Endl Card

What the Endl Card is

Endl is a stablecoin-first business account: companies collect in USD, EUR, GBP, MXN and BRL, hold balances as USDC or USDT, and pay out over 40+ local rails to 160+ countries. The Endl Card is the spending side of that account — virtual and physical Visa cards for team members, issued by Third National under licence from Visa, with Endl (legally Zayment Finance SP ZOO, a Polish company) supplying the platform. Endl states plainly that it is not a bank, credit union or money services business, and that it does not itself extend credit.

What makes it unusual is how the credit works. This is a secured charge account: the card's spending limit equals the market value of stablecoin collateral you hold in a linked wallet. Your relationship with the issuer covers the credit, and your relationship with Endl covers the platform — the issuer is explicitly not a party to Endl's user terms, a split-liability structure worth reading carefully before you sign up.

How limits and repayment work

Collateral stays in your wallet: the card terms state that neither Endl nor the issuer takes custody of it, and only the amount needed to settle your balance is liquidated if things go wrong. You repay what you spend on the account, and a Liquidation Event triggers if an outstanding amount is not repaid in full within one calendar day, or if the collateral's market value falls below your charges without a top-up. Collateral is valued by Endl and the issuer using the stablecoin issuer's redemption value, a reputable exchange price or a price oracle. This is a card for teams with treasury discipline rather than slow expense cycles.

Costs at a glance

Interest is currently 0% APR on purchases, with the issuer reserving the right to introduce interest later after notice. No issuance or annual card fee is published; card programmes arrive through Endl's plans — five free virtual cards for a team of three on the free Standard plan, or the Growth card plan (10 users, five cards each, Apple Pay and Google Pay) at $19/month, included in the $29/month Pro plan. Transaction pricing is disclosed in the card terms: foreign exchange of up to 1% on non-USD purchases under the international terms, up to 3% under the US terms, plus a cross-border fee of up to 3%, a late payment fee of up to $40 and a $29 returned payment fee.

What it does not do

No cashback and no rewards. No yield yet either — Endl advertises 3.5–4% on idle balances but both rates are marked "coming soon". Cash advances and balance transfers are excluded, so it cannot be your ATM card, and only USDC and USDT fund the account. The business card is explicitly not for personal, consumer or household use, and cardholder funds are not FDIC-insured.

Endl suits companies already running a stablecoin treasury more than individuals comparing consumer cards. For context on corporate structures, the Reah Card is issued by the same issuer, Third National, and the Mine Card takes the self-custodial spending route instead. Compare the full field in the crypto cards directory.

Team card controls

• Issue unlimited virtual cards, plus physical cards, from one pool of funds.
• Every employee, contractor or role gets a dedicated card — no shared card numbers or OTPs.
• Limits are attached per card as people join, visible in real time, with spend tracked against categories.
• Cardholder KYC runs once per person rather than once per card; Endl names Sumsub among its partners.

Funding the card

• Fund from the balance your clients already paid you, or top up with USDC or USDT — one pool behind every card.
• Money converts on arrival into your stablecoin balance at the quoted rate, and every payout, transfer and card charge is deducted from that single balance.
• USDC from Circle and USDT from Tether sit in a wallet you control and can be withdrawn to an external wallet at any time.

The platform alongside the card

• Virtual accounts that collect in USD, EUR, GBP, MXN and BRL without a local entity.
• Payouts to 160+ countries over 40+ local rails, settled 24/7, at a flat 0.5% on the free Standard plan.
• Apple Pay and Google Pay on the Growth card plan, plus expense categories and one ledger to reconcile at month end.

Structure and registration

• The card is issued by Third National under licence from Visa; Endl supplies access and technology.
• Zayment Finance SP. Z.O.O. is registered in Poland as an EU virtual asset service provider (KRS #RDWW-1633); Zayment Finance Ltd. is a FINTRAC-registered money services business in Canada (#C100000969).
• Separate card terms are published for US and international cardholders, in both business and consumer versions.

What funds and secures the card

USDC from Circle and USDT from Tether, each described by Endl as backed 1:1 by US dollar reserves and redeemable at par. Whatever arrives — fiat or stablecoin — converts into one of those two balances, and that same balance is what stands behind the card as collateral.

What it does not spend

There is no BTC, ETH or altcoin spending here. Endl is not a crypto brokerage card; it is a stablecoin treasury with a Visa card attached. The public pages say stablecoins arrive from "any supported chain" without listing which ones, so confirm chain coverage with Endl before you plan deposits.

The fiat side

Collections land in USD, EUR, GBP, MXN and BRL through local account details, and card charges settle against the stablecoin balance held behind them.

Card terms (effective 16 February 2026)

• Interest: 0% APR on purchases today, with the issuer reserving the right to introduce interest for new purchases after notice.
• Foreign exchange (non-USD): up to 1% under the international card terms, up to 3% under the US terms.
• Cross-border fee: up to 3%.
• Late payment: up to $40. Returned payment: $29.
• Cash advances and balance transfers: not available.
• Issuance and annual card fees: none published.

Endl plan pricing around the card

• Standard — $0/month: flat 0.5% on payouts and collections, conversions at 0.5% for USD and 0.5–1% for other currencies, five free virtual cards for a team of three.
• Pro — $29/month or $290/year: local payout fees drop to $0, discounted SWIFT and Fedwire, and the Growth card plan — 10 users, five cards each, Apple Pay and Google Pay — is included. That plan costs $19/month on its own.
• Custom — from $250,000 monthly volume: negotiated rates, a scale card program and custom limits.
• Balance yield: 3.5% (Standard) and 4% (Pro) are advertised as "coming soon" — not live today.

What to confirm before you commit

Ask Endl for the cross-border fee that applies to your specific corridors, check which plan covers the number of cards your team needs, and be comfortable with the collateral mechanics: a balance unpaid for more than one calendar day, or collateral value dropping below your charges, can trigger liquidation of the collateral securing the account.