Volet Card

Volet Visa/Mastercard Prepaid Debit Review: Fees, Rewards & Availability

Basic Information

The Volet Card (formerly ADVCash) serves as a financial bridge between cryptocurrency holdings and everyday spending. After converting crypto to fiat within the Volet platform, users can load their cards for spending at merchants or ATM withdrawals wherever their respective card network is accepted. All cards require manual loading from the Volet wallet before use, with funds available instantly once loaded.

The platform operates through officially licensed financial institutions. Volet partners with licensed financial institutions for card issuance, though specific issuer details are not publicly disclosed and are considered internal partnerships. Physical cards are personalized with the cardholder's name and support contactless payments. All physical cards feature the standard Volet design (black with the "vo/et" logo).

Rewards and Benefits

Unlike many crypto cards, Volet does not offer a permanent cashback rewards program on any of its card tiers. The value proposition is focused on utility rather than rewards:

• No permanent cashback on card spending
• No staking requirements or proprietary token
• Occasional promotional cashback events (e.g., 0.5% limited-time offers)
• Free internal transfers between Volet users (P2P transfers)
• Multi-currency accounts with SEPA bank transfer capabilities for European users

Referral Program

Volet offers a generous referral system for users who bring new customers to the platform:

• Up to 20% of Volet's profit on fees paid by referred users
• Additional "up to $5" reward when a referral orders and activates a Volet card
• Referral rewards credited in real-time to Volet balance

Fees and Limits

Volet Card fees are structured around five distinct card programs, each with its own pricing model and transaction costs.

Card-Related Fees

Transaction Fees

Spending and Withdrawal Limits

All limits assume fully verified accounts. Unverified accounts are limited to €150 lifetime spending. Digital card limits were last updated November 18, 2025.

Card Tiers and Options

Volet offers five distinct card programs to serve different user needs and geographic regions:

All cards share these common features:

• Personalized with user's name (physical cards)
• Instant loading from Volet wallet with no waiting period (where applicable)
• No permanent cashback rewards
• Gambling/betting transactions blocked by issuer

Note: The Spend Virtual card represents a unique offering that can be "loaded with crypto transfers," potentially offering a more direct crypto-to-spending pathway than other Volet cards that require manual crypto-to-fiat conversion before loading.

Self-Custody Custodial

Volet operates a custodial wallet system where the company and its banking partners hold user fiat and cryptocurrency funds. Users do not control private keys at any point and must manually convert crypto to fiat within the Volet platform before loading the prepaid card. The platform requires full KYC verification and manages all funds through licensed financial institutions. This custody model limits user direct control over assets, as private keys are not accessible, and funds depend on Volet's operational status. Users can withdraw to external self-custody wallets if desired, but during use of Volet cards, custody remains with the platform.

Supported Currencies and Conversion

Volet offers a multi-currency platform with support for both cryptocurrencies and fiat currencies. Most cards require users to manually convert crypto to fiat within the Volet wallet before loading funds to their card. The conversion happens at the time of exchange, not automatically at purchase. However, the Spend Virtual card can be loaded with crypto transfers, offering a potentially more streamlined process.

Cryptocurrencies

Volet supports 14+ cryptocurrencies including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Ripple (XRP)
• Bitcoin Cash (BCH)
• Zcash (ZEC)
• Dash (DASH)
• Solana (SOL)
• Polygon (POL)
• Avalanche (AVAX)
• Tron (TRX)
• Toncoin (TON)
• Tether (USDT)
• USD Coin (USDC)

Fiat Currencies

Volet wallet supports six fiat currencies, though cards are only denominated in USD or EUR:

• US Dollar (USD)
• Euro (EUR)
• Brazilian Real (BRL)
• Kazakhstani Tenge (KZT)
• Russian Ruble (RUB)
• Ukrainian Hryvnia (UAH)

The platform allows internal exchange between supported fiat currencies and conversion from any supported crypto to any supported fiat. Foreign currency transactions are subject to conversion fees ranging from 2-2.95% depending on card tier.

Geographic Availability

Volet Card is available in approximately 150+ countries worldwide, with specific card programs serving different geographic regions.

Supported Regions

The Volet Card is available across multiple continents, though specific card programs have regional restrictions:

Europe: The Europe card program is exclusively available to residents of all 27 EU member states, plus Switzerland, Norway, Turkey, and Israel. The Spend Virtual card is restricted to the European Economic Area (EEA).

Americas: Canada, Brazil, Mexico, Argentina, Chile, Colombia, Peru, and most other Latin American countries can access the Digital, Asia-Pacific, and Global Plus card programs.

Asia-Pacific: India, China (non-US citizens), Japan, South Korea, Australia, New Zealand, Singapore, and other Asia-Pacific nations are served primarily by the Asia-Pacific and Global Plus card programs.

Africa: South Africa, Kenya, Nigeria, and most other African nations can access the Digital and Global Plus card programs.

Middle East and North Africa (MENA): Select countries in this region may access certain Volet card programs, subject to individual country regulations.

Individual country regulations may affect specific features or limits even in supported regions. Volet reserves the right to adjust supported regions based on regulatory developments.

Restricted Regions

Volet services are not available in the following countries and territories:

Major Markets: United States (all citizens and residents regardless of location), United Kingdom, Puerto Rico, U.S. Virgin Islands

Sanctioned or High-Risk Regions: Afghanistan, Burundi, Central African Republic, Chad, Côte d'Ivoire, Cuba, Democratic Republic of Congo, Eritrea, Ethiopia, Guinea, Haiti, Iran, Iraq, Kosovo, Liberia, Libya, Myanmar, North Korea, Somalia, Sudan, Syria, Uganda, Yemen, Zimbabwe

United Kingdom Status: Volet verification applications from UK residents are not currently accepted due to recent changes in UK crypto asset legislation. Services will resume once appropriate regulatory permissions are obtained.

Compliance and Security

Regulatory Framework

Volet operates through multiple legal entities to ensure regulatory compliance:

• Queensland Foreign Exchange Inc. (Toronto, Canada) - Registered as a Money Services Business (MSB) with FINTRAC
• Second February Limited (Seychelles) - Handles crypto operations
• Card issuers: Licensed financial institutions (specific issuer partnerships are internal and not publicly disclosed)

Full KYC verification is required for meaningful card usage. Unverified accounts are limited to €150 lifetime spending. Verification typically requires:

• Government-issued ID
• Selfie
• Proof of address
• Additional verification documents for certain card programs per issuer requirements

Security Features

Volet employs various security measures to protect user accounts and funds:

• Two-Factor Authentication (2FA) via authenticator apps
• Encryption for all sensitive data
• 3D Secure for online payments
• Transaction monitoring for fraud detection
• Ability to instantly block/unblock cards via app or web dashboard
• PCI DSS certification for payment card data security

Volet uses a custodial model where the company and its banking partners hold fiat and crypto on behalf of users. Users do not receive private keys for crypto holdings but can withdraw to self-custody wallets if desired.

Technical Details

Volet's platform connects cryptocurrency holdings with traditional payment networks through a custodial wallet system:

• Conversion process: Manual conversion required in Volet wallet before loading card (except Spend Virtual, which can be loaded with crypto transfers)
• Settlement timing: Fiat conversion nearly instant within platform; card loading instant; card transactions typically settle in 2-3 days
• Card technology: All physical cards support contactless payments and chip+PIN security
• 3D Secure: Enabled for online transaction security
• Mobile app: Available for iOS and Android, offering wallet management, card control, transaction history, and currency exchange
• API access: Not publicly documented for third-party integrations
• Merchant category restrictions: All cards blocked for gambling, betting, online casinos, and lottery transactions
• Mobile wallet integration: Digital and Spend Virtual cards can be added to Apple Pay and Google Pay; Europe and Global Plus cards do not support mobile wallet integration
• Funding restrictions: Digital card can only be funded from Volet.com; external card funding is prohibited by the issuer

User Experience

Volet provides a comprehensive platform for managing both cryptocurrency and traditional spending:

• Mobile app available for iOS and Android with features for:

  • Wallet management
  • Card loading and control
  • Transaction monitoring
  • Currency exchange
  • Crypto buying/selling

• Language support for 18+ interface languages including English, Spanish, German, Portuguese, French, Polish, Russian, Ukrainian, Chinese, Hindi, and Turkish

• Support channels:

  • Detailed Help Center/knowledge base
  • Support tickets via account interface
  • Response times generally within 1 business day
  • 24/7 customer support advertised
  • No phone support mentioned

User feedback indicates strengths in convenience, functionality, instant transfers, and card reliability. Common complaints include occasional account freezing during verification, response times during compliance checks, and the high cost of the Global Plus card.

Best Suited For

• International freelancers who receive payments in multiple currencies and need global spending capability
• Digital nomads who move between countries and need financial access without local bank accounts
• Cryptocurrency investors who want to utilize their digital assets for everyday spending
• Global travelers seeking a multi-currency solution with lower FX fees than traditional banks
• Residents of countries with limited banking options who need access to global payment networks
• Mobile wallet users who prefer Apple Pay or Google Pay integration (Digital and Spend Virtual cards)
• EEA residents seeking a crypto-funded virtual card with mobile wallet support (Spend Virtual)

Pros and Cons

Pros

• No monthly fee for the Europe card program (suitable for occasional users)
• No fee for purchases in base currency (0% on POS transactions in card currency)
• Instant loading from Volet wallet to card for immediate spending
• High transaction limits, especially on Global Plus tier ($150,000 daily)
• Available in 150+ countries worldwide with multiple card programs
• Apple Pay and Google Pay support on Digital and Spend Virtual cards
• Spend Virtual card can be loaded with crypto transfers for streamlined spending

Cons

• Unavailable in major markets like United States and United Kingdom
• No permanent cashback rewards program unlike many competing crypto cards
• Card loading fees range from 1.45-2.95% + fixed fee on Europe/Global Plus; 2.5% + $1 on Digital
• Manual crypto-to-fiat conversion required before loading card (except Spend Virtual)
• No Apple Pay or Google Pay support on Europe and Global Plus cards
• Digital card restricted to Volet.com funding only (external card funding prohibited)
• Specific card issuer details not publicly disclosed

Conclusion

The Volet Card offers a mature, practical solution for converting cryptocurrency holdings into everyday spending power across multiple card programs. Its strength lies in providing immediate access to funds across borders through prepaid cards on major payment networks without requiring users to have conventional bank accounts.

The five-tiered card system accommodates different user needs, from the no-monthly-fee Europe card for casual users to the high-limit Global Plus for power users willing to pay premium fees. The addition of Digital and Spend Virtual cards with Apple Pay/Google Pay support addresses a significant gap in mobile wallet integration. While Volet doesn't offer flashy rewards like crypto cashback, it compensates with competitive base currency spending fees (0% on purchases in card currency for most programs) and a straightforward platform.

Significant limitations include geographical restrictions (no service for US/UK residents), a complex fee structure that requires careful navigation, and the absence of mobile wallet integration on Europe and Global Plus cards. The custodial nature of the platform also means users must trust Volet's security measures rather than controlling their own private keys. Additionally, the lack of publicly disclosed card issuer information may be a concern for users seeking full transparency.

The ideal Volet user is someone who earns or holds cryptocurrency/multiple currencies and needs a reliable way to spend those funds in everyday life. For these users, Volet's combination of solid platform stability, good global acceptance, multiple card program options, and the ability to instantly move between crypto and spendable fiat currency provides substantial value despite the associated fees.

Additional Information

Corporate Evolution

Volet underwent a significant rebrand and restructuring in 2024, transitioning from ADVCash to Volet.com with new regulatory compliance frameworks. The company moved from its previous Belize registration to operating through entities in Canada (Queensland Foreign Exchange Inc., FINTRAC-registered) and Seychelles (Second February Limited for crypto operations). This restructuring appears aimed at ensuring stronger regulatory compliance while maintaining service continuity for its reported 5+ million global users.

There have been no publicly reported major security breaches of Volet/ADVCash since its 2014 launch, suggesting a decent security record. The platform's longevity and continued operation across multiple regulatory environments indicate fundamental stability, though users should note the platform does not offer insurance protection for crypto assets held in custody.

While Volet cards function similarly to standard debit cards, users should be aware that card loading involves a percentage-based fee (1.45-2.95% depending on card tier for Europe/Global Plus; 2.5% + $1 for Digital). This effectively serves as the primary "conversion fee" from crypto to spendable fiat. The platform has evolved its card offerings significantly, with the Digital and Spend Virtual cards representing newer products that offer mobile wallet integration and, in the case of Spend Virtual, the ability to be loaded directly with crypto transfers—a feature that may streamline the crypto-to-spending process compared to traditional manual conversion requirements.