Jeton Card

What the Jeton Card is

Jeton is a UK-based multi-currency e-wallet regulated as an electronic money institution, with FCA registration number 902088 and more than a million users across Europe. It is best known for online payments - 70-plus deposit methods across 25-plus countries - and the Jeton Card extends that wallet to a contactless card you can add to Apple Wallet or Google Pay.

The card is available in both forms: an instant virtual card for $0.99 and a physical card for $39.99, with up to 25 of each per account, $15 to replace a lost physical card and $1 for a virtual one. There is no monthly or annual maintenance fee.

The fee structure is genuinely unusual

Jeton does not charge a foreign exchange fee on card payments: the published schedule lists debit card payments in pounds and in foreign currency at zero per transaction. Where it does charge is at the ATM - 0.5% of the withdrawal value in the UK, and 0.5% plus 2% for foreign currency withdrawals outside the UK - and there is a $0.50 fee if a payment is allowed to go through without sufficient funds. Declined transactions cost nothing. Point-of-sale limits are generous: $100,000 per transaction and $1,000,000 monthly.

The crypto angle, honestly

Jeton is not a crypto-native card. It supports crypto deposits and withdrawals and in-wallet buying and selling - the help centre describes it as turning your crypto into cash - but the flow runs through e-money: Jeton receives your crypto, converts it, and your card spends the resulting balance. Jeton's terms state that it charges a transaction fee for facilitating the purchase and sale of crypto and also applies an exchange rate, and that crypto is held on your behalf as part of the crypto service rather than as protected e-money. Neither the crypto fee nor the exchange-rate spread is published, so crypto users are paying an unknown margin before the card fee even starts. Crypto is also framed as rights held by Jeton on your behalf, not a deposit.

What you get and what to watch

In exchange you get a properly regulated European e-wallet, high spending ceilings, no FX fee on card payments, card freezing and spending controls in the app, and up to 25 virtual plus 25 physical cards for managing subscriptions or team spend. The caveats are that e-money in an EMI is not bank-deposit protected, card issuance is limited to the UK, European and Japanese programmes, ATM costs are real, there is no cashback, and the crypto conversion margin is undisclosed. For European cardholders wanting an established EMI wallet with zero card FX fees, compare the Revuto Card and the wider crypto cards directory.

Card features

• Virtual and physical cards; up to 25 of each per account.
• Apple Pay and Google Pay support for contactless payment.
• Freeze and unfreeze the physical or virtual card at any time from the app.
• Spending limits you set and track yourself.
• Worldwide acceptance online and in store across Mastercard, Visa and UnionPay, depending on region.
• Low issuance cost: $0.99 for a virtual card, $39.99 for a physical one, no monthly or annual fee.

Wallet features

• Multi-currency account supporting EUR, GBP and USD alongside the card.
• More than 70 deposit and withdrawal methods across 25-plus European countries.
• Crypto deposit, withdrawal and in-wallet buy or sell, converted to e-money you can spend.
• Send, receive and exchange money in the same app.

How crypto works with Jeton

Crypto is funded into the wallet rather than spent directly by the card. You deposit crypto - or buy it in the app - and Jeton converts it to electronic money, which is what the card then spends. The help centre describes the process as turning your crypto into cash easily and securely.

Which assets are supported

Jeton supports cryptocurrency deposit, withdrawal and in-wallet exchange, but it does not publish one consolidated list of supported coins and networks. Check inside the app that your asset and network are supported before sending funds, because a deposit made on the wrong network is not recoverable.

Fees and how your crypto is held

Jeton's terms state that it will charge a transaction fee for facilitating the purchase and sale of cryptocurrencies, and will apply an exchange rate when you buy or sell crypto in the wallet. Neither the fee nor the spread is published, which means the true cost of crypto-funded spending here is unknown until you transact. The terms also describe the crypto service as Jeton holding certain rights in respect of cryptocurrencies on your behalf - so it is a custodial arrangement, and it is not covered by e-money protection in the way your card balance is.

Card fees

• Virtual card issuance: $0.99.
• Physical card issuance: $39.99.
• Additional virtual card: available, up to 25 cards.
• Additional physical card: available, up to 25 cards.
• Physical card replacement: $15. Virtual card replacement: $1.
• Card cancellation: free.
• Monthly maintenance: waived. Annual fee: none.
• Debit card payment in pounds: GBP 0. Debit card payment in foreign currency: EUR/GBP 0 - no FX fee on card spending.
• Declined transaction: $0. A payment refused for insufficient funds: $0.50.

ATM fees

• Cash withdrawal in the UK: 0.5% of the transaction value.
• Cash withdrawal in a foreign currency outside the UK: 0.5% plus 2%.
• ATM balance enquiry: free.

Other costs to know

• Jeton charges a transaction fee plus an exchange rate when you buy or sell crypto in the wallet, and neither figure is published.
• Deposit and withdrawal fees vary by the more than 70 supported payment methods.