Has anyone tried applying for the Crypto.com Visa card? I applied awhile back and my status has been in processing for the longest time and I haven't received the card yet

Replied to my friend on telegram abt cryptocom card, which I think has some risks:

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Ok saw it. 1% cash back without any CRO staked. I think not worth it tbh. Since that 1% cashback is not cash + I think the usual bank credit cards already offer 1% cashback.

If say u stake $400 CRO worth, 2% also just marginally better than (if I rmb correctly) Stan chart’s 1.5% on their card which is unlimited. Also the CRO can drop 50% in price so your cashback also drop half, your stake also drop half. Suddenly below $400 worth your cashback % drop to 1% another half 😂

Anyway, card looks cool but u would need to do your calculations cause there’s also other rebates like Spotify etc.

From 22 January 2020, any payment institutions operating in Singapore that provide account issuance services are required to make sure that the e‑money stored or transferred in and out of personal e-wallets do not exceed the holding and annual spend limits of S$5,000 and S$30,000.

This annual limit starts from your first transaction at these payment institutions after 22 January 2020 and refreshes on a 365-day rolling basis.

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This is a section from this article

https://blog.seedly.sg/cryptocurrency-regulatio...

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Does this mean that i am only allowed to have $5000 worth of crypto in my wallet?

and the maximum i can change to fiat is $30,000?

How long have you been waiting for it? I've waited for mine for about a month. They will send u an in-app notification once your card is '"óut for dispatch''

Got mine within 1-2 weeks. Wait times have shot up due to increasing demand it seems.