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We are doing a full BlockCard review and will be sharing our findings. If you have been anxiously waiting for stores across the world to start accepting Bitcoin but find adoption on that front to be slower than you want, then you are going to really want to check out what is happening in the crypto space, where almost over night, every store in America, and dozens more countries coming soon, will be able to start accepting crypto for everyday goods and services using a crypto payment card.   

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The BlockCard is a digital payment card that allows you to store and spend your crypto anywhere credit or debit cards are accepted. Brought to you by Ternio, you can now use a physical card or your mobile phone to make payments with your crypto anywhere you go. 

Using a crypto payment card called BlockCard, you can now spend your Bitcoin or 10+ popular other cryptocurrency coins anywhere Visa is accepted. 

You should not get this card if you don’t own crypto or don’t plan on spending your crypto. You will need to deposit crypto just to get the card. The monthly cost doesn’t make sense if you want to get this card as a backup card.

Pros

  • Instant and easy access to your crypto through use of a physical card or Google/Apple pay systems. 
  • Stabilized value of a digital currency 

Cons

  • Inability to profit in bullish markets 
  • The centralization of the marketplace allows BlockCard to almost “assign” a price.
  • Card is not designed for everyone. Only the true crypto enthusiast might appreciate this.
  • $5 monthly fee

BlockCard Review and Deep Dive

The real question is will BlockCard be the winner that attracts people into crypto or are there better options? 

That’s what we want to find out in this Blockcard review article.

Answer: There are other cards you should consider but continue reading to learn more. 

See our favorite card that offers 1.5% Bitcoin back on every purchase you make.

It has been hard to find a stable crypto payment card ever since 2017 and most of the companies that offered crypto debit cards have been shut down. The biggest problem is the volatility and businesses not wanting to take risks on accepting a currency that could lose 50% of it’s value by end of day. 

We recently caught wind of the BlockCard, the card that claims to be able to solve the volatility issues and become your crypto payment card solution around the world.  

The Demand For A Crypto Payment Card

We know there is a demand for having immediate access to your cryptocurrency, without having to use multiple devices, access your cold storage wallet, fiddle with apps and deal with inefficient time-wasting processes. You should be able to spend your crypto just as easily as you can spend the money from your bank account, without worrying about the value swinging wildly day-to-day, and the BlockCard is aiming to help you accomplish this. 

What is the BlockCard?

blockcard review

The BlockCard is a digital payment card that allows you to store and spend your crypto anywhere credit or debit cards are accepted. Brought to you by Ternio, you can now use a physical card or your mobile phone to make payments with your crypto anywhere you go. 

How does the BlockCard work?

Using a crypto payment card called BlockCard, you can now spend your Bitcoin or 10+ popular other cryptocurrency coins anywhere Visa is accepted. 

But how exactly can the BlockCard use your different coins all at once? 

You deposit your crypto to fund your account and all your crypto is converted to the BlockCard dedicated token called Tern. Tern is a stable coin, fully licensed and designed to replicate the value of a dollar in digital form. 

As you read through this Blockcard review, you will quickly see it’s not the perfect solution, but it does work for some people. The volatility of crypto sometimes make it less appealing to spend your coins so Tern is designed to be more of  a stable valued coin to hedge your account during big market swings. 

There are some benefits but also some drawbacks to consider that make Tern and BlockCard unique to other cryptos.

Google & Apple Pay 

If you are on-the-go and don’t want to carry your physical card with you, you can simply sync it with the Google or Apple pay and use your phone to make purchases. Each purchase will deduct the amount right from your crypto balance immediately, using the Tern token. 

Spend Digitally or Physicallyblockcard benefits

Once you signup and follow the instructions to complete account registration, you are going to be able to spend your funds online within minutes while you wait for your card. 

BlockCard choices and costblockcard metal or plastic

There is not a cost to open an account with a digital wallet and use a virtual card but if you want a physical card you have a couple options. Each account requires a minimum deposit of $100 to start using payment systems. 

Platsic card: You can get a plastic crypto BlockCard for $10 and can withdraw or spend $3,000 per day spending limit.

Metal card: The metal card is $50 and gives you and daily spending and withdrawal limit of $5,000. 

BlockCard fee

Something to highlight in this Blockcard review, there are no transaction fees, purchase fees, or exchange fees. The only fee is $5 a month usage fee which can save you a ton of money if you use this as your primary card. After a few purchases the transaction fees you save will pay for the monthly service. 

If you spend $750 a month there are no monthly fees to use the card. 

BlockCard legal and compliance

Upon registration you will be asked to identify yourself by submitting drivers license and input the same information that is found on your ID or passport.

Within seconds you will notified if you were approved and you can always go back and resubmit if you have any issues.  

Is the BlockCard available in my country?

The BlockCard at the moment is available only in US but with the plans for global expansion, it would not be surprising if your country offered BlockCard by the time you read this BlockCard review.

Who is the BlockCard for?

Now that we have read this Blockcard review, we know what the BlockCard is and how it works, but how do you know if it’s right for you?

The BlockCard is certainly not for everyone. You are paying through the nose for convenience and don’t have any real chance to capitalize on the immense profits a real cryptocurrency coin that trades on major markets can offer you.

You should not get this card if you don’t own crypto or don’t plan on spending your crypto. You will need to deposit crypto just to get the card. The monthly cost doesn’t make sense if you want to get this card as a backup card. It truly is for people that had a Shift card at one point and miss the convenience of being able to spend their crypto anywhere they go. 

Pros and Cons of using BlockCard

Pros:

  • Instant and easy access to your crypto through use of a physical card or Google/Apple pay systems. 
  • Stabilized value of a digital currency asset not tied to government currencies
  • Increases consumer and business adoption and spreads awareness of the benefits of crypto. 
  • Freedom and control of your own money without banking intervention

Cons:

  • Inability to profit in bullish markets that rise the price of the crypto you transitioned to have available for spending on your BlockCard. (This is due to lack of liquidity and not being available on major exchanges.
  • The centralization of the marketplace allows BlockCard to almost “assign” a price.
  • Card is not designed for everyone. Only the true crypto enthusiast that has the crypto to spend and wants to spend will use this card.
  • The fees are not going to make sense people who don’t plan on using the card frequently. 

Update: In a recent comment on this Blockcard review post, a guest pointed out some flaws in this card regarding to you never being able to purchase at market rate and were automatically losing 10-15% during purchase because you are forced to buy through the BlockCard market of choice. 

Blockcard Compared

BlockCard Review: The Best Crypto Payment Card in 2022? 1

Blockcard

Fees: One flat monthly rate that can be waived when using the Blockcard

Rating:

BlockCard Review: The Best Crypto Payment Card in 2022? 2

BlockCard Review: The Best Crypto Payment Card in 2022? 3

Crypto

Fees: 0% first 30 days. Fees vary by card and tier

Rating:

BlockCard Review: The Best Crypto Payment Card in 2022? 4

BlockCard Review: The Best Crypto Payment Card in 2022? 5

Fuze Card

Fees: Card/hardware wallet starts at $99

Rating:

BlockCard Review: The Best Crypto Payment Card in 2022? 6

If you still want to get a BlockCard, you can get one with the link below.

Setup your BlockCard account here and get a free $10

If on the other hand, you want a more flexible card that offers better rewards and doesn’t ding you with high monthly fees, see below. 

Recommendation: Sign up free for a 1.5% Bitcoin back card

Thanks for visiting and checking out this Blockcard review? Leave your thoughts below and let us know if you have used the Blockard or plan on using it. 

Patrick Moore
Patrick has been a part of the cryptocurrency community since 2014 and created CryptoWhat in 2015 to help new users learn more about cryptocurrencies. Despite not being a financial expert, his passion for cutting-edge technology drives him to share knowledge and information with as many people as possible about the potential of cryptocurrencies and how they will change the financial sector.
By: Patrick Moore
By: Patrick Moore