UR Card
MastercardcustodialKYC: required
2.0 / 5
Net Reward0.0
Availability2.5
Custody & Risk2.0
Features3.0
UR Card is a Swiss-based virtual-only Mastercard debit card designed for users seeking seamless crypto-to-fiat spending. It supports multicurrency accounts and enables on-chain crypto deposits (ETH, USDC, USDT, USDe) across major networks, with instant conversion to fiat for global spending via Apple Pay, Google Pay, and Alipay.
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Slug: ur-card
Our Verdict
Crypto-native users who frequently convert cryptocurrency to fiat for everyday spending, European and Asian residents seeking regulated crypto-to-fiat solutions with Swiss oversight, and mobile-first spenders who prefer digital wallet payments over physical card transactions.
Pros and cons
Pros
- Swiss FINMA regulation provides institutional-grade oversight and compliance
- Direct on-chain crypto integration across major networks (Arbitrum, Base, Ethereum, Mantle)
- Instant virtual card activation with immediate mobile wallet compatibility
- Pro tier offers 0% crypto off-ramp fees during promotional periods
- No physical card logistics or delivery delays
- 5-year card validity with automatic renewal for active users
Cons
- Virtual-only format with no physical card or PIN
- Fixed spending limits cannot be adjusted based on user needs
- No deposit insurance coverage under Swiss protection schemes
- Complete exclusion of U.S. Persons (citizens, residents, green card holders)
- Bank transfer capabilities require $24/month Pro subscription
- Extensive restricted payment countries list automatically declines many international transactions
Supported chains
ArbitrumBaseEthereum
Supported cryptos
ETHUSDCUSDT
Fees
Monthly: See card_tiers
Issuance: Free
Crypto To Fiat: 0.5% (Basic) / 0% promotional (Pro)
Key Features
- Virtual-only Mastercard debit card with instant digital wallet integration
- Direct on-chain crypto deposits across Arbitrum, Base, Ethereum, and Mantle networks
- Swiss FINMA-regulated infrastructure with multicurrency fiat accounts
- Real-time crypto-to-fiat conversion with competitive rates
- Two-tier membership: Basic (free) and Pro ($24/month with enhanced features)
- Supports major mobile wallets (Apple Pay, Google Pay, Alipay)
- 5-year card validity with automatic renewal for active users
- Multicurrency support: CHF, EUR, USD, RMB, JPY, HKD, SGD
Limitations
- Virtual-only format with no physical card or PIN
- Fixed spending limits (€10,000 daily, €20,000 monthly) cannot be adjusted
- No deposit insurance coverage under Swiss protection schemes
- Complete exclusion of U.S. Persons (citizens, residents, green card holders)
- Bank transfer capabilities require $24/month Pro subscription
- Extensive restricted payment countries list automatically declines many international transactions
- No ATM access specified
Risks
- CounterpartyPlatform holds user crypto after deposit; users do not control private keys. If provider disappears, users lose access to funds held on platform.Custody transfers to provider at deposit/crypto-to-fiat conversion
- RegulatoryNo deposit insurance coverage under Swiss Deposit Protection SchemeDeposit Insurance: ❌ Not covered under Swiss Deposit Protection Scheme
- MarketUSDe rate capped at 1:1 against USDC based on major CEX rates; spending may be paused if depeg exceeds thresholdUSDe - Mantle network (usable for card payments when USD is enabled; rate capped at 1:1 against USDC based on major CEX rates; spending may be paused if depeg exceeds threshold)
Rewards & Cashback
Notes: Referral Program - $5 bonus to both referrer and referee after KYC completion and first $5 spend (unlimited invites)
Cashback Rate: No cashback structure for card spending transactions
Interest On Balance: USDe 'Hold and Earn' - Variable APY rewards with daily accrual and weekly payments (requires completed KYC)
Spending Limits
Notes: Monthly Account Limit: 100,000 CHF. All limits are fixed and cannot be adjusted.
Daily Spending: €10,000
Monthly Spending: €20,000
Top-Up Methods
On-chain crypto transfer via mobile app or web dashboard
Min Amount: $1 minimum for activation
Processing Time: Instant for crypto deposits
Banking & Financial Services
✓
IBAN
✓
SEPA Transfers
✓
SWIFT
Swiss IBAN assignment after verification for Pro members. SEPA, SWIFT, and SIC payment integration. Bank transfers available only for Pro tier ($24/month). Bank withdrawals generally require you to first deposit a small amount from the same bank account. Withdrawals are then limited to that same verified account for compliance purposes.
Security Features
Features: 3-D Secure/SCA (PSD2) with OTP to registered email,Biometric passport with NFC scanning capability for KYC
Insurance: Not covered under Swiss Deposit Protection Scheme
Mobile Wallet Support
Apple PayGoogle PayiOSAndroid
Best For
Crypto-native users who frequently convert cryptocurrency to fiat for everyday spending, European and Asian residents seeking regulated crypto-to-fiat solutions with Swiss oversight, and mobile-first spenders who prefer digital wallet payments over physical card transactions.
Custody Model
custodialPlatform holds user crypto after deposit; users do not control private keys. Crypto is converted to fiat and represented as UR Cash Tokens on Mantle network. Custody transfers to provider at deposit/crypto-to-fiat conversion.
Risk: If provider disappears, users lose access to funds held on platform.
Card Issuer & Compliance
Issuer Name: SR Saphirstein AG (CHE-256.014.995), Zürich, Switzerland
Kyc Required: true
Issuer License: FinTech License (Article 1b Swiss Banking Act), supervised by FINMA (Swiss Financial Market Supervisory Authority)
Platform Licenses: FINMA FinTech License
Availability
Available in 44 countries across Europe, Asia, Oceania, Americas, and Africa. Restricted in 54 countries. Key regions missing: United States, India, Mexico, Turkey, South Africa. U.S. Persons (including U.S. citizens, residents, green card holders, and nationals of Puerto Rico, Guam, American Samoa, Northern Mariana Islands, U.S. Minor Outlying Islands) entirely excluded.
Card Tiers
Basic
Virtual onlyVirtual only
Free tier, minimum $1 in UR account for activation
Fees
Issuance: Free
Top-up: Free (gas fees apply)
Monthly: Free
Monthly Limit: €20,000
MastercardApple PayGoogle PayAlipay
Cashback: None
Virtual card with standard designInstant activation after KYCOn-chain walletMulticurrency account0.5% crypto off-ramp fee
Pro
Virtual onlyVirtual only
$24/month subscription
Fees
Issuance: Free
Top-up: Free (gas fees apply)
Monthly: $24
Monthly Limit: €20,000
MastercardApple PayGoogle PayAlipay
Cashback: None
Exclusive Pro design virtual cardInstant activation after subscriptionOn-chain walletMulticurrency account0% crypto off-ramp fees (promotional period)Bank transfers (SEPA/SWIFT) - Free (recipient fees may apply)Swiss IBAN assignment after verification
Merchant Restrictions
Automated fuel dispensers- Automatically rejected merchant category
Gambling/lottery/casino- Automatically rejected merchant category
Money transfer businesses- Automatically rejected merchant category
Quasi cash- Automatically rejected merchant category
Political/religious organizations- Automatically rejected merchant category
Utilities- Automatically rejected merchant category
User Ratings
No public user ratings available yet
Roadmap & Updates
Recent Updates:
- Promotional Pro Membership - Three months free Pro access for accounts verified between October 7, 2025 – January 6, 2026
Conclusion
UR Mastercard Virtual Debit represents a sophisticated virtual-only Mastercard solution that successfully bridges on-chain cryptocurrency holdings with traditional fiat spending through Swiss regulatory infrastructure. The platform's standout features include direct crypto integration across major networks, instant conversion capabilities, and regulated Swiss oversight under FINMA supervision. The service excels for crypto-native users in supported European and Asian markets who prioritize mobile wallet spending and value on-chain deposit capabilities. However, significant limitations include the virtual-only format, fixed spending limits, absence of deposit insurance protection, and complete exclusion of U.S. Persons and transactions involving an extensive list of restricted payment countries. The fee structure presents a mixed value proposition - Pro members benefit from 0% crypto off-ramp fees during promotional periods, but the $24 monthly subscription and 1-1.05% FX conversion fees may offset savings for moderate users. The ideal user profile includes high-volume crypto converters who can justify Pro membership costs and prefer regulated Swiss infrastructure over traditional neobank alternatives.
Card launched: 2025
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