1inch Card is closing: score 4.4/10 and a move-out deadline
Available in US
If you are reading this because you were thinking of applying for a 1inch card, the practical answer is short: new sign-ups are closed, so that decision has already been made for you. The programme is being discontinued, and the notice advises holders to withdraw or spend their remaining balance as soon as reasonably possible, with 18 December 2026 given as the furthest foreseeable date. Everything below is written for the two people this matters to — the one who was about to apply, and the one who already has a card with money sitting in it.
The conditions described here are current as of October 28, 2026.
Verdict: a closed programme, not a card to apply for
The 1inch Card programme is being discontinued. New applications are closed. That single fact pulls the whole review down, because a card you cannot apply for cannot be recommended to anyone, however well the everyday part of it worked. My score for it is 4.4 out of 10, and the number is less about the card’s quality than about its current status as a shut-down programme.
Who it suits, today: almost nobody new. Who it does not suit: anyone starting from zero, which is everyone who was planning to sign up in the past year. The one group this page is genuinely written for is existing cardholders who need to withdraw their remaining balance without panicking and without leaving money behind. For that job the card is still a working card; for every other job it is finished business.
The mark I give for everyday use is 9 out of 10, which is the highest score here and worth pausing on. It is not a contradiction. The card itself — a physical and a virtual card, powered exclusively by the Mastercard network — did its job well. What sank the total is not the card in the shop; it is that the programme around it is closing.
| Criterion | Mark | Why |
|---|---|---|
| Who can get it | 0 / 10 | The programme is being discontinued and new sign-ups are closed |
| Cost | 7 / 10 | Unofficial figures show a 0 USD annual fee and 0% FX, with a 1.75% crypto conversion fee and 2% ATM fee; none of this is disclosed officially |
| Top-up options | 6 / 10 | Unofficial lists name 1INCH, ETH, USDT, USDC, BTC, LTC, XRP and BXX, but no networks are named |
| Reliability and complaints | 2 / 10 | The programme is closing, balances should be moved by 18 December 2026, the issuers are Monavate Ltd (UK) and UAB Monavate (EU), and there are complaints about uncredited USDC deposits |
| Everyday use | 9 / 10 | Physical and virtual cards; unofficial reports of Apple Pay and Google Pay, and a 500 USD daily ATM limit |
| Total | 4.4 / 10 | A good card inside a programme that is ending |
A note on where those figures come from, because it matters for how much weight to put on them. The annual fee of 0 USD, the 0% FX fee, the 1.75% crypto conversion fee on every transaction, the 2% ATM fee with a $500 daily ATM limit, the $8,000 daily spending limit, the list of spendable assets, Apple Pay and Google Pay support, and the cashback structure all come from third-party sites, not from the card’s own pages. The card’s public pages do not state them. I have marked them unofficial throughout, and I would not build a decision on any of them.
What happened to the programme
The card launched on 8 April 2024 with Mastercard and Crypto Life, in a blog post that was later updated on 8 May 2026. The same launch announcement describes physical and virtual cards issued by Crypto Life and “powered exclusively by the Mastercard network”. Then, at some point after that, the discontinuation notice appeared: new sign-ups closed, and holders were recommended to move out by 18 December 2026. The page does not carry a date for the notice itself, so I cannot tell you how long the warning has been standing or how much runway is genuinely left.
The important thing is the shape of the ending, not the exact date. Programme closures typically run in a fixed order: a notice period, then loading and spending stop, then users are asked to withdraw whatever is left. One 2026 closure reported by a secondary source stopped new loads on 8 July 2026 and spending on 8 August 2026 — a single unconfirmed source, so treat it as an illustration of the pattern rather than as this card’s schedule. Your own timeline comes from the issuer and the provider, and those timelines are not guaranteed. Treat 18 December 2026 as the outer edge, not the day to plan around.
The companies involved are worth naming, because when a programme winds down, the difference between a crypto brand and the entity that actually holds your money decides who you call. The card provider is Crypto Life (CL), operating as Frozen Time UNIPESSOAL LDA in the EU or Baanx Group Ltd in the UK. The issuers are Monavate Ltd in the UK and UAB Monavate in the EU, described as an authorised e-money institution. Identity checks are handled by Crypto Life, and the requirements are not stated. Everything about the card programme is arranged with those firms, not with 1inch.
Some of the questions people search for with a live card in hand have no published answer, and I would rather say so than invent one. The notice does not state which countries were eligible, what the fees were, which wallets worked, what rewards were offered, what tiers existed, which currency the card used, or what app store ratings looked like. The input materials describe it as a prepaid Mastercard, and the launch blog confirms physical and virtual cards, but delivery details are not stated. You will not find these numbers on the card’s public pages, so anyone quoting them to you is quoting a third party.
If you already have the card
You have one job: empty the balance. Sign in to your card account and withdraw or spend what is left as soon as reasonably possible. The stated furthest foreseeable date is 18 December 2026, and again, those timelines are set by the issuer and provider. Nothing else in this section matters as much as that sentence.
Where the money actually sits is the thing most people do not know. Your balance is not held by 1inch. It sits in an e-wallet issued by Monavate. Under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed for up to six years after account closure — that is the safety net, and it is a real one, but six years is not the same as money in your hand this week. Withdrawal fees are not stated on the pages I read.
One line in the launch blog is worth pausing over, because it describes custody in a way that can be read two ways: users keep control of their assets “while still retaining custody”. That is ambiguous wording, and I would not lean on it either way. What the programme structure tells you more clearly is that the funds are in an e-wallet at an authorised e-money institution, and that the provider handling the account is Crypto Life. Whether two-factor authentication, an instant card freeze and spending controls were available is not stated.
On funding, the launch blog’s line is the one to remember: the card needed only “crypto in your 1inch Wallet”, converted to fiat at payment. The specific top-up options are not stated on the card’s own pages. Unofficial third-party listings name 1INCH, ETH, USDT, USDC, BTC, LTC, XRP and BXX as spendable assets, without naming any networks — which, given how many of those assets exist on several chains each, is not a small gap.
Everything about limits and charges is unofficial too. One third-party site gives an ATM fee of 2% with a $500 daily ATM limit and a daily spending limit of $8,000; another directory listing puts it at EUR 8K daily and EUR 5K monthly. That is the entire published picture, and it is two third parties disagreeing in the currency as well as the number.
If you need help, the routes are specific. Card balance, status, KYC, closure and personal-data requests go to Crypto Life support by email or through the chat in the card account. If Crypto Life does not respond, contact 1inch support with your request, the date and the channel you used — 1inch logs the case and escalates it, but it cannot action account-level requests itself. So keep a record of what you sent and when. Languages and support hours are not stated. And note what is missing: the notice carries no refund or dispute process, so do not assume a chargeback route exists here.
What can go wrong
The main thing going wrong is not a risk. It is a fact already in motion: the programme is being discontinued, and you should move balances at the latest by 18 December 2026.
The second thing is the one that catches people out at the worst moment. There is no refund or dispute process described on the notice. If a payment goes wrong during the wind-down, you are relying on whatever the issuer’s terms provide, not on a stated complaint route from the card.
The third is counterparty structure. Your funds sit with Monavate, an authorised e-money institution, not with 1inch. That is a regulated arrangement rather than a wild one, but it is not a bank deposit: an electronic money institution must safeguard customer funds by segregating them in dedicated accounts or insuring them, and such funds are not the same as bank deposits and may not be covered by deposit guarantee schemes. The practical implication is that “my money is safe with a licensed institution” and “my money is covered by a bank guarantee” are two different sentences.
There is also a category-level point about where you sit in the stack. In a typical card payment the network routes messages and sets rules, the issuer holds the card programme under the network’s licence, and the crypto brand is often only a programme manager or front-end that markets the card. Visa and Mastercard do not issue crypto cards to consumers themselves — they license issuers, and they can suspend a programme. In November 2022 Visa said it had “terminated our global agreements with FTX”, and the FTX US debit card programme was wound down by its issuer. WaveCrest, a Visa card issuer that supplied crypto card brands, was suspended by Visa in Europe in 2018, closing all WaveCrest-issued Visa programmes. Neither of those is this card. Both are the reason I do not treat a well-designed card as a durable product.
On complaints, the honest picture is mixed and slightly confusing. I found no card-specific user reports that I would stand behind. Trustpilot, read on 20 October 2026, showed 1inch overall at 3.6 out of 5 from 547 reviews, with only 6 of those in the last twelve months, 79% five-star and 5% one-star, and the company replying to 16% of negative reviews. An earlier reading cited 4.2 out of 5 from 543 reviews via Traders Union — Trustpilot itself shows 3.6, so I am going with the lower, directly-read figure. A single platform score that mostly predates the current twelve months tells you about the brand, not about the card’s closing weeks.
The themes that do show up around the card are the ones that matter most in a wind-down, because they are all about money not arriving: a USDC deposit to the “1inch crypto card” confirmed on-chain but not credited (1 October 2026); a card transfer that never arrived (30 September 2026); a USDC deposit uncredited for 20+ hours with the answer “under review” (1 September 2026); a withdrawal pending 30+ days (February 2026, on the wallet side); and slow, generic support replies (June 2025, October 2025, June 2026). If your deposit is not credited, do not wait quietly — chase it the same week, while there is still a support desk.
Two things are simply not stated and I will not guess: what protections you had (2FA, freeze, spending controls), and what your remedies are. Neither is answered on the notice.
What to take instead
Because the 1inch card is not accepting applications, the real question is not “a better version of this card” but “which card fits the situation I was solving”. Here is how the three alternatives I looked at compare, with their scores as I have them.
| Alternative | Score | Card and coverage | Fees as stated |
|---|---|---|---|
| TokenPocket | 5.8 / 10 | Visa debit for a list of European countries and territories (Germany, France, Spain, Switzerland among them); Mastercard debit for Australia, Canada, Hong Kong, Japan, Taiwan, New Zealand, Singapore, South Korea, UK among others; Americas “planned for Q2 2025”. Runs on Arbitrum; Fiat24 cards are virtual; balances in EUR24 and USD24 | NFT creation fee partly covered by TokenPocket, user pays “a small portion”; “Apart from these, TP Card does not charge any additional fees”; a 1% fee on depositing cryptocurrency, later refunded via rewards or reduced transaction fees |
| MetaMask | 7.1 / 10 | Mastercard, virtual card issued first and instant, metal card pre-orderable after approval, one card per user; issuer Monavate, provider Crypto Life; sign-up open in 45 listed countries and territories, other regions on a waitlist; US and UK sign-ups temporarily closed | Virtual free with no annual or maintenance fee; Metal $199/year; “minimal fee for each transaction” (amount not stated on the pages read) and “no additional MetaMask fees”; no foreign transaction fee, Mastercard rate used |
| KAST | 6.1 / 10 | Visa Platinum (Standard), Visa Infinite metal (Premium), Visa Infinite gold plated (Private), plus Pengu, Solana and Bitcoin designs; up to 10 cards per user; USD balance with stablecoin deposits converted 1:1 at 0% spread | Membership Standard 0 USD, Premium 1,000 USD/year, Private 10,000 USD/year, billed annually upfront; extra virtual card 2 USD; Standard physical card 0 USD card fee plus 40 USD delivery; inactivity fee 1 USD/month after 12 months; stablecoin top-up 0%, USD spend 0%, non-USD FX 0.5%–1.75% depending on residence and transaction country, transactions under 25 USD cost 0.10 USD, declined transactions 0.50 USD |
MetaMask is the strongest of the three at 7.1 out of 10, and the structure is the most interesting: it spends directly from the connected wallet, on Linea, Base, Monad and Solana, with tokens named including mUSD, wETH, EURe, GBPe, USDC and USDT. Its rewards are the clearest of the three too — cashback in mUSD into the Money Account, 1% on Virtual and 3% headline on Metal, though the footnote limits 3% to the first $10,000 spent and then drops to 1%, plus a $FLY bonus of 5X or 7X through the Blackbird dining app. Proof of residency is required and, in the card’s own words, “ineligible regions limit sign-ups, not spending” — which is a more sensible line than most. It also shares the Monavate and Crypto Life structure, so if your objection to 1inch was the issuer, that objection transfers straight across.
KAST is the one to look at if tiering matters to you, and also the one with the most paperwork. Membership runs from 0 USD to 1,000 USD/year and 10,000 USD/year, paid annually upfront with no monthly option, and cashback scales by tier — 1.5% on the first 2,000 USD/month, 2% on the first 10,000 USD/month, 3% on the first 40,000 USD/month — with KAST Points adding 1% and 2% on the higher tiers. Its eligibility rules are the strictest I saw: the country list is not published but is shown at KYC, a Restricted Locations list is referenced without naming countries, and holding an ID from a restricted region can make you ineligible even if you live in a supported country, while dual citizens with an ID from a supported country may pass. An account can be created in an unsupported country but KYC stays locked. It funds from USDT, USDC, PYUSD and RLUSD across Ethereum, Solana, Polygon, Arbitrum and TRON with no bank account needed — though its own Terms say acceptable tokens are “currently USDT and USDC”, which conflicts with the wider list.
TokenPocket is the one I would read as a warning rather than a recommendation. It is the lowest-scoring at 5.8, its coverage is split across two card networks by region, and the one fee it does state plainly is a 1% charge on every crypto deposit, to be refunded later “through rewards, reduced transaction fees, etc.” — a promise about the future in place of a number. No cashback is stated. Its Americas availability is described as “planned for Q2 2025”, a line that tells you how fresh the information is.
Before you pick any of them, check the category rules rather than the marketing. A card number starts with a 6 or 8 digit issuer identification number, the BIN, which any merchant can look up to see which institution and country issued it; if that country differs from your billing address, some merchants apply extra scrutiny, which is why a card issued in one country can look foreign in a shop in another. Many merchants decline prepaid or foreign BINs for exactly that reason, and Address Verification Service — which compares the numeric parts of your billing address against issuer records — is generally unavailable for foreign-issued cards, which can cause declines on their own. Address verification is mainly offered in the US, Canada and the UK.
Who I would recommend it to
I would recommend the 1inch card to exactly one group of people: those who already hold one and want a calm, methodical way to empty it. To them I would say: sign in, check the balance, withdraw or spend it, keep screenshots of every transfer and its on-chain confirmation, and use the card account chat rather than email so there is a record. If a deposit is not credited, chase it within days, because the complaints pattern around this card is uncredited deposits, not declined payments.
To anyone who was considering applying, I would say the question is closed. Not “wait and see” — closed. New sign-ups are shut, the programme is being discontinued, and the balance you would have loaded has a deadline attached to it.
To anyone comparing the alternatives, I would steer by structure rather than by rewards percentage. MetaMask is where I would start looking, on the strength of its score and because spending straight from a connected wallet keeps your crypto out of a pre-loaded balance entirely. KAST is worth a look if you want tiered cashback and will sit still for residence-based KYC. TokenPocket I would approach carefully. And in all three cases, remember the two-licence problem: the card is a payment service regulated under e-money and payment-services law, while the crypto side falls under MiCA, which in the EU took legal effect in June 2023, applied to asset-referenced and e-money tokens from 30 June 2024 and to crypto-asset service provider rules from 30 December 2024, and under Article 48 allows e-money tokens to be issued only by a credit institution or an electronic money institution. A crypto card often depends on both, and it is entirely possible for one to be fine while the other is not.
I am not giving tax or legal advice here, and I would not take any from a card review. If you are in the US, the IRS treats digital assets as property, so exchanging them for goods, services or dollars generally produces a taxable gain or loss measured at fair market value on the date of the transaction — which can mean each card payment funded from crypto is treated as a separate disposal. That is a conversation for a professional in your own country, not for me.
Frequently asked questions
What is the 1inch card?
It was a payment card launched on 8 April 2024 with Mastercard and Crypto Life, described in the launch announcement as physical and virtual cards issued by Crypto Life and “powered exclusively by the Mastercard network”. The card drew on crypto held in the user’s own 1inch Wallet, converted to fiat at payment. Since then the programme has been discontinued and new sign-ups have closed. It no longer exists as something you can apply for.
Why has the 1inch card programme closed?
The public notice says only that the programme is being discontinued. It does not give a reason, and it carries no date of its own for the notice. The card’s launch blog post was updated on 8 May 2026, so the ending came after the product was fully live. Closures of this kind often trace back to the issuer or network rather than the crypto brand, but nothing on the card’s pages confirms that here.
I have a 1inch card with money on it — what do I do?
Sign in to the card account and withdraw or spend your remaining balance as soon as reasonably possible. The stated furthest foreseeable date is 18 December 2026, and those timelines are set by the issuer and provider. Keep records of each withdrawal, and remember your balance sits in an e-wallet issued by Monavate, not with 1inch.
How long do I have to get my money out?
The notice recommends moving out by 18 December 2026, and describes that as the furthest foreseeable date. Treat it as an outer edge rather than a deadline to plan around, because issuer and provider timelines are not guaranteed. Under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed for up to six years after account closure — real protection, but not the same as money in your hand this week.
Is the 1inch card safe to use for the remaining weeks?
Your funds sit in an e-wallet at Monavate Ltd (UK) or UAB Monavate (EU), an authorised e-money institution, not with 1inch. That is a regulated arrangement, but e-money funds are safeguarded by segregation or insurance and are not the same as bank deposits, so they may not be covered by a deposit guarantee scheme. What protections you had — 2FA, freeze, spending controls — is not stated on the notice.
What should I do if a deposit or transfer hasn’t arrived?
Chase it the same week, not in a month’s time. The complaint themes around this card are precisely about money not arriving: a USDC deposit confirmed on-chain but not credited, a card transfer that never arrived, and a deposit uncredited for over 20 hours with the answer “under review”. Send the on-chain confirmation with your message to Crypto Life support by email or the chat in the card account, and keep the record.
Is 1inch a bank, and who actually holds my money?
No — 1inch is the crypto brand, not a bank. The issuer is Monavate Ltd in the UK or UAB Monavate in the EU, an authorised e-money institution, and it is the e-wallet there that holds your balance. The card provider is Crypto Life, operating as Frozen Time UNIPESSOAL LDA in the EU or Baanx Group Ltd in the UK. If Crypto Life does not respond, contact 1inch support — it logs and escalates but cannot action account-level requests.
What can I use instead of the 1inch card?
Three I looked at in detail: TokenPocket at 5.8 out of 10, KAST at 6.1, and MetaMask at 7.1. MetaMask is the strongest of the three and spends directly from a connected wallet on Linea, Base, Monad and Solana. KAST offers tiered membership and cashback but stricter residence-based KYC. TokenPocket charges 1% on crypto deposits, refunded later through rewards. Which one fits you depends on where you live and how you want to hold funds.
Is the 1inch card free, and what were the fees?
Officially, the card’s own pages do not say — annual fee and fees are not stated on the notice. Unofficial third-party figures report a 0 USD annual fee, 0% FX, a 1.75% crypto conversion fee on every transaction, a 2% ATM fee with a $500 daily ATM limit, and an $8,000 daily spending limit. Another aggregator reports a 2% card spend fee. None of this is confirmed by the card, so I would not plan around it.
Do I need to worry about taxes on what I spend or withdraw?
Spending crypto through a card generally counts as a disposal, but I am not qualified to advise you on tax and you should not treat this as advice. In the US the IRS treats digital assets as property, with gain measured in local fiat currency at fair market value on the date of the transaction, so each payment funded from crypto may be a separate disposal. Elsewhere the rules differ — speak to a professional in your own country before you withdraw a large balance.
Wallet card reviews – cryptocardcheck
Content created by the «cryptocardcheck» team