TLDR: Blackcatcard, a relatively young fintech brand founded in 2019, is making waves in the field of digital banking innovation. The European-based service offers virtual and plastic cards that can be managed through its online banking service and mobile app. It provides free account creation, virtual cards, and card maintenance for individual customers, and payment cards can be delivered anywhere in the world. Blackcatcard also offers additional integrated services such as a crypto wallet, cashback schemes, rewards, and the option of issuing additional cards with customized designs. It has gained a diverse customer base in the European Economic Area (EEA) and other countries. Recently, Blackcatcard partnered with Binance Pay, allowing users in Europe to easily convert their cryptocurrency into Euros and use it for everyday payments. The collaboration aims to bridge the gap between the crypto and traditional banking sectors.
One of the standout features of Blackcatcard is its selection of cashback and rewards for customers. This includes a reward of up to 4% per annum on account balances, 0.5% cashback on all card purchases, 2% cashback on purchases made with Amazon, and 5% cashback on purchases made via the Google Play market. Connecting family members to the Blackcatcard can increase cashback income. The service is licensed by the Malta Financial Services Authority as an Electronic Money Institution (EMI).
