Ternio LLC is the company behind BlockCard. They are a US based company started in 2018. According to their website, The BlockCard™ is a physical debit card powered by Ternio. With BlockCard™, card holders are empowered to spend their cryptocurrencies anywhere in the world major credit cards are accepted.
About BlockCard
According to the BlockCard website, users are able to start spending crypto in minutes. They can register for an account, deposit cryptocurrency, and make purchases anywhere VISA is accepted.
One thing that is nice about BlockCard is that users get a virtual card and a plastic card mailed to them. This means users can start using the card shortly after registering for a BlockCard. The website states users can have a card in under 5 minutes.
BlockCard also promotes the ability for users to stay in cryptocurrency until they use their card to make a purchase. This enables the user to easily add or remove funds to their card. Other crypto card options might make the user convert to USD when they fund their card making it harder for the user to withdraw back into cryptocurrency.
BlockCard supports 12 cryptocurrencies including bitcoin, litecoin, ethereum, as well as some smaller currencies like basic attention token and stellar lumen.
BlockCard on Social Media
Twitter – https://twitter.com/terniotoken
Facebook – https://www.facebook.com/terniotoken/
LinkedIn – https://www.linkedin.com/company/ternio-token/
YouTube – https://www.youtube.com/c/terniotoken
More information can also be retrieved from their blog section.
How To Order A BlockCard
Visit the BlockCard website and click the Register Now button. You will have to supply your personal information that will be used to verify your identity.
You must deposit cryptocurrency into your account to order your card. Once you have passed the BlockCard identification check you are are instantly given access to a virtual card within your account. A physical card is then mailed to you in 7-10 days.
The BlockCard website promotes 5 minute signup on their website and it appears many users do in fact get their card within minutes of applying. You can also connect your card with google and apple pay.
Another interesting option that other cards do not currently offer is the ability to fund your account with cash at stores like Walmart, CVS, or 7-11.
Fees and Pricing Schedule
BlockCard fees are very competitive. There are no crypto deposit fees, exchange fees, or transaction fees for the user. The only fee a user pays is if they are under $750 in spend for that month, then the user is charged a $5 fee for that month.
There are 0 crypto withdraw fees, however if you use your card to withdraw cash at the ATM then you are charged the ATM fee of $3.00. International fees are very competitive as well as users have reported using it during their travel.
Ordering a BlockCard will cost you $10, however you get both a virtual and plastic card for that price.
BlockCard User Experience
The consensus is that BlockCard customer support is responsive and solves user issues in a timely manner. BlockCard users are happy to have a crypto card with a competitive fee structure, great customer service, and a user interface that is easy to understand and navigate. The crypto back rewards program on BlockCard is a feature that users like.
Overall Conclusion
BlockCard has quickly established itself as a nimble and trusted cryptocurrency card provider. In a short time span the company has launched the platform, released both physical and virtual cards, and opening up United States users. Cheap fees and a great looking UI make this a go-to card option. Their crypto rewards are also very competitive.
Pros
- Easy to get started, great support
- Both virtual and physical cards
- Easy loading options
Cons
- No Metal Card (yet)
- Available only to US and EU residents
Please share your experiences!
