Kemy Card

Kemy Card Visa/Mastercard Prepaid Card Review: Fees, Rewards & Availability

Basic Information

Kemy Card is a crypto-funded virtual prepaid card service that enables users to make online payments after completing identity verification. The card is issued with either Visa or Mastercard network (the platform determines which network you receive) and can be used for online purchases at virtually any merchant accepting these payment networks, including major platforms like Facebook Ads, Google Ads, Amazon, Netflix, and PayPal.

Rewards and Benefits

Kemy Card does not offer a cashback program or rewards on purchases. The primary benefits are centered around convenience and functionality rather than traditional rewards:

• High spending limits ($100,000/month) suitable for business use
• Unlimited virtual cards can be created under one account
• Card freezing/unfreezing capability for enhanced security
• Global acceptance for online purchases
• Instant issuance - cards are available immediately after KYC verification
• Multiple funding methods - crypto, bank card, and mobile money supported

Referral Program

While the card doesn't offer traditional rewards on spending, Kemy Card does provide a comprehensive referral program:

• $5 USD for every virtual card created through your referral link
• $25 USD for every physical card created through your referral link
• 1% commission on each recharge/top-up made by referred customers, for up to 3 years
• Referral cookies last 60 days
• Commissions paid in USDT (BEP20) once you accumulate $10+ or directly to your Kemy Card (minimum $5)
• Performance bonus ladder: Additional cash bonuses for affiliates who reach milestones:
  • $150 at 100 total cards created
  • $325 at 250 cards
  • Additional bonuses at 500, 1,000, 5,000 cards
  • Up to $15,000 at 10,000 cards created

Fees and Limits

Kemy Card has a structured fee schedule that varies between virtual and physical cards. Users should carefully review these fees as they can significantly impact the effective cost of using the service.

Card and Transaction Fees

Note on Crypto Deposit Fee: The official Kemy Card pricing page shows an inconsistency - the main pricing table displays a 5% fee for crypto and mobile money deposits, while the FAQ and summary sections state 8%. Users should verify the exact rate in their dashboard before making large deposits, as the actual fee applied may vary.

Spending Limits

Card Tiers and Options

Kemy Card offers both virtual and physical card options. The virtual card is designed for online-only transactions, while physical cards offer enhanced functionality including in-store payments, contactless NFC payments, mobile wallet support, and ATM access.

Physical Card Specifications

Feature	Kemy Card Physical Card
Card Type	Reloadable physical prepaid card
Order Fee	$250 USD (includes DHL Express shipping)
Monthly Fee	$10 USD
Validity Period	3 years from issuance
Maximum Balance	$400,000 USD
Daily Spending Limit	$50,000 USD
Transaction Limit	$25,000 USD per transaction
ATM Monthly Limit	$15,000 USD
ATM Daily Limit	$500 USD
Mobile Wallet Support	✅ Apple Pay, Google Pay, Samsung Pay
Contactless Payments	✅ NFC supported
In-Store Payments	✅ Supported
Card Limit per User	1 physical card maximum

The service does not require any staking or security deposit to access the card.

Top-Up Methods

Users top up KemyCard by transferring supported cryptocurrencies—including Bitcoin, Ethereum, stablecoins (USDT, USDC, DAI), and others—from an external wallet to their KemyCard account via a web-based dashboard. During top-up, crypto is immediately converted to USD at the current market rate after blockchain confirmations, and funds are credited to the card balance for spending. The process requires moving funds from self-custody to KemyCard's custodial wallet, meaning users relinquish control of assets upon deposit. Each top-up incurs a 5% fee (plus a $1 flat fee for amounts under $100 or 1.25% for $100+), with a minimum deposit of $5; there are no explicit time delays beyond blockchain confirmation, but funds are only available after conversion. All top-ups must be pre-loaded—on-demand spending from external wallets is not supported—and balances are held in USD, with additional Visa/Mastercard currency conversion fees for non-USD transactions.

Self-Custody Custodial

KemyCard uses a custodial model, meaning that once users deposit cryptocurrency to load their virtual card, the funds are converted to USD and held entirely under KemyCard's control. Users do not have access to private keys or a personal wallet for these assets, and all spending is managed through the platform's dashboard. If KemyCard were to cease operations, users would not be able to independently retrieve their funds, as access is limited to the platform interface. This arrangement offers convenience and privacy (with no KYC required) but comes with the trade-off of relinquishing direct control and bearing platform risk. There is also no insurance on balances, so users should avoid storing significant amounts long-term. The model is best suited for those prioritizing anonymity and high spending limits, but it limits self-sovereign control over crypto assets.

Supported Currencies and Conversion

Funding Methods

Kemy Card supports multiple funding methods for account deposits:

• Cryptocurrency (via Cryptomus payment gateway)
• Bank card payments
• Mobile money transfers

All deposits are converted to USD and credited to a main account balance, which is then used to create and top-up cards.

Supported Cryptocurrencies

Kemy Card supports a broad range of cryptocurrencies for loading funds, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Dogecoin (DOGE)
• Bitcoin Cash (BCH)
• Dash (DASH)
• Monero (XMR)
• Binance Coin (BNB)
• Solana (SOL)
• TRON (TRX)
• Avalanche (AVAX)
• Toncoin (TON)
• Shiba Inu (SHIB)
• Polygon (POL)
• Dai (DAI)
• USD Coin (USDC)
• Tether (USDT)

Fiat Currency and Conversion

• The card is USD-denominated by default
• All balances and fees are displayed in US Dollars
• Cryptocurrency is converted to USD at the time of deposit
• Conversion rate is determined at the moment of deposit after blockchain confirmations
• For non-USD purchases, standard Visa/Mastercard currency conversion fees apply (typically 1-3%)
• Funds are available for spending once loaded onto the card

Geographic Availability

Kemy Card is available globally to users worldwide with internet access and the ability to complete identity verification. The service is offered in 37 languages with localized home pages for many regions including Europe, Asia, Americas, and Africa.

While the service has global intent, practical availability is subject to compliance requirements and partner coverage. Kemy Card solutions may not be available to all customers, and availability and limits may vary based on KYC/KYB status, currency, banking partner capabilities, and local regulatory compliance.

As a U.S.-based service, Kemy Card must comply with U.S. sanctions. This means that sanctioned countries (such as North Korea, Iran, Syria, Cuba, and others subject to comprehensive U.S. sanctions) are prohibited from using the service.

The Terms of Service require users to only use Kemy Card for lawful activities in accordance with U.S. and applicable local laws.

Banking & Financial Services

Kemy Card operates as a fintech platform rather than a traditional bank. All services are provided as Software-as-a-Service (SaaS) by Kemygroup LLC, a U.S. legal entity registered in Delaware.

Account Structure

• Main USD Balance: Users deposit funds (via crypto, bank card, or mobile money) into a main USD-denominated account
• Card Funding: The main balance is used to create and top-up virtual and physical cards
• Non-Bank Status: Kemy Card explicitly states it is not a bank; banking services and card issuance are provided by licensed banking partners

Payment Processing

• Crypto Deposits: Handled via Cryptomus, a third-party crypto payment gateway
• AML Monitoring: Real-time blockchain transaction monitoring for anti-money laundering compliance
• Deposit Holds: Some deposits may be held under AML review by Cryptomus; users may be asked to contact the payment processor directly for flagged transactions

Custody

• Custodial service - users do not hold private keys or a personal wallet for card funds
• Funds are under Kemy Card's control (and its banking partners) until spent
• No insurance on crypto deposits or fiat balances - unlike a bank, money is not FDIC-insured

Regulatory Structure and Licensing

Corporate Structure

• Operating Entity: Kemygroup LLC (Delaware, USA)
• Business Model: Fintech platform providing SaaS for virtual and physical prepaid cards
• Banking Partners: Card issuance and banking services provided by licensed financial institutions (not publicly named)
• Card Networks: Visa and Mastercard licenses held by partner banks

Compliance Framework

Kemy Card positions itself as a compliant fintech platform working with licensed banks and financial institutions. The service implements:

• Full eKYC (electronic Know Your Customer) via Sumsub
• Real-time blockchain AML monitoring
• KYC/KYB gating for services (upcoming US accounts and Crypto→Fiat products require additional verification)
• Compliance with U.S. sanctions and export control regulations

Regulatory Considerations

While Kemy Card has implemented comprehensive KYC/AML procedures, users should be aware of regulatory and counterparty risks inherent in non-bank fintech services:

• Funds are held with banking partners, not directly insured
• Deposit processor (Cryptomus) may impose AML holds on transactions
• Service availability subject to ongoing regulatory compliance and partner relationships
• No traditional banking regulatory protections (FDIC insurance, etc.)

Compliance and Security

Identity Verification

Kemy Card requires full eKYC (electronic Know Your Customer) verification for all users:

• Verification Provider: Sumsub
• Required Documents: Government-issued ID
• Biometric Verification: Facial recognition and liveness checks
• Processing Time: Automated verification typically completed within minutes
• Account Activation: Cards cannot be created or used until KYC verification is complete

Anti-Money Laundering (AML)

• Real-time blockchain monitoring of all cryptocurrency transactions
• Transaction screening via Cryptomus payment gateway
• Deposit holds may occur if transactions are flagged for AML review
• Users may be required to provide additional documentation for flagged deposits

Security Features

• Card freezing/unfreezing capability for enhanced security
• SSL-encrypted connection to dashboard
• Password protection for account access
• No two-factor authentication (2FA) is currently advertised
• 5-decline block policy: Card automatically blocked after 5 consecutive declined transactions

Data Protection

• Privacy policy governs collection and use of personal data
• KYC data processed by Sumsub under their privacy framework
• Transaction data shared with banking partners and payment processors

Technical Details

Card Technology

• Virtual card details provided instantly in dashboard after KYC verification
• U.S. BIN (Bank Identification Number)
• Google Pay supported for online payments only (not for in-store contactless payments on virtual cards)
• Apple Pay, Google Pay, Samsung Pay supported on physical cards for contactless payments
• Apple Pay integration not available for virtual cards

Conversion Process

• Cryptocurrency is converted to USD at the time of deposit via Cryptomus
• Funds are typically available after receiving required blockchain confirmations
• All balances displayed in USD on the dashboard
• No priority options mentioned; standard processing applies

Payment Gateway

• Cryptomus handles all cryptocurrency deposit processing
• AML screening performed at the gateway level
• Expired deposit addresses require contacting Cryptomus support
• Some transactions may be held for additional verification

User Experience

Platform and Interface

• No official mobile apps advertised; service is used via web dashboard (mobile-responsive)
• Web-based dashboard accessible from any device with internet connection
• Language support includes 37 languages with localized regional pages
• Interface displays all balances, transactions, and card details

Support Channels

• Telegram (@KemycardSupport)
• Email ([email protected])
• No phone support or live webchat available

User Feedback and Reviews

Recent user feedback presents a mixed picture of the Kemy Card experience:

Trustpilot Rating: Approximately 2.7 out of 5 stars across 10 reviews (as of late 2025)

Positive Feedback:

• Quick setup process after KYC verification
• Cards work on major platforms when functioning properly
• High transaction limits beneficial for business use
• Some users report successful refunds and positive support experiences

Negative Feedback (recurring themes):

• Support responsiveness issues: Several reviews mention delayed or absent support responses, particularly during deposit or card issues
• AML-related deposit holds: Users report funds held by Cryptomus under AML review, sometimes with difficulty accessing support
• High fees: Transaction and deposit fees considered steep by many users
• Card decline concerns: Anxiety around the 5-decline automatic block policy
• Deposit processing issues: Some users report difficulties with expired addresses or missing deposits

Important Context: Kemy Card attributes some deposit-related issues to Cryptomus (the crypto payment gateway) and AML compliance requirements rather than the card service itself. However, from a user experience standpoint, the high reliance on third-party processor AML reviews can mean funds are temporarily inaccessible, and support responsiveness remains a genuine pain point for a subset of users.

Coming Soon Features

Kemy Card has announced two additional services in development:

• US Virtual Bank Accounts - providing US routing/ABA and account numbers for receiving ACH and Wire transfers, targeted at freelancers, e-commerce, and SaaS businesses (subject to additional KYC/KYB requirements)
• Crypto→Fiat Bank Transfers - direct cryptocurrency conversion to bank deposits supporting multiple countries including US (ACH/Wire 1-3 days), EU (SEPA 1-3 days/Instant), Brazil (Pix ~5 minutes), Mexico (SPEI ~5 minutes), Colombia (ACH 1 business day), and Argentina (~5 minutes)

Best Suited For

Kemy Card is best suited for:

• Digital marketers who need multiple cards for advertising accounts with high spending limits
• High-volume online spenders who need significant transaction limits and can absorb the fee structure
• Crypto holders who want to spend cryptocurrency at traditional merchants without converting to bank accounts
• International users who need USD-denominated cards with global online acceptance
• Freelancers and digital nomads who need flexible payment capabilities across borders
• Users comfortable with KYC who prioritize functionality and limits over anonymity

Not Ideal For:

• Users seeking anonymous or no-KYC payment solutions (full identity verification required)
• Cost-sensitive users making small, frequent purchases (fees can be prohibitive)
• Users requiring immediate customer support for time-sensitive issues
• Those uncomfortable with third-party AML holds on deposits

Pros and Cons

Pros

• High spending limits ($100,000/month virtual, $400,000 balance physical) suitable for business use
• Instant issuance of virtual cards after KYC verification
• Ability to create unlimited virtual cards under one account
• Global acceptance at online merchants accepting Visa/Mastercard
• Physical card option with in-store payments, mobile wallet support, and ATM access
• Multiple funding methods (crypto, bank card, mobile money)
• Available in 37 languages with global reach
• Comprehensive referral program with performance bonuses

Cons

• Full KYC required - not suitable for users seeking anonymity
• High fee structure (up to 8-13% of funds in combined fees depending on usage)
• Virtual cards limited to online purchases only
• No cashback or rewards program on spending
• Strict policy on declined transactions (blocked after 5 consecutive declines)
• No official mobile apps (web dashboard only)
• No two-factor authentication advertised
• Mixed user reviews citing support responsiveness issues
• AML deposit holds via Cryptomus can temporarily lock funds
• Inconsistent fee information on official website (5% vs 8% crypto deposit fee)

Conclusion

Kemy Card offers a specialized solution in the fintech space by providing a crypto-funded Visa/MasterCard with high spending limits and global online usability. The service has evolved from its initial positioning to now require full KYC/AML compliance, making it a regulated alternative for users who want to spend cryptocurrency at traditional merchants.

The card's strengths lie in its generous limits (up to $100,000/month for virtual cards, $400,000 balance for physical cards), instant availability after verification, and the flexibility to top-up with multiple methods including various cryptocurrencies, bank cards, and mobile money. The ability to create unlimited virtual cards under one account is particularly valuable for digital marketers and business users who need to segregate spending across different platforms or campaigns.

However, significant considerations temper these advantages. The fee structure is substantial - with crypto deposit fees of 5-8% (depending on which part of the website you reference), transaction fees of 3.5% + $1, and various other charges, the cumulative cost can reach 10-15% of funds for typical usage patterns. The service is no longer anonymous, requiring full ID and biometric verification through Sumsub, which eliminates the privacy advantage that earlier descriptions emphasized.

User experience feedback is mixed, with a Trustpilot rating of approximately 2.7/5 stars. While some users praise the service and report positive experiences, recurring complaints center on support responsiveness, AML-related deposit holds through the Cryptomus payment gateway, and the high fee burden. The reliance on third-party processors for crypto deposits means users may face temporary fund access issues during AML reviews.

Kemy Card is best suited for high-volume spenders who need substantial transaction limits, can absorb the fee structure as a cost of doing business, and are comfortable with full KYC verification. It serves a niche for crypto holders wanting to spend at traditional merchants and digital marketers requiring multiple segregated cards. However, for cost-sensitive users, those seeking anonymity, or individuals making small frequent purchases, the fees and requirements make traditional banking alternatives more economical.

Additional Information

Fee Impact Example

To illustrate the impact of fees, consider this scenario with current fee structures:

1. You deposit $100 worth of crypto
2. After 8% deposit fee (using FAQ rate), $92 goes to your account
3. You load $92 to the card (since it's <$100, a $1.50 reload fee applies), leaving $90.50 on the card
4. For a $90 purchase, the fee would be $1 + $3.15 = $4.15 (3.5% + $1), so the total deduction would be $94.15
5. Additionally, the month you spend, $2 maintenance will deduct

This means from your initial $100, you'd effectively have about $84-85 in actual purchasing power after all fees. The effective cost of using Kemy Card can be 10-15% in fees on moderate one-time usage.

Note: If the actual deposit fee is 5% (as shown in the pricing table), the effective cost would be slightly lower, but still substantial when combined with transaction and maintenance fees.

Security Considerations

While Kemy Card now implements full KYC/AML procedures, users should be aware of certain security and operational considerations:

• No 3D Secure Authentication: Kemy Card does not support 3D Secure (Verified by Visa/MasterCard SecureCode), which means less fraud protection. If someone obtains your card details, they could potentially use it without additional verification.

• Limited Dispute Resolution: As a prepaid card, Kemy Card likely has limited chargeback capabilities compared to credit cards. If fraudulent charges occur or a merchant dispute arises, recovering funds may be difficult.

• Account Security: With no advertised two-factor authentication, account security relies heavily on password strength and the user's vigilance in protecting login credentials.

• Third-Party Processor Risk: Deposits are processed through Cryptomus, which conducts its own AML screening. Funds may be held or frozen by the payment processor independently of Kemy Card, and users may need to contact Cryptomus directly to resolve issues.

• Counterparty Risk: As a non-bank fintech service, funds are not FDIC-insured or protected by traditional banking regulations. Users should be cautious about maintaining large balances in the system.

• Regulatory Evolution: The fintech regulatory landscape continues to evolve. While Kemy Card has implemented KYC/AML compliance, changes in regulations or banking partner relationships could affect service availability or terms.

• Support Accessibility: Mixed user reviews regarding support responsiveness suggest that resolving issues may take longer than with traditional financial institutions, particularly during deposit holds or card malfunctions.