MCO Visa Card
This product is managed by Crypto.com.
MCO Visa Card is a multi-currency crypto metal card by Crypto.com. It famously features 100% cashback benefits for popular online services like Spotify, Netflix and Amazon Prime. For other regular spendings, you can get up to 8% cashback. All cashback amounts are credited in CRO back to your crypto.com wallet.
Additionally, having Lounge Key airport lounge access (upper-tier cardholders only) makes MCO Visa Card attractive for the highflyers.
While you can get the first tier of MCO Visa Card for free, the subsequent tiers that provide you extra cashback require you to stake CRO, which is crypto.com's coin. This means you have to purchase CRO tokens and hold them for 6 months.
Notably, with cryptocurrencies, a significant amount of risk is involved.
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The MCO Visa Card has a range of metal Visa cards linked to the Crypto.com App that enables users to convert and spend their cryptocurrencies anywhere Visa is accepted. Crypto.com App is a multi-currency wallet app that allows you to securely buy, sell, store, send and track cryptocurrencies and access a range of innovative financial services.
CRO stake requirement
Cashback & Benefits*
Frosted Rose Gold & Icy White
Royal Indigo & Jade Green
*Cashback benefits reduce after you unlock your CRO post 6 months of staking. Non-staking benefits will be reduced significantly.
While you can get the first tier of MCO Visa Card for free, the subsequent tiers that provide you extra cashback require you to stake CRO, which is crypto.com's coin.
The more CRO you have, the higher your tier. Hence while technically you do not pay for membership fees, you have to purchase CRO tokens and hold them for 6 months. Notably, with cryptocurrencies, a significant amount of risk is involved.
Here's how much it costs for each tier of the card after conversion of CRO to SGD.
conversion calculated based on values as of 18 September 2020
1. First, you will have to ensure you have sufficient CRO coins, to do so you can:
2. Next, once you have enough CRO tokens in your Crypto.com App for your selected MCO Visa card.
3. Go to the Card Page > Select desired MCO Visa Card > Stake CRO and follow the instructions
4. If you wish to unlock your staked CRO, simply go to the CRO wallet in your app and tap unlock.