Crypto.com Visa Card Midnight Blue
A plan byCrypto.com Visa Card · Visa
Crypto.com's Visa card comes in 5 tiers (from Midnight Blue to Obsidian): zero FX markup, free ATM withdrawals up to a cap and CRO cashback that climbs to 5% on the higher tiers. The high cashback, however, requires locking CRO in staking — tying up capital and exposing you to the token's price risk.
Midnight Blue
- Price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 0%
- Cashback currency
- CRO
- Required staking
- Nessuno
- ATM fee
- 2%
- ATM limit
- $400–$1.000/mese free
- Net annual cost
- Free
- Required CRO staking
- Free
What's included
- Entry card
- 0% cashback (was 1%)
The clause
To get that 5% you have to keep €400,000 locked in staking.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | €400–1,000/month free, then 2% |
| ATM withdrawal | 2% |
| FX markup | 0% |
| Cashback | Not disclosed |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | US, EEA, UK, APAC, LATAM, MENA · 90+ countries |
| Funding / solidity | 100M+ utenti · $1,5B ricavi |
| Estimated net annual cost | €0/year |
| Regulator | MFSA |
| OAM Italy registration | Yes |
| Segment | B2C |
| Funding / solidity | 100M+ users · $1.5B revenue |
| MiCA / License status | MiCAMASVASP MiCA CASP (Malta) · MAS (SG) · VASP |
Strengths
- Zero FX markup (0%)
- Up to 5% CRO cashback on higher tiers
- Free card, no mandatory fee
- Free ATM withdrawals within the monthly cap
- No notable sovereignty advantage documented.
Weaknesses
- High cashback requires CRO staking: locked capital and price risk
- Staking lock-up of up to 180 days
- Tier cashback cut versus launch levels (2022-23)
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (MiCA CASP (Malta) · MAS (SG) · VASP): reporting to authorities and freezes on order.
Verdict
The high rating builds on 0% FX markup, free ATM withdrawals up to a cap, no mandatory fee, a MiCA CASP licence in Malta and OAM registration: a cost structure very favourable to the user. The trap to flag is the high cashback, which only reaches 5% by locking CRO in staking — up to 180 days of lock-up — tying up capital and exposing you to the token's price risk; the tiers have also been cut versus the 2022-23 launch.
Through this lens Crypto.com is unconvincing: custodial, full KYC, no on-chain settlement and minimal privacy. The CRO staking required for top cashback is a form of capture inside the issuer's ecosystem — the opposite of self-custody: funds and rewards depend on the platform and a volatile token, with no trustless guarantee.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Crypto.com Visa Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
Notable incidentsDocumented events with consequences still open. Each entry carries a source and a date.
-
Hack / funds theft Severe $34M ✓ resolved
Hack: 483 accounts compromised, about $34 million withdrawn
Withdrawals suspended for about 14 hours, 2FA tokens revoked and reset for all users. The company states no customer lost funds and all affected users were fully reimbursed.
↗ source -
Regulatory action Moderate ✓ resolved
SEC investigation closed with no action
After the 2024 Wells notice over an unregistered broker-dealer and clearing agency, and after the suit filed against the SEC in October 2024 and dropped in December, on 27 March 2025 the SEC said it had closed the investigation with no enforcement action.
↗ source -
Fine Moderate ● open
Dutch central bank: EUR 2.85 million for operating without registration
Penalty on Foris DAX MT Limited for offering crypto services in the Netherlands for about two years without registration, which it obtained in July 2023. A EUR 2 million base, increased for the significant number of Dutch customers and unpaid supervisory fees. Crypto.com said it is appealing.
↗ source -
Class action Minor ● open
California: third-party data-sharing claim allowed to proceed
US District Court, Northern District of California: the pen-register claim under the California Invasion of Privacy Act was allowed to proceed; the wiretapping and common-law claims were dismissed with leave to amend. Case pending.
↗ source
verified on
Public reviews
-
Google Play ↗
4.4/5
687,949 reviews
Exact count from the page data (687,949 ratings). It refers to the app, not to the card alone. Trustpilot is not included: the page blocks automated reading.
-
App Store ↗
4.7/5
331,594 reviews
Exact value read from Apple's API for the US storefront; the page shows the rounded «4.7 out of 5» and «332K ratings». It refers to the app, not to the card alone.
Weighted average across 2 public review platforms (1,019,543 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
How much cashback does the Crypto.com Visa Card really give?
The entry tier (Midnight Blue) gives 0%; reaching 5% requires staking roughly €40,000 worth of CRO.
Does the Crypto.com Visa Card have a fee?
No, the card is free: there is no issuance or annual fee. Any cost comes from the CRO staking needed for the higher cashback tiers.
Sources
- Official service page Plans & pricing · Regulatory framework Data verified on Jun 14, 2026
- blockchaincenter.net Data verified on Jul 10, 2026
- degen0x.com Data verified on Jul 10, 2026
- financemagnates.com Trust & safety Data verified on Jun 14, 2026
Show 8 more sources
- hackerone.com Trust & safety Data verified on Jun 14, 2026
- ir.ipstrategy.co Issuer Data verified on Jun 14, 2026
- learncrypto.com Data verified on Jun 14, 2026
- nutsaboutmoney.com Company profile Data verified on Jun 14, 2026
- princeoftravel.com Tier.Obsidian.cashback cap eur Data verified on Jun 14, 2026
- therecord.media Regulatory framework Data verified on Jun 14, 2026
- trustpilot.com Trust & safety Data verified on Jun 14, 2026
- usnews.com Data verified on Jun 14, 2026