CoinsOnCards

    Issued by Cross River Bank (US) / Optimus Cards UK Limited (UK) — US: FinCEN MSB registration, state Money Transmitter Licenses. UK: FCA registration for crypto AML compliance, EMD agent status under Optimus Cards UK Limited

    Uphold CardReview

    Custodial Visa/Mastercard debit card spending 300+ assets with real-time point-of-sale conversion.

    3.0· Updated: Direct deposit promotion with evolving caps through October 2025
    Visit issuer
    Cashback
    Up to 6.0%
    Custody
    custodial
    KYC
    full
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: Multi-asset investors spending 300+ assets without manual conversion.

    Skip if: You live outside the US/UK or prefer non-custodial solutions.

    • Earn up to 6% XRP cashback, but funds are held custodially.
    • Spend 300+ assets, but with conversion spreads up to 3.10%.
    • Available in US/UK with Apple Pay, but promotional rewards are time-limited.
    Get the Uphold Card

    How it works

    • Spend directly from a portfolio of over 300 digital assets, including crypto, fiat, and precious metals, with real-time conversion at the point of sale. The card is available in both virtual and physical formats (metal for US Elite). It supports Apple Pay and Google Pay in both the US and UK. The US Elite tier includes zero foreign transaction fees. Spending limits are tiered, with the US Elite tier allowing up to $25,000 in daily purchases.

    Funding: No pre-loading required - spend directly from Uphold account balance · ACH · Domestic wire · SEPA · Faster Payments · SWIFT

    Rewards calculator

    Estimated cashback
    $60
    Effective rate 3.0%
    • $0–∞ @ 3.0% → $60 on $2,000

    Fees

    BankingSEPA: true · SWIFT: true · Direct deposit: true · Funding Methods: ACH, domestic wire, SEPA, Faster Payments, SWIFT. Instant Options: Visa Fast Funds for withdrawals to external debit cards. Business Accounts available with API access for enterprise integrations.

    Custody & risk

    • If the issuer disappears
      If Uphold ceases operations, users may lose access to funds. The service introduces counterparty risk.
    • Counterparty risk
      Custodial service introduces counterparty risk - if Uphold ceases operations, users may lose access to funds
    • Market risk
      Crypto and precious metals are not FDIC-insured; only USD Fiat Asset Account balances are protected
    • Regulatory risk
      Canada services withdrawn in 2023

    Uphold controls all private keys for user assets. Crypto is held in Uphold accounts until the point of sale. Users do not have direct control over their keys.

    Protections

    • Two-factor authentication (SMS/app)
    • Real-time transaction alerts
    • Instant card freeze/unfreeze
    • 3-D Secure (UK)
    • PIN management
    • Zero-liability fraud protection

    Insurance & coverage: USD Fiat Asset Account: FDIC insurance up to $250,000. Fiat E-money (UK): Safeguarded in regulated accounts. Crypto and precious metals held in cold storage with transparent reserve reporting but not FDIC-insured.

    Limits

    notes
    UK Standard: 50 daily transactions limit
    atm daily
    US Elite: $2,000 (3 withdrawals), US Essential: $500 (3 withdrawals), UK Standard: £500 per withdrawal (2 daily)
    atm monthly
    US Elite: $10,000 (30 withdrawals), US Essential: $2,000 (10 withdrawals), UK Standard: £1,000 total daily
    daily spending
    US Elite: $25,000, US Essential: $2,500, UK Standard: £10,000
    monthly spending
    US Elite: $100,000, US Essential: $10,000, UK Standard: No specific limit

    The good

    • Spend from 300+ digital assets and precious metals.
    • Up to 10% combined cashback with no-staking.
    • Instant conversion from 300+ assets at purchase.
    • FDIC insurance up to $250,000 on USD balances.
    • Supports Apple Pay and Google Pay in US/UK.

    The catches

    • Available in only 2 countries (US/UK).
    • Promotional 6% cashback rate is for 90 days.
    • UK 1% cashback is promotional and month-to-month.

    Limitations

    • majorLimited to US and UK residents only (excluding NY, LA, territories, Crown Dependencies)
    • moderatePromotional cashback rates are time-limited (90 days for card spend)
    • moderateCustomer support quality varies with slower response times
    • moderateNumerous merchant category exclusions for rewards (gambling, government fees, charitable donations, securities, quasi-cash)
    • moderateUK rewards program is promotional and month-to-month at Uphold's discretion
    • moderateUK rewards only apply to purchases funded by GBP balance
    • minorDirect deposit mixed-token reward (2% ZBCN/WMTx) limited to first 10,000 eligible participants
    • minorNo live chat customer support available

    Where rewards don't apply

    • Cash-equivalent transactions — Rewards excluded
    • Gambling — Rewards excluded
    • Government fees — Rewards excluded
    • Charitable donations — Rewards excluded
    • Securities purchases — Rewards excluded
    • Quasi-cash categories — Rewards excluded

    What users say

    Mobile app has 4+ star ratings per source. No public user ratings available yet per verdict section.

    Rating breakdown

    Net reward
    4.8
    Custody risk
    2.0
    Availability
    1.0
    Features & convenience
    4.5

    See our methodology for how we score each axis.