The Crypto.com Visa Card offers a convenient way to spend your cryptocurrency. However, understanding the various limits associated with the card is crucial for effective usage. This article details the spending, ATM withdrawal, and other relevant limits as of late 2023/early 2024. Limits can vary based on your region and card tier (Midnight Blue, Ruby Steel, Icy White, Obsidian).
Spending Limits
Spending limits are tiered, directly correlating to your staked CRO amount. Staking more CRO unlocks higher limits. Here’s a breakdown:
- Midnight Blue (No Staking): $0 ⎼ $2,500 daily spending limit.
- Ruby Steel (Staking 100 CRO): $2,500 ― $5,000 daily spending limit.
- Icy White (Staking 500 CRO): $5,000 ⎼ $10,000 daily spending limit.
- Obsidian (Staking 10,000 CRO): $10,000+ daily spending limit (can reach significantly higher with verification).
Important Note: These are daily spending limits. Limits reset each day at UTC midnight. Large purchases may require pre-authorization, and exceeding your limit will result in transaction declines. You can view and potentially request increases to your limits within the Crypto.com app.
ATM Withdrawal Limits
Withdrawing cash from ATMs using your Crypto.com card also has limits:
- Daily ATM Withdrawal Limit: $500 (USD equivalent).
- ATM Withdrawal Fee: Varies depending on the ATM provider (typically $2.50 per withdrawal). Crypto.com reimburses up to $5 in ATM fees monthly for Ruby Steel, Icy White, and Obsidian cardholders.
Considerations: ATM availability and acceptance of Visa cards can vary. Always check the ATM’s network compatibility before attempting a withdrawal;
Other Important Limits
Transaction Limits
While daily spending limits apply, individual transaction limits also exist. These are generally lower than the daily spending limit.
- Individual Transaction Limit: Typically around $2,500 ― $5,000, depending on your region and card tier.
Card Activation & Replacement
There’s a fee for replacing a lost or stolen card (around $5). Card activation is generally instant within the app.
Account Verification
Higher card tiers (especially Obsidian) often require more extensive account verification to unlock the full potential of spending and withdrawal limits. This may include providing proof of address, income, and identity.
How to Increase Your Limits
The primary way to increase your limits is by staking more CRO. Additionally:
- Verify Your Identity: Complete all KYC (Know Your Customer) verification steps within the Crypto.com app.
- Contact Support: If you believe your limits should be higher based on your spending habits and account history, contact Crypto.com support.
- Regular Usage: Consistent and responsible card usage can demonstrate your creditworthiness to Crypto.com.
