Anyone have any experience with crypto.com MCO Visa cards?
https://crypto.com/en/cards.htmlThere are 5 different offerings, ranging from 1% to 5% cash back on all spend with no AF and the top 2 cards include free Spotify, Netflix, 10% off Expedia, lounge access and more. From what I can tell, you need to maintain a certain minimum balance of MCO (their own cryptocurrency) with them to qualify for the higher tier cards. Unless I'm missing something, seems too good to be true. I can't find a lot of detail from anyone who has actually used the card (seems like they launched in the US just last month but they have been issuing cards in Singapore for a while). Does a "5,000 MCO Stake" mean you need to invest ~$30K USD (at ~$6 per MCO token current market value) to qualify for the Icy White card? Or am I completely misunderstanding how it works?
ETA: Looks like not available in US yet.
