Uphold Card Review

Company information

Founded in 2015, Uphold is a multi-asset digital money platform offering various financial services to a global market.

Uphold allows it's users to buy, hold, sell, send and spend their digital assetst in one place with it's unique 'Anything-to-Anything' approach, giving their users the ability to access and manage their different financial assets such as traditional / crypto currencies (200+) and commodities in over 184 countries around the world.

Pros and cons

Pros:

• Regulated by the FCA
• Card to be used both virtually and physically 
• Uphold card connected to apply pay and google Pay
• users can pay using any currency or crypto that has balance 
• instant notification of transactions and rewards
• 4% xrp rewards on every transaction anywhere
• 0% foreign transaction fees
• No annual fees
• Great FX rates

Cons

• Supported languages are currently only English and Spanish.
• Debit cards and some other features are currently not available in some regions (including EEA).
• Support live chat feature is only available in app.

Who is it for?

Uphold card is available to individuals in the UK that are over the age of 18.

Onboarding process

Uphold's app is available on both App store (iOS) and Google Play (Android).

In the initial sign up process you will need to submit the following details: email address, country of residence, nationality and your password. Other documents might be asked to submit, depending on the products you'll be inetrested to use via Uphold.

It takes between 5-10 minutes to open your free account and activate your virtual card, which you can easily add to your mobile wallet (Apple Pay / Google Pay) and start using it for payments.

You can also request a physical card from the app with a one-time shipping fee of £9.95 and an expected delivery time of 7-10 business days.

You can fund you account via Debit card, Bank transfer and/or sending crypto from an external wallet.

Plans

The Uphold card is not subjected to any plan.

Virtual card is completely free from day 1.

Key feature

1. Use your card to spend crypto
2. Track your spending with real-time analytics.
3. Protect your account with a "Freeze your card" option
4. Earn 4% cashback paid in XRP anywhere in the world
5. Customise the virtual card 
6. Buy, hold, sell, send and spend your digital assetst in one place

Bottom line

Uphold is beneficial for users who are interested in possesing and spending multi-financial assets without the hassel of managing them in different platforms and switching them from one place to another.

It is also a great solution for people who are travelling abroad as well as users who regulary shop online in different currencies, and are interested in saving on currency exchange fees.

*Terms Apply. Uphold offers real time crypto exchange. Crypto assets are volatile and unregulated. No consumer protection. Your capital at Risk. Uphold Card is Issued by Optimus Cards UK Limited, a principal member of Mastercard and authorised by the FCA.