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MSE ignoring Crypto prepaid debit cards

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Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Second Anniversary Name Dropper Photogenic
    edited 8 September 2021 at 7:29AM
    I use crypto.com, it was over run and very slow a few months ago but seems to have improved recently. I have the virtual card but have never used it. Not sure what the hidden costs are.0.5 ETH for example, on crypto.com costs £1232, on Revolut it costs £1242

    I don't think MSE could recommend these cards because ultimately people would lose their cash back value when the value of the coins go down and up etc and then everyone would cry and pretend they wasn't aware of the risks and say it was outrageous MSE had recommended them. In principle, the cash back card is a good idea. Yesterday morning I was up nearly £150 after being down £300 for a month or more, I checked today and now I am down £50 again and going down fast. There is no other risk like it. Imagine if you had put thousands in like people I know!
  • born_again
    born_again Posts: 22,273 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    https://www.bbc.co.uk/news/business-58459098
    Life in the slow lane
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