1inch Card 1inch Card
A plan by1inch Card · Mastercard
A multi-chain crypto card (8 networks: Ethereum, Polygon, Arbitrum, Optimism, BNB, Avalanche, Gnosis, Fantom), with a CryptoDraft borrowing feature. FX is 0%, but a 1.75% crypto conversion fee applies per transaction; the 2% cashback is only paid in the BXX token (1% in BTC/USDT). Loaded funds are handled by a third-party issuer (Baanx), so it is not a self-custody solution.
1inch Card
- Price
- Free
- Issuance fee
- Free
- FX markup
- 0%
- Cashback
- 2%
- Cashback currency
- BXX o BTC/USDT
- Required staking
- Nessuno per il cashback base; staking BXX opzionale per benefici extra
- ATM fee
- 2%
- ATM limit
- $200/mese free, poi 2%
- Net annual cost
- Free
What's included
- 2% cashback in BXX (o 1% in BTC/USDT)
- 0% FX
- Crypto conversion 1.75%
- $8K daily limit
- Crypto Life borrow 0% interest 50% LTV
- Mastercard contactless
- ATM globale
The clause
That 2% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
| Network | Mastercard |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | $200/mese free, poi 2% |
| ATM withdrawal | 2% |
| FX markup | 0% |
| Cashback | 2% in BXX o BTC/USDT · Nessuno per il cashback base; staking BXX opzionale per benefici extra |
| Chains | Ethereum, Polygon, Arbitrum, Optimism, BNB Chain, Avalanche, Gnosis, Fantom |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 6/10 |
| Supported countries | UK, EEA · 31+ countries |
| Estimated net annual cost | €0/year |
| Regulator | FCA (UK via Baanx) |
| Segment | B2C |
| MiCA / License status | Electronic Money Institution (EMI) — carta emessa via Baanx/Monavate, principal Mastercard member FCA (Monavate) |
Strengths
- Multi-chain across 8 networks; CryptoDraft borrow; 0% FX.
- No notable sovereignty advantage documented.
Weaknesses
- 1.75% crypto conversion per transaction; 2% cashback only in BXX (1% BTC/USDT); custodial (Baanx).
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA (Monavate)): reporting to authorities and freezes on order.
Verdict
The lowest rating in the group is consistent with its limits: the 1.75% crypto conversion per transaction is a real cost on every purchase, the 2% cashback is only paid in the BXX token and, crucially, loaded funds are entrusted to a third-party issuer (Baanx), so it is not self-custody at all despite the category. FCA oversight via Baanx does provide some regulatory anchor for the everyday user.
From a crypto-native angle the product disappoints exactly where it matters: settlement is not on-chain and custody is third-party, so you do not control the funds. The broad multi-chain reach across eight networks and the CryptoDraft feature stay appealing, but full KYC and a custodial model push it away from sovereignty standards.
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 1inch 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
-
Google Play ↗
4.2/5
5,029 reviews
Structured data from the Play listing of "1inch: DeFi Crypto Wallet" (ratingCount 5,029); the visible label rounds the count. It covers the wallet app, not the card.
-
App Store ↗
4.0/5
669 reviews
Rating of the "1inch: DeFi Crypto Wallet" app (US storefront, exact figure from the iTunes Lookup endpoint), not of the card: it measures the wallet, not the card service run by third-party issuer Baanx/Monavate.
Weighted average across 2 public review platforms (5,698 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Is 1inch Card a safe card?
1inch Card is a custodial card on the Mastercard network. It is regulated by FCA (UK via Baanx). 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 1inch Card cost?
No annual or issuance fee. The FX markup is 0%, but a 1.75% crypto conversion fee applies on each transaction.
Does 1inch Card offer cashback?
Yes: 2% in BXX or 1% in BTC/USDT (chosen at the time of purchase).
Is 1inch Card available in Italy?
Yes, 1inch Card is available in Italy.
Is 1inch Card custodial or self-custody?
1inch Card uses a custodial model. Funds are held by the issuer: you do not have direct control of the private keys.
Sources
- Official service page Plans & pricing Data verified on Jun 13, 2026
- spendnode.io Staking richiesto Data verified on Jul 10, 2026
- 1inch.com Founders · Past incidents Data verified on Jun 14, 2026
- baanx.com License type · License country · OAM Italy registry Data verified on Jun 14, 2026
Show 6 more sources
- blog.1inch.com Valuation · Latest funding round · Investors Data verified on Jun 14, 2026
- moneyhouse.ch Legal name · Company type Data verified on Jun 14, 2026
- tracxn.com Stock ticker · Stock listing · IPO date Data verified on Jun 14, 2026
- hackenproof.com Bug bounty Data verified on Jun 13, 2026
- opencryptocards.com Cashback.staking richiesto · Blockchain · On-chain settlement Data verified on Jun 13, 2026
- openzeppelin.com Third-party audit Data verified on Jun 13, 2026