unstated monthly fee would show, the place where limits live, and the place you would freeze the card — so its quality matters more than the fact of its existence.

Two everyday-use items are simply not stated: rewards, and how disputes work. The second one is the one to think about. A chargeback is a refund ordered by your card issuer to settle a dispute, with reason codes like fraud, duplicate billing, or goods not received. In the US, debit card reversal rights come from Regulation E and credit card rights from Regulation Z; prepaid-card coverage varies and should not be assumed. If you are paying for something non-refundable from a prepaid card whose dispute process is undocumented, weigh it differently from paying with a debit card under Regulation E.

Some payments will simply be refused, and none of that is Floki’s decision. A card number starts with a 6- or 8-digit issuer identification number, and merchants can look it up to see which institution and country issued the card — and may apply extra scrutiny when the issuer country differs from your billing address. This is why a card issued in one country can look foreign to a shop in another. Some merchants decline prepaid or foreign-issued cards precisely because that lookup reveals what you are holding. The card’s own page acknowledges this from the other side: issuing banks may restrict by country, region or merchant, and merchants may refuse prepaid virtual cards. Address Verification Service, which compares the numeric parts of the billing address you type against issuer records, is mainly offered in the US, Canada and the UK and is generally unavailable for foreign-issued cards — which can cause declines for reasons that have nothing to do with you.

Two smaller things you may hit. A merchant category code is a four-digit number classifying a business, assigned when it starts accepting cards; MCC 7995 covers gambling, and many issuers block it on specific cards by policy rather than by law. And a declined authorisation may leave a hold on your funds that can stay for several days, typically up to seven.

If Apple Pay and Google Pay do work, that changes daily life more than any fee. Tokenisation replaces the card number with a device-specific number stored in the Secure Element, never on Apple’s servers, and each payment uses a one-time dynamic security code. It also gives you a remote kill switch, since an issuer can restrict a tokenised number. On that basis I would make “can I add this card to my phone” your first practical question — after the issuer question.

What can go wrong

Let me separate two things: what I found wrong with this card, and what can go wrong with cards like it.

On the card itself, the complaints picture is close to blank, and blank is not the same as clean. No official incident was found. Searches turned up no Trustpilot reviews and no Reddit discussion — a search run on 21 October 2026 found neither, and I would rather tell you that honestly than dress it up as a reputation. A card with no reviews usually means it is young or small, and a card with no reviews has no track record when something goes wrong. You will be improvising, as would support.

The concrete risks, in rough order of how much they should bother you:

The one-way door. You cannot convert the balance back to crypto. This is stated, not a defect, but it is the single feature most likely to cause regret. A balance you loaded in a good month is a balance you spend in a bad month, on this card.

The unnamed issuer. Not disclosed on the page. Until you know which institution holds your balance, you cannot answer basic questions: is it safeguarded, under which licence, and what happens to your money if the programme ends? Programme closures tend to follow a pattern — notice, then spending and loading stop, then users are asked to withdraw remaining balances.

The undisclosed monthly fee. Possible per third-party sources, absent from the page. Know your number before you commit.

Country restrictions applied after the fact. The card’s own page says issuing banks may restrict by country, region or merchant. A card that works today can be restricted without much warning, and the restriction is not the crypto brand’s to undo.

Merchant refusal. Prepaid and foreign-issued cards get declined, and the reason code will not always be obvious.

Loss of keys is not the risk here. This is a custodial, pre-loaded model — you convert first, then spend, so the card cannot overdraw. The risk sits on the other side: with a custodial wallet the provider holds the credentials, so you must trust them completely. Control of crypto belongs to whoever holds the private key or seed phrase, and a seed phrase is typically 12 to 24 words in an unencrypted form; anyone who obtains it can restore the wallet and spend the funds. Transfers are irreversible and a stolen key has no built-in recovery — the network cannot freeze or return the funds. Custodial platforms have a real record of this: Mt. Gox, about US$350 million reported stolen between 2011 and 2014; Coincheck, about US$400 million in 2018; Ronin Network, US$625 million in 2022.

Regulatory change around you. In the EU, MiCA took legal effect in June 2023; its rules on stablecoins applied from 30 June 2024 and the CASP provisions from 30 December 2024. The transitional period lets providers already operating under national law continue only until 1 July 2026 or until they are authorised or refused under MiCA, whichever comes first — which means the regulatory footing of any provider you use today is not necessarily the footing it will have later. Under MiCA, e-money tokens may be issued only by a credit institution or an electronic money institution. Separately, a card is a payment service regulated under e-money and payment-services law, so a crypto card often depends on two licences. EMIs must safeguard customer funds by segregating them in dedicated accounts or insuring them, but those funds are not the same as bank deposits and may not sit under a deposit guarantee scheme.

Stablecoins are not as stable as the name. Tether’s USDT and Circle’s USDC are dollar-pegged, and the BIS put about 90% of stablecoin market capitalisation in those two as of July 2025. USDC lost its peg temporarily in March 2023 during the US banking crisis; TerraUSD collapsed in May 2022. Circle lists USDC on 38 networks as of 16 September 2026, including Ethereum, Solana, Base, Polygon PoS, Avalanche, Arbitrum and Stellar. One practical trap: Circle stopped supporting USDC on Tron in February 2024, so “USDC over TRC20” is not a native option — while USDT on TRC-20 is on this card’s list. And Tether disables tokens in wallets on the OFAC sanctions list and has frozen funds tied to illicit activity, so stablecoins are not censorship-proof.

What I have not found, and you should notice the absence: the card’s own security arrangements — two-factor authentication, freeze, spending caps — are not stated. The dispute process is not stated. Reward structure is not stated. Those are three of the things you would want documented before you keep a balance here.

A tax note, because it is a real cost and it is not a fee. The IRS treats digital assets as property, so exchanging them for goods, services or dollars generally produces a taxable gain or loss, measured in local currency at fair market value on the transaction date. Each card payment funded from crypto may be a separate disposal. I am not giving you tax advice and I am not qualified to — but if your situation involves real amounts, take this to a professional in your own country rather than to me.

What to take instead

Three alternatives came up in the same category, and it is worth being blunt: none of them is clearly stronger for the person this card is actually built for. Cardex scores 5.6, CardFlow 4.9, HyperCard 4.7 — all below Floki’s 6.5. I would not switch on the strength of that alone; I would switch on whether the missing facts that matter to you are filled in.

Three observations. First, funding breadth: Floki is the only one of the four that names its networks. Cardex, CardFlow and HyperCard all list assets without networks, which is exactly the information you need to avoid a deposit that cannot arrive.

Second, Cardex’s “200+ countries” claim is broader on paper than anything else here, but it comes with no exclusions and an app listing that is Naira-focused, and its conversion fee is described rather than numbered. CardFlow is explicitly Nigerian, its virtual card is free to create, and it takes a Naira bank transfer as well as crypto. If you are in Nigeria and want a naira card rather than a dollar one, CardFlow’s framing may simply fit you better.

Third, and most important: not one of these four states its issuer. Floki’s card pages do not name theirs, and I could not find one for the others either. That silence is a category-wide pattern, not a Floki failing — and it is the first thing I would push on with any of them.

I should also mention the option that is not on this list. If you can get a plain prepaid Visa or Mastercard from a bank or a fintech in your own country, and you can fund it from a low-cost exchange, that is usually cheaper and more durable than any of the four. Crypto cards exist because that route is closed to many people. If it is not closed to you, take it.

Who I would recommend this to

I would recommend the Floki card to a European holder of crypto who cannot get a bank card, who wants to spend in shops without opening a brokerage account every time, and who will accept that the money on it is fiat from the moment it lands and cannot go back to crypto. For someone who already holds USDT on Polygon or TON, or coins on TON or SOL, the funding list is a real advantage over the three alternatives — you are not shuffling assets to buy lunch.

I would not recommend it as the only card you hold, because the monthly fee is undisclosed and the dispute process is undocumented. I would not recommend it to anyone whose plan involves moving value back into crypto, because that door does not open. And I would be careful with it as your only cash access abroad, because the ATM terms are not stated and the FX terms are not stated, and cash-machine spending is where both apply at once.

Before you commit, three checks, in this order. Find out who the issuing bank is and under what licence — this matters more than every fee on the page. Find out the monthly fee and the FX rate in the app, because the published page leaves both blank. And send a small test amount first, on a network you are certain about, before you move anything you would miss.

Where do I come out overall? 6.5 out of 10, which is roughly: right idea, right funding list, thin paper. The card is built by people who understand that the binding constraint for crypto users is access, not fees — and it delivers on access in Europe. What it does not do is tell you the things that protect you. That may be a page that will improve; today it is not there.

Frequently asked questions

What is the Floki card?

The Floki card is a prepaid payment card that you fund with cryptocurrency. You send crypto to it, it converts that crypto into a fiat balance, and you spend the balance in shops, online or at a cash machine — no brokerage account needed at the point of sale. It comes in physical form, which the card says is issued in 31 European countries, and in virtual form, described as available worldwide except OFAC-sanctioned countries and places where the issuing banks do not permit. It is Mastercard per news reports, though the card’s own page only says “common cards”.

Is Floki a bank?

No. Floki is a crypto company, and its listed legal contact is Block Forge S.R.L. in San José, Costa Rica, with the site describing itself as powered by FNT Crypto. The issuing bank is not named on the card’s pages. Third-party reporting names Global Unit Pay (GUP-CH AG), a Swiss financial intermediary affiliated with SO-FIT, as the issuer of the related FNT card — unofficial, and worth confirming yourself. In any crypto card, the bank or licensed e-money institution holds the programme, not the crypto brand.

How do I get a Floki card?

You apply through Floki’s own site, choosing virtual or physical, and pay the issuance fee — 10 EUR for virtual, 32 EUR for physical. Expect to be asked who you are: the official page does not mention KYC, but third-party reporting on the related FNT card describes passport or ID plus a selfie before issuance. Nobody states delivery times for the physical card, so if the date matters, ask before you pay.

Does the Floki card require KYC?

The card’s official page does not mention KYC at all, which is not the same as requiring none. In practice expect verification, because EU rules require customer due diligence covering name, address, date of birth, nationality and identity documentation, a sanctions check and a PEP check. If that cannot be completed, the institution is expected to refuse the relationship — which is the ordinary reason accounts get closed or frozen. Nationality is also screened separately from your address.

What can I fund the Floki card with?

Nine coins — BTC, ETH, BNB, SOL, FLOKI, DOGS, HMSTR, TON and NOT — plus four stablecoins: USDT on ERC-20, TRC-20, BSC, Algorand, TON and Polygon; USDC on ERC-20, Polygon, Stellar and Algorand; and also EURT and XAUT. Top-up costs 2% and your crypto is converted to fiat at that point. Note that USDC on Tron is not native — Circle stopped supporting it in February 2024 — while USDT on TRC-20 is on the list.

Can I turn my balance back into crypto?

No, and this is the card’s clearest answer: its page says converting the balance back to crypto is not supported. Once crypto becomes spendable fiat balance, it stays fiat balance as far as this card is concerned. On-chain network fees for your deposit are also charged by the blockchain, not the card provider, and the card does not state who pays them. So budget for top-up as one-way, not as a wallet you can move money out of.

What does a Floki card payment cost?

A 2% fee when you top up, 0% transaction fee and 0% exchange rate fee on the card’s own figures. Two things are not stated and both matter: FX fees “may apply” on purchases in a non-native currency, with no rate given, and there is no published monthly fee — third-party sources mention a possible 15 EUR a month for the related FNT card. Check both in the app before you keep a balance. Limits are 20,000 USDT a month, 10,000 USDT a day on physical cards and 5,000 USDT a day on virtual.

Is the Floki card safe?

There is no track record either way, which is the honest answer. No official incident was found, and searches on 21 October 2026 turned up no Trustpilot or Reddit reviews at all — which usually means young and small, not proven. Its security arrangements, dispute process and rewards are not stated on the public pages. Because the model is custodial and pre-loaded, your converted balance is not your own keys; card programme closures in this category have ended spending and then asked users to withdraw.

Is the Floki card available in my country?

Physical cards are offered in 31 European countries, and the card does not publish which 31. Virtual cards are described as available worldwide, but explicitly not in OFAC-sanctioned countries or anywhere the issuing banks do not permit — and that permission is the real limit, not the marketing line. If you are outside Europe, expect to find out at application time. If your country has an ordinary route to a bank card, use it: a plain prepaid card will probably cost you less and last longer.

Can I add the Floki card to Apple Pay or Google Pay?

The card’s page says contactless works “when added to mobile wallets” but does not name Apple Pay or Google Pay; third-party reporting on the related FNT card says both are supported. It is worth checking yourself, because if tokenised wallets do work, each payment uses a one-time dynamic security code and you get a remote kill switch on the card. That convenience is worth more day to day than any fee on the schedule.

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