Eversend Card

What the Eversend Card is

Eversend is a cross-border money account built for African markets, and the card is its spending layer: virtual USD Visa cards created inside the app, funded from your Eversend balance or directly from stablecoins, and usable on the international services that normally decline local cards.

The problem it solves

Eversend's own framing is that local cards get declined on Netflix, Meta Ads and AWS, and that when they do work, banks bury up to 13% in hidden FX costs on dollar bills. Holding dollars in Eversend and paying USD bills from that balance avoids the conversion entirely, and the card carries no FX fee on payments that settle in the United States.

Licensing and scale

This is the strongest part of the offer for a card in this market. Eversend holds Bank of Uganda licences, is registered as a FinCEN MSB in the United States, is registered with FINTRAC in Canada, and is remittance-authorised in Kenya with inbound remittance in Zambia. Customer funds are safeguarded and segregated, digital assets are secured by Fireblocks, and the company reports $1 billion-plus moved, 1.6 million registered users and operations since 2019.

The costs to understand

Cards cost $0.99 a month on the monthly plan — the first payment covers your first month — or $2.99 once on the one-time plan. Spending is cheap where it counts: no FX fee on USD payments to merchants that settle in the US. Everything else costs 3.5% + $0.50, and a declined payment caused by insufficient funds costs $0.40, with cards terminated after three consecutive failed attempts.

Eversend sits in the emerging-market corner of this directory, where cards are judged on monthly cost and FX rather than cashback. The MiniPay Card takes a self-custodial approach to the same problem across Africa, Asia and Latin America, and the Morse Card charges no foreign transaction fees at all. See how the three stack up in our Best Crypto Cards directory.

Virtual cards

• Multiple virtual USD Visa cards created inside the app, one per purpose.
• Freeze any card in one tap, and keep cards as disposable as you want.
• No physical card, so there is nothing to lose or wait for in the post.

Funding

• Fund from your Eversend balance.
• Hold USDT or USDC and spend it on a Visa card online without an off-ramp step.
• Hold dollars and euros in the same account and convert when the rate suits you.

Account and transfers

• Send to mobile money, bank accounts and Eversend across 18 countries.
• Receive USD, EUR and GBP where available via virtual accounts.
• Hold 16 currencies, with conversion costs of 0.9% to 1.5%.

Security and licensing

• Bank of Uganda licences, FinCEN MSB registration in the USA and FINTRAC registration in Canada.
• Remittance-authorised in Kenya and inbound remittance in Zambia.
• Customer funds safeguarded and segregated; digital assets secured by Fireblocks.
• 256-bit encryption and two-factor authentication.

Stablecoin funding

Eversend supports USDT and USDC funding paths for the card, with the explicit pitch that you can hold stablecoins and spend them on a Visa card online without an off-ramp step — no selling to a bank account first.

Multi-currency account alongside it

The same account holds dollars, euros and pounds, and Eversend supports 16 currencies for holding and conversion. That means you can choose between spending a stablecoin balance and spending fiat you have already converted, depending on which is cheaper or more convenient at the time.

What the card does not do

There is no cash withdrawal path because the card is virtual only. If you need ATM access, you will need a different provider or to withdraw through the account's transfer rails instead.

Card fees

• Card creation and first month on the monthly plan: $0.99
• One-time plan alternative: $2.99 once, with no monthly maintenance
• Monthly card maintenance on the monthly plan: $0.99
• No FX fee on USD payments to merchants that settle in the US: 0%
• Other card spend: 3.5% + $0.50
• Declined payment due to insufficient funds: $0.40 per failed attempt

The declined-payment rule to know

This catches people out. Every failed attempt caused by insufficient funds costs $0.40, and a virtual card is automatically terminated after three consecutive declines for insufficient funds. A successful payment in between resets the count. Eversend explains the charge as recovering the cost its card processors bill for failed authorisations.

Conversion and transfers

Currency conversion costs between 0.9% and 1.5%. Virtual account creation is listed at $2 and is currently waived, with a 0.7% transaction fee and minimums on virtual account transactions.

How to keep costs down

Keep the card topped up so payments do not fail, use it for merchants that settle in the US where the FX fee is zero, and cancel subscriptions you no longer use so renewals do not trigger insufficient-funds charges.