Blackcatcard Review

Blackcatcard has emerged as a significant player in the fast-changing financial technology market, providing a comprehensive online banking service as well as a feature-rich app for card and account management. Blackcatcard serves both business and individual clients and seeks to provide a seamless and efficient banking experience. In this post, we will conduct a thorough evaluation to identify the major features and benefits that set Blackcatcard apart in the competitive financial business.

Blackcatcard is a fintech project that provides a variety of services, including an IBAN account, payment cards, a mobile app, an online bank, and affiliate programs. It was issued by Papaya Ltd., a financial organization.

The Blackcatcard platform provides a variety of financial services, with the goal of providing everyone with easy access to financial products, including those who have previously been excluded by traditional banking systems.

Further, It offers a wide range of free banking services, including a free IBAN account, a free Mastercard with free delivery worldwide, free monthly service, free SEPA payments, and 24/7 live customer assistance.

Moreover, This platform also provides cryptocurrency services, such as in-app crypto trading and wallets, as well as support for popular cryptocurrencies such as BTC, ETH, and USDT.

Blackcatcard Features

1. With Blackcatcard, you can effortlessly use Euro and Crypto money transfer methods.
2. You can send and receive money from other IBAN accounts in the European Economic Area, the United Kingdom, and Switzerland without restriction.
3. You can also make card-to-card payments with no limitations, commissions, or fast delivery time.
4. You may experience SEPA transfers between 30+ EEA countries and Switzerland firsthand.
5. Crypto transactions and money transfers with Blackcatcard are borderless and can be delivered globally.
6. You can transfer available bitcoins to other Blackcatcard clients instantaneously and without paying a blockchain commission.
7. When you open an account, you can also store your assets in a Personal hot wallet without any additional steps or expenses.
8. Blackcatcard virtual card provides a time-saving method for sending cryptocurrency, minimizing mistakes caused by copying and pasting long crypto wallet addresses.
9. A Minimal trade amount of €5 for buying any of 3 cryptocurrencies, with no applied commission.
10. Most transfers cost €0, with incoming payments being free and outgoing payments almost free.

Blackcatcard Crypto Service Fees

Blackcatcard Mobile Application

Blackcatcard’s mobile app enhances its online banking service by offering clients on-the-go access to their accounts as well as a variety of additional features. The app is accessible for both iOS and Android devices. It provides:

1. Card Management: The software allows users to effortlessly manage their Blackcatcard debit and credit cards, such as activating new cards, setting spending restrictions, and reporting lost or stolen cards.
2. Expense Tracking: The software includes capabilities for tracking and classifying expenses, which allow users to obtain insight into their spending habits.
3. Mobile Deposits: Clients can deposit checks by just taking images with the app, making the deposit procedure faster and more convenient.
4. Push Notifications: Real-time notifications keep consumers informed of account activity, allowing them to stay on top of their financial transactions.

Is Blackcatcard safe?

Yes, Blackcatcard is safe to use. Every transaction is protected by the 3D Secure system, which requires a PIN or biometrics for confirmation, ensuring that no payment may be made without your permission. Also, Push notifications and transaction history allow for real-time transaction tracking, giving you peace of mind.

Moreover, Account access requires simply a 6-digit security number or biometrics (Touch ID / FaceID), guaranteeing that only authorized users have access to the account. In addition, Instant card blocking is available from the app’s main screen or on the desktop, allowing for temporary or permanent card blocking in the event of a loss.

Blackcatcard Bonus Program

There are four bonus programs available, each with a return of up to 4% per year and no further criteria. It is enabled by default.

• 2% cashback on Amazon — purchases must be made through Amazon, and the monthly cashback limit is 50 EUR.
• Receive 5% cashback on purchases made through Google Play Market.
• 0.5% reward on card purchases if the total amount spent equals or exceeds 50 EUR per month. The cashback calculations do not include ATM withdrawals, card-to-card transfers, or transfers to other financial services.

The bonus programs cannot be used simultaneously. The “Cashback” feature of the app/desktop allows you to switch between bonus programs at any moment. Calculations and payouts are conducted on a monthly basis. The minimum payout amount is:0.10 EUR

Conclusion

The Blackcatcard platform provides compelling financial services, such as a free IBAN account, a Mastercard with no sign-up fees, and the ability to earn interest or rewards on card purchases. The platform offers 24-hour customer assistance as well as crypto trading and wallet functionality in-app. However, some users have noticed troubles with the platform, particularly with its cryptocurrency services and customer support. The platform’s capacity to handle only Euros and cryptocurrencies, as well as excessive fees for specific services, has been identified as a disadvantage. As a result, while the Blackcatcard platform provides benefits, users should evaluate its limits before adopting it.

Frequently Asked Questions

Who is eligible to open an account?

The accounts are available globally for the age of 16 and older.

How to top-up an account?

1. On the main screen, click the “Top Up Account” button and choose one of the transfer methods: a top-up code or an incoming SEPA payment. Both alternatives are free.
2. Additionally, you can fund your account by selling bitcoins. To sell it, go to “Crypto service”, select a currency, and then click “Sell”.
3. To add funds to your integrated hot wallet, select a currency and click “Receive” under the “Crypto service”. Your wallet’s address and QR code will be displayed on the screen.

Can I get an account statement?

Yes, you can. Account statements are available in the mobile app and online bank. You can also check the balance and available funds on your Blackcatcard account or view a statement of recent transactions in the mobile app and online bank.