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

imToken Card

imToken · Mastercard

3.0/5 2.4/5 · Data verified on

The imToken Card is a virtual Mastercard built into the self-custody imToken wallet, issued with Fiat24 (SR Saphirstein AG), a Swiss FINMA-licensed fintech. It runs fully on-chain on Arbitrum: users keep control of their funds (ETH, USDC, USDT, WBTC) and get a multi-currency Swiss IBAN account. No annual fee and no cashback, ~$5 registration, FX markup up to 1.5% and a 1% top-up fee. KYC required; aimed at online spending and subscriptions, true to the non-custodial model.

31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

§ Amounts in USD/GBP are shown in the service's native currency.

Network Mastercard
Fund custody Self-custody (funds in your control)
Issuance fee €5
Annual fee Free
ATM withdrawal Free
FX markup 1.5%
Cashback
Chains Arbitrum
On-chain settlement Yes
Contactless Yes
Virtual card Yes
KYC Full
Privacy 4/10
Supported countries EEA, UK, LATAM, APAC
Funding / solidity imToken è un wallet self-custody per criptovalute (Bitcoin, Ethereum e altre chain). La imToken Card è emessa in collaborazione con Fiat24, marchio di SR Saphirstein AG, fintech svizzero con sede a Zurigo e licenza FINMA che fornisce un conto con IBAN svizzero multivaluta on-chain.
Estimated net annual cost €0/year
Regulator FINMA (Autorità federale svizzera di vigilanza sui mercati finanziari)
Segment B2C
Funding / solidityimToken is a self-custody crypto wallet (Bitcoin, Ethereum and other chains). The imToken Card is issued with Fiat24, a brand of SR Saphirstein AG, a Zurich-based Swiss FINMA-licensed fintech providing an on-chain multi-currency Swiss IBAN account.
MiCA / License status Licenza fintech FINMA (emittente Fiat24 / SR Saphirstein AG) Issuer Fiat24 (SR Saphirstein AG) holds a fintech licence under Article 1b of the Swiss Banking Act, supervised by FINMA; company registration CHE-256.014.995.

Strengths

  • Fully self-custodial: funds stay in the imToken wallet
  • No annual fee; regulated issuer (Fiat24, FINMA) with a multi-currency Swiss IBAN
  • Low costs thanks to on-chain settlement on Arbitrum; virtual card usable immediately
  • Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

  • No cashback or rewards program
  • Virtual card only: no physical and no ATM access
  • Assets and settlement limited to Arbitrum; FX markup up to 1.5% + 1% top-up; mandatory KYC
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (Issuer Fiat24 (SR Saphirstein AG) holds a fintech licence under Article 1b of the Swiss Banking Act, supervised by FINMA; company registration CHE-256.014.995.): reporting to authorities and freezes on order.

Verdict

C C ★ 3.0/5 ★ 2.4/5 Estimated net annual cost: €0/year

Self-custody virtual Mastercard built into imToken and issued by Fiat24 (SR Saphirstein AG), a Swiss FINMA-licensed fintech (Art. 1b Banking Act) with a multi-currency Swiss IBAN: the issuer is regulated, but funds stay in the wallet with on-chain settlement on Arbitrum, so protection depends on the user managing their own wallet.

Fully non-custodial model: keys and funds (ETH, USDC, USDT, WBTC) stay under the user's control in the imToken wallet, with on-chain settlement on Arbitrum. Strong fund sovereignty, tempered by the full KYC required by Fiat24.

Privacy & anonymity 30% 1.0
Fund control 20% 5.0
Censorship resistance 20% 1.5
Costs 10% 3.1

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 imToken Card custodial?

No: it is built into the self-custody imToken wallet; funds stay under your control and settlement happens on-chain on Arbitrum via the Swiss issuer Fiat24.

Does it offer cashback or charge an annual fee?

No cashback and no annual fee. There is ~$5 registration, a 1% top-up fee and FX markup up to 1.5%.

Sources

Update history

✓ Terms unchanged since Jun 22, 2026

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