you will enjoy this new card, especially if you live in EU
Ok, so this card is similar to Coca Card since they both use Wirex as the card issuer.
At the moment, Pulsar Card is primed for EU customers, and has many nice EUR-related features.
The Good:
✅ 1:1 USDC -> USD and EURC -> EUR conversion rate
✅ no Foreign Exchange fee if spending in USD or EUR (cards usually offer only one of these with 0% fx)
✅ awesome rate for USD-EUR conversion - only about 0.06%-0.09% spread comparing to the mid-market exchange rate.
✅ up to 4% cashback, starts with 0.5% for the 1st 1k, and goes up the more you spend. Max cashback cap per month is $1,000 USD (huge comparing to average of $50 with other cards)
✅ Auto-earn on EUR is coming soon
✅ Self-custodial card, via Privy (which means you can move your funds without Pulsar and you are in control of your money)
✅ you get both EUR (Sepa) and USD (ACH) virtual accounts in your name (you can receive salary, payments from customers, withdraw from exchanges etc) - you basically get mainstream use of this card, and your non-crypto friends or your gf can use it too.
✅ withdraw fiat to any EUR or USD account
The Bad:
❌ no physical card yet, so countries where Apple Pay isn’t available, won’t be able to use it much: Ghana, Kenya, Nigeria, Thailand, Uganda (but they said the card is coming soon though)
❌ limited countries supported (mostly Europe and a bit of Asia)
❌ just launched, so only English in-app language available for now
❌ I am not a fan of the visuals (maybe it’s the damn 3d icons lol), it’s just not as elegant as Plasma Card or Cashi, but hey, it’s simple and easy to use, so I won’t complain too much
Overall, you will enjoy this new card, especially if you live in EU and spend in EUR but also use USDC. That 0% fx on both EUR and USD transactions is pretty awesome.