MCO Visa Cards by Crypto.Com (ex “Monaco”) review [UPDATED]

3 4,402

This is the ultimate review of MCO Visa cards by Crypto.Com – this review page will be updated with “Monaco” unboxing videos, user reviews, and developments.

Jump to sections of this MCO Visa Card review:

  1. About MCO Visa Card
  2. Cost
  3. MCO Visa limits & fees
  4. Reddit reviews
  5. MCO Visa Card verdict
  6. Alternatives

The company has been getting there for years – and on October 22 Crypto MCO (formerly Monaco) finally started shipping their prepaid crypto cards for Singaporean users:

About MCO Visa Cards

The cards are tied to the MCO token and that is why the card levels are a bit unconventional – especially compared to e.g. Wirex cards, who were the first to launch the first crypto cash back cards tied to BTC, LTC, XRP and ETH (see Wirex review).

There are 5 levels of Crypto MCO cards all offering different amount of perks. The features include cashback, interbank exchange rates, LoungeKey™ Airport Lounge Access, free ATM withdrawals and more.

How to order your MCO Visa Card

The process to getting a card is not as simple as with other crypto debit card providers that have no token ecosystem.

In order to get your MCO card you need to buy MCO tokens and purchase and hold a certain amount of MCO tokens. Holding them in the MCO wallet app is called “staking” and the condition is that you do not move or spend the staked MCO coins for 6 months.

Once you have staked the MCO coins for 6 months you will get on the waiting list (over 100K people on it as of October 2018) and at some point your card will be shipped.

MCO Visa card cost

Here’s how much your MCO visa card will cost you in MCO coins and US dollars respectively:

  Obsidian Black Icy White Jade Green/Royal Indigo Ruby Steel Midnight Blue
Amount to stake for 6 months, MCO 50,000 MCO 5,000 MCO 500 MCO 50 MCO FREE
Amount to stake for 6 months, USD (Oct 24, 2018) $250,000.00 $25,000.00 $2,500.00 $250.00 0

The MCO coin to USD rate is around $5 at the time of writing, that is why the conversion rate. Needless to say these cards are very pricey for a regular cryptocurrency user.


MCO Visa Card limits and fees

Here’s a table with the limits and fees for all editions of Crypto.Com VISA cards available on their site:

  Obsidian Black Icy White Jade Green/Royal Indigo Ruby Steel Midnight Blue
Card Cashback 2% 1.75% 1.5% 1%
LoungeKey™ Airport Lounge Access + 1 Guest + 1 Guest  
Free ATM Monthly Withdrawal Limit (2% thereafter) $1,000 USD $800 USD $800 USD $400 USD $200 USD
Interbank Exchange Rates Monthly Limit (0.5% thereafter) Unlimited $10,000 USD $10,000 USD $4,000 USD $2,000 USD
MCO Purchase and Hold(6 Months) 50,000 MCO 5,000 MCO 500 MCO 50 MCO FREE

MCO Visa Card reviews on Reddit, Twitter and other social media > reddit

Meanwhile the Crypto_Com MCO community is eagerly awaiting unboxing videos from Singaporeans, and we will update the artcile once the videos appear:

Hey Singaporeans: Would love to see some unboxing and working card videos from Crypto_com

October 29, 2018 – so far only Crypto.Com employees report usage of the card on Twitter:

Bobby Bao, the co-founder:

Eric Anzani, the chief strategy officer:

Other customers, however, are still complaining about lack of cards or even information on the cards:


MCO Visa Card verdict

Most of the MCO Visa card levels are extremely pricey and make sense mostly to early MCO investors who got a lot of coins previously. Still, if you can spend 0-$250 on a prepaid crypto card you could consider joining the MCO waiting list.

Card application seems like a slow process with the long waiting list that’s currently there. Hopefully the line will diminish by 2019 and actually buying a card fast and easy will be possible.

We hope MCO will become another option for everyone who needs a crypto debit card worldwide. So far the card is being shippid to Singapore residents and we are awaiting for unboxing videos and usage reports.

MCO Visa Card alternatives

If you are a EU or Canada resident – your best option is to order a Wirex card. Read the full Wirex review for more details.

If you are a US resident consider getting a Shift or a Bitpay card. See the Bitpay vs Shift review for more info.

If you are a resident of any other region in the world then the only option right now is to get a Paycent card.


  1. Sean Rach says

    Thanks for this review. A point of clarification for your readers, the MCO lockup starts your reservation not “Once you have staked the MCO coins for 6 months you will get on the waiting list.” Once the 6 months lock up, your tokens are returned to you. The MCO Visa Card is a Metal card, no annual fee, airport lounge access, crypto cashback, Free ATM, tied to a powerful app with 6 cryptocurrencies (as of now).

    A complete list of the benefits of our platform are found here:

    We have also reached out to the user who posted on Twitter (his tweet is not visible today 2 Nov) to enquire if he needs any assistance. Our support is available via in-app/website chat or email

    Hope this helps.

    1. Staff says

      Sean, thanks for stopping by!

      > Once the 6 months lock up, your tokens are returned to you.

      Yeah, but considering the volatility of most crypto anyone “parking” their tokens for so long is risking to lose their investment. So in a way this is as good as just buying the card for that amount. Surely there is a large chance to get it all back but still the risks are there.

      We’ll be following your news (impressive press release about the Metropolitan Commercial Bank to issue US cards, btw) and updating this and other articles on your company. Good luck!

  2. […] article may contain outdated info. Please see the updated MCO VISA card review for the most accurate […]

Leave A Reply

Your email address will not be published.