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DeFi maxiUnlimit EU Ltdmastercard● Live

Bleap Card

Hybrid-custody Mastercard debit card using a 2-of-2 MPC wallet for direct spending.

The Bleap Card is a non-custodial crypto debit Mastercard issued by Unlimit EU Ltd. Designed for EEA and Swiss residents, it allows direct spending of cryptocurrencies from a self-custodial wallet at over 150 million merchants worldwide with no conversion or foreign exchange fees. Users maintain full control of their crypto assets through advanced MPC security. The card offers additional benefits like cashback and dynamic yield on idle balances.

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Best for

EEA/Swiss residents wanting self-custody spending with yield and 0% FX fees.

Skip if

You need >10 USDC cashback per month or live outside the EEA/Switzerland.

Network
mastercard
Custody
hybrid
KYC
full
Max cashback
2%
Min monthly fee
$0
Apple Pay
Yes
Google Pay
Yes
Physical card
Yes

The verdict

What we like
  • Non-custodial model with MPC security.
  • No monthly or annual fees.
  • 2% USDC cashback with no staking.
  • Earn up to 20% APY on balances.
  • 0% FX fees on international transactions.
  • Fee-free ATM withdrawals up to €400/month.
Watch outs
  • Low monthly cashback cap of 10 USDC.
  • 1% fee on card and Apple Pay deposits.
  • Hybrid 2-of-2 custody requires Bleap server.
  • Offers 2% USDC cashback, but this is capped at only 10 USDC per month.
  • Card top-ups via SEPA/FPS are free, but Apple Pay deposits cost 1%.

Basic information

Bleap Card is a non-custodial crypto debit Mastercard for EEA and Switzerland residents. It uses Multi-Party Computation (MPC) technology to allow users to spend crypto directly from their self-custodial wallet. The card is issued by Unlimit EU Ltd and offers features like cashback, yield generation, and zero foreign exchange fees. Both virtual and physical cards are available.

Fees

Bleap operates on a transparent fee model with no monthly or annual charges.

  • Card Issuance: Free for the first card
  • Monthly/Annual Fee: None
  • Purchase Transaction Fee: 0%
  • Foreign Exchange Fee: 0% (no FX markup)
  • ATM Withdrawal Fee: Free up to €400 per month worldwide
  • Card/Apple Pay/Google Pay Deposits: 1% processing fee
  • Bank Transfer (SEPA/FPS) Deposits: 0% processing fee

Spending & ATM limits

Notes
No transaction frequency limits specified
Atm Monthly
€400/month (or $400/month) fee-free
Daily Spending
No explicit cap beyond available balance

Features

Bleap combines non-custodial security with modern banking features.

  • MPC Security: Uses Multi-Party Computation for a 2-of-2 key setup between the user's device and Bleap's server.
  • Account Abstraction: Enables smart contract wallets for programmable transaction authorization.
  • Yield Generation: Earn up to 20% APY on idle digital USD, GBP, and EUR balances in DeFi 'Earn' vaults.
  • Bank Integration: Provides personal EUR (SEPA) and GBP (FPS) bank details for on-ramp and off-ramp.
  • Mobile Wallets: Supports Apple Pay and Google Pay for contactless payments.
  • Card Formats: Instantly issued virtual cards and physical plastic cards are available. A 17g metal card is planned.
  • Global Acceptance: Accepted at over 150 million merchants on the Mastercard network.

Rewards

TierRateUp to
default2%—

Availability

Available in 31 countries: EEA countries and Switzerland. Restricted nationalities ineligible regardless of residence: USA, UAE, Turkey, and other jurisdictions as specified in Bleap's restricted nationalities list.

Top-up & funding

  • Crypto (from self-custodial wallet)
  • Bank transfer (SEPA/FPS)
  • Card
  • Apple Pay
  • Google Pay

No pre-loading required; funds deducted from user's self-custodial wallet at purchase

Security & custody

  • EMV chip security
  • PIN protection for in-person transactions
  • Mastercard's Zero Liability policy
  • Real-time transaction alerts
  • Instant card freeze/unfreeze via app
  • Customizable spending limits
  • 3D Secure for online purchases
  • Biometric locks (fingerprint/FaceID)
  • MPC (Multi-Party Computation) technology
  • Account Abstraction

Risk note. Because it is a 2-of-2 setup, users cannot independently access or move their funds without authorization from Bleap's server. If the provider were to disappear, funds could become inaccessible.

Mobile wallets

Apple Pay Supported
Google Pay Supported
Samsung Pay—

Card tiers

Bleap Crypto Mastercard

Cashback
2% on eligible purchases (10 USDC monthly cap)
Card material
Virtual, Physical Plastic, Physical Metal (17g exclusive metal card coming soon)
FX free limit
Unlimited (no forex markups)
ATM free
€400 per month (or $400/month) fee-free worldwide
Issuance fee
Free
Requirements
EEA or Switzerland residency, KYC verification, eligible nationality
  • Non-custodial wallet with MPC security
  • Yield earning on idle balances (up to 20% APY)
  • EUR/GBP bank transfer details (SEPA/FPS)
  • No forex markups
  • Contactless payment support

Banking services

● Iban● Sepa Transfers

EUR IBAN details for SEPA transfers, GBP FPS-compatible details for UK transfers. On-ramp via bank transfers (SEPA/FPS) with 0% processing fee. Off-ramp crypto-to-bank withdrawals with 0% fee. Bleap Finance explicitly states it does not issue e-money, operate payment accounts, hold client assets, or provide custody services.

What users say

App Store
4.2/5.0 (36 ratings)
Google Play
3.6/5.0 (0 ratings)
Trustpilot
2.8/5.0 (4 ratings)

Mixed feedback - Positive on seamless spending, cashback rewards, non-custodial aspect, fast onboarding; Negative on customer support issues, app bugs, occasional transaction delays

Risks & limitations

Risks
  • Counterparty2-of-2 multi-sig setup requires both user device and Bleap server to authorize transactions. If provider disappears, users cannot independently access funds without Bleap's server.
  • MarketRelatively new service (founded 2023, beta launched late 2023) with limited track record
  • SecurityNo specific crypto insurance mentioned; relies on self-custody model for security
Limitations
  • majorOnly available to residents of EEA countries and Switzerland with nationality restrictions
  • moderate1% processing fee for card/Apple Pay/Google Pay deposits
  • moderate10 USDC monthly cashback cap is relatively low
  • moderateRelatively new service with occasional app stability issues
  • moderateLimited customer support response times reported by users
  • majorRestricted nationalities ineligible regardless of residence: USA, UAE, Turkey, and others
  • major2-of-2 multi-sig setup means if Bleap disappears, users cannot independently access funds

Roadmap

Recently shipped
  • Beta launched late 2023
  • Cards rolling out through 2024
Planned
  • Exclusive 17g metal card
  • Expansion to Latin America

Best suited for

Privacy-focused crypto users in Europe who want to maintain self-custody while spending crypto in everyday life, European stablecoin holders seeking yield on assets, frequent international travelers within Europe avoiding FX fees, and DeFi enthusiasts who value non-custodial solutions.

Our verdict

Bleap Card is an innovative solution for privacy-focused crypto users in Europe who value self-custody. Its non-custodial MPC model bridges the gap between blockchain assets and traditional payments, eliminating the need to deposit funds with a third party. With 2% cashback, yield generation up to 20% APY, and a zero-fee structure, it is a cost-effective option for its target audience. However, its geographic and nationality restrictions, low cashback cap, and status as a newer service are notable limitations.

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