MCO Visa is a relatively new type of cryptocurrency debit card. It is best suited for customers who often travel and shop abroad. It is available for customers in USA, Europe, and Singapore.
The MCO Visa offers 5 types of cards. None of them charge a monthly fee, but they required users to lock up MCO tokens to unlock rewards. This lockup ranges from 0 to 50,000 MCO Tokens.
The MCO Visa is considered a premium offering since the most premium card (Obsidian Black) is required to lockup 50,000 MCO tokens valued at around $100,000.
All the cards offer different perks based on locked up value.
Obsidan Black cards for example offers 100% rebate on Netflix and Spotify, 10% rebate on AirBnb and Expedia, and 5% cash back on all spendings. It also offers free unlimited Interbank Exchange Rates and a $1000 USD No Fee ATM Monthly Withdrawal Limit.
The most basic card offers 1% cash back, $2000 USD free Interbank Exchange Rates Monthly (0.5% after) and a $200 USD free ATM monthly withdrawl (2% after limit).
Free ATM monthly withdraws up to $1,000 depending on the card type, a 2% fee applied once the limit exceeds. Shipping and issuance are free, most fees are more competitive than other companies - but pay attention to staking terms and conditions. (6 months staking period required)
BTC, ETH, LTC, XRP, MCO, BAT, BNB, TUSD and ENJ.