No, it’s not possible at the moment.
Yes.
Not exactly. In a traditional bank, you deposit your funds with them for safekeeping. With BananaCrystal, your assets remain in your crypto wallet. You only load the amount you intend to use onto our card through our offshore bank partner. So, you could consider it more of a Web 2.5 bank. However, what sets Crystal apart is its decentralized nature. As the only debit card provider currently operating in a decentralized manner, BananaCrystal offers a unique financial solution. While all cards are supported by Visa. Additionally, keep in mind that additional fees, such as ATM withdrawal fees, apply and may vary based on your local ATM or POS provider.
There are three tiers available for the BC Debit Cards: Plastic Black, Metal Gold, Metal Silver, and Metal Black. Each tier offers different features and benefits: 1. **Plastic Black:** This tier offers a standard plastic card with a card application fee of $300 USD. It has a loading fee of 3.125% and a monthly loading cap of $20,000 USD. 2. **Metal Black:** The Metal Black tier provides a manufactured metal card. It has a card application fee of $500 USD, including a loading fee of 2.875% and a monthly loading cap of $30,000 USD. 2. **Metal Silver:** The Metal Silver tier also provides a manufactured metal card. It has a card application fee of $750 USD, including a loading fee of 2.625% and a monthly loading cap of $50,000 USD. 3. **Metal Gold:** The Metal Gold tier, available for a card application fee of $1000 USD, also offers a manufactured metal card. It has the lowest loading fee of 2.125% and the highest monthly loading cap of unlimited. While all cards are supported by Visa. Additionally, keep in mind that additional fees, such as ATM withdrawal fees, apply and may vary based on your local ATM or POS provider.
BananaCrystal’s fees are competitive when compared to other services offering similar benefits. When evaluating fees, it’s important to consider the value provided by BananaCrystal, including seamless crypto-to-fiat conversions and the ability to use your card globally. Our fees are structured to reflect the costs associated with providing these services while ensuring they remain accessible to our users. Additionally, compared to the premiums charged for over-the-counter (OTC) transactions and cross-border fund transfers, BananaCrystal’s fees offer a cost-effective solution for managing your assets across different financial ecosystems.
