BlockCard Review | Guide For Crypto Casino Players

BlockCard may not be widely used as other crypto debit cards on our list but its low fees make it a standout. In this quick guide, we’ve digested all the necessary information and explained how you can use BlockCard for online gambling.

What is BlockCard?

Blockcard review

Imagine you could use your own regular bank account with a debit card to match, gamble, store cryptos, or use them in shops. Moreover, you preferably want to convert cryptos to fiat money at a favorable exchange rate at the exact moment of purchase. This is what crypto debit cards are all about, and much more. They can help you earn more money just by staking cryptos or even spending them.

Crypto cards were an instant hit in the gambling community due to several factors. The transactions are extremely well protected, they are not regulated as much as banks, and you can do business with several different cryptos – all at the lightning speed provided by the crypto transactions. But the best thing about crypto debit cards is cashback rewards.

what-is-blockcardSimply put, BlockCard is a Visa debit card from Unbanked, formerly known as Ternio. It allows you to handle cryptocurrencies, exchange them, and keep your crypto units in their original currency right until you make a purchase. BlockCard supports 14 different cryptos, including the Unbanked’s local crypto called Tern. Moreover, there are three versions of BlockCard crypto debit cards: a virtual card, a plastic card, and a metal card. Let’s see how they operate.

What kind of cards does BlockCard offer?

There are three debit cards available, all bringing something different to the table. Being a Visa card, it is widely accepted, both in casinos and stores. It is paired with a mobile app that enables you to spend and exchange your cryptos anywhere you go.

  • Virtual Card: The daily spending limit is $5000, and 24/7 customer support.
  • Plastic Card: Same as a virtual card, but you can withdraw $500 via ATM per day.
  • Metal Card: Same as a plastic card but it will soon have replacement protection.

BlockCard Prepaid Debit Card Pros and Cons

  • Great cashback rewards.
  • Supports Apple, Google, and Samsung Pay.
  • Your crypto funds are automatically converted into fiat money.
  • It’s a Visa debit card, with all perks and benefits.
  • Decent referral program.
  • Great for US players.
  • Crypto cashback requires large amounts of Tern tokens.
  • Flat-rate fees are not lucrative for small transactions.
  • Monthly $5 fee for those spending less than $750.
  • KYC procedure and a physical card come with an expense.
  • Tern balance and other fees.
  • Limited use for Europeans.

How Does the BlockCard Work?

BlockCard is a crypto debit card backed up by Visa. Apart from MasterCard, Visa is the most widely accepted card in the world, which means that your BlockCard is almost equally accepted by vendors and service providers anywhere on the planet. You can pay for goods and services using your cryptos, which are converted into a fiat currency of your choice at the moment of transaction. It’s that simple.

As soon as you deposit fiat money into your BlockCard account, it will be converted to Tern, the local currency, or UNBNK. This may annoy some investors and gamblers, but it’s the only way to exploit great benefits and bonuses to come. Next to allowing you to use cryptos freely, BlockCard will reward you with up to 6% cashback on your every transaction.

That reward is paid in UNBNK money, sadly, but after that, they are yours to do whatever you want. Naturally, a mobile app is readily available for all users looking forward to earning money as they spend it, all across the globe.

Google Pay, Apple Pay, and Samsung Paygoogle-pay-apple-pay-samsung-pay

If you are an American citizen, we have good news for you! Your Unbanked card is very friendly with Google Pay, Apple Pay, and Samsung Pay. US citizens can use all of their mobile payment options in conjunction with virtual or physical cards, enabling them to spend cryptos via BlockCard without an actual card.

Unfortunately, we have bad news for European users. Samsung Pay is the only payment service that’s supported at the moment. Unbanked hasn’t disclosed any information on the subject so we cannot say certainty that Europeans can expect Apple and GooglePay any time soon.

What is Staking and How to Earn Rewards?

Staking is one of the best ways to earn Tern tokens, in a process very similar to bank savings with an interest. A person can stake Tern tokens for 30 days or more, and reap the benefits of every purchase. Essentially, you are allowing Unbanked to hold and control your digital assets, and in return, it rewards you with cashback prizes, whose size is determined by the amount of Tern staked.

At the time of writing this review, the price of Tern was $0,004988. Let’s now see what staking Tern looks like in real life, using the best scenario possible.

  • You stake at least 145,000 UNBNK.
  • You get 6% cash back rewards, paid in UNBNK.
  • Buy something for $1,000. Receive $60 back in UNBNK.
  • Spend those $60 and receive another $3,6 cashback reward.
  • That’s 6,38% of the cashback money total.

BlockCard Tiers and Benefits

This section deals with BlockCard staking benefits. The formula is very simple – the more you stake, the better the reward.

  • 30,000 UNBNK – 1% cashback
  • 57,500 UNBNL – 2%
  • 82,000 UNBNK – 3%
  • 05,000 UNBNK – 4%
  • 120,000 UNBNK – 5%
  • 145,000+ UNBNK – 6%

As mentioned in the example above, you can go for the maximum cashback percentage of 6,38% if you decide to spend your 6% cashback straight away.

Referral Program

When you refer BlockCard to a friend, and that person signs up and loads $100 worth of crypto on their account, both of you will be awarded $10, paid in Tern coins naturally. Participating in the referral program is free of charge and you can invite all of your friends, both real ones and those on social media. All you have to do is share your link on invitation codes.

BlockCard Visa Card Limitations

There are only a few issues with BlockCard, apart from the notorious volatility of all cryptos and certain restrictions for non-American users. In terms of cash withdrawals, the maximum withdrawal is $2,000 per day or $12,000 per month. The same limits apply when you decide to buy crypto or send funds to other cards because the BlockCard crypto debit card effectively treats your transfers and acquisitions as withdrawals. At the moment, users can not exploit BlockCard as their calling card.

BlockCard Crypto Debit Card Fees

Good news, fellow crypto investors, BlockCard fees are one of the best in the business. There are no fees imposed on signing up or using a BlockCard account. Additional zero-fee services are:

  • ACH deposits.
  • ACH withdrawals.
  • Wire transfer deposits.
  • Wire withdrawals.
  • Buying cryptos.
  • Exchange fees.
  • Transfers to BlockCard.
  • Account termination.

As for the monthly subscription fee, it varies depending on your monthly purchase amount. If you spend over $750 per month at POS merchants, there’s no monthly fee, but if you spend less than $750 per month at POS merchants, you will have to pay $5 per month. Also, some other fees might occur on behalf of third parties and institutions.

There is an ATM balance inquiry fee of $0,50, and BlockCard offers a $3 fee on all cash withdrawals. All transaction fees outside of the US are $0,50 more expensive, while PIN transactions cost 1$, or $2 internationally, and a card replacement fee is another $10. When all is said and done, BlockCard fees are a bit more frequent than with other competitors but they try to compensate with better cashback rewards.

BlockCard Visa debit card supports 14 cryptocurrencies

Ternio tern Ternio (TERN)
basic attention token bat Basic Attention Token (BAT)
bitcoin btc Bitcoin (BTC)
bitcoin cash bch Bitcoin Cash (BCH)
cronos cro Cronos (CRO)
dai Dai (DAI)
ethereum eth Ethereum (ETH)
litecoin ltc Litecoin (LTC)
pax dollar Pax Dollar (USDP)
stellar xlm Stellar (XLM)
tether usdt Tether (USDT)
True USD tusd True USD (TUSD)
Uniswap uni Uniswap (UNI)
USD Coin usdc USD Coin (USDC)

Once you open your BlockCard Visa card account, it’s time to invest in your digital assets. Like other crypto debit cards, BlockCard has to be pre-loaded with fiat currency with a minimum deposit of $10. We advise you to deposit more funds, at least $30 – $10 to cover the KYC and activation fee, and another $20 that you can use for shopping, or investing in Tern tokens.

Crypto users can then select the type of card that fits their needs on their account dashboard, and once you complete the KYC procedure, your virtual card is available instantly. Your physical cryptocurrency debit card should be in your mailbox within 10 business days. Reminder – your physical card will differ from your virtual BlockCard in serial numbers, but it will also draw funds from the same BlockCard account. In order to complete the KYC procedure swiftly, we urge you to prepare the following documents:

  • Social security number (for US citizens)
  • Passport
  • Driver’s license
  • A government-issued ID with a photo

If you fail to complete the KYC procedure, you may automatically enter a manual review process which will include additional documents and/or information. Once there, you will be contacted by the customer support team.

BlockCard Vs Bank Account

Compared to traditional banking services, BlockCard, and other crypto debit cards, offer numerous perks and benefits that can also be useful in online gambling. You can send your crypto funds from different crypto accounts, buy or sell cryptos, and you can use them at online casinos that accept VISA cards.

Now, your bank will probably have lower transaction and ATM fees, but interest rates in all banks are at the historical minimum, and crypto staking is a much more profitable solution, albeit quite risky. We advise our readers to use both bank accounts and crypto wallets and to combine the best of two worlds as they gamble along.

ACH Withdrawal Pending Time

There are 3 to 7 days waiting periods for all ACH withdrawals, however. Your transaction has to be verified by a single microtransaction first, usually less than $1, and if successful, your original withdrawal will land on your account a few days later.

Is BlockCard The Best Crypto Card For Me?

Congrats, you’ve made it to the end of our BlockCard review. So, is BlockCard worth the hassle? The answer depends on what you want from a crypto debit card and what online casinos you intend to visit.

We advise you to get a BlockCard crypto debit card if you like the cashback bonus of 6,38% above all else. It is truly a great bonus and it’s not as expensive to stake as some competitors are.

Since this is a Visa card, it’s essentially bulletproof when it comes to casino deposits, or paying for services anywhere in the world. Additionally, you can get even more passive earnings if you refer your friends to BlockCard and they readily deposit $100.

However, if you are afraid that high staking requirements will potentially ruin your bankroll in a long run, you might want to reconsider. Yes, 6,38% per purchase is a fantastic cashback bonus, but remember – you have to stake large amounts of an extremely volatile currency for a long time. If the crypto price changes rapidly, and you are not able to use it, you could potentially lose a lot of digital assets.

It is a risky proposition, but in the crypto world – what isn’t? If you are still uncertain, please visit the BlockCard website. And please, gamble responsibly!


  • Why is BlockCard rewarding me with a 6% cashback?

    This is due to the fact that BlockCard and Tern tokens are closely connected, and the company is giving you money in order to incentivize you to stake your own Tern token for a long period, which is a risky business because crypto tokens are extremely volatile over time.

  • Is there an ATM fee and what is the daily spending limit?

    Yes, ATM transaction fees in the US are charged $3, and $3,5 internationally. This crypto debit card has a daily spending limit of $5,000.

  • How long does it take for a deposit to be completed?

    This greatly depends on the crypto you are using, but in most cases, it ranges from just a few seconds to a couple of hours. However, no matter the crypto, your deposit should be fully completed within 24 hours. If not, please contact customer support.

  • Is my money FDIC insured?

    Yes, it is. Players are protected even in the worst-case scenario of losing your deposits.

  • Crypto staking looks awesome. Is there a catch?

    Yes, there is. You are deliberately restricting yourself access to your crypto funds for a long period of time, risking value losses and other potential investments. Additionally, your staking-related cashback rewards are paid in local crypto called Tern, and not the crypto you would actually want. It’s a highly speculative and risky operation because unlike traditional bank savings crypto tokens tend to change value far more dramatically than fiat currencies.

  • How to activate my plastic or metal card?

    Log into your account, go to the activation page, and enter a three-digit CVV code printed on the back. Please be aware that your PIn number will be different than your CVV code.

Scroll to Top