EIDOO basic review

Eidoo Basic Card Review

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The Eidoo card is a free Visa debit card built for the new world of DeFi. It connects to your Eidoo DeFi wallet and to use your funds, you can sell BTC/ETH for GBP/EUR and load it onto the card, you can then make purchases anywhere that accepts Visa!

The Eidoo basic is the lowest tier card that requires you to stake just 20 PNT (approx $28 at the time of writing). It's a fantastic offering as the card and wallet has no fees, you will receive up to a generous 2.5% cashback on purchases (paid in PNT tokens), plus you can connect directly to popular DeFi exchanges with no intermediaries!

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8/10 (Expert Score)
Product is rated as #13 in category Crypto Cards
Perks & rewards
7.5
Features
8.5
Usability
9
Payment options
9
Fees and charges
9
Company & Reputation
5.5
Support
7.5
PROS:
  • A free card, with low staking that gives a generous 2.5% cashback.
  • Built for the DeFi economy allowing you to connect to popular decentralised exchanges.
  • Low domestic fees.
CONS:
  • A prepaid card, which means selling BTC/ETH and loading funds rather than instant crypto settlement.
  • Cashback is only available in PNT.
  • POS limits.
  • Currently only supports ETH/BTC, but more currencies are coming soon.
  • Cashback is only available in PNT.
  • Only available to the United Kingdom and the European Union.

Specification: Eidoo Basic Card Review

Company & Availability
Insurance Coverage /
Eligible regions , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
KYC
Credit Check No
Savings Information
Supported Fiat Currencies ,
Supported Cryptocurrencies
Gas fees Yes
Availability
ATM Access Worldwide
Pay In Local Currencies Yes
Support
24 hour support Yes
Live Support No
Staking
Staking required Burning required
Staking amount 20 PNT burned
Minimum stake Term No staking period
Token Ticker EDO
Rewards
Cashback on spending Refer two friends to earn 0.63% cashback
Cashback Restrictions No limit
Max Cashback 10% of the total purchase amount per transaction
On Chain Rewards None
Referral Rewards Refer 5 friends = no burning required and 1.25% cashback in PNT
Spending Limits
Daily ATM Limit €250
Daily Purchase Limit £/€250
Monthly ATM Limit Unlimited
Monthly Purchase Limit Unlimited
Fees
Monthly fee No
Delivery Fee No fee
Online/Offline Purchase Fees No fee
Topping up fee Gas fees
ATM Fees No fee
International ATM fee £/€ 1 + .150% of transaction value
POS Foreign Transaction fee £/€ 1 + 1.50% of transaction value
Card Replacement Fee /
ACH Declined /.
Charge back processing No fee
Dormancy /
Exchange Rate Provider /
Card Features
Instant settlement No
Prepaid Yes
Topping up limit No limit
App Payments No
Dual-Interface NFC/EMV (Card with chip) Yes
Virtual Cards No
Physical Cards Yes
Security
Fraud Monitoring Yes
Freeze / Unfreeze Yes
Instant Notifications No
Pin Viewing Yes
2FA Yes
Asset protection & Insurance
Audited /
Cold Storage /
Company Backing /
FDIC insurance -
Insured by /

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