The 1inch Card is shutting down: what it means for anyone still holding one

Updated October 2026

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The 1inch Card is finished as a product you can sign up for. The programme is being discontinued, new applications are closed, and anyone still holding money in it has been told to move that money out. That is the short version, and it is the whole reason I am writing this page rather than a comparison. A review of a card that no longer accepts customers is a review of a wind-down: what the card was, what happened to it, what you should do if you are one of the people left holding a balance, and what to look at instead.

Before anything else, the number that matters most: 4.4 out of 10. That is not a judgement on how well the card worked while it worked. It is a judgement on the card as an option available to you today, and today it is not one.

The conditions described here are current as of October 28, 2026.

Verdict: 4.4 out of 10, and the reason is not the fees

The score is low, but almost none of it comes from the things people usually argue about. It comes from one fact: the programme is closing. Everything else — the cost, the top-up options, whether the card worked in a shop — is secondary to the fact that no new card is being issued.

Let me show you how the marks break down, because the distribution tells you something a single number cannot.

Look at that Everyday use row: 9 out of 10. On the things a card actually does day to day — tap in a shop, add it to a phone wallet, pull cash out — this was a good card. The problem is not that it was bad. The problem is that it no longer exists as something you can get.

Now, who does this suit? Honestly, nobody, as a card to open. Who does it still concern? Existing cardholders who have a balance sitting in it and need to know how to get that money out before the date the notice names. If you came here reading “1inch card review” expecting a recommendation, the recommendation is: do not plan around this card, and if you have one, treat the balance as something to move, not something to spend.

One more thing worth saying plainly, because it is the kind of detail people misread. 1inch is not a bank, and this card was never a bank account. What you held was a balance in an e-wallet issued by Monavate, with the card sitting on top of it. Understanding that shape explains almost everything else in this page, including what happens now.

What happened to the programme

The card launched on 8 April 2024 with Mastercard and Crypto Life, according to a launch blog post that was later updated on 8 May 2026. Physical and virtual cards were issued by Crypto Life and ran “powered exclusively by the Mastercard network”.

Then a discontinuation notice went up. The programme is being discontinued. New sign-ups are closed. The notice gives a recommended date to move out: 18 December 2026. The date the notice itself was published is not stated on the page.

Behind the card there were several named companies, and it helps to know who did what when you are trying to get money back:

• The issuer of the balance is Monavate Ltd in the UK, or UAB Monavate in the EU — an authorised e-money institution.
• The card provider is Crypto Life, legally Frozen Time UNIPESSOAL LDA in the EU or Baanx Group Ltd in the UK.
• The brand you recognise, 1inch, is the programme manager and front end.

Identity checks were handled by the card provider, Crypto Life, and the requirements are not stated. Beyond that, most of the details people search for simply are not on the card’s public pages: the countries it was offered in are not stated on the notice, the card input details are not stated there, the fees are not stated, the fees, the supported wallets, the rewards, the tiers, the currency, the delivery arrangements — none of it is stated. Where third-party sites have published figures, I have marked them below as unofficial, because the card’s own pages do not confirm them.

Unofficial, from a third-party review site as of August 2026: the card was aimed at the EEA and the UK and was not offered in the US; identity verification was required, with a basic tier carrying lower limits; the annual fee was $0; the FX fee was 0% and the crypto conversion fee 1.75% on every transaction, with another aggregator reporting a 2% card spend fee alongside the 1.75% conversion fee; Apple Pay and Google Pay were supported; and cashback was 2% in BXX or 1% in BTC/USDT, chosen at purchase — on a page that is internally inconsistent about whether that meant “1INCH tokens” or BXX.

I would not build any decision on those figures. They are not from the card, and the card is closed anyway. But they tell you what kind of card it was, and that is worth knowing if you are deciding how much effort to spend unwinding one.

If you already have the card

This is the section that matters most if you are reading this with money in the account.

Move your balance, and do it sooner rather than later. The advice on the notice is to withdraw or spend the balance as soon as reasonably possible by signing in to your card account. The furthest foreseeable date given is 18 December 2026, and the timelines are set by the issuer and provider. I would treat that date as a deadline, not a target, because the people who set it are not the people who would have to fix it if you missed it.

A few things you should know about where your money actually sits:

• The balance is in an e-wallet issued by Monavate, not by 1inch. This matters practically: your relationship for the purposes of getting the money back is with the issuer and the card provider, not with the brand whose name is on the front.
• Under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed up to six years after account closure. So this is not a situation where a missed date means the money vanishes on the spot. It does mean the process is slower and more administrative than simply spending it.
• Withdrawal fees are not stated.

What the card could be funded with was never stated in the notice either, since the programme is closed. The launch blog said the card needs only “crypto in your 1inch Wallet”, converted to fiat at payment. Unofficial, a third-party site lists the spendable assets as 1INCH, ETH, USDT, USDC, BTC, LTC, XRP and BXX, with networks not named. ATM fees, spending limits, and withdrawal charges are likewise not stated; unofficial figures for those were an ATM fee of 2% with a 500 USD daily ATM limit, and a daily spending limit of 8,000 USD, with a directory listing giving EUR 8K daily and EUR 5K monthly.

If something goes wrong, here is the route. Card balance, status, identity checks, closure and personal-data requests go to Crypto Life support, by email or through the chat in the card account. If Crypto Life does not respond, contact 1inch support with your request, the date and the channel you used — 1inch logs the case and escalates it, but cannot action account-level requests itself. Support languages and hours are not stated. That split matters: expect 1inch to be a routing layer for anything about your balance, not a place where your money is.

Two things the notice does not cover, and which you should not assume exist: a refund or dispute process, and any way to keep spending after the move-out. Neither is mentioned.

What can go wrong

Four risks, roughly in order of how likely they are to bite you.

The programme disappearing around your money. This is the main one, and it is not hypothetical. The closure notice itself says to move balances by 18 December 2026, with timelines set by the issuer and provider. Programme closures tend to follow a pattern — a notice period, then spending and loading stop, then users are asked to withdraw. One 2026 closure reported by a secondary source had new loads ending 8 July 2026 and spending stopping 8 August 2026; that is a single unconfirmed source, but the shape of it is worth recognising in advance.

Deposits that do not arrive. This is the complaint that shows up most often in user reports about the card, and it is the reason the Reliability mark is 2. A USDC deposit to the “1inch crypto card” was confirmed on-chain but not credited, dated 1 October 2026. A card transfer never arrived, 30 September 2026. A USDC deposit was uncredited for more than 20 hours with the answer “under review”, 1 September 2026. A withdrawal was pending for more than 30 days, February 2026, though that one concerns a wallet rather than the card. Support being slow and generic appears repeatedly, in June 2025, October 2025 and June 2026.

Why does this happen so often in this category? Because the deposit is a blockchain transaction and the crediting is a database entry, and the two can disagree. Transfers are irreversible: a deposit sent on a network the provider does not support, or to an address belonging to a different network, can be lost or need manual support recovery with no guarantee.

Company-level reputation. For 1inch overall on Trustpilot, read 20 October 2026: 3.6 out of 5 from 547 reviews, with only 6 of those in the last twelve months; 79% five-star and 5% one-star; the company replies to 16% of negative reviews. One aggregator citing Trustpilot showed 4.2 from 543 reviews, and Trustpilot itself shows 3.6 — I have given the direct figure. No card-specific official complaint record was found. None of these numbers are about the card; they are about the exchange business. Keep them separate in your head.

Custody. Your funds are held in an e-wallet at an authorised e-money institution, Monavate, not by 1inch. That is the safer arrangement of the two available, but it is still custody: the provider holds the credentials and you trust them completely. The launch blog’s wording on this was ambiguous — it says users keep control “while still retaining custody”, which does not quite parse and should not be leaned on. Two-factor authentication, card freeze and spending controls are not stated for this card. E-money institution funds must be safeguarded, segregated or insured, but that is not the same as a bank deposit and may not be covered by a deposit guarantee scheme.

There is one more risk with no date on it at all: the card can be declined for reasons that have nothing to do with you. A merchant can look up the issuer identification number at the front of the card number and see which institution and country issued it, and apply extra scrutiny if that differs from your billing address — which is why a card issued in one country can look foreign to a shop in another. Some merchants decline prepaid or foreign BINs for exactly that reason. Declined authorisations can also leave a hold on your funds for several days, typically up to seven.

What to take instead

None of these is a like-for-like replacement, and I am not going to pretend otherwise. But if the reason you wanted a crypto card was ordinary everyday spending from crypto without fussing with exchanges, here is what is still open, with their own scores so you can see how I rate them against the same yardstick.

MetaMask (7.1). The strongest of the three on the same criteria. Sign-up is open in 45 listed countries and territories — Andorra, Argentina, Brazil, Canada, Mexico, Germany, France, Spain, Uruguay among them — with other regions on a waitlist; US and UK sign-ups were temporarily closed per the FAQ. Proof of residency is required, and ineligible regions limit sign-ups rather than spending. A virtual Mastercard is issued instantly and free, with no annual or maintenance fee; the metal card is $199/year, one card per user. Issuer Monavate, card provider Crypto Life — the same names that appear in the 1inch story. Fees are described as a “minimal fee for each transaction” with the amount not stated on the pages I read, no additional MetaMask fees, and no foreign transaction fee since the Mastercard rate applies. It spends directly from the connected wallet on Linea, Base, Monad and Solana, with mUSD, wETH, EURe, GBPe, USDC and USDT named; Solana-only wallets cannot withdraw credit. Cashback in mUSD is 1% on Virtual, and on Metal the headline is 3% with a footnote limiting 3% to the first $10,000 spent and 1% after, plus a $FLY bonus of 5X or 7X via the Blackbird dining app.

KAST (6.1). The most complicated, and the most flexible on paper. Availability is residence-based, shown at identity check, with the country list not published — if your country is not shown it is not available. Citizenship matters separately: living in a supported country while holding an ID from a restricted region may still make you ineligible, dual citizens with an ID from a supported country may pass, only your own ID is accepted, and a VPN does not bypass this. You can create an account in an unsupported country but identity check stays locked. Virtual and physical, up to 10 cards: Visa Platinum Standard, Visa Infinite metal for Premium, Visa Infinite gold plated for Private, plus Pengu, Solana and Bitcoin designs. Membership is 0 USD for Standard, 1,000 USD/year for Premium and 10,000 USD/year for Private, billed annually upfront with no monthly option; an extra virtual card is 2 USD, a Standard physical card is 0 USD plus 40 USD delivery, and there is a 1 USD/month inactivity fee after 12 months. Fees are unusually clear: stablecoin top-up 0%, USD card spend 0%, transaction fee 0%, Apple and Google Pay 0%, non-USD FX 0.5%–1.75% depending on your country and card programme, non-USD transactions under 25 USD at 0.10 USD, declined transaction for insufficient balance 0.50 USD. Funding is USDT, USDC, PYUSD and RLUSD across Ethereum, Solana, Polygon, Arbitrum and TRON, though the terms say acceptable tokens are “currently USDT and USDC”, which conflicts. Cashback is 1.5% / 2% / 3% on the first 2,000 / 10,000 / 40,000 USD a month by tier.

TokenPocket (5.8). The thinnest of the three. Visa debit for a list of European countries and territories such as Germany, France, Spain and Switzerland; Mastercard debit for Australia, Canada, Hong Kong, Japan, Taiwan, New Zealand, Singapore, South Korea and the UK; the Americas were planned for Q2 2025. Cards run on Arbitrum and balances sit in EUR24 and USD24. Fiat24 cards are virtual, with no physical card mentioned. The NFT creation fee is partly covered by TokenPocket and you pay “a small portion” of an amount not stated; beyond that it charges no additional fees. A 1% fee applies when depositing cryptocurrency, to be refunded later through rewards or reduced transaction fees. No cashback is stated, and specific coins and networks are not listed in the FAQ.

What none of them removes: the pattern of a crypto card depending on two licences at once, a payment licence for the card and a crypto licence for the crypto side. MiCA, the EU’s markets-in-crypto-assets regulation, took legal effect in June 2023; its token rules applied from 30 June 2024 and the rest, including crypto-asset service provider rules, from 30 December 2024. Under it, e-money tokens may be issued only by a credit institution or an electronic money institution. Providers operating under national law had a transitional period running only until 1 July 2026 or until a MiCA authorisation came or was refused. You can check providers against ESMA’s interim register of authorised entities. And the networks themselves can license and then unlicense: Visa terminated its global agreements with FTX on 13 November 2022 and the FTX US debit card was wound down by its issuer; WaveCrest, a card issuer that supplied crypto brands, was suspended by Visa in Europe in 2018, closing all its Visa programmes.

Who I would recommend it to

Honestly? To nobody, as something to open. If you have never held this card, there is no decision to make — sign-ups are closed, and every alternative above is a live option that did not exist for the 1inch Card’s users a year ago.

If you do hold one, my advice is narrow and practical. Move the balance out now rather than in December. Do it through the card account, the same place the notice tells you to. If Crypto Life does not answer, escalate to 1inch support with the request, the date and the channel, and keep a record of that — 1inch can log and escalate but cannot act on account-level requests itself. If you are depositing crypto into the card before you withdraw it, check the network twice: an irreversible transfer to the wrong network is the kind of mistake that turns into weeks of support correspondence. And note the six-year redemption window in the issuer’s terms as your floor, not something to plan around.

The single thing I would take from the 1inch Card’s story, if you are choosing a replacement: look at who actually holds your money and who actually runs the card account, because those are often two different companies, and only one of them will be there when you need your balance back. On that measure MetaMask is the least confusing of the three alternatives — same issuer and card provider as the 1inch Card, but the programme is live.

Frequently asked questions

What was the 1inch Card?

It was a crypto payment card launched on 8 April 2024 by 1inch with Mastercard and Crypto Life, offering physical and virtual cards that ran on the Mastercard network. It drew on crypto converted to fiat at payment, rather than on a bank account. It is now being discontinued, and new sign-ups are closed. Balances sat in an e-wallet issued by Monavate rather than with 1inch itself.

Does the 1inch Card still accept new customers?

No. The discontinuation notice states that new sign-ups are closed and recommends moving out by 18 December 2026. No country list appears on the notice, and the card’s public pages do not state who was eligible. Unofficial reporting from a third-party site in August 2026 put availability in the EEA and UK, not the US. If you were hoping to apply, that option no longer exists.

Do I need to withdraw my money, and by when?

Yes, if you still hold a balance. The advice is to withdraw or spend it as soon as reasonably possible by signing in to your card account, with 18 December 2026 given as the furthest foreseeable date — a date set by the issuer and provider. Under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed up to six years after account closure, so this is a process rather than a cliff edge. Withdrawal fees are not stated.

Who do I contact — 1inch or Crypto Life?

Card balance, status, identity checks, closure and personal-data requests go to Crypto Life support, by email or the chat in your card account. If Crypto Life does not respond, contact 1inch support with your request, the date and the channel you used; 1inch logs the case and escalates, but cannot action account-level requests itself. Support languages and hours are not stated, so keep your own copies of everything you send.

Was the 1inch Card cheap to hold?

Unofficial figures say the annual fee was $0 with a 0% FX fee, but also a 1.75% crypto conversion fee on every transaction and a 2% ATM fee with a 500 USD daily ATM limit; another aggregator reported a 2% card spend fee alongside the conversion fee. None of this is disclosed on the card’s own pages, and it is third-party reporting rather than something the card confirmed. On-chain network fees for a deposit are charged by the blockchain, not the card provider.

Is 1inch a bank, and is my money safe with it?

1inch is not a bank and never held your balance. The money sat in an e-wallet issued by Monavate Ltd in the UK or UAB Monavate in the EU, an authorised e-money institution; 1inch was the programme manager and front end, and Crypto Life the card provider. E-money funds must be safeguarded by segregation or insurance, but that is not the same as a bank deposit and may not be covered by a deposit guarantee scheme.

What did cardholders complain about?

The most common card-specific reports were deposits that did not credit: a USDC deposit confirmed on-chain but not credited, dated 1 October 2026; a card transfer that never arrived, 30 September 2026; and a USDC deposit uncredited for more than 20 hours, 1 September 2026. A withdrawal pending for more than 30 days appears from February 2026 but concerns a wallet. Slow, generic support recurs across mid-2025 to mid-2026. For 1inch overall, Trustpilot showed 3.6/5 from 547 reviews on 20 October 2026.

What can I use instead of the 1inch Card?

MetaMask scores 7.1 out of 10: a virtual Mastercard issued free and instantly, a $199/year metal option, spending straight from your own connected wallet, no foreign transaction fee. KAST scores 6.1: Visa virtual and physical cards across three tiers from $0 to $10,000 a year, with unusually clear fees and a 0.5%–1.75% FX charge on non-USD spending. TokenPocket scores 5.8: Visa or Mastercard debit by region, on Arbitrum, with a 1% crypto deposit fee.

Which countries could use the 1inch Card?

The notice itself does not state a country list. Unofficial reporting from August 2026 says the EEA and UK, and that the US was not offered. If you were outside those areas and still hold a balance, that is worth raising with Crypto Life support early, since eligibility rules that affect closure handling vary by issuer and provider and are not spelled out on the public pages.

Is the balance really redeemable for six years?

The issuer’s card terms, section 16, say remaining e-wallet funds can be redeemed up to six years after account closure. That is a term, not a tested outcome, and it is not a substitute for acting now. The 18 December 2026 date is the one the notice gives, and the timelines behind it belong to the issuer and provider.

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