HWZ Forums

Login Register FAQ Mark Forums Read

MCO Visa Card

Like Tree1Likes
Reply
 
LinkBack Thread Tools
Old 14-11-2018, 10:58 AM   #1
Member
 
Join Date: Jun 2012
Posts: 468
MCO Visa Card

Anyone tried to get this card yet? Can download and apply like YouTrip

https://bitcoinexchangeguide.com/sin...o-coin-surges/

1. Free ATM withdrawals
2. No monthly or annual fees
3. Access to airport lounge for selected cards
4. 2% cashback for any purchase (This wins YouTrip)

Heard its a Metal Card
kashanai is offline   Reply With Quote
Old 14-11-2018, 11:41 AM   #2
Arch-Supremacy Member
 
Join Date: Apr 2015
Posts: 15,247
The catch is need to buy and hold 50000 MCO token for 6 months?
Trazora is online now   Reply With Quote
Old 14-11-2018, 11:52 AM   #3
Senior Member
 
sgdividends's Avatar
 
Join Date: Oct 2008
Posts: 2,187
The catch is need to buy and hold 50000 MCO token for 6 months?
Take midnight blue. free
__________________
Take note that DBS and OCBC are sponsors of hwz and there are banks lurking SECRETLY esp. UOB
sgdividends is offline   Reply With Quote
Old 14-11-2018, 11:53 AM   #4
Member
 
Join Date: Jul 2017
Posts: 203
It still says there are 45k ppl in front of me in queue for Midnight Blue...
nekoarc is online now   Reply With Quote
Old 14-11-2018, 12:19 PM   #5
Member
 
soxwork's Avatar
 
Join Date: Jul 2015
Posts: 480
account closure fee is $50 ?
soxwork is offline   Reply With Quote
Old 14-11-2018, 12:38 PM   #6
Arch-Supremacy Member
 
Join Date: Apr 2015
Posts: 15,247
Any fee to use credit card to top up?

Last edited by Trazora; 14-11-2018 at 12:42 PM..
Trazora is online now   Reply With Quote
Old 14-11-2018, 12:43 PM   #7
Master Member
 
Smokey.B's Avatar
 
Join Date: Jan 2009
Posts: 2,643
Top up is free? Can use credit card to top up?
Seems like free for midnight blue.

But got inactivity fees and if u close need to pay money. Perpetually need to use the card.
__________________
Only You Can Prevent Wildfires.
Smokey.B is offline   Reply With Quote
Old 14-11-2018, 12:45 PM   #8
Senior Member
 
Join Date: Jun 2011
Posts: 589
To get 1% or 1.75% need to buy approx $300 or $3000 worth of their MCO Crypto currency.

In 29 Aug 2017 each MCO currency is worth USD 24.22. Today each MCO is worth only USD 4.16.

Quite a sharp devaluation honestly... So if want to get their higher tier cards really need to accept the risk of cryptocurrency - it's very volatile...

So instead of saving 1% or 1.75% from cash rebate, might end up losing 70% due to MCO devaluation.

The lowest tier card in my opinion not worth it... No cash rebate, nothing. Got a USD200 limit on cash withdrawal and free Forex exchange only up till USD2000. And still need to go through the trouble to sign up...
BillaMax is offline   Reply With Quote
Old 14-11-2018, 12:50 PM   #9
Arch-Supremacy Member
 
Join Date: Apr 2015
Posts: 15,247
Can withdraw at local ATM?
Trazora is online now   Reply With Quote
Old 14-11-2018, 12:51 PM   #10
Member
 
Join Date: Oct 2010
Posts: 167
I actually received my MCO Midnight Blue Visa card less than a week ago. I haven't actually got around to using it cuz one needs to own cryptocurrency (not sure if it must be MCO tokens or others) and convert to SGD/Fiat in order to top up the prepaid visa card.

Edit: You can only top-up SGD/Fiat using only BTC. MCO not supported.

Last edited by linuskltan; 14-11-2018 at 04:02 PM..
linuskltan is offline   Reply With Quote
Old 14-11-2018, 12:52 PM   #11
Arch-Supremacy Member
 
Join Date: Apr 2015
Posts: 15,247
I actually received my MCO Midnight Blue Visa card less than a week ago. I haven't actually around to using it cuz one needs to own cryptocurrency (not sure if it must be MCO tokens or others) and convert to SGD/Fiat in order to top up the prepaid visa card.
Oh and there is 3.5% fee if use credit card to buy the cryptocurrency?
Trazora is online now   Reply With Quote
Old 14-11-2018, 01:05 PM   #12
Member
 
Join Date: Jun 2012
Posts: 468
Oh so complicated ? Nvm , I’m happy with Youtrip then. I was just looking at the advert of 2% Cashback and free lounge visits
kashanai is offline   Reply With Quote
Old 14-11-2018, 01:33 PM   #13
Master Member
 
Join Date: Jun 2010
Posts: 4,931
Got some questions, not able to find from their website (or maybe i cui haha)

1. Got fees to top up?
2. Can function like normal prepaid card (similar to Youtrip)?
3. What card dothey accept?
4. Are the amount in USD or SGD?

https://crypto.com/en/cards.html
pcmdan is offline   Reply With Quote
Old 14-11-2018, 03:03 PM   #14
Member
 
Join Date: Oct 2010
Posts: 167
Oh and there is 3.5% fee if use credit card to buy the cryptocurrency?
Supposedly 3.5%, but from the app, I cannot separate the fee vs the price of the cyrptocurrency.

Got some questions, not able to find from their website (or maybe i cui haha)

1. Got fees to top up?
2. Can function like normal prepaid card (similar to Youtrip)?
3. What card dothey accept?
4. Are the amount in USD or SGD?

https://crypto.com/en/cards.html
1 & 3: I cannot really tell
2: Should be similar to YouTrip, but in additional you are also able to withdraw SGD cash from SG ATMs via ATM5 network.
4. Based the available options for the visa card account to "buy" fiat currencies, it can hold mutliple currencies: SGD, EUR, GBP, HKD, JPY, AUD. No option to buy USD though.

Actual fees and limits for SG/SGD are only available from the Crypto.com wallet app:

To note
Account closure fee is $50
Inactivity fee (12-months of inactivity i.e. no card purchases) is $5 charged yearly on 13th month of inactivity

Last edited by linuskltan; 14-11-2018 at 03:12 PM..
linuskltan is offline   Reply With Quote
Old 14-11-2018, 03:06 PM   #15
Master Member
 
Join Date: Jun 2010
Posts: 4,931
Cool thanks.

Did anyone apply? I noticed that there is a referral code. i am applying to try it out.
pcmdan is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On