Original link: https://tumutanzi.com/archives/17091
I also recently tried out Poko’s virtual card, and its features are even more pronounced.
My Poko’s Virtual Card Experience
Like OneKey, it has a simple web-based management background—and only needs to register with an email address. There is no independent APP like Dupay.
You can open a card with a minimum recharge of 10 USDT, and there is no monthly fee, and no KYC verification is required within the lifetime limit of 1,000 USD.
The handling fee during use is only 1% of the recharge fee (minimum 0.5 USD), and 0.6% if it is a withdrawal, so the rate is currently the cheapest of all virtual cards.
| card balance | <$500 | >=$500 |
|---|---|---|
| recharge | 1% (Min $0.5) | 0% |
| Consumption | 0% | 0% |
| withdraw money | 0.6% | 0.6% |
Of course, I also found that the exchange rate between the US dollar and the RMB is average during the use (the screenshot below is a test of my recharged 10 RMB mobile phone bill), and when I bind it to WeChat Pay, it prompts that foreign cards are not supported, but when I bind Alipay, it is completely There is no problem.
Another exclusive feature is that the Poko Virtual Card can earn interest! For the first time ever, earn interest with MasterCard. The rules are simple, just keep your balance over $500 to earn 4% annualized interest on any balance over $500 (interest subject to change).
How did the interest come from? Interest on the card is generated through low-risk U.S. dollar assets, such as U.S. Treasury bills, held by custodian BNY Mellon (As of March 31, 2023, Mellon Investments Corporation has approximately $788 billion in assets under management). Today, when the U.S. dollar is raising interest rates so fiercely, ordinary people can also use U.S. dollars to obtain up to 4% interest—provided that the Poko card is reliable.
Brief official Poko introduction
Poko (offramp.pokoapp.xyz) is a company backed by Y Combinator, the leading startup incubator from which well-known startups such as AirBnB, Coinbase and OpenSea have emerged.
We provide an offramp card, users can convert their stablecoins through a virtual Mastercard. The card can be used for travel expenses, online purchases such as ChatGPT, Midjourney, e-commerce, and other physical store payments. Users can set up a Poko card in less than 1 minute and enjoy a discounted withdrawal fee of 0% to 1% based on the balance they hold in the Poko card (see image below).
Users will earn 4% interest when their card balance exceeds $500. We deposit users’ funds in 1-6 month U.S. government treasury bonds hosted by BNY Mellon, one of the largest custodian banks in the world. Our goal is to help our customers beat inflation and spend with peace of mind. Poko cards can be used online worldwide, or added to Apple Pay, Google Pay, WeChat, Alipay and other mobile wallets for in-store purchases!
The official has more information about the Poko card .
Key Benefits of Poko Cards (Key Points)
- 0% withdrawal fee from card balances of $500 and above
- Earn 4% interest annually on card balances over $500
- Easy setup: Create a Poko card and start spending in less than 1 minute
- Top up your Poko Card with Metamask, various other crypto wallets, and trading accounts (Binance, OKX, etc.)
scenes to be used:
- Travel spending (main focus): Mastercard is accepted worldwide and can be used to book flights, hotels, restaurant payments and more.
- Buy online services like ChatGPT, Midjourney, Youtube Premium, etc.
- In-store purchases with Apple Pay, Google Pay, WeChat, Alipay and other mobile wallets
My referral registration link benefits
Interested friends, if you need to withdraw cryptocurrency for domestic consumption, or pay specific foreign bills, you can use my registration and installation referral link (invitation code TRNEEZNKKN, use my link to register, you can enjoy 2 times the lifetime recharge limit, That is, $2,000): https://offramp.pokoapp.xyz/ , enabling the conversion of stablecoins into a virtual Mastercard for online and in-store spending worldwide.
Risk warning: It is recommended to control the amount of recharge funds during the use process.
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