Amp Black Card
Amp Pay · Visa
The Amp Black Card is a Visa secured credit card operated by Amp Pay and issued by U.S. partner bank Third National. Unlike custodial crypto cards, the collateral stays in the user's self-custodial wallet on the Solana blockchain via smart contracts: you spend stablecoins (USDC, PYUSD, USDT, USDS) as a credit line secured at 100% of the deposited value, without selling them. There is no monthly fee and no issuance fee; charges are a 1% non-USD transaction fee for U.S. users (up to 3% FX and up to 3% cross-border on the international version) plus late-payment and liquidation penalties. The promotional 2-4% cashback expired on December 31, 2025: at the time of verification no active rebate rate is listed, so cashback_pct = 0. The card is currently virtual-only (a physical version is announced as 'coming soon'). NOTE: issuance fee, monthly fee and annual fee are 0 because Amp Pay states no such costs; ATM fees are not published. IMPORTANT: on May 5, 2026 Amp Pay announced a shutdown of the service, with the app available until year-end.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Account fee | Free |
|---|---|
| Multi-currency | USDC, PYUSD, USDT, USDS |
| Network | Visa |
| ATM withdrawal | Free |
| Fund custody | Self-custody (funds in your control) |
| KYC | Full |
| Supported countries | US, EEA, UK, LATAM |
| Regulator | OCC / FDIC (banca emittente Third National, USA) |
| Segment | B2C |
| Funding / solidity | Amp Pay is a private company operating a Visa secured credit card backed by self-custodial stablecoin collateral on Solana, with the card issued by U.S. partner bank Third National. On May 5, 2026 the company announced a shutdown of the service. |
| MiCA / License status | Carta Visa emessa dalla banca partner Third National (USA) Visa card issued by Third National, a federally regulated U.S. bank; the stablecoin collateral stays in a self-custodial wallet on Solana and is not covered by deposit guarantees. |
Strengths
- Self-custodial collateral on Solana: the user keeps custody of the stablecoins
- No monthly fee and no issuance fee
- Visa card issued by a U.S.-regulated bank (Third National)
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Amp Pay announced a service shutdown (May 5, 2026)
- The 2-4% cashback expired at the end of 2025: no active rebate
- Virtual card only; the physical one is not yet available
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Visa card issued by Third National, a federally regulated U.S. bank; the stablecoin collateral stays in a self-custodial wallet on Solana and is not covered by deposit guarantees.): reporting to authorities and freezes on order.
Verdict
Limited protection. The Visa card is issued by Third National, a U.S.-regulated partner bank, but the stablecoin collateral stays in a self-custodial wallet on Solana: no deposit-guarantee scheme covers crypto assets and the user is responsible for their own keys. The service shutdown announcement (May 5, 2026) raises operational risk: anyone evaluating the card today risks being left without support by year-end.
Good sovereignty on the custody side: the collateral never leaves the user's self-custodial wallet on Solana, a rare model among crypto cards that avoids handing stablecoins to a custodian. However, full KYC requirements and reliance on the Visa network and the issuing bank remain, alongside the announced shutdown that undermines long-term reliability.
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.
FAQ
Is the Amp Black Card custodial?
No. The collateral stays in the user's self-custodial wallet on Solana via smart contracts; the issuing bank is not a custodian of the stablecoins.
How much cashback does the Amp Black Card offer?
The promotional 2-4% cashback expired on December 31, 2025, and at verification no active rebate rate is listed.
Sources
- Official service page Payment network · Custodial · Fees · Cashback · +10 Data verified on Jun 23, 2026
- opencryptocards.com Cashback · Blockchain · Stablecoin supportate · Banca emittente Third National · +2 Data verified on Jun 23, 2026
- todey.xyz Scheda generale · Regioni · Virtual card Data verified on Jun 22, 2026