Fasset Card

What the Fasset Card is

Fasset is a regulated digital asset platform operating in the UAE and Indonesia, and its card is a virtual Visa prepaid product funded with USDT. You top up from your Fasset wallet, add the card to Apple Pay or Google Pay, and spend wherever Visa is accepted. The card currency is USD, and no physical plastic card is available yet - Fasset's own page still describes a physical version as a tentative future launch.

The fee structure, in full

This is the clearest part of the product: a one-time 9.99 USDT card activation fee, then zero per-transaction fees during the promotional phase, zero top-up fees and zero fees to withdraw the card balance back to your Fasset wallet. Card cancellation is free, with Fasset reserving the right to introduce a cancellation fee in future. Compared with cards that charge a percentage on every load, that structure is simple to evaluate.

Limits and mechanics

The daily spending limit is $2,000, which Fasset says may increase over time. Top-ups and withdrawals run from a minimum of 1 USDT to a maximum of 5,000 USDT per transaction, and funds reflect in the card balance immediately. Card details are revealed behind a biometric or PIN check in the app, and the card can be frozen instantly if something looks wrong. Refunds return to the card balance in USD rather than to your wallet.

What to watch

The $2,000 daily limit makes this a supplementary spending card rather than a primary one, and the reward programme pays in OWN Points with no published cash value. Physical card availability, which Fasset listed for a tentative earlier launch, has not materialised - so if plastic matters to you, wait for confirmation rather than applying on the strength of the roadmap.

Fasset issues a one-off virtual card for a flat 9.99 USDT and then charges nothing on top-ups, transactions or withdrawals, which is unusual in the stablecoin segment. The RedotPay card works on the same premise of spending stablecoins at Visa merchants with no monthly fee, while PlasBit stays fully regulated and adds plastic and metal options. Our crypto cards listing covers all three.

Card basics

• Virtual Visa prepaid card with USD as the card currency.
• Available instantly after activation rather than waiting for delivery.
• Add to Apple Pay, Google Pay, Apple Watch or Samsung Pay for contactless payments.
• Real-time transaction notifications and instant freeze or unfreeze.

Funding

• Top up in USDT from your Fasset wallet through Pay, then Virtual Card, then Top up.
• Top-up and withdrawal amounts run from 1 to 5,000 USDT per transaction.
• Funds reflect in the card balance immediately.
• Withdraw the card balance back to your Fasset wallet free of charge.

Rewards

• OWN Points on every purchase, accruing towards future perks, boosters and rewards.
• Points programme rather than cashback.

Card management

• Reveal card details behind biometric or PIN verification.
• Cancel the card at any time from Card Settings, with the remaining balance returned to your Fasset wallet.

Funding asset

The card is funded exclusively with USDT from the Fasset wallet. There is no basket of supported crypto - USDT is the single asset, which keeps the card balance stable in dollar terms but also means you must hold or acquire USDT before you can spend.

Conversion points to understand

There are two conversions to be aware of: USDT into the USD card balance at top-up, and the merchant's currency into USD at purchase. Fasset publishes no fee for either, and states that transactions in currencies where conversion or FX is blocked, or in unsupported countries, may simply be declined. Testing with a modest top-up and a small purchase will tell you more about the real cost than the published schedule does.

Refunds and withdrawal

Merchant refunds return to the virtual card balance in USD rather than to your Fasset wallet, and withdrawing the card balance back to the wallet is free. That makes the flow reversible at no cost, which is a genuine advantage over cards that charge exit fees.

Published fee schedule

• One-time card activation or issuance fee: 9.99 USDT
• Per-transaction fee: free during the current promotional phase
• Card top-up fee: free
• Withdrawal back to the Fasset wallet: free
• Card cancellation fee: free, though Fasset may apply one in future
• Monthly and annual fees: none published

Limits

• Daily spending limit: $2,000, which Fasset says may be increased over time
• Top-up and withdrawal per transaction: minimum 1 USDT, maximum 5,000 USDT

Not published

Fasset does not publish FX conversion terms, the spread applied when USDT becomes a USD card balance, or ATM access for the virtual card. Because the card is USD-denominated and only USDT is supported for funding, the conversion between the two is where any hidden cost would sit, and it is worth checking the rate on a small top-up before loading larger amounts.