CoinsOnCards

    RedotPay CardReview

    Hybrid custody Visa prepaid card with high spending limits ($1M daily) and real-time conversion from crypto.

    3.0· Updated: External Wallet Connection (DApp) now live for MetaMask and WalletConnect users
    Visit issuer
    Cashback
    Up to 0.00%
    Custody
    hybrid
    KYC
    full
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: High-volume spenders needing access in 100+ countries without staking requirements.

    Skip if: You want cashback rewards or a card without a 1% crypto conversion fee.

    • High $1M daily limit but a $100 physical card issuance fee.
    • No monthly fees but a 1% crypto conversion fee on all spending.
    • Supports Apple Pay/Google Pay but is rejected by services like Netflix.
    Get the RedotPay Card

    How it works

    Funding: Crypto deposit (BTC, ETH, USDT, USDC) · Binance Pay (free instant transfers) · External wallet connection (MetaMask/WalletConnect) · Telegram Mini-App (USDT on TON) · Fiat deposits (HKD/USD)

    Fees

    annual feeNo monthly or annual fees.
    other feesDormancy Fee: $5/month after 12 months of inactivity. Declined Transaction Fee: $0.50 each after 3 per month.
    monthly feeNo monthly or annual fees.
    issuance feeVirtual Card: $10 (one-time) Physical Card: $100 (one-time)
    atm withdrawal fee2.0% of withdrawal amount, plus the 1% crypto conversion fee.
    crypto conversion fee1.0% on all transactions.
    foreign transaction fee1.20% for non-base currency transactions.
    BankingPrimary settlement currencies: USD and HKD. Fiat deposits available in HKD/USD.

    Borrowing terms

    Credit Account - users pledge crypto assets as collateral, receive a credit limit, and spend via the card (available in select markets, particularly Singapore)

    Credit-based spending available in select markets. Users can pledge assets for a credit limit spendable via the card.

    Custody & risk

    • If the issuer disappears
      If the provider disappears, assets held on RedotPay are lost; assets in external wallets remain under user control.
    • Counterparty risk
      Custodial service - RedotPay holds user crypto assets for direct deposits
    • Regulatory risk
      RedotPay states that promotion or distribution outside Hong Kong is not actively pursued; users outside Hong Kong use the service on their own initiative
    • Market risk
      List of unsupported countries is subject to change; several previously supported countries now restricted

    Users can deposit crypto to RedotPay's custodial wallet (platform holds keys) or connect an external wallet like MetaMask/WalletConnect to spend directly, maintaining self-custody until the point of transaction.

    Protections

    • Freeze/unfreeze card instantly
    • User-customizable spending limits
    • Toggle specific transaction types (online, offline, ATM)
    • Currency restrictions
    • Two-factor authentication
    • Biometric login support
    • TLS/HTTPS encryption
    • Real-time blockchain monitoring via Chainalysis and Elliptic
    • Funds segregation (customer funds kept separate from company funds)

    Custody partners: Fireblocks, LSEG, Sumsub, Circle, Solana

    Limits

    notes
    Minimum transaction: $0.50 USD
    atm daily
    $5,000 USD (5 withdrawals per day)
    atm monthly
    $200,000 USD (75 withdrawals per month)
    daily spending
    $1,000,000 USD
    per transaction
    $100,000 USD

    The good

    • Exceptional spending limits ($1M daily)
    • No monthly or annual fees
    • Available in 100+ countries
    • Supports Apple Pay, Google Pay, Samsung Pay
    • Real-time conversion from BTC, ETH, USDT, USDC

    The catches

    • Physical card issuance fee of $100
    • 1% conversion fee on all transactions
    • Limited core deposits: BTC, ETH, USDT, USDC

    Limitations

    • majorSome popular services reject the card (Netflix, Spotify, Microsoft, Google Play, Meta)
    • moderateNo cashback rewards program unlike many competitors
    • moderatePhysical card issuance fee of $100
    • moderateSeveral previously supported countries now restricted
    • moderateExact spread used when converting crypto to fiat is not explicitly documented, potentially adding hidden cost
    • moderateSome users report card being declined for buying cryptocurrency on exchanges
    • minorLimited core cryptocurrency selection for direct deposits (BTC, ETH, USDT, USDC)
    • minor1% conversion fee on all transactions
    • minorCrypto withdrawal fees from platform not clearly specified
    • minorCustomer support quality can be inconsistent

    Where rewards don't apply

    • Netflix — Service rejection reported
    • Spotify — Service rejection reported
    • Microsoft — Service rejection reported
    • Google Play — Service rejection reported
    • Meta — Service rejection reported
    • Gambling/Lottery services — May be restricted
    • Some forex trading accounts — Users report issues funding
    • Cryptocurrency exchanges — Purchasing cryptocurrency with the card may be declined

    What users say

    App Store
    4.8/5.0 (1,681 ratings)
    Google Play
    4.4/5.0 (25,985 ratings)
    Trustpilot
    3.9/5.0 (501 ratings)

    High transaction limits widely praised. Broad global acceptance where other crypto cards aren't available. Mobile wallet integration works seamlessly. Clean, intuitive interface. Some complaints about service rejections and lack of cashback.

    Rating breakdown

    Net reward
    0.0
    Custody risk
    3.5
    Availability
    3.5
    User experience
    4.4
    Features & convenience
    4.0

    See our methodology for how we score each axis.