Programme information
Virtual-card fees and product facts
Stablecoin-only collateral: approved USDC and USDT on Ethereum. The credit limit is 100% of that collateral value, with no haircut. No BTC, ETH, SOL or other coins are accepted.
Published by the IndevBank product team · Reviewed
Published programme terms for issued cards. This page is not personalised advice. A free virtual card means the published issuance, monthly and annual card fees are $0. It does not mean borrowing or converting currencies is free.
- Virtual card issuance
- $0
One-time card fee.
- Monthly card fee
- $0
Recurring card fee.
- Annual card fee
- $0
Lifetime-free card fees.
- Minimum deposit
- $10
Funding minimum, not a card issuance fee. Withdrawal and collateral terms are separate.
- Cashback
- 1.5%
Eligible settled purchases only; $50 per transaction and $250 per calendar month. Refunds reverse rewards.
- Blockchain network fees
- Variable
Network fees are separate from the card fee.
- Refund / account closure fees
- See programme terms
Refunds reverse cashback. Other closure terms follow the cardholder agreement.
Cashback eligibility
Only eligible settled purchases earn rewards. Authorisation holds and cancelled transactions earn nothing. Refunds reverse the original reward proportionally; timing and monthly-cap adjustments remain subject to final terms.
Excluded merchant category codes: 6010, 6011, 6012, 6051, 6540, 7995, 4829, 6211. Cash-equivalent purchases are excluded. Merchant category classification, rather than the merchant name alone, determines eligibility.
Calculate a capped reward estimateSources and publication status
Card fees and the $10 minimum are the published programme parameters. The collateral registry snapshot on 2 October 2026 specifies 25 USDC or 25 USDT on Ethereum. Cashback: public configuration snapshot reviewed on the same date. Final eligibility and programme terms govern.
Registry version 2026-10-02.3. This dated snapshot remains visible without an API request. It is not a personalised account quote. The issuing-partner name and a supported-country list are not repeated on this page. Cardholders have used the programme since 2016.
Publication methodology and outstanding information