CoinsOnCards

    Issued by SR Saphirstein AG (CHE-256.014.995), Zürich, Switzerland — FinTech License (Article 1b Swiss Banking Act), supervised by FINMA (Swiss Financial Market Supervisory Authority)

    UR Mastercard Virtual DebitReview

    Swiss-regulated, virtual-only Mastercard debit card for direct on-chain crypto-to-fiat spending.

    2.0· Updated: Promotional Pro Membership - Three months free Pro access for accounts verified between October 7, 2025 – January 6, 2026
    Visit issuer
    Cashback
    Up to 0.00%
    Custody
    custodial
    KYC
    full
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: Crypto-natives in Europe/Asia needing a Swiss-regulated, zero-fee USDC/USDT off-ramp.

    Skip if: You are a U.S. Person, need a physical card, or require deposit insurance.

    • 0% off-ramp fees for USDC/USDT but no spending cashback.
    • Supports Apple Pay/Google Pay but is a virtual-only card.
    Get the UR Mastercard Virtual Debit

    How it works

    • Virtual-only Mastercard with instant activation. Provides a personal Swiss IBAN and supports multicurrency accounts (CHF, EUR, USD, RMB, JPY, HKD, SGD). Features 0% fee off-ramps for USDC/USDT and free SEPA/SWIFT bank transfers. In-app card controls include freeze, alerts, and transaction management. Supports on-chain deposits from Arbitrum, Base, Ethereum, and Mantle networks.

    Funding: On-chain crypto transfer via mobile app or web dashboard

    Fees

    BankingSEPA: true · SWIFT: true · IBAN: true · Swiss IBAN assignment after verification for Pro members. SEPA, SWIFT, and SIC payment integration. Bank transfers available only for Pro tier ($24/month). Bank withdrawals generally require you to first deposit a small amount from the same bank account. Withdrawals are then limited to that same verified account for compliance purposes.

    Custody & risk

    • If the issuer disappears
      If the provider disappears, users lose access to funds held on the platform.
    • Counterparty risk
      Platform holds user crypto after deposit; users do not control private keys. If provider disappears, users lose access to funds held on platform.
    • Regulatory risk
      No deposit insurance coverage under Swiss Deposit Protection Scheme
    • Market risk
      USDe rate capped at 1:1 against USDC based on major CEX rates; spending may be paused if depeg exceeds threshold

    The platform holds user crypto after deposit; users do not control private keys. Crypto is converted to fiat and represented as UR Cash Tokens on the Mantle network. Custody transfers to the provider at the point of deposit and conversion.

    Protections

    • 3-D Secure/SCA (PSD2) with OTP to registered email
    • Biometric passport with NFC scanning capability for KYC

    Insurance & coverage: Not covered under Swiss Deposit Protection Scheme

    Limits

    notes
    Monthly Account Limit: 100,000 CHF. All limits are fixed and cannot be adjusted.
    daily spending
    €10,000
    monthly spending
    €20,000

    The good

    • 0% off-ramp fees for unlimited USDC/USDT conversion.
    • Instant virtual card with Apple Pay/Google Pay support.

    The catches

    • Fixed spending limits: €10,000 daily, €20,000 monthly.

    Limitations

    • majorVirtual-only format with no physical card or PIN
    • majorNo deposit insurance coverage under Swiss protection schemes
    • majorComplete exclusion of U.S. Persons (citizens, residents, green card holders)
    • majorNo ATM access specified
    • moderateFixed spending limits (€10,000 daily, €20,000 monthly) cannot be adjusted
    • moderateBank transfer capabilities require $24/month Pro subscription
    • moderateExtensive restricted payment countries list automatically declines many international transactions

    Where rewards don't apply

    • Automated fuel dispensers — Automatically rejected merchant category
    • Gambling/lottery/casino — Automatically rejected merchant category
    • Money transfer businesses — Automatically rejected merchant category
    • Quasi cash — Automatically rejected merchant category
    • Political/religious organizations — Automatically rejected merchant category
    • Utilities — Automatically rejected merchant category

    What users say

    No public user ratings available yet

    Rating breakdown

    Net reward
    0.0
    Custody risk
    2.0
    Availability
    2.5
    Features & convenience
    3.0

    See our methodology for how we score each axis.