COCA Visa Card Standard
A plan byCOCA Visa Card
COCA is a crypto neobank with 0% FX, cashback up to 8%, yields up to 6% APY and a SEPA IBAN. Reaching the maximum cashback, however, requires significant staking of the COCA token.
Standard
- Price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 3%
- Cashback currency
- USDT
- Cashback cap
- €1,000
- Required staking
- 300 COCA
- ATM fee
- 2%
- ATM limit
- $200/month free, then 2%. €850/day limit, max 5 tx/day
- Net annual cost
- Free
What's included
- Self-custody MPC wallet
- Multi-currency
- Card
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| SEPA transfer | Free |
| Interest on balance | 6% |
| ATM withdrawal | 2% |
| Free ATM limit | $200/month free, then 2%. €850/day limit, max 5 tx/day |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK, APAC, LATAM, MENA · 70+ countries |
| Regulator | FCA |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | none (card issued by Wirex) In adeguamento |
Strengths
- 0% FX + cashback up to 8% + 6% APY + SEPA IBAN.
- No notable sovereignty advantage documented.
Weaknesses
- Maximum cashback (8%) requires staking 30,000 COCA tokens.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (In adeguamento): reporting to authorities and freezes on order.
Verdict
A solid consumer profile with 0% FX, cashback up to 8%, yields up to 6% APY and a SEPA IBAN, under FCA oversight. The B tier reflects the catch that weighs most: maximum cashback requires significant staking of the COCA token, so the real value depends on exposure to a volatile token rather than on the card itself.
Here the judgment shrinks: it is custodial with full KYC, so no self-custody and verified identity. The mid-level privacy and the SEPA IBAN make it convenient but ill-aligned with autonomy and censorship resistance.
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 COCA Visa Card a real bank?
COCA Visa Card is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with COCA Visa Card?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does COCA Visa Card support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does COCA Visa Card support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from COCA Visa Card?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Founded · Headquarters · +3 Data verified on Jun 14, 2026
- spendnode.io Monthly fee · SEPA fee · SWIFT fee · Savings interest · +17 Data verified on Jul 11, 2026
- bitcoinke.io Latest funding round Data verified on Jun 14, 2026
- coincodecap.com Cashback Data verified on Jun 14, 2026
Show 3 more sources
- cryptocardhub.com Card issuance fee Data verified on Jun 14, 2026
- pitchbook.com Investors Data verified on Jun 14, 2026
- prnewswire.co.uk Founders Data verified on Jun 13, 2026