Club Swan Crypto Debit Card Review [2022]

Club Swan is a membership-based lifestyle manager and crypto service provider offering a wide range of services including Club Swan crypto debit cards, 24/7 concierge services, and the ability to buy or sell cryptocurrencies such as Bitcoin. It also offers global shopping services, travel discounts, and also supports crypto wallets.

 

A card that allows you to spend digital and traditional currencies seamlessly anywhere in the world. Spend 150+ currencies at millions of retailers and service providers, in store or online.

Key Takeaways

  • You can convert crypto to fiat and vice versa.
  • You are able to spend over 150 different fiat currencies including GBP, USD and EUR and several cryptos including Bitcoin.
  • The high limit prepaid crypto card is ideal for wealthy individuals who need high spending limits.
  • The crypto card allows you to use your cryptos to buy everyday items online or offline where MasterCard is accepted.
  • Free international global shipping with DHL
  • Club Swan is authorized by the Financial Conduct Authority.

Club Swan Crypto Debit Card

The crypto card is ideal for new crypto investors, experienced investors, crypto adopters, and frequent travellers. Club Swan offers three versions of crypto prepaid debit cards based on your membership level. You can use the card to spend fiat and crypto all around the world and online.

Types of Club Swan Crypto Card

Club Swan offers three types of cryptocurrency cards powered by MasterCard:

  • The Standard Plastic Card (Starter & Premier Membership)
  • The Limited Edition Aluminium Card (VIP Membership)
  • The Limited Edition Stainless Steel Card (Chairman Membership).

You can use any of these cards to convert crypto to fiat, crypto to crypto, or fiat to crypto in few minutes. Club Swan partners with online and offline stores including Amazon, Spotify, PlayStation, TopGolf and others. When you shop in these stores, you get instant rewards which are directed instantly to your Club Swan crypto debit card.

How the Club Swan Card Works

When paying for goods and services using a Crypto-funded debit card such as the Club Swan card, the card converts your crypto and pays the merchant in fiat. Club Swan also allows you to sell your crypto directly to the platform’s exchange for fiat money. The fiat will be sent to your account on the platform and you can use it to manually top up your card. After topping up your card with fiat, you are free to spend your money online, in-stores, restaurants, shops, cafes, and at any retailer that accepts card payments.

Club Swan card has a base currency. For instance, if you select a USD card the base currency will be in that currency (USD). If you use your card to make a purchase in a different currency, the merchant will be paid in that currency. The funds will automatically be exchanged from USD into any of the 150+ different currencies supported by the card using competitive exchange rates.

Check out Club Swan crypto card

Club Swan Crypto Card Supported Currencies

Club Swan gives you access to over 150 different fiat currencies that you can spend using your Club Swan crypto debit card. It offers five traditional currency accounts: GBP, USD, JPY, CNY, and EUR. Club Swan also allows you to manage several cryptocurrencies including Bitcoin (BTC), Litecoin (LTC), Basic Attention Token (BAT), Ethereum (ETH), Bitcoin Cash (BCH), Paxos Standard (PAX), USD Coin (USDC), EOS Token (EOS), and Tether (USDT). You can buy, sell, spend, and transfer your crypto holdings from your Swan account to external wallets.

Club Swan Card Funding Methods and Supported Countries

Club Swan Card supported funding methods include wire transfers, crypto transfers, credit card, and debit card. Club Swan Card services are available all around the world in over 80 countries. The company offers free international global shipping with DHL.

Club Swan Debit Card Fees

Club Swan is clearly not an affordable option. However, the Club Swan Card costs are included in your membership and are not subject to any extra costs. Expect the following fees:

ServiceStarterPremierVIPChairman
Joining fee$129.00$499.00$1,195$2,495
Monthly subscription fee$35.00$65.00$95.00$125.00
ATM fees2%2%2%2%
Card replacement fee$60.00$60.00$100.00$250.00
ATM balance inquiry fee$1.00$1.00$1.00$1.00
Chargeback fee$40.00$40.00$40.00$40.00
Card loading feeFreeFreeFreeFree
Card spending feeFreeFreeFreeFree

Club Swan Card Limits

Club Swan cards are designed for members who need high limits. The Club Swan’s Starter level cards has a maximum deposit limit of $500,000, $1,00,000 for their Premier level cards, $2 million for their VIP membership level cards, and an unlimited account limit for their Chairman version. The Cards have a $15,000 daily load limit and maximum daily international ATM withdrawals up to $1,500.

Is Club Swan Safe?

Yes. Since cryptocurrencies are sensitive, Club Swan gives priority to safety. Its card services are authorized by the Financial Conduct Authority under the Electronic Money Regulations 2017 for the issuing of electronic fiat money and payment instruments. Your funds are held in a segregated account so that in the unlikely event that Nvayo Limited (the issuer of the card) becomes insolvent your funds will be protected against claims made by creditors. When signing up for an account, Club Swan will ask for proof of address and identity before they can give you a PIN. Club Swan’s 3D security protocol also protects your transactions.

The Club Swan card is a regulated electronic money product but it is not covered by the Financial Services Compensation Scheme. Cryptocurrency services are not regulated by the Financial Conduct Authority (FCA).

Club Swan Customer Support and Club Swan Reviews

Club Swan customer support is always available to support clients with their inquiries and needs. The customer support agents are available in multiple languages and you can reach the team via email and chat. All members are entitled to a virtual assistant that will help to organize a client’ daily life.

At the time of writing this Club Swan review, Club Swan is rated 3.9 out of 5 stars on Trustpilot with clients praising its instant liquidity, their easy-to-use crypto card, and security. The few complaints are about the long waiting periods before your money is deposited in your crypto card.

Club Swan Card Alternatives

Club Swan is designed for wealthy individuals and their subscription fees are quite high for the average individual. If you are looking for an affordable option Bitcoin card and other cryptos, you can try out the following alternatives:

You can also go for crypto friendly bank accounts if you want additional services that are not possible with Club Swan card.

  • Nuri, formerly Bitwala has even more capabilities and offers a European Bank Account, a Bitcoin interest and savings account, and your own private wallet.
  • Revolut is more advanced and also comes with a multi-currency account including your own bank account numbers. The Crypto feature is mostly for investing though and is less advanced.

For more information and to check out all offers be sure to check out our Crypto Banking page.



 

Final Thoughts on Club Swan Crypto Debit Card Review

Club Swan offers a wide range of services including its crypto debit cards which are available to clients worldwide allowing you to spend both crypto and fiat currency in the same card. Most of these services are aimed at elevating the client’s quality of life and financial status.

Check out Club Swan crypto card