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Blockcard Review - Pros, Cons, and How it Compares?

Are you looking for a crypto debit card in the United States? You must have come across Blockcard while research. Read this review to find out if it is really good for you.

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Our take

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What is Blockcard?

Blockcard is a cryptocurrency debit card launched in 2019 by Ternio, a US-based blockchain company. Founded in 2017, Ternio is well-known for offering Lexicon, a highly scalable blockchain framework to enterprise business clients. Ternio came out with Blockcard to make it easy to buy and spend cryptocurrencies. 

Available in both plastic and metal formats, Blockcard Visa Card offers free deposits and withdrawals. They do not charge any exchange fees either. As of now, Blockcard is only available in the United States. Soon, it will also be available in 31 countries in the European region. 

At the time of the launch of Blockcard, it only supported 5 cryptocurrencies but today it supports 12 cryptocurrencies. It includes some of the largest cryptocurrencies by the market cap like Bitcoin, Ethereum, Ripple, and Litecoin. A Blockcard user can convert cryptocurrencies into US dollars to spend.

Bank Account

Blockcard offers free FDIC-insured bank accounts to users, and they do not demand any minimums from their users. Blockcard bank account holders can instantly move crypto to fiat or fiat to crypto. They can also use their Blockcard bank accounts to make transactions anywhere in the world.

The bank account comes with a modern and intuitive interface. Users can keep track of their spending and also track their purchase and selling of cryptocurrencies through the interface. It also enables its users to transfer money with their friends and family. To withdraw or deposit funds, users can opt for ACH & Wire Transfer.


USD Margin Lending

  • Return rates optimized daily
  • Secure, stable investment growth
  • No minimum
  • No lock-up period, withdraw anytime

The Reward

A Blockcard holder user can earn TERN tokens by providing liquidity, spending using their blockcard, or by staking. The users can also earn crypto cash back rewards up to 6.38% by staking or spending using their Blockcards. 

A Blockcard holder can also earn ERC-20 TERN tokens by staking Stellar-based TERN tokens. Users can also earn TERN tokens by providing liquidity on Uniswap, depending upon the amount of liquidity they provide.


Pros and Cons of Blockcard


  • Offers a quick and hassle-free signup process.
  • Supports 12 cryptocurrencies, which are more what many other crypto debit cards support.
  • Cashback up to 6.38%.
  • Monthly fees on Blockcard are waived if a cardholder spends more than $750 a month on their card.
  • Supports Apple Pay, Samsung Pay & Google Pay
  • Cardholders can receive TERN tokens for using Blockcard for purchases.


  • Only available in the United States now.
  • Using Blockcard in international locations can prove to be costly.
  • Users also have to pay for checking the balance available on their cards from an ATM.
  • Blockcard holders have to pay a fee for cash withdrawals at ATMs.

Frequently Asked Questions About Blockcard

If you still have questions after reading the rest of this Blockcard review. We’ll do our best to answer the most common questions that you may have about Blockcard below.

Are there any geographical restrictions on who can sign up for Blockcard?

Yes, as of now, only US residents can sign up for Blockcard. But Blockcard will soon be available in 31 countries in the European regions.

What are the Fees on Blockcard?

A user holding a blockcard will have to pay a monthly fee unless they fulfill the minimum spending requirement. Any users that spend more than $750 at POS merchants on their Blockcard will not have to pay a monthly fee. If cardholders spend less than $750, they will have to pay a monthly fee of $5.00. 

There are no fees for POS transactions or swiping your card. As for PIN transaction, the fees depends on the type of transaction - domestic or international. If it is a domestic PIN transaction, the fee is $1.00, and for international PIN transactions, the fee is $2.00.

When it comes to withdrawal, cash withdrawals at domestic ATMs attract a $3.00 fee, whereas withdrawing cash from ATMs in international locations will attract a $3.50 fee. Users will also be charged for ATM cash withdrawal declines. 

For domestic declines, users will be charged $0.50, and for international declines, they will be charged $1.00. A cardholder will also have to pay for an ATM balance inquiry and the current fees charged for a domestic ATM balance inquiry on Blockcard is $0.50.

In case a user wants to close their accounts, they won't have to pay any fee as Blockcard does not charge any fees for account closure or balance refund.

Does Blockcard charge any activation fees for issuing the card?

Yes, Blockcard charges an activation and card fee that a new user will have to pay. The card fee depends on the type of card a user wants. If a user opts for a plastic + virtual card, they will have to pay a $10.00 activation and card fee. On other hand, they will have to shell out $50.00 if they opt for metal + virtual card.

Does Blockcard Provide a replacement card to their Users if their card is lost or stolen?

Yes, Blockcard offers a replacement card to users, but it is chargeable. A user will have to pay $10.00 for a plastic card and $50.00 for a metal card.


Available only in the United States now, users can use Blockcard to receive cashback up to 6.38%. Providing an easy way of converting crypto into dollars, you can use your blockcard at any location where Visa cards are accepted. Blockcard is one of the best crypto debit cards available in the United States when it comes to domestic transactions. But if you are planning to use a Blockcard Visa card for international transactions, you must know that the fees for using it for international transactions are on the higher side.

Our Blockcard score

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Ease of use