Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

LinkPay Ultra

LinkPay · Visa

2.4/5 3.2/5 · Data verified on

LinkPay Ultra is a white-label, no-KYC privacy card with free API access and 3% cashback. The lack of verification and the white-label model may appeal to some, but the $299/month fee is disproportionate and the project's soundness is highly questionable. It should be approached with considerable caution.

The clause

That 3% on the banner isn't what you pocket.

After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).

Advertised 3%
What you get 3%

Data verified on Jul 22, 2026 · personalise the calc

17
Transparency: Very low
17/100 · see methodology
17
Data exposure: Minimal
17/100 · lower is better for sovereignty · methodology

Data & conditions

Network Visa
Fund custody Custodial (platform holds funds)
Issuance fee Free
Annual fee Free
Free ATM limit Not disclosed
ATM withdrawal Free
FX markup 0%
Cashback 3% in USD · Nessuno
Contactless Yes
Virtual card Yes
KYC No KYC
Privacy 5/10
Supported countries EEA, APAC, LATAM · 50+ countries
Estimated net annual cost €3,337/year
Regulator Not disclosed
OAM Italy registration No
Segment B2C
MiCA / License status Canada MSB

Plans & pricing

Strengths

  • No KYC; white-label; free API; 3% cashback.
  • No KYC: usable without identity verification.

Weaknesses

  • ⚠️ $299/month fee is disproportionate; soundness very questionable.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Subject to regulation (Canada MSB): reporting to authorities and freezes on order.

Verdict

D B ★ 2.4/5 ★ 3.2/5 Estimated net annual cost: €3,337/year

The low score is clear-cut and justified: a $299/month fee is disproportionate to any value on offer, the project's soundness is highly questionable, and behind it sits only a Canadian MSB that does not protect the product. It is an option the cautious consumer should avoid.

On the sovereign axis there are some elements: no KYC, a white-label model, free APIs and 3% cashback with no FX markup. But coverage is limited to 50 countries and soundness is highly uncertain, so the crypto-native appeal is real yet fragile and must be weighed against the exorbitant fee.

Privacy & anonymity 30% 3.8
Fund control 20% 0.0
Censorship resistance 20% 4.5
Costs 10% 5.0

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 LinkPay Ultra a safe card?

LinkPay Ultra is a custodial card on the Visa network. As a payment card, loaded funds are e-money and are not covered by a bank deposit-guarantee scheme. Fund custody is custodial.

How much does LinkPay Ultra cost?

The fee is €275.08 per month. Issuance is free. The FX markup is 0% (no surcharge). See the tier table for full conditions.

Does LinkPay Ultra offer cashback?

Yes: cashback goes up to 3%, depending on the tier.

Is LinkPay Ultra available in Italy?

Yes, LinkPay Ultra is available in Italy.

Is LinkPay Ultra custodial or self-custody?

LinkPay Ultra uses a custodial model. Funds are held by the issuer: you do not have direct control of the private keys.

Sources

Show 1 more source

Update history

  1. Real price of the Ultra plan: $299 per month (about $3,588/year), not free as previously shown. Also clarified the cashback limit: the 3% lasts 12 months and can only be spent on platform fees.

🔔 Notify me of changes

← Back to Privacy-Focused Crypto Cards