A convenient, low-fee way for US Phantom users outside New York to spend stablecoins. Everyone else can’t get it yet, and anyone after rewards should look elsewhere.
Score breakdown
How we read the terms: US cardholder agreement: $0 card and monthly fee. FX scored as 1% (the international fee is 1% + $0.30 per transaction). Cashback is not scored because no rate is published.
Not rated yet: verified criteria cover 60% of the weight, and we need 70% to give an overall score. How scores are calculated.
Pros
- No fee to get the card and no monthly fee
- Spends from a self-custodial Cash account on Solana
- Apple Pay and Google Pay
- No fee to add funds to the card
Cons
- US only, and not in New York
- Virtual only, with no physical card
- No published cashback rate
- No ATM withdrawals, and a 1% + $0.30 fee on purchases outside the US
Overview
The Phantom debit card is a Lead Bank prepaid Visa, with Bridge Ventures as programme manager and Phantom as platform provider. When you pay, Stripe draws CASH, a USD-pegged stablecoin, from your Cash account and converts it to USD.
Your Cash account is a self-custodial smart-contract wallet on Solana. The card has a $2,000 daily limit, with an automatic review for up to $5,000 after 30 days of history.
We haven’t run a hands-on test of this card; this review is based on the issuer’s published documents linked on this page.
Fees and limits
- Card issuance (US)
- $0source
- Monthly fee (US)
- $0source
- FX fee (US)
- 1% + $0.30source
- Top-up (US)
- $0 (card load)source
- Free ATM per month (US)
- Not availablesource
Fees are quoted from the issuer’s documents for the region shown. Each “source” link opens the issuer’s page; the wording is quoted in the availability table and in the link’s tooltip.
Is it worth it? Quick math
We can’t do the maths yet: the entry-tier cashback or one of the fees is not verified.
Cashback paid in a volatile token can be worth more or less when you sell it. FX and top-up fees are not included here.
Availability
| Region | Status | What the issuer says |
|---|---|---|
| US | With restrictions | “The card is available in the US only (except New York)”source Not available to New York residents. |
| UK | Not available | “The virtual Phantom debit card is available only in the United States (except New York).”source |
| EEA | Not available | “The virtual Phantom debit card is available only in the United States (except New York).”source |
By country
Other regions listed by the issuer: United States (except New York)source. Not legal advice; an issuer can refuse any applicant.
How to get the card
- 1Install PhantomSet up the Phantom mobile app and fund your Cash account.
- 2Verify your identityComplete identity verification for Cash.
- 3Activate the cardAccept the card terms and create your virtual card within 24 hours of approval.
- 4Add to your phoneSet a PIN, then add the card to Apple Wallet or Google Wallet.
Phantom Card: common questions
Is the Phantom card available outside the US?
No. Phantom says the virtual card is available only in the United States, except New York, with no timeline for other regions.
Does the Phantom card charge foreign transaction fees?
Yes. The cardholder agreement lists a fee of 1% + $0.30 on each transaction with merchants outside the US.
Alternatives and comparisons
Information only, not financial advice. Crypto assets are volatile. Terms change often — confirm on the issuer’s site before applying.