Crydit Card VIP (8 livelli)
A plan byCrydit Card · Visa
Data verified on unchanged since the sources
Worth it if you want an EU IBAN for SEPA transfers and to spend crypto on Visa across 210+ countries, with no issuance or annual fee.
Avoid it if you count on cashback or direct custody: the reward is limited to the VIP program with undisclosed rates, and funds stay custodial.
Crydit is a UK-based Web3 fintech (with offices also in Hong Kong, Dubai and Denmark) issuing a crypto debit card on the Visa network, designed for large-value payments. It states it operates under multiple financial licenses, including a Hong Kong Money Service Operator (MSO) and a European VASP registration. The model is custodial via third parties: funds are held with custodians Cobo and Ceffu with no direct access by Crydit. The card supports crypto-to-fiat conversion across 160+ fiat currencies and Visa acceptance in more than 210 countries, with a personal EU IBAN in the app for receiving SEPA transfers. All cards require Visa KYC verification (full KYC). The documented FX markup is 1.5%. Issuance pricing and cashback are not stated consistently across public sources: issuance is reported both as free and as carrying a cost, while cashback is paid in crypto through an eight-tier VIP program with rates revealed only after account creation. There is therefore no official, stable figure for issuance cost or cashback; the effective cashback depends on the VIP tier reached.
VIP (8 livelli)
- Issuance fee
- $249
- Annual fee
- $0
Otto livelli VIP basati sul volume di spesa; fee di emissione una tantum di 249 USD per tutti i livelli, nessuna fee annuale; le percentuali di cashback non sono divulgate pubblicamente.
Data & conditions
| Account fee | Free |
|---|---|
| Network | Visa |
| ATM withdrawal | not declared |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | US, EEA, UK, APAC, MENA · 210+ countries |
| Regulator | Hong Kong Money Service Operator (MSO) e registrazione VASP europea |
| Segment | B2C |
| Funding / solidity | Crydit has a multi-jurisdictional corporate structure: Crydit Capital Limited (Hong Kong), Crydit Inc. (British Virgin Islands), ArcaneQuantix Ltd (Czech Republic) and Crydit Venture Investments ApS (Denmark). |
| MiCA / License status | Hong Kong Money Service Operator (MSO)European VASP (Virtual Asset Service Provider) Crydit states it operates under a Hong Kong Money Service Operator (MSO) license and a registration as a Virtual Asset Service Provider (VASP) in Europe. |
Strengths
- Visa network accepted in 210+ countries with conversion across 160+ fiat currencies
- Personal EU IBAN in the app for receiving SEPA transfers
- Custody with regulated partners (Cobo, Ceffu) with no direct access by Crydit
- No notable sovereignty advantage documented.
Weaknesses
- Custodial model: funds are not under the user's direct control
- Cashback in crypto only via a VIP program, with rates not disclosed before sign-up
- Issuance pricing and economic terms reported inconsistently across public sources
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Crydit states it operates under a Hong Kong Money Service Operator (MSO) license and a registration as a Virtual Asset Service Provider (VASP) in Europe.): reporting to authorities and freezes on order.
Verdict
Weak protection: custodial model with funds held by third-party custodians (Cobo, Ceffu) and mandatory full KYC. Users do not control the keys and depend on partners and a multi-jurisdictional corporate structure to recover funds.
Minimal sovereignty: custody delegated to third parties, full KYC and no self-custody. The card prioritizes compliance and global coverage over the user's direct control of their own assets.
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 Crydit Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
Public reviews
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App Store ↗
3.7/5
9 reviews
sample too small for the average
'Crydit Card' app (seller: crydit capital ltd, ID 6480507373) on the US store; very thin denominator (only 9 ratings), statistically weak.
FAQ
Is the Crydit Card custodial or self-custody?
It is custodial: funds are held with third-party custodians (Cobo and Ceffu) with no direct access by Crydit. The user does not hold the private keys.
How much cashback does the Crydit Card offer?
Cashback is paid in crypto through an eight-tier VIP program, with rates revealed only after account creation. Public sources do not state an official, stable percentage.
Sources
- Official service page Azienda · Payment network · Url ufficiale Data verified on Jun 22, 2026
- cryptocardhub.com Fees Data verified on Jul 16, 2026
- coindesk.com Azienda · Paese licenza · Licenses & registrations · Payment network · +3 Data verified on Jun 22, 2026
- todey.xyz Payment network · FX markup · Cashback · Kyc · +3 Data verified on Jun 22, 2026