Visa Card Review: Is It Really Worth It in 2023?

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The Card is a new product that has been gaining in popularity in the crypto world.

But is it worth getting?

In this article, we will review the card and its features, as well as discuss the pros and cons of using it.

We will also look at how to upgrade or downgrade your card, and what happens to your benefits when you do so.

Don’t miss out.

What is the Visa Debit Card?

The Visa Card is a prepaid debit card that can be used anywhere Visa is accepted.

The card is linked to your account, which allows you to spend your crypto without having to convert it to fiat (cash) first.

This card allows crypto users to enjoy the benefits typically only seen in traditional fiat debit cards.

These benefits include cashback rewards, service reimbursements, airport lounge access, and more!

Read more:


Different Card Tiers

The Visa debit card is available in 5 different card tiers.

  1. Midnight Blue
  2. Ruby Steel
  3. Royal Indigo & Jade Green
  4. Frosted Rose Gold & Icy White
  5. Obsidian


It’s important to note that the Royal Indigo and Jade Green are in the same tier as well as the Frosted Rose Gold and Icy White.

There is no benefit or requirement difference between these pairs. The only difference is the aesthetic look of the cards themselves.

The Requirements for Each Card Tier

To gain access to these Cards, there are a few requirements you should be aware of.

The first is the total amount of time that your CRO (Cronos – short for their native cryptocurrency) needs to be staked to unlock your access.

Each card tier (except for the Midnight Blue) they offer has a staking period of 180 days before they will send you the card.

  • Midnight Blue: $0 SGD
  • Ruby Steel: $500 SGD
  • Royal Indigo & Jade Green: $5,000 SGD
  • Frosted Rose Gold & Icy White: $50,000 SGD
  • Obsidian: $500,000 SGD


As you can see above, the amount you need to stake to get each card goes up significantly as the benefits of the card increase.

The Obsidian Black Card is their highest level and requires $500,000 worth of CRO staked.

Don’t worry if this may seem like a lot because, for most people, it is. However, you can start with the basic benefits for free with the Midnight Blue card.

After the initial 180 days of CRO staked, you can begin earning cashback in the form of CRO and work your way up the tiers.

Card Benefits

Each card offers different benefits and perks, which we will go over in more detail below.

Midnight Blue: This starter card is made out of PVC and offers limited benefits at just 1% cashback. This Visa Card may not seem worth it compared to other traditional credit cards, but it’s free and can be a great way to start earning CRO to unlock other benefits on their platform.

Ruby Steel: The first tier to introduce a metal card rather than a PVC offers a 2% in CRO per applicable purchase. If you are a Spotify user, this can be helpful to have as it offers reimbursement for a basic Spotify plan. This can help save US$14 per month – the family account!

And if you’re paying in Singapore Dollars like me, yes this covers up to US$14, so the family account of SG$17 is fully covered too!

Royal Indigo & Jade Green: These 2 metal Cards offers a handsome 3% CRO back per purchase. In addition to the Spotify plan benefit, you will also have reimbursement for a basic Netflix plan (also worth US$14 per month). As a Royal Indigo or Jade Green cardholder, you’ll also have access to the airport lounge.

The Royal Indigo & Jade Green cards give you 10% p.a. CRO Rewards paid weekly. This means that you’re earning 10% p.a. in interest just by staking for the card!

Not only do you earn the extra 10% interest, with the Earn Program, you can also earn more in passive income when staking your cryptocurrencies.

Frosted Rose Gold & Icy White: These 2 gorgeous Cards are where the benefits begin to stack up. You get all the benefits of the other cards plus Amazon Prime (value of US$14.99), and a 10% reimbursement per month of Expedia (value of US$50).

As a Rose Gold or Icy White cardholder, you can have the luxury of bringing an extra person with you to the airport lounge.

This card also offers a 5% cashback on CRO for all applicable purchases. An exclusive ‘Merchandise Welcome Pack’ will also be sent to you as a thank you for being one of’s top-tier members.

Rose Gold or Icy White cardholders can also receive access to Private. This means you will receive OTC (over-the-counter) block trades of CRO, research reports, inheritance service, industry events access, and priority customer service.

Instead of the 10% CRO Rewards, the Frosted Rose Gold & Icy White offers you 12% p.a. just for staking for the card!

In addition to all the benefits mentioned, you will also have access to even more passive income for their Earn Program with a few more percent on staked cryptocurrencies.

Obsidian: This powerful crypto card unlocks all the benefits as the other cards, plus a 10% reimbursement on AirBNB (Value of US$100). Private jet access is also available with this card as well as an 8% CRO back on all applicable purchases.

Similar to the previous tier, the Obsidian card gives you 12% p.a. in CRO Rewards just for staking!

Crypto Tip

After the 180-day wait period, you can choose to unstake the CRO. It’s important to note that to keep most of these benefits, you need to keep the CRO staked.

For example, without any CRO staked, you can still receive CRO back per purchase, but all reimbursements benefits are no longer available.

All Private benefits will also be revoked as well.

However, you will still have access to the airport lounge for all tiers except the Ruby Steel and Midnight Blue.

Here’s what the CRO cashback benefits look like without CRO staked:

Midnight Blue: 1%

Ruby Steel: 1%

Royal Indigo & Jade Green: 1.5 %

Frosted Rose Gold & Icy White: 1.75%

Obsidian: 2%

As you can see, the benefits dramatically decline when you don’t have any CRO staked.

This may be a disadvantage, but it’s important to remember that when you stake CRO in the Royal Indigo & Jade Green tiers and above, you’re earning 10% in passive income just by staking – which is more than what your savings accounts can offer, with no benefits tied to them.

Card Fees

There are no monthly fees, annual fees, or delivery fees for any of these cards. However, there is a fee if you make ATM withdrawals of more than the free limit each tier offers per month.

Here are the limits you can withdraw per month for each tier. If you go over the limit it is a 2% fee:

  • Obsidian: $1,000 SGD
  • Rose Gold & Ice White: $1,000 SGD
  • Jade Green & Royal Indigo: $800 SGD
  • Ruby Steel: $400 SGD
  • Midnight Blue: $200 SGD also offers free currency exchanges as long as you stay under your tier’s designated limit. If you go over this limit you can expect to pay 0.5%. Here are the limits when it comes to currency exchanges:

  • Obsidian: Unlimited
  • Rose Gold & Ice White: $15,000 SGD
  • Jade Green & Royal Indigo: $10,000 SGD
  • Ruby Steel: $4,000 SGD
  • Midnight Blue: $2,000 SGD


Which Card Should I get?

To decide which card you should get, you should consider what type of spender you are, and which benefits resonate most with you.

Personally, I think the Ruby Steel Visa Card makes the most sense for newbies as you get Spotify rebates and 2% cashback – more than your typical credit card cashback.

If you frequently travel for work or pleasure, the airport lounge access may be a great perk for you.

Do you shop online often? The Amazon Prime and Expedia reimbursements could help offset some of your annual costs.

If you’re looking to earn more passive income, remember that you need to upgrade to a Royal Indigo, Jade Green, Icy White or Frosted Rose Gold to get more interest payments for your staked CRO.

If you can afford it, staking SG$5,000 for 6 months is 110% worth it as you’re not just getting the perks, but 10% p.a. extra just by staking for the Jade Green & Royal Indigo card.

Also, if you’re using the Earn, choosing at least this tier will increase your returns on your stakes.

If you don’t think you’ll use any of the special features and just want a basic card to get started, the Midnight Blue may be a good option for you.

To sum it up, the best Visa Card for you is one that you will actually use the benefits that come with it. Choose the card that has offers that make the most sense for you.

With any of these cards, you can’t go wrong because there are no fees involved. If you aren’t sure, you can always upgrade or downgrade your card.

What if I want to Upgrade or Downgrade the Card?

If you want to upgrade or downgrade your Visa Debit Card, you can do so at any time through the app. To upgrade your card, you will need to pay the difference in price between the tiers.

For example, if you are upgrading from a Ruby Steel to a Jade Green or Royal Indigo, you would have to stake SG$4500 more worth of CRO to reach this tier.

Once you have this amount staked, you can apply for the upgraded debit card through the app.

There’s no extra benefit for downgrading because there are no monthly or yearly fees. However, you can unstake your CRO and keep the card that you’ve already received.

As mentioned earlier, when you unstake your CRO you lose most of the benefits. However, when you upgrade to the next tier, you keep all the benefits plus new benefits associated with the upgraded tier.

There are no actual fees associated with upgrading or downgrading the cards, the only cost is the total amount staked to receive it.

Oh, not forgetting that if you upgrade your card, you’ll have to pay a $50 fee for them to issue you a new metal card.

You don’t have to request for a new metal card because your cashback, Spotify & Netflix rebates, CRO Rewards, and increased interest on Earn will be rewarded to you regardless of the physical card.

However, should you want the upgraded benefits of the airport lounge access and private jets, you’ll need the new card.

That’s because those benefits are tied to the physical card itself, not the tier.

It’s a bit weird since your App will show which tier you’re currently despite the physical card, but that’s how it works for now and there should be good reasons for them doing so.

Cons of the Card

The first disadvantage of the card is that it can take up to 7-14 business days for your card to be delivered after you have applied and been approved.

This may not seem like a long time but our research on Reddit and Facebook groups show that some had a waiting period of over 6-months!

Maybe this is tied to the country you’re currently in, but my friends in Singapore don’t usually wait longer than 2 weeks to receive their cards, it’s a small country with a pretty efficient posting service anyway.

The second disadvantage of the Card is also not accepted by all merchants; however, it can be used at most online retailers as well as over 40 million Visa merchants worldwide.

Some merchant types that do not reward with CRO back include:

  • Utility Services (electric, waste management, water, gas etc.)
  • Computer Software Programs
  • Memorabilia
  • Financial Services (banks, credit unions, insurance etc.)


Another thing to keep in mind is that you cannot link your card to Apple Pay, so if you’re someone who uses Apple Pay frequently, you’ll have to carry the physical card around.

Lastly, once you have loaded funds onto your Card, you are unable to withdraw them online, but rather in cash from an ATM.

How to apply for the Visa Card?

Step 1: Download the app.

Step 2: Create a account. You can do this by opening the app. You will then be instructed on creating an account. Enter your email address, create a password, and agree to the terms and conditions.

Step 3: After you have completed these steps, you will need to provide some additional information including your full name, date of birth, nationality, and residential address.

You will also be asked to upload a photo ID. Once this is complete, you will be able to see the different types of cards that are available.

Step 4: Select the card that you want.

Step 5: Purchase the CRO required and stake for 180 days.

How to load the Visa Card?

To load the Card, go to the “Card” page and tap on “Top Up”.

You can either top-up from your Wallet or a credit/debit card.

Select “Credit Card” and input all required information.

Tap “Add Card”, enter the amount you’d like to load the card with and confirm the transaction.

The process is simple and only takes a few minutes.

Do note that there’s a 1% fee credit card fee and a 0% debit card fee – so use your debit cards!

However, not all banks allow you to load your Visa Card, so do check first!

For our Singaporean readers, only DBS/POSB lets you do so.

Also, your banks might charge you a fee to do this, which we believe is 3.5% of the amount you load.

Trust us, we paid the price. *cries*

We recommended using Revolut to avoid these bank fees and for you to load up your card for free.

How to Make Additional Money from the Visa Card

The Visa Card can be a great way to earn additional money. By applying these proven methods, you can make the most out of your card.

Sign up and pair with a Curve card: By signing up and pairing your Card with a Curve card, you can earn additional rewards.

Sell slots in the Spotify/Netflix seats if you’re not using: If you have an unused Spotify or Netflix seat, you can sell it and earn some easy cash.

Reinvest the cashback into the Earn Program: By reinvesting the cashback, you earn into the Earn Program, you can passively grow your money.

Reinvest the cashback into staking in the Exchange: By reinvesting the cashback, you earn from using your card into staking in the Exchange, you can earn an additional income.

Reinvest the cashback into staking in the DeFi wallet: If you prefer DeFi, you can reinvest the cashback you earn into staking in the DeFi wallet and earn more passive income.

Reinvest the cashback into Supercharger: The Supercharger program allows you to stake your CRO coins and receive other cryptocurrencies. This can help diversify your portfolio and increase your earnings.

By following these tips, you can make the most out of your Visa Card and earn additional money.

How to Claim your Free Amazon Prime, Netflix, and Spotify Rewards?

For our international readers, you do not need to claim your free Amazon Prime, Netflix, and Spotify rewards. This is because you will be automatically reimbursed to the USD equivalent on the first day of each month. Just make sure that you are paying for these services using your Visa Card.

For our Singaporean readers, many including ourselves have faced difficulties when making payments using our cards.

There are 2 ways we found for you to overcome this.

Method 1: Pay with your usual credit/debit card first and send your invoice to the support team. You’ll only need to send your invoice once and their support team will reimburse you automatically each month.

However, our experience on the first reimbursement was that it took about a month before we got it, so you’ve got to be a little bit patient here.

Method 2: This was a “hack” that we found for you to pay directly with your Card. Firstly, create a PayPal account and add your Card to it.

Next, pay for Spotify via PayPal using your Card on the browser. Note that you’ll have to use to browser, as the Spotify desktop and mobile app does not offer PayPal.

You can try this with Netflix and Amazon Prime if they offer PayPal to check out!

This should automatically deduct funds from your Card and reimburse you with the CRO Token afterwards, but if it doesn’t you’d need to look at method 1.

So, is the Card worth getting?

Overall, I think the Card is worth getting if you’re looking for a way to earn cashback in the form of cryptocurrency (which can be sold for fiat currencies immediately), rebates, and other perks.

The card itself is well-designed and the CRO rewards program is generous. Not forgetting to mention that the metal card is sleek – my first ever metal card!

However, there are a few downsides to consider – namely, the required amount of CRO Tokens to keep the benefits.

Still, the Card is definitely worth checking out.

As mentioned, if you can afford at least the SG$5,000 worth of CRO stake, go for it. The 10% – 12% p.a. interest pays for itself.

If not, minimally go for the Ruby Steel. It’s only SG$500 and you get Spotify rebates. The Spotify rebates itself is 3.4% returns monthly, or $204 per year.

In 2 years 5 months, you reach breakeven and your Spotify subscription pays for itself. That’s excluding the 2% cash back you’ll earn from your spending.

Sign up for the Visa Card using our referral code “rq7u8nwjj4” to get up to US$45 worth of CRO here:

Frequently Asked Questions

No, the card is not a credit card but it is a debit card.

The card is a prepaid debit card and does not affect your credit score. has the Exchange and App, which will require different referral links and codes.

Click here to find the latest referral code and referral links.

Disclaimer: Each article written obtained its information from reliable sources and should be purely used for informational purposes only. The information provided by Dollar Bureau and its affiliated parties is not meant to be construed as financial advice. Dollar Bureau shall not be held liable for any inaccuracies, mistakes, omissions, and losses incurred should you act upon any information listed on this website. We recommend readers to seek financial planning advice from qualified financial advisors. 

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