E Money Card Review (2026)

The E Money Card is a Mastercard credit card with a $99 one-time fee, available in 187 countries (NOT US/Canada).

Reviewed by Card Pilled Editorial · Last verified 2026-09-04

Key Facts

Cashback
0%
Annual Fee
$99 one-time
Region
187 countries (NOT US/Canada)
Type
Credit
Network
Mastercard
KYC
standard
Mobile Pay
Apple Pay, Google Pay

Overview

E Money Network is a MiCA-oriented modular Layer 1 blockchain with built-in compliance modules (KYC, KYB, KYT), focused on real-world-asset tokenization. Consumer products include a multichain wallet and the E Money Card, a Mastercard-network crypto card; the project rebranded from Scallop in early 2024 and announced a $5 million Series A in January 2025 co-led by Animoca Brands.

The E Money Card is a crypto credit card offered by E Money Network, available in 187 countries (NOT US/Canada). The annual fee starts at $99 one-time.

It is a strong fit for privacy-conscious users who want to keep custody of their keys while spending. It runs on the Mastercard network and requires standard identity verification.

Cashback Tiers

E Money Card cashback tiers and requirements
TierRateRequirement
Standard0%No cashback programme appears in any E Money document. A single provider social post advertises "up to 2% cashback", which is neither a flat rate nor corroborated by the fee schedule or card FAQs

Pros

Cons

Fees & Costs

Conversion Fee
0.5% collateral injection (top-up)
FX Fee
1% (E Money) plus a 2% Mastercard network fee on overseas transactions, roughly 3% all-in
ATM Withdrawal
2% Hong Kong / 1% overseas (E Money fee), plus Mastercard network fees
Top-Up Fee
0.5%

Cost & Returns

On $500/mo spend, the estimated monthly cost breakdown for E Money Card is: gas $0.50, conversion spread $2.50, flat/FX fees $0.00, and amortised card/tier fee $8.25, for a total drag of 2.3% of spend. After $0.00/mo cashback that is still a net cost of about $11.25/mo ($135.00/yr). Because E Money Card is loaded on-chain, frequent small top-ups add gas cost: a daily-spender profile pays about $10.00/mo in gas versus $0.50/mo for a single monthly load, so total drag runs 4.2% with daily reloads versus 2.3% with a monthly reload. Figures are conservative estimates and vary with conditions.

Note: Rebranded from Scallop (July 2025). Non-custodial Mastercard credit card. $99 one-time fee (USDT/USDC). Foreign transactions cost roughly 3% all-in: E Money charges 1% and Mastercard adds a 2% network fee on overseas transactions. Supports ETH/BNB/Solana chains. MiCA-compliant. Card listed as live in E Money Network FAQ (Mastercard accepted worldwide). Limited independent third-party verification of cardholder volume. CASHBACK UNRESOLVED (2026-09-04): the "up to 2%" claim is no longer confined to a social post. E Money's own blog and its E Money Card FAQ pages both now advertise up to 2% cashback on all card transactions. What is still missing everywhere is the mechanism: no tier, threshold, cap, payout asset or qualifying-category rule is published, and "up to 2%" without those is not a rate a user can rely on. The recorded rate stays at 0 rather than adopting a headline number with no terms behind it. Needs manual review against the live card FAQ.

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What's changed

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FAQ

What is the E Money Card?

The E Money Card is a crypto credit card offered by E Money Network. It is available in 187 countries (NOT US/Canada) and allows users to spend cryptocurrency at merchants worldwide.

What are the fees for the E Money Card?

The E Money Card has an annual fee of $99 one-time. Additional fees: Conversion fee: 0.5% collateral injection (top-up); FX fee: 1% (E Money) plus a 2% Mastercard network fee on overseas transactions, roughly 3% all-in; ATM: 2% Hong Kong / 1% overseas (E Money fee), plus Mastercard network fees; Top-up: 0.5%.

Does the E Money Card require KYC?

Yes. E Money Network requires standard identity verification (KYC), typically a government-issued ID, during signup.

Which countries is the E Money Card available in?

The E Money Card is available in 187 countries (NOT US/Canada).

Is the E Money Card a credit or debit card?

The E Money Card is a true credit card, meaning you can make purchases on credit rather than needing to pre-fund the card with cryptocurrency.

Is the E Money Card a non-custodial card?

Yes, the E Money Card is a non-custodial (self-custody) card. This means you retain control of your private keys and your crypto is not held by a third party. Funds are only converted at the point of sale, reducing counterparty risk compared to custodial alternatives.

Does the E Money Card support Apple Pay or Google Pay?

Yes, the E Money Card supports Apple Pay and Google Pay for contactless payments.

Visit E Money Network

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