Fees & Limits

CARDHOLDER FEES

BANK – CARD FEES

Description Fees
International foreign exchange transactions† 3.00%
Overdraft Fee $5.00
Chargeback Fee $20.00
Card Order Fee Free
Card Replacement Fee $10.00
ATM Fee Free
Monthly Fee Free
Inactivity Fee $5.00 per month

The total fee will be the rate charged by the network (Visa) on the day the transaction is processed, plus the administration fee of 3.00%.

SPEND – WITHDRAWAL FEES

Description Fees
All Card withdrawal transactions (including POS and ATM transactions)* 1.00%

* These fees are not charged by the issuing bank and are provided herein for information purposes only. These fees remain at all times subject to the terms and conditions of any agreements between you and Spend.

CARDHOLDER FEES

BANK – CARD FEES

Description Fees
International foreign exchange transactions† 3.00%
Monthly Fee Free
Inactivity Fee Free
ATM Fees Free
Card Order Fee Free

The total fee will be the rate charged by the network (Visa) on the day the transaction is processed, plus the administration fee of 3.00%.

SPEND – WITHDRAWAL FEES

Description Fees
All Card withdrawal transactions (including POS and ATM transactions)* 1.00%

* These fees are not charged by the issuing bank and are provided herein for information purposes only. These fees remain at all times subject to the terms and conditions of any agreements between you and Spend.

CARDHOLDER FEES

UNION PAY CARD FEES – LOAD BASIS

Description Fees
Network Transaction Fee 3.00%
Load Fee 1.5% or $2.50*
Chargeback Fee $26.00
Card Replacement Fee $13.00
Monthly Fee $5.00 per month
Inactivity Fee $5.00 per month

*Whichever is higher

Deposits made into the Spend Wallet are free except for Wire transfers. Wire transfers are $25

Spend Wallet Fiat Withdraw Fees

Symbol Fiat Name Minimum Withdrawal Withdrawal Fee
USD
US Dollar $10.00 0.2%
 CAD
Canadian Dollar $10.00 0.2%
EUR
Euro €10.00 0.2%

Spend Wallet Crypto Withdraw Fees

Symbol Coin/Token Name Minimum Withdrawal Withdrawal Fee
SPND
Spendcoin 1 0.3 SPND
 BTC
Bitcoin 0.002 0.0005 BTC
 BCH
Bitcoin Cash 0.002 0.001 BCH
 ETH
Ethereum 0.02 0.01 ETH
 LTC
Litecoin 0.002 0.01 LTC
 ETC
Ethereum Classic 0.02 0.01 LTC
QTUM
Qtum 0.02 0.01 QTUM
 EOS
EOS 0.2 0.1 EOS
 ZEC
Zcash 0.01 0.005 ZEC
DASH
Dash 0.004 0.002 DASH
 ADA
Cardano 4 1 ADA
 XRP
Ripple 22 0.25 XRP
 XLM
Stellar Lumens 21 0.01 XLM
 BNB
Binance Coin 0.5 0.13 BNB
 POLY
Polymath 15 7 POLY

MEMBERSHIP AGREEMENT

between

Spend and the User

 

By clicking “I agree to the Spend Terms of Use” or by activating or using your Spend Card, you acknowledge that you have (i) received and read the entire agreement set out below, (ii) accepted the terms and conditions set out below, and (iii) agreed to the membership fees set out below. Spend will be deemed to have agreed to this Membership Agreement if it issues a Spend Card to you and that card is activated for use by you. (iv) Spend has the right to modify any of the member terms at anytime with 30 days written or electronic notice. (v) You agree that these terms adhere to the same clause of arbitration in the general Terms of Use of all Spend services. 

SPEND – MEMBERSHIP LEVEL FEES*

Membership fees are only paid once for a lifetime benefit per card.

Description Fees
Spend Wallet Free
Spend Simple $25.00 Membership Fee
Spend Preferred $25.00 Membership Fee

2,500 SPND
Lock for 6 Months

Spend Black $50.00 Membership Fee

25,000 SPND
Lock for 6 Months

Spend Black Metal Upgrade Fee $500.00
Spend Black Metal Replacement Surcharge Fee $100.00

* These fees are not charged by DCBank and are provided herein for information purposes only. These fees remain at all times subject to the terms and conditions of any agreements between you and SPEND.

MEMBER REFERRAL REWARDS

All Membership Referral Rewards are paid in Spendcoins (SPND) based on USD value equivalent.  Spend Preferred and Spend Black Members have access to our Referral Rewards program, where they may distribute invitations to anyone of their choice. Each reward is valued at $50 for Spend Preferred Members and $100 for Spend Black Members. Spend Preferred Members can earn up to $5,000 through Referral Rewards.  Spend Black Members can earn up to $10,000 through Referral Rewards. The reward is paid to both the user and the referral upon Spend App sign-up and KYC verification.

SPEND CARD REWARDS

All Membership Card Rewards are paid in Spendcoins (SPND) based on USD value equivalent. Rewards are paid instantly to the users wallet.

Description Reward
Spend Simple 0.2%
Spend Preferred 1%
Spend Black 3%

 

MEMBER WALLET REWARDS

All Membership Wallet Rewards are paid in Spendcoins (SPND) based on USD value equivalent. Rewards are paid instantly to the users wallet.

Description Reward
Spend Simple 0.3%
Spend Preferred 1%
Spend Black 2%

Spend Wallet Tier 0 Limits

Type Deposit Daily Withdrawal Monthly Withdrawal
Bank/ACH/EFT/SEPA
$0.00 $0.00 $0.00
Debit/Credit Card
$0.00 $0.00 $0.00

Spend Wallet Tier 1 Limits

Type Deposit Daily Withdrawal Monthly Withdrawal
Bank/ACH/EFT/SEPA
$0.00 $0.00 $0.00
Debit/Credit Card
$0.00 $0.00 $0.00

Spend Wallet Tier 2 Limits

Type Daily Weekly Monthly
Bank/ACH/EFT/SEPA
$2,500.00 $10,000.00 $40,000.00
Credit/Debit Card
$500.00 $2,000.00 $8,000.00

Spend Wallet Tier 3 Limits

Type Daily Weekly Monthly
Bank/ACH/EFT/SEPA
$10,000 $25,000 $100,000
Credit/Debit Card
$1,000 $5,000 $20,000

Spend Wallet Tier 0 Limits

Type Deposit Daily Withdrawal Monthly Withdrawal
Cryptocurrency
$0.00 $0.00 $0.00
Fiat
$0.00 $0.00 $0.00

Spend Wallet Tier 1 Limits

Type Deposit Daily Withdrawal Monthly Withdrawal
Cryptocurrency
No Limit $5,000.00 $100,000.00
Fiat
$0.00 $0.00 $0.00

Spend Wallet Tier 2 Limits

Type Deposit Daily Withdrawal Monthly Withdrawal
Cryptocurrency
No Limit $1,000,000.00 $30,000,000.00
Fiat
No Limit $25,000.00 $1,000,000.00

Spend Wallet Tier 3 Limits

Type Deposit Daily Withdrawal Monthly Withdrawal
Cryptocurrency
No Limit $20,000,000.00 $500,000,000.00
Fiat
No Limit $5,000,000.00 $50,000,000.00

Spend Card Tier 2 & 3 Limits (Amounts Shown in CAD)

Membership Level Daily Limit Weekly Limit Monthly Limit
Spend Simple™
$500.00 – Purchases
$100.00 – ATM
$3,500.00 – Purchases
$700.00 – ATM
$14,000.00 – Purchases
$2,800.00 – ATM
Spend Preferred™
$5,000.00 – Purchases
$500.00 – ATM
$10,000.00 – Purchases
$1,000.00 – ATM
$25,000.00 – Purchases
$4,000.00 – ATM
Spend Black™

 

$7,500.00* – Purchases
$2,500.00* – ATM
$18,750.00* – Purchases
$6,250.00* – ATM
$75,000.00* – Purchases
$25,000.00* – ATM

*TIER 3 REQUIRED

Spend Card Tier 2 & 3 Limits (Amounts Shown in USD)

Membership Level Daily Limit Monthly Limit
Spend Simple™
$500.00 – Purchases
$150.00 – ATM
$15,000.00 – Purchases
$4,500.00 – ATM
Spend Preferred™
$5,000.00 – Purchases
$500.00 – ATM
$30,000.00 – Purchases
$5,000.00 – ATM
Spend Black™

$10,000.00* – Purchases
$1,000.00* – ATM
$50,000.00* – Purchases
$10,000.00* – ATM

*TIER 3 REQUIRED

Spend Card Tier 2 & 3 Limits (Amounts Shown in USD)

Membership Level Daily Limit Monthly Limit
 
Spend Simple™
$500.00 – Purchases
$150.00 – ATM
$15,000.00 – Purchases
$4,500.00 – ATM
 
Spend Preferred™
$5,000.00 – Purchases
$500.00 – ATM
$30,000.00 – Purchases
$5,000.00 – ATM
 
Spend Black™

$10,000.00* – Purchases
$1,000.00* – ATM
$50,000.00* – Purchases
$10,000.00* – ATM

*TIER 3 REQUIRED

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