Spritz Card

Spritz Visa Signature Credit Card: Non-Custodial Crypto Spending Solution

Basic Information

The Spritz Card operates as a fully-collateralized credit card that functions like a prepaid card from the user's perspective. It's designed to solve a fundamental problem for crypto holders: accessing and using on-chain funds for real-world purchases without the delays, high fees, or complexity of converting through exchanges and transferring to bank accounts.

Rewards and Benefits

Unlike many crypto cards that offer tiered rewards based on token staking, Spritz provides premium Visa Signature benefits to all cardholders without any staking requirements or membership fees.

Visa Signature Benefits

All Spritz cardholders receive the full suite of Visa Signature benefits:

• Travel Perks:

  • Airport lounge access (via Priority Pass or LoungeKey)
  • Travel insurance with trip delay coverage (up to $500 for baggage delay, $1,000 for baggage loss)
  • Emergency medical coverage while traveling (up to $170,000)
  • Auto rental collision damage waiver (global, 31-day trips)
  • Hotel upgrades through Visa Luxury Hotel Collection

• Purchase Protections:

  • Purchase protection (theft/damage for 180 days, $5,000 per incident, $10,000/yr cap)
  • Price protection (up to $500 per item, $2,000/yr)
  • Extended warranty (adds 1 year, up to $5,000/claim, $10,000/yr)
  • Zero liability fraud protection

• Additional Services:

  • 24/7 concierge service (Visa Digital Concierge)

Referral Program

While the card doesn't offer direct cashback on spending, Spritz does provide a referral program:

• "Spritz Rewards" offers $25 cashback to both referrer and referee when a new user spends $100+ in first 30 days
• Higher tier rewards available for larger referral volumes

Fees and Limits

Conversion Fee Structure

Spending and Loading Limits

• Top-Up Limits: $5,000 per individual load transaction, unlimited loads per day
• Conversion Method: Real-time conversion from crypto to fiat when funding the card

Card Tiers and Options

Spritz offers a single premium tier for all users, with no differentiated levels based on staking or spending.

Top-Up Methods

Users top up the Spritz Card by transferring any of over 50,000 supported cryptocurrencies from their own wallet to the Spritz platform via the mobile or web app, where the crypto is converted to USD for card spending. The process requires moving funds from self-custody to a smart contract escrow controlled by Spritz, effectively transferring custody until the funds are spent. Crypto is converted in real-time at market rates with a base 1% conversion fee (minimum $2 per load), plus additional surcharges depending on the token and blockchain network used (e.g., +0.5% for non-USDC on Polygon/Arbitrum/Base, up to +2% for SUI). Top-up limits are $5,000 per transaction with no daily cap, but maximum card balances apply ($10,000–$150,000 depending on region). Loaded funds become available within minutes, but cannot be withdrawn back to crypto or bank accounts, and must be spent via the card.

Self-Custody Hybrid Custody

Spritz Card uses a hybrid custody model where users retain full control of their crypto assets in their own wallets until they choose to load funds onto the card. At that point, the selected cryptocurrency is converted to fiat and held in a smart contract escrow as collateral, making those funds accessible for spending through the Visa network. This means users have self-custody up until the moment of card funding, after which the loaded balance is no longer under their direct control and cannot be withdrawn back to crypto or a bank account. If Spritz or its issuing partners ceased operations, any unspent funds already loaded to the card would be at risk, as users could not independently reclaim them. The model offers strong flexibility and broad token support, but users should be aware of the irreversible transfer of control once funds are loaded, and the taxable event that occurs at conversion. Overall, it balances user autonomy with practical spending convenience, though it does not provide the full independence of true self-custody.

Supported Currencies and Conversion

Spritz Card supports over 50,000 cryptocurrencies across 14+ blockchain networks, making it one of the most versatile crypto cards available. Major supported networks include:

• Bitcoin (BTC)
• Ethereum (and ERC-20 tokens)
• Binance Smart Chain (BSC)
• Polygon
• Arbitrum
• Optimism
• Avalanche
• Base
• Solana
• Tron
• Dash
• Sui
• Ripple (XRP)
• Many others with sufficient market cap and liquidity

The card is denominated in U.S. Dollars but can be used globally with automatic conversion to local currency at point of sale with no foreign exchange fees.

Geographic Availability

The Spritz Card is available in 140+ countries worldwide, including:

• North America: United States (31 states), Canada
• Europe: Most European countries
• Asia-Pacific: Various countries
• Latin America: Multiple countries

United States Coverage

Currently available in 31 jurisdictions: AL, AK, AR, CA, CO, CT, DC, FL, HI, IL, IN, IA, KS, KY, ME, MA, MI, MN, MS, NE, NH, NJ, NY, NC, OK, PA, SC, TN, TX, UT, VA, WV.

Full 50-state coverage is targeted by the end of Q3 2025.

Restricted Regions

Not available in sanctioned or high-risk jurisdictions including Cuba, Iran, North Korea, Syria, Venezuela, and regions under US, UK, or EU embargoes.

Compliance and Security

• Identity Verification: Full KYC required, including government ID and personal information
• Regulatory Framework: Registered with FinCEN as a Money Services Business with Money Transmitter Licenses in required states
• Custody Model: Non-custodial or semi-custodial - crypto is held in smart contract escrow as collateral when loaded to the card
• Security Features:
  • Encryption for data in transit and storage
  • Two-factor authentication (2FA)
  • 3D Secure (3DS) for online transactions
  • Real-time fraud monitoring
  • Standard Visa Zero Liability protection for fraudulent charges

Technical Details

• Conversion Process: Crypto is converted to fiat when loading the card; user's crypto is held in a smart contract escrow as collateral
• Settlement Timing: Card loads typically process within minutes (often seconds on fast chains)
• Exchange Partners: Partners with liquidity providers like 1inch for token swaps
• Merchant Category Restrictions: Cannot be used at casinos/gambling services, money transfer services (Western Union, etc.), or certain adult/escort services

User Experience

• Mobile App: Available for iOS and Android with full card management capabilities
• Web App: Browser-based dashboard available
• Support Channels: In-app chat, Discord community, Reddit, Twitter/X
• User Feedback: Generally positive regarding ease of use and customer service
• Common Complaints: Lack of cashback rewards, occasional KYC delays, some reports of account freezes for compliance reasons

Best Suited For

• Crypto-Native Users who maintain significant wealth on-chain and want direct spending access
• Multi-Chain Investors who hold assets across numerous blockchain networks
• International Travelers who benefit from zero FX fees and premium travel benefits
• High-Net-Worth Crypto Holders who need substantial spending limits ($150,000 in US/Canada)
• Users Seeking Premium Benefits without token staking requirements

Pros and Cons

Pros

• No token staking required for premium Visa Signature benefits
• Exceptionally broad cryptocurrency support (50,000+ tokens)
• Zero foreign exchange fees for international transactions
• Competitive base conversion fee (1%)
• High spending limits in US/Canada ($150,000)

Cons

• No cashback or direct spending rewards program
• Funds cannot be withdrawn once loaded to the card (must be spent)
• Limited US state availability (31 states currently)
• Creates taxable events when converting crypto to fiat
• Additional surcharges for certain tokens/networks

Conclusion

The Spritz Card represents a significant advancement in bridging the crypto and traditional payment worlds, offering users the ability to spend their on-chain assets without the typical hurdles of exchanges and bank transfers. Its standout features include premium Visa Signature benefits available without staking requirements, support for an extensive range of cryptocurrencies, and global availability.

The card's fee structure is relatively transparent and competitive, with a base 1% conversion fee when loading the card and no additional fees for spending or foreign transactions. This compares favorably to many competitors that charge 2-3% for crypto-to-fiat conversion. However, the lack of a cashback or rewards program may be a significant limitation for users accustomed to earning points or rebates on their spending.

For those who prioritize seamless crypto-to-fiat spending with minimal friction and maximum flexibility in token support, the Spritz Card offers a compelling solution that eliminates many of the traditional barriers between the crypto economy and real-world commerce.

Additional Information

Tax Implications

Using the Spritz Card triggers taxable events in many jurisdictions, including the United States. Each time crypto is converted to fiat to load the card, it constitutes a disposal of cryptocurrency assets, potentially creating capital gains or losses that must be reported. Spritz maintains on-chain records of transactions that can be exported for tax purposes, but users should consult with tax professionals regarding their specific reporting obligations.

Ecosystem Integration

The Spritz Card is part of Spritz Finance's larger ecosystem, which includes bill payment services and direct off-ramping to bank accounts. This integration allows users to manage multiple aspects of their financial life from a single platform, potentially reducing the need for multiple crypto-to-fiat conversion services.

Unlike competitors such as Crypto.com (which requires token staking for higher tiers and rewards) or Coinbase Card (which supports only a limited selection of cryptocurrencies), Spritz offers a single premium tier with no staking requirements and vastly broader token support. However, it lacks the direct cashback rewards that some competitors offer, focusing instead on travel benefits and low fees.