EB1 Card
EB1 · Visa/Mastercard
EB1 is a membership and concierge fintech platform aimed at globally mobile individuals, offering a (virtual and physical) card that can be topped up with stablecoins (USDT and USDC) plus BTC and ETH, with real-time crypto-to-fiat conversion at the point of sale. EB1 states that it does not issue financial products nor hold customer funds (non-custodial model): the actual payment services are provided by appropriately licensed third-party institutions. The offering revolves around three membership tiers (Gold, Platinum and invitation-only Black) with access to exclusive experiences and concierge services. At the time of verification the product is in an invite-only staged rollout and most card figures are undocumented: issuance fee, annual fee and cashback are set to 0 because they are either undisclosed or zero (cashback is stated as 0% across all tiers), while the FX markup is stated as up to 3%. ATM fees and limits are not disclosed and supported regions are listed as TBA.
Data & conditions
| Account fee | Free |
|---|---|
| Network | Visa/Mastercard |
| ATM withdrawal | Free |
| Fund custody | Self-custody (funds in your control) |
| KYC | Full |
| Supported countries | MENA, EEA, APAC |
| Segment | B2C |
| MiCA / License status | Servizi finanziari erogati da partner terzi autorizzati (licenze proprie non divulgate) |
Strengths
- Both virtual and physical card with stablecoin top-up (USDT/USDC) plus BTC and ETH
- Stated non-custodial model: EB1 says it does not hold customer funds
- Real-time crypto-to-fiat conversion at the point of sale, with bundled concierge services
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Invite-only product with limited transparency: most fees, limits and regions are undocumented
- No cashback (0% across all tiers) and FX markup stated as up to 3%
- No disclosed own license: payments rely on unspecified third-party partners
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Weak protection: EB1 states it neither issues financial products nor holds customer funds, delegating services to unspecified third-party partners with no disclosed own license. For the user this means no clearly identifiable regulated entity to rely on and no documented guarantees on fund protection or spending limits.
Limited sovereignty: although it describes itself as non-custodial, EB1 requires full KYC and revolves around an invite-only tiered membership model, with poor transparency on licenses and partners and regions listed as TBA. Spending runs through Visa/Mastercard rails with crypto-to-fiat conversion, hence traceable.
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
Which cryptocurrencies can be used to top up the EB1 Card?
EB1 states top-up via the USDT and USDC stablecoins, plus BTC and ETH, with instant crypto-to-fiat conversion at the point of sale.
Is EB1 custodial and how much does it cost?
EB1 describes itself as non-custodial and says it does not hold customer funds, which remain handled by licensed partners. Most costs are undocumented: cashback is 0% across all tiers and the FX markup is stated as up to 3%, while the annual fee, issuance fee and ATM fees/limits are not disclosed at the time of verification.
Sources
- Official service page Nome · Azienda · Custodial · Kyc · +3 Data verified on Jun 22, 2026
- todey.xyz Payment network · FX markup · Cashback · Card issuance fee · +3 Data verified on Jun 22, 2026