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

THORWallet Card

THORWallet · Mastercard

3.7/5 2.9/5 · Data verified on

THORWallet offers a bank account as an NFT on Arbitrum, with a Swiss IBAN and a $25 signup bonus, in a self-custody model. The Mastercard is, however, virtual-only and currently offers no cashback.

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

Network Mastercard
Fund custody Self-custody (funds in your control)
Issuance fee Free
Annual fee Free
Free ATM limit $20.000/mese (Standard)
ATM withdrawal 1%
FX markup 0%
Cashback
Chains Arbitrum, Ethereum, Bitcoin, THORChain
On-chain settlement Yes
Contactless Yes
Virtual card Yes
KYC Full
Privacy 7/10
Supported countries EEA, UK, APAC, LATAM · 66+ countries
Estimated net annual cost €0/year
Regulator FINMA (via Unblock partner)
Segment B2C
MiCA / License status FINMA Fintech license (partner Fiat24) FINMA (CH)

Plans & pricing

Strengths

  • Bank account NFT on Arbitrum; Swiss IBAN; $25 signup bonus.
  • Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

  • Virtual only; no cashback current.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (FINMA (CH)): reporting to authorities and freezes on order.

Verdict

B C ★ 3.7/5 ★ 2.9/5 Estimated net annual cost: €0/year

THORWallet offers a bank account as an NFT on Arbitrum, with a Swiss IBAN and a $25 signup bonus, in a self-custody model. The Mastercard is, however, virtual-only and currently offers no cashback.

Privacy & anonymity 30% 1.8
Fund control 20% 5.0
Censorship resistance 20% 1.5
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 THORWallet Card a safe card?

THORWallet Card is a self-custody card on the Mastercard network. It is regulated by FINMA (via Unblock partner). As a payment card, loaded funds are e-money and are not covered by a bank deposit-guarantee scheme. Fund custody is self-custody.

How much does THORWallet Card cost?

The card has no annual fee. The FX markup is 0% (no surcharge). See the tier table for full conditions.

Does THORWallet Card offer cashback?

THORWallet Card does not offer crypto cashback.

Is THORWallet Card available in Italy?

Yes, THORWallet Card is available in Italy.

Is THORWallet Card custodial or self-custody?

THORWallet Card uses a self-custody model. Funds stay in your wallet and you keep control of your private keys; the card debits at the moment of spending.

Sources

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Update history

✓ Terms unchanged since Jun 1, 2026

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