The SPENDL Money Card is a Mastercard debit card with a R25/month fee, available in South Africa.
SPENDL Money is a South African crypto-to-fiat payments platform operated by the team behind Cardware Wallet (Africa's first air-gapped hardware wallet). Licensed as an authorized Financial Service Provider under the FSCA.
The SPENDL Money Card is a crypto debit card offered by SPENDL Money (Cardware), available in South Africa. The annual fee starts at R25/month. It runs on the Mastercard network and requires full identity verification.
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| Tier | Rate | Requirement |
|---|---|---|
| Smart | 0% | KYC level 2 (asylum seeker document, work permit or foreign national passport). R25,000 spend limit. No cashback; the Rewards feature is XP, levels and leaderboards only |
| Savvy | 0% | KYC level 3 (foreign national passport, South African ID, or asylum seeker document or work permit). R100,000 spend limit, R25,000 maximum monthly deposits and spend |
| Guru | 0% | KYC level 4 (passport plus work permit, or South African ID plus proof of residence). R500,000 spend limit |
On $500/mo spend, the estimated monthly cost breakdown for SPENDL Money Card is: gas $0.00, conversion spread $7.50, flat transaction fees $0.00, and amortised card/tier fee $25.00, for a total drag of 6.5% of spend. After $0.00/mo cashback that is still a net cost of about $32.50/mo ($390.00/yr). SPENDL Money Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. Figures are conservative estimates and vary with conditions.
Note: South African FSCA-licensed crypto-to-fiat debit card (launched Oct 30, 2025). Supports 12 cryptocurrencies (BTC, ETH, etc.) deposited from hardware/software wallets or exchanges, converted to ZAR same-day. Tiered account plans: R25,000 to R500,000 top-up limits. Worldwide Mastercard acceptance (40,000+ merchants). Free nationwide card delivery in South Africa. R99 account opening fee. Bank-level security via regulated bank partner. No cashback — primary value prop is legal, transparent crypto-to-fiat conversion in South Africa. CORRECTION (2026-08-27): the R99 account fee previously recorded appears in no official document; the published fee is R25 per month. Spendl's fee page (docs.spendl.money, read 2026-10-01) also charges R2.75 on every local point-of-sale purchase. Published fees also include international point of sale at R45.00 plus 1.56%, local ATM at R12.50 plus R2.50 per R100, international ATM at R100.00 flat, and card replacement at R100.00. The previously recorded description of bank-level security via a regulated bank partner is contradicted by Spendl's own terms, which state that ZAR balances sit in a pooled client account at a licensed third-party payment provider, are not bank deposits in Spendl's name, and are not protected by any statutory deposit-insurance scheme. The Mastercard network is not stated on any Spendl-controlled page and is treated as unverified. Licensed as Light Fusion (Pty) Ltd trading as Spendl Technologies, FSP licence 53757, an exempt crypto asset FSP under the FSCA. The spendl.money homepage now presents Spendl as financial infrastructure for South African businesses, while the consumer app is still documented at docs.spendl.money (read 2026-10-24); card processing runs through Spendl's licensed partner, Payaccsys. Deposits are one-way, crypto to ZAR. The fee schedule now lives at docs.spendl.money/spendl-for-individuals/spendl-money-app/supported-assets/spendl-fees. The published limits table has columns for Savvy and Guru only, not Smart.
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The SPENDL Money Card is a crypto debit card offered by SPENDL Money (Cardware). It is available in South Africa and allows users to spend cryptocurrency at merchants worldwide.
The SPENDL Money Card has an annual fee of R25/month. Additional fees: FX fee: International point of sale: R45.00 + 1.56% of the transaction value; ATM: Local R12.50 + R2.50 per R100; international R100 per withdrawal; Top-up: R2.75 per deposit from an outside source (R12 instant, R55 SWIFT); R1.20 from the card issuer.
The SPENDL Money Card has the following limits: daily spending limit: ZAR 25,000 (Savvy), ZAR 100,000 (Guru); monthly spending limit: ZAR 25,000 (Savvy), ZAR 500,000 (Guru); daily ATM withdrawal limit: ZAR 5,000 (Savvy), ZAR 10,000 (Guru). Limits can vary by account tier and verification level.
Supported assets include BTC, ETH, USDT, USDC, SOL, AVAX, BNB, LINK, TRX, XRP, DOGE, SHIB.
Yes. The SPENDL Money Card requires full identity verification (KYC): expect to submit a government-issued ID, and often proof of address, before the card is issued.
The SPENDL Money Card is available in South Africa.
The SPENDL Money Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.