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May 10, 2019
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Card Review: Monaco Bitcoin Debit
Monaco allows users to spend and transfer money around the world with the use of favorable interbank exchange rates, saving about 30-40 euros per 500 euros spent. The Monaco card will work in the VISA network, which will make it possible to use it in all parts of the world. The card can work with Bitcoin (BTC), Ethereum (ETH) cryptocurrency and other ERC20 standard tokens.
The blockchain technology community members participating in Monaco ICO will receive MCO tokens in exchange for their contributions to ETH. As holders of MCO tokens, they will be owners of a share in the MCO Asset Contract. MCO Asset Contract is an essential part of value creation for MCO token holders. Whenever a Monaco VISA card user spends BTC, ETH, or other ERC20 standard tokens, Monaco will charge a 1% software license fee. These fees will automatically be transferred to the MCO Asset Contract.
Card types offered by Monaco
Using the card of Monaco, users will have the opportunity to create a free account on which you can store cryptocurrencies and fiat money. The card promotes its own cryptocurrency MNS, but also supports Bitcoin and Ethereum. All conversions from the card will take place both online and offline, at the lowest commissions. Therefore, the cards will be accepted in any stores where they accept Visa cards. Paying for cryptocurrencies through the Monaco card, you will receive up to 2% cashback.
Card Type: Midnight Blue
Chasback Return: 0%
Limit for ATM Withdrawal (2% thereafter): $200
Limit for Interbank Exchange (0.5% thereafter): $2,000
MCO Private: No.
Casback Returned to Wallet: No.
Reference Transaction %: No.
Referential Program (Bonuses for share): No.
Discounts for Investment Fee: Np.
Card Type: Ruby Steel
Chasback Return: 1%
Limit for ATM Withdrawal (2% thereafter): $400.
Limit for Interbank Exchange (0.5% thereafter): $4,000
MCO Private: No.
Casback Returned to Wallet: 0.2%
Reference Transaction %: 10%
Referential Program (Bonuses for share): $100 ($20 x 5 friends)
Discounts for Investment Fee: 50%
Card Type: Jade Green
Chasback Return: 1.5%
Limit for ATM Withdrawal (2% thereafter): $800.
Limit for Interbank Exchange (0.5% thereafter): $10,000
MCO Private: No.
Casback Returned to Wallet: 0.4%
Reference Transaction %: 15%
Referential Program (Bonuses for share): $400 ($40 x 10 friends)
Discounts for Investment Fee: 50%
Card Type: Icy White
Chasback Return: 1.75%
Limit for ATM Withdrawal (2% thereafter): $800.
Limit for Interbank Exchange (0.5% thereafter): $10,000
MCO Private: Yes.
Casback Returned to Wallet: 0.8%
Reference Transaction %: 20%
Referential Program (Bonuses for share): $4,000 ($80 x 50 friends)
Discounts for Investment Fee: 50%
Card Type: Obsidian Black
Chasback Return: 2%
Limit for ATM Withdrawal (2% thereafter): $1,000.
Limit for Interbank Exchange (0.5% thereafter): Unlimited.
MCO Private: Yes.
Casback Returned to Wallet: 1%
Reference Transaction %: 25%
Referential Program (Bonuses for share): $10,000 ($100 x 100 friends)
Discounts for Investment Fee: 50%
