Binance Card Review (Qatar): Great FX rates, real cashback, and a few tips

Hello everybody! Just needed to share my experience utilizing this card up to now.

I acquired the digital card, which I added to Apple Pay. I made a decision to start out utilizing it mainly for three reasons: I already had an honest quantity of crypto and USDT in my Binance account, the card presents a tiered cashback system (up to 2% for those who spend $800+ per 30 days), and I needed a better choice for worldwide purchases since my present credit card has a horrible trade price (I'm based mostly in Qatar).

Listed here are some insights and positives:

• The change price could be very truthful, principally the same because the Google price, which is superb.
• There are not any FX fees as long as you pay utilizing USDC.
• The cashback is legit. To date I’m near reaching the 1.5% tier.
• You'll be able to maintain your crypto in Binance Easy Earn and still use it for funds, you don’t need to move every little thing to the Funding wallet.

On the destructive aspect:

• There’s a day by day spending limit of $2,000
• You can't withdraw money from ATMs
• There is a month-to-month restrict of $7,500
• It really works greatest when paying with USDC. In case you use USDT or different crypto, you’ll be charged a conversion payment, and probably a further FX payment if the cost just isn't in USD

General, I’m actually proud of the card to date, particularly the trade rates. It truthfully feels just like using something like Revolut or Sensible, so I plan to use it for each local and international spending, and during travel.

See for instance a screenshot of a purchase in Peru (foreign money PEN) where I pay with my card, and the trade price utilized was three.46 with no further charges.

Completely happy to reply any questions.

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