TL;DR.Moonwell Card is a Visa crypto debit card (Virtual + Physical, KYC: Light KYC). Cost per $100 spent: $0.5. Top-up fee 0.5%, FX fee 1.5%. Wallet support: Apple Pay + Google Pay. Status: degraded. Last verified: July 21, 2026.
CARD PROFILE · LIGHT KYC
Moonwell Card.
DeFi-native Visa from Moonwell + Cypher partnership — load USDC from Base wallet, OR borrow against assets and spend without selling, Apple/Google Pay, 180+ countries. NOTE: winding down as of July 2026 (Cypher acquired by Nium).
Cost / $100
$0.50
Top-up fee
0.5%
Network
Visa
Card type
Virtual + Physical
IBAN
No
Monthly limit
—
Status
Degraded
Pros.
- +DeFi-native via Cypher partnership — borrow against assets and spend
- +180+ supported countries
- +Accepted at 44M+ Visa merchants
- +0% FX on USD transactions
- +Apple Pay & Google Pay
- +USDC top-up from on-chain wallet on Base
- +Borrow USDC on Moonwell to pay without selling holdings
Cons.
- −🟠 DEGRADED — card partner Cypher is sunsetting (acquired by Nium): card loading disabled since Jul 8, 2026, spending ends Aug 7, 2026, platform shuts down Sep 6, 2026
- −1.5% FX on non-USD transactions
- −ATM 3% per withdrawal, $2,000/day across max 3 withdrawals
- −0.5% USDC load fee
- −USDC on Base only — single chain
- −Routes through Cypher → Reap (HK partner bank)
- −Full KYC via Cypher
- −US blocked since May 30, 2025
FEE BREAKDOWN
Detailed fee breakdown.
Top-up fee
0.5%
Transaction fee
—
FX fee
1.5%
Issuance
Free
Monthly
Free
Cost / $100
$0.50
🟠 Cypher (the card's issuing partner) is sunsetting after being acquired by Nium: new card loading disabled since July 8, 2026; card spending ends August 7, 2026; full platform shutdown September 6, 2026. No annual fee. USDC load 0.5%. FX: 0% USD / 1.5% non-USD. ATM 3% + $2,000/day across max 3 withdrawals. Routes through Cypher Hong Kong partner bank Reap. US blocked since May 30, 2025; also blocks China, Russia, Belarus, NK, Iran, Syria, Cuba, Venezuela and 80+ others.
COVERAGE
Where it works.
Supported coins
USDC
Chains
Base
Use cases
Online · IRL · ATM
Blocked countries
USCNRUBYKPIRSYCUVE
WALLETS
Apple PayYes
Google PayYes
ATMYes
REPUTATION
Trustpilot
—/5
0 reviews
Monetiro score
90/100
Verified July 21, 2026
ALTERNATIVES