RedotPay Card

The RedotPay Card is a Visa debit card available in over 200 countries, issued by Fazz (Xfers). It converts crypto to USD automatically at purchase, supports nine cryptocurrencies, and carries a very high $1,000,000 daily spending limit. It comes in physical and virtual versions and also gives you a German IBAN account in your name.

No, the RedotPay Card has no cashback or points program. You earn nothing back on regular spending. RedotPay does run occasional promotions, such as bonus USD or discounted cards, but these are credited inside the app, expire after 30 days, and can only be spent on the card, not withdrawn.

The RedotPay Card has no monthly or inactivity fee, so holding it is free. The physical card costs $100 to order and the virtual card $10. You also pay around 1.5% to convert crypto to USD, a 1.2% FX fee on foreign spending, and a 2% fee on ATM withdrawals.

Yes, RedotPay charges a 1.2% FX fee when you spend in a currency other than USD. That is lower than many crypto cards. On international ATM withdrawals, this FX fee stacks on top of the 2% ATM fee, the Visa network fee and the operator's own charges, so cashing out abroad gets expensive.

RedotPay has one of the highest limits of any crypto card: $1,000,000 in spending per day. ATM withdrawals are capped at $3,750 a day, also well above the typical crypto card. There is no preloading, since the card converts your crypto to USD automatically at the point of purchase.

No, the German IBAN account RedotPay gives you only accepts deposits from accounts in your own name. That means you cannot receive a salary, client payments, or fiat withdrawals from an exchange held under a different name. If receiving third-party deposits matters to you, this is a real limitation to weigh.