BlackCatCard BlackCatCard Free
A plan byBlackCatCard
Data verified on unchanged since the sources
Worth it if you hold euro balances and want a free account with a Maltese IBAN, up to 4% APY on the balance and light KYC.
Avoid it if you want the protection of a deposit-guarantee scheme: here there's only safeguarding, no insurance, and the FX markup is 3%.
A free custodial account with a Maltese IBAN, up to 4% APY on balance and cashback of 2% on Amazon and 5% on Google Play. Funds are not covered by deposit insurance but only by safeguarding, alongside reports of spam marketing and crypto access available only via third parties.
BlackCatCard Free
- Price
- Free
- Issuance fee
- Free
- FX markup
- 3%
- Cashback
- 0.5%
- Cashback currency
- EUR
- Cashback cap
- €100
- Required staking
- Nessuno
- ATM fee
- 1%
- ATM limit
- €200/mese gratis in UE, poi 1%
- Net annual cost
- Free
What's included
- EU IBAN
- Visa/Mastercard
- Crypto exchange integrato
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · MT |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| SEPA transfer | Free |
| Interest on balance | 4% |
| ATM withdrawal | 1% |
| Free ATM limit | €200/mese gratis in UE, poi 1% |
| Fund custody | Custodial (platform holds funds) |
| KYC | Light |
| Supported countries | EEA, UK · 40+ countries |
| Regulator | MFSA |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | EMI Malta MFSA |
Strengths
- Free account with a Maltese IBAN; up to 4% APY on balance; 2% cashback on Amazon and 5% on Google Play.
- Light KYC: minimal identity verification.
Weaknesses
- No deposit insurance (only safeguarding); marketing-spam reports; crypto via third parties.
- Custodial: the platform holds your funds and can freeze or lose them.
- Subject to regulation (Malta MFSA): reporting to authorities and freezes on order.
Verdict
The Maltese MFSA licence places BlackCatCard inside the EU perimeter, but funds are covered only by safeguarding and not by deposit insurance: a weak protection underpinning the middling score. Reports of marketing spam and crypto access only via third parties round out a profile better suited as a secondary account than a primary deposit.
Here BlackCatCard fares better: light KYC and above-average privacy for an EMI cut friction for anyone wanting a European IBAN without heavy onboarding. It remains custodial and Maltese, though, exposed to freezes and de-risking like any EMI: less friction, not more real sovereignty over funds.
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 BlackCatCard, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
App Store ↗
4.6/5
33 reviews
Exact figure from iTunes Lookup (German/EEA storefront). Small sample: App Store ratings are siloed per country and most of the app's reviews sit on Google Play (~3,100, not machine-readable from JSON-LD) → the App Store score alone is rosier than the overall picture.
Weighted average across 1 public review platform (33 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Is BlackCatCard a real bank?
BlackCatCard operates under a EMI licence (MT). It is regulated by MFSA. Fund protection: Safeguarding — no deposit guarantee.
Can I send transfers to third-party IBANs with BlackCatCard?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does BlackCatCard support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does BlackCatCard support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from BlackCatCard?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · OAM Italy registry · Monthly fee · +2 Data verified on Jul 13, 2026
- blackcat.app Trust & safety Data verified on Jun 14, 2026
- cryptocardhub.com Plans & pricing Data verified on Jun 14, 2026
- listings.ratex42.com Founders Data verified on Jun 13, 2026
Show 2 more sources
- timesofmalta.com Past incidents Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews · Savings interest Data verified on Jun 13, 2026