FG Card

FG Card Visa/Mastercard Debit Review: Fees, Rewards & Availability

Basic Information

FG Card is an upcoming crypto debit card integrated within the broader FG (FeelGrow) ecosystem - a platform that uniquely combines a learning community, digital wallet, and payment card in one mobile app. Developed by AEER Platform Inc., a Delaware-based company founded in 2021, FG aims to simplify the crypto experience by enabling users to learn about cryptocurrencies, manage their assets, and spend them in everyday life.

The card is designed to let users spend their cryptocurrencies for everyday purchases through major payment networks. While the specific card network hasn't been officially disclosed, the claim of acceptance at "millions of locations worldwide" suggests either Visa or Mastercard backing.

Rewards and Benefits

FG Card takes a different approach from many competing crypto cards by not offering traditional percentage-based crypto cashback. Instead, it rewards users through its FG Points loyalty system:

• 50 FG Points awarded upon new user registration
• 100 FG Points awarded for opening your FG Card
• 100 FG Points awarded for each successful referral
• 0.001 FG Points earned per second spent in the app
• Daily bonuses available through regular app engagement
• Additional points earned for community engagement (polls, interacting with content, feedback)
• Points can be redeemed for discounts, coupons, vouchers, and other rewards within the FG ecosystem

A key differentiator is that FG doesn't require users to stake tokens or pay subscription fees to access premium features. All users receive the same benefits regardless of portfolio size or platform engagement.

FG Points System

The FG Points loyalty program serves as the platform's primary reward mechanism with clearly defined earning opportunities:

Earning FG Points:

• 50 points for new user registration
• 100 points for opening your FG Card
• 100 points per successful referral
• 0.001 points per second spent in the app (approximately 3.6 points per hour)
• Daily bonuses for consistent app usage
• Community engagement rewards for participating in polls, interacting with content, and providing feedback

Future Token Potential:
FG describes the points program as "the first step towards including our community in the future success of FG." Importantly, while FG does not currently have a native token, the company has indicated they may launch one in the future. FG Points are likely to matter for eligibility for a potential airdrop, making early accumulation potentially valuable beyond immediate rewards. However, this remains speculative until officially announced.

Fees and Limits

FG Card advertises "high payment and cash withdrawal limits" as a key feature, though specific numbers have not been published. Similarly, the fee structure has not been publicly disclosed yet.

Card Tiers and Options

FG Card offers a single card tier with the same benefits for all users, which is unusual in the crypto card market where tiered structures based on token staking are common.

Top-Up Methods

FG Card enables users to spend supported cryptocurrencies (Bitcoin, Ethereum, ERC-20 tokens, Ripple, Cardano, and others) directly from the FG non-custodial wallet via the FG mobile app, with crypto converted to local fiat currency in real time at the point of sale. There is no requirement to pre-load or transfer funds to a custodial account before spending, as the card uses on-demand conversion when a transaction occurs. The process does not require moving assets from self-custody to the card provider until the moment of purchase, maintaining user control over private keys up to that point. Details regarding conversion fees, time delays, minimum or maximum transaction amounts, and specific fiat currencies supported are not publicly disclosed. All top-up and spending functions are managed through the FG app, with no support for traditional bank transfers or fiat deposits.

Self-Custody Hybrid Custody

FG Card uses a hybrid custody model: users manage and store their crypto securely in a non-custodial wallet where they control their private keys, but to make purchases, crypto is converted to fiat at the point of sale and held by the card issuer for transaction settlement. This means users maintain full control of their assets up until the moment they spend, after which the converted funds are managed by the card provider. If the provider were to cease operations, users would still retain access to their crypto in the FG Wallet, but any fiat balance created for pending or completed card transactions could become inaccessible. This model offers strong self-custody for storage and management, while enabling seamless real-world spending, but it does introduce reliance on the card issuer for the fiat leg of each transaction. Users should be mindful of crypto market volatility before converting and the lack of insurance or traditional bank protections on fiat balances. Overall, it balances user control and convenience, though it is not fully non-custodial for the entire payment process.

Supported Currencies and Conversion

Supported Cryptocurrencies

The FG Wallet is described as supporting multiple cryptocurrencies across various networks, though the specific list has not been officially published in FG's web materials or app store listings. The platform advertises the ability to "store multiple cryptocurrencies" but does not provide a comprehensive list of supported assets.

Supported Fiat Currencies

Specific fiat currencies are not explicitly listed, but the card likely supports major currencies where the card network operates.

Conversion Process

FG Card converts crypto to local fiat currency at point of sale, enabling real-time spending. The exact conversion mechanism, including spread or markup details, has not been published.

Geographic Availability

FG Card's specific geographic availability has not been officially disclosed. While the FG app and wallet are available globally, detailed information about regional variations, specific country eligibility, or restrictions for the card product has not been published. Standard restrictions for sanctioned countries likely apply.

Compliance and Security

Security Features

FG implements several security measures:

• Bank-level encryption
• Biometric access controls
• Two-factor authentication (2FA)
• Secure wallet architecture (specific custody model not explicitly confirmed on public website/app store descriptions)
• Ability to lock/unlock card via app (presumed)

Custody Model

While FG describes its wallet as "secure," the specific custody model is not clearly stated in official FG web materials or app store descriptions. The platform advertises security features but does not explicitly confirm whether the wallet is self-custodial or custodial on these public surfaces. The card likely requires some form of custodial conversion for processing transactions, though the specific mechanism isn't detailed.

KYC Requirements

KYC will be required for card issuance, though specific requirements have not been published.

Regulatory Structure

• Corporate Entity: AEER Platform Inc., registered in Delaware, USA (headquarters at 8 The Green Ste A, Dover, DE 19901)
• License Types: Specific licenses not publicly disclosed; likely operates as a Money Service Business (MSB) in the US for crypto services
• Card-Issuing Bank: Not yet announced; FG will partner with a licensed financial institution to issue the card
• Jurisdiction-Specific Restrictions: Not publicly detailed; will likely vary based on the issuing partner's licenses

FG's regulatory approach appears to be partnership-based: AEER Platform provides the front-end and crypto services, while the card will be issued under a bank or Electronic Money Institution license in the appropriate jurisdiction.

Technical Details

Wallet Integration

FG Card integrates with the platform's secure crypto wallet, allowing users to manage their assets and spending in one application. This integration enables seamless conversion from crypto to fiat at the point of sale.

Mobile Wallet Support

The card is compatible with both Apple Pay and Google Pay for contactless payments, enabling users to spend their crypto assets without needing the physical card.

Banking Features

FG does not function as a traditional bank and does not offer conventional banking services:

• No personal checking or savings accounts
• No IBAN or account/routing numbers for direct deposits or transfers
• No support for traditional payment rails like SEPA, SWIFT, or ACH
• No interest-bearing accounts or fiat balances
• No business banking features or multi-user controls

User Experience

Mobile App

• Available on iOS (4.8/5★ with over 900 ratings) and Android
• Integrated wallet, community, educational content, and card management
• Clean, intuitive interface praised by users

User Feedback

• Positive feedback on app design, security features, and educational content
• Users appreciate the all-in-one approach and community features
• No significant negative feedback reported for the wallet functionality
• Card-specific feedback unavailable as the card has not launched yet

Support Channels

• In-app chat support
• Email support

Best Suited For

• Crypto beginners who value educational content alongside practical spending tools
• Casual crypto users who prefer simplicity over complex tiered reward structures
• Mobile-first users who appreciate Apple Pay and Google Pay integration
• Community-oriented individuals who value the social and educational aspects of the platform
• Users resistant to staking requirements who want equal benefits without locking up assets
• Early adopters interested in accumulating FG Points for potential future token airdrop eligibility

Pros and Cons

Pros

• No staking requirements or tiered structure - equal benefits for all users
• Integration with secure wallet provides convenient asset management
• Apple Pay and Google Pay compatibility enhances convenience
• FG Points system rewards multiple forms of engagement, not just spending
• Clear earning structure with time-in-app accrual (0.001 points per second)
• Educational content and community features provide added value beyond payments
• Potential future token airdrop eligibility for FG Points holders

Cons

• Limited transparency on fees, limits, and supported regions
• No traditional crypto cashback rewards (points-based system instead)
• Still in "Coming Soon" phase with no confirmed launch date
• No traditional banking features or fiat on/off-ramps
• Unproven track record for card functionality (as it hasn't launched yet)
• Custody model not clearly stated in public materials
• Supported cryptocurrencies not officially listed

Conclusion

FG Card represents an innovative approach to crypto spending by integrating it within a broader educational and community-focused ecosystem. Unlike many competitors that offer tiered rewards based on token staking, FG provides a single card with the same benefits for all users, focusing on accessibility and ease of use rather than complex reward structures.

The card's standout features include its seamless integration with the FG app ecosystem, compatibility with Apple Pay and Google Pay for contactless payments, high spending and withdrawal limits, and the unique FG Points loyalty system that rewards users for engagement across the platform. The detailed earning structure - including 0.001 points per second spent in the app, daily bonuses, and community engagement rewards - provides clear incentives for active participation. The potential for FG Points to matter for a future token airdrop adds speculative value for early adopters.

However, significant limitations exist in the current information available. With the card still in "Coming Soon" status as of early 2025, crucial details about fees, exact limits, supported countries, supported cryptocurrencies, and the card-issuing partner remain undisclosed. The custody model is not clearly stated in public materials, and the card network has not been officially confirmed. This lack of transparency makes it difficult to fully evaluate the card's competitiveness against established options in the market.

For users who value an integrated approach to crypto – learning, community engagement, and spending in one application – FG Card offers a promising option, particularly for those who prefer not to stake assets for premium benefits. However, those seeking maximum cashback percentages, detailed transparency on fees, or confirmed technical specifications may want to wait for more information before committing.

Additional Information

Corporate Background

AEER Platform Inc., the company behind FG, was founded in 2021 with an initial focus on EdTech/fintech. The FG app has evolved to combine educational content with practical crypto tools, positioning itself as a gateway for mainstream users to enter the crypto space. The platform is copyrighted 2024–2025, reflecting its ongoing development.

Potential Future Developments

FG has indicated several potential future developments:

Native Token:
While FG does not currently have a native token, the company has stated they may launch one in the future. FG Points are likely to matter for eligibility for a potential airdrop, making early accumulation potentially valuable. This represents a possible evolution from the current points-based rewards to a token-based economy.

Enhanced Integration:
Possible developments include:

• Enhanced integration between the educational content and spending features
• Expanded community participation mechanisms
• Additional utility for FG Points beyond current rewards

These possibilities remain speculative until officially announced by FG.