Cash App vs Swissquote Card
For spending abroad FX markup matters, and Swissquote Card does better (0.95% vs 3%). The choice depends on your real spending profile: redo the math with your volumes before picking between Cash App and Swissquote Card.
| Cash App | Swissquote Card | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.4 | ★ 4.3 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | condiviso | — |
| Multi-currency | No (single currency) | CHF, USD, EUR, GBP, JPY, AUD, CAD, SEK, HKD, NOK, DKK, AED, SGD |
| Outbound transfers to third-party IBANs | Yes | — |
| Utility direct billing | No | — |
| SEPA direct debit (SDD) | No | — |
| On-chain crypto withdrawal | Yes | — |
| Interest on balance | 1.5% | — |
| ATM withdrawal | Free | Free |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | US · 1+ countries | EEA, UK |
| Regulator | FinCEN / OCC / SEC | FINMA (Swiss Financial Market Supervisory Authority) |
| OAM Italy registration | No | — |
| Segment | B2C | B2C |
| Deposit guarantee | — | altro |
| Network | — | Mastercard |
| Regions | US | EU/EEA, UK |
| Licences & safety | Money Transmitter + Banking partner (Wells Fargo, Sutton Bank) | Licenza bancaria FINMA (Swissquote Bank SA) |
Frequently asked questions
Cash App vs Swissquote Card: which is better?
For spending abroad FX markup matters, and Swissquote Card does better (0.95% vs 3%). The choice depends on your real spending profile: redo the math with your volumes before picking between Cash App and Swissquote Card.
Which is cheaper, Cash App or Swissquote Card?
On the standard spending profile Cash App has the lowest net annual cost: €0 versus €0 for Swissquote Card.
Is Cash App custodial or self-custody?
Cash App is custodial: funds are held by the platform, while Swissquote Card is custodial.
Which is better for spending abroad?
For foreign-currency spending Swissquote Card wins, with the lowest FX markup: 0.95%.