In the evolving landscape of digital finance, cryptocurrency adoption continues to grow, with more users seeking practical ways to spend their crypto holdings. Crypto debit cards like the Redotpay Visa Card bridge this gap, allowing seamless conversions of digital assets into fiat for everyday transactions.
👉 Discover a smarter way to spend crypto
What Is the Redotpay Visa Card?
The Redotpay Visa Card is a prepaid crypto debit card linked to the Redotpay exchange. It supports limited cryptocurrencies (BTC, ETH, USDT, USDC) and converts them to fiat (EUR/GBP) for spending. Key features include:
- Tiered cards with staking requirements (CRO tokens).
- Cashback rewards (up to 5%).
- Subscription reimbursements (Netflix, Spotify, etc.).
However, drawbacks like high fees and strict staking thresholds limit its appeal.
Redotpay Card Fees Explained
| Fee Type | Cost |
|------------------------|--------------------|
| Card Top-Up (Crypto) | 1% markup |
| ATM Withdrawal (>limit)| 2% |
| Foreign Transactions | 2% (non-EUR/GBP) |
| Physical Card Order | €92.50 |
Note: Midnight Blue tier offers no cashback, while Obsidian requires €350K CRO stake for 5% rewards.
Card Limits
ATM Withdrawals
| Tier | Monthly Free Limit |
|--------------------|--------------------|
| Ruby Steel | €400 |
| Obsidian | €1,000 |
Daily Cap: €2,000 (all tiers).
Alternatives: Better Crypto Cards
Compared to Redotpay, the CryptoWallet Card offers:
- Lower fees: No staking for basic cashback.
- 800+ supported cryptos.
- 3% cashback with €5K SPEND stake (vs. Redotpay’s €35K CRO).
👉 Explore budget-friendly crypto spending
FAQ Section
1. How do I order a Redotpay card?
- Complete KYC in the Redotpay app.
- Stake CRO (tier-dependent).
- Pay issuance fees (if applicable).
2. Can I withdraw cash?
Yes, but exceeding free limits incurs 2% fees.
3. Is Redotpay worth it?
For most users, no—high costs and complex rewards outweigh benefits. Consider alternatives like CryptoWallet.
Final Verdict
The Redotpay Card suits high-stake investors but falls short for casual users due to fees and inflexibility. For broader crypto spending and better rewards, opt for competitor cards.