GEME Card

What the GEME Card is

GEME is a non-custodial multi-chain crypto wallet - 15 blockchains, available as a Telegram mini app and on the web, with a referral programme that pays 55% of the fees your referrals generate. The card is its spending arm, and GEME is explicit that it is a partner product: this is the GEME x KOLO Partner Card, built on KOLO's card programme.

That matters, because KOLO publishes its terms and its backing. The card is a Visa Platinum virtual debit card, USD-denominated, BIN 454905, issued by Banco Popular de Puerto Rico with payment infrastructure from Rain. The operators behind the product are BURVIX SP. Z O.O. in Poland for EU fiat operations and Hardline Holdings Limited, registered in the Kazakhstan AIFC, for crypto infrastructure. KOLO launched in December 2025.

What it costs

• Issuance and holding: free. No signup fee, no annual fee, no account maintenance fee.
• 1% conversion fee on every card transaction, plus 1% extra at non-US merchants on this dollar card - so 2% total outside the United States.
• Exchange rate: the Visa rate plus 1%, described as a pass-through with no KOLO profit.
• Crypto deposits: 0% from KOLO, with USDT, USDC and EURC converted at exchange-level rates and no markup.
• One-time activation deposit of $10 USD equivalent to open the card.

The cashback, and the catch

Bitcoin cashback is paid daily, not in points. GEME markets 5% for the first month; KOLO's help centre - the authoritative product terms - documents 2% for the first 30 days capped at $2 per transaction, falling to 1% after that capped at $1 per transaction, with a $100 monthly ceiling. Even at the lower figure the first month roughly wipes out the 1% US transaction fee. After day 30 you are break-even on US spending and down about 1% on non-US spending, so this is a card whose economics depend on how much of your spending is dollar-denominated.

Practical limits and conditions

The personal limit is $9,000 per day and per month. ATM access is deliberately restricted: $250 maximum per withdrawal and three withdrawals per 24 hours. Funding supports BTC, ETH, USDT, USDC and more across seven blockchains, and KYC runs at card issuance through a questionnaire plus document check (Sumsub in practice), available to users aged 18 or over. The card is virtual only for now, added to Apple Pay or Google Pay, with a physical card on the roadmap rather than in hand.

Who it suits

If you already hold stablecoins and want a free card with cashback that can actually exceed your fees in the first month, this is a sensible option, and the Puerto Rico bank issuer plus Rain infrastructure puts it well ahead of cards with unnamed issuers. If you spend mostly in non-USD currencies, the 2% cost plus a 1% ongoing reward is a net loss - compare Bleap or the wider crypto cards directory for cheaper conversion.

Card features

• Free virtual Visa Platinum card, USD-denominated, added to Apple Pay or Google Pay.
• Spend online and in store, including cross-border transactions.
• Bitcoin cashback paid daily, with promotional rates for the first month.
• Card details managed in the app with activation deposit and PIN controls.
• In-person and online acceptance wherever Visa is taken, marketed in 170+ countries.

KOLO wallet features

• Top up, swap and send from one wallet across seven blockchains.
• Wallet, Cashback and Earn tabs, with the Earn tab covering stablecoin yield options.
• Business accounts available, though KOLO notes business accounts are not eligible for the Bitcoin cashback programme.
• Withdrawal fees are shown in-app per network, asset and direction rather than published as a flat rate.

GEME wallet features

• Non-custodial multi-chain wallet supporting 15 blockchains.
• Telegram mini app plus web platform, and a cross-chain swap covering all 15 chains.
• Multi-factor protection and self-custody of keys.
• Referral programme paying 55% of referred fee revenue, plus social quests and drops.

What you can spend

KOLO accepts top-ups in BTC, ETH, USDT, USDC and more across seven blockchains, with USDT, USDC and EURC converted at exchange-level rates without an added spread. GEME's own wallet supports 15 blockchains including Bitcoin, Ethereum, BNB Chain, Solana, Tron, Polygon, Arbitrum, Optimism, Avalanche, Fantom, TON, Polkadot and Kusama, so funding the card from within GEME is straightforward.

How the conversion works

You load crypto into the card balance and the card converts at the point of sale, so there is no need to sell holdings to a bank account first. Because the card is USD-denominated, every transaction carries the 1% conversion fee, and non-US merchants add a further 1%.

Custody

The GEME wallet itself is non-custodial - you hold the keys. The card balance is a different arrangement: once funds are moved onto the card they sit in a custodial balance operated under KOLO's programme, issued through Banco Popular de Puerto Rico with Rain as the infrastructure partner. Keep reserves in the wallet and only what you plan to spend on the card.

Card fees

• Issuance: free. No signup or application fee.
• Monthly and annual maintenance: $0.
• Card transaction conversion: 1% on every payment.
• Non-US merchant surcharge: an additional 1%, making 2% in total on non-USD spending.
• Exchange rate: Visa rate plus 1%, described as a pass-through.
• Minimum activation deposit: $10 USD equivalent, one-time.

Crypto and ATM fees

• Crypto deposits: 0% from KOLO. Your sending wallet or network may charge gas.
• USDT, USDC and EURC conversion: 0% markup, at exchange-level rates.
• Withdrawals: fixed fee per network, asset and direction, shown in the app at the time of withdrawal.
• ATM: $250 maximum per single withdrawal, three withdrawals per 24 hours.

The break-even arithmetic

Spend $100 at a US merchant and you pay $1 in conversion. Spend $100 at a non-US merchant and you pay $2. In the first 30 days the cashback at 2% cancels both; from day 31 the ongoing 1% cashback exactly offsets a US transaction and leaves you 1% down on a non-US one. Anyone whose spending is mostly outside the United States should model that gap before committing to the card.