Morse Card vs SwissBorg Card
Crypto native
Crypto native
Verdict
- Morse Card and SwissBorg Card have the same overall score (7.2/10).
- Morse Card is clearly stronger on: Product features, Custody & security.
- A full annual cost comparison is not possible yet because some fees are not disclosed or not yet researched.
Morse Card is a good fit for
- People who want to keep control of their keys
- Frequent travellers
Stronger on: Product features, Custody & security
SwissBorg Card is a good fit for
- Stablecoin holders
- Frequent travellers
★ Our pickEditorial choice · score unchanged · Affiliate link
Neither card is our pick. The card we recommend instead:
Crypto native · ether.fi
Why we recommend it
- 3% cashback in ETHFI on up to $2,000 of spend a monthConditions apply
- 5.35% variable interest on your balanceConditions apply
- No annual or monthly fee on the base tierConditions apply
- Extras on the base tier: airport lounge access, travel / rental car insurance, purchase protectionConditions apply
- Self-custody: funds stay in your own walletConditions apply
Conditions apply; the review lists them with sources.
Score by criterion
| Criterion | Morse Card | SwissBorg Card |
|---|---|---|
| Fees | – | 88 |
| Cashback & rewards | – | – |
| Availability | 100 | 100 |
| FX & international | 100 | 100 |
| Product features | 70 | 47 |
| Custody & security | 95 | 75 |
| Credit & financing | – | 30 |
| Limits & ATM | – | 20 |
| Transparency | 100 | 100 |
| Best for Cashback | n/a | 6.5 |
| Best for Travel | 7.7 | 7.6 |
| Best for Self-Custody | 8.0 | n/a |
| Best for DeFi Users | 7.1 | 6.5 |
| Best for Stablecoins | n/a | 7.8 |
| Best for High Spenders | n/a | 6.1 |
| Best for Low Fees | n/a | 8.3 |
| Best for Beginners | 7.7 | 7.7 |
Conditions apply, e.g. only for the base tier, up to a monthly cap or in some countries. Tap a value with * (or hover over it) to see them.
Product
Product status
ActiveShow source
ActiveShow source
Card type
Prepaid card, Debit cardShow source
Debit cardShow source
Network
VisaShow source
MastercardShow source
Custody model
Self-custodyShow source
CustodialConditions apply: tap or hover for detailsShow source
Spends crypto balances held in the SwissBorg app
Card issuer / program manager
Lead Bank; programme manager Bridge Ventures LLCShow source
UAB Monavate (Bank of Lithuania); app operated by BlockNodes SAS (MiCA licence A2026-011, France)Show source
Fees
Annual fee
FreeShow source
Monthly fee
FreeShow source
Virtual card fee
FreeShow source
FX fee
0%Conditions apply: tap or hover for detailsShow source
Stated for transfers/exchange at the real exchange rate
0%Conditions apply: tap or hover for detailsShow source
Mastercard exchange rate; SwissBorg adds no FX fee (the crypto exchange fee still applies)
Crypto conversion fee
0.99%Conditions apply: tap or hover for detailsShow source
Exchange fee for every loyalty rank; a real-time market-liquidity adjustment may be added
Crypto withdrawal fee
0.1%Conditions apply: tap or hover for detailsShow source
Platform crypto withdrawals: plus real-time gas fees, min/max per asset; page does not mention the card
Other fees & markups
Real-time market-liquidity adjustment may be applied to the conversion price · Third parties such as Apple/Google Pay, Curve or PayPal may charge additional feesShow source
Cashback & rewards
Cashback paid in
BORGShow source
Cashback type
Platform tokenShow source
Interest on balance
3%Conditions apply: tap or hover for detailsShow source
Earn Wallet; shown for US and Mexico
Cashback conditions
Cashback is a share of the 0.99% exchange fee: up to 5% (Standard) to up to 99% (Elite top 10) depending on the loyalty rank · BORG rewards are locked for a period (Paid to Trade programme) · Cashback is not guaranteed and can be changed or stopped at any timeShow source
Reward expiry / vesting
BORG cashback is locked for a certain periodShow source
Credit & financing
Credit line
NoShow source
Availability
Available in
GlobalConditions apply: tap or hover for detailsShow source
150+ countries
United Kingdom, Switzerland, Austria, Belgium, Cyprus, Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, SwedenShow source
Account / spend currencies
USD · EUR · MXN · BRLConditions apply: tap or hover for detailsShow source
Account details for receiving
EUR · CHF · GBPConditions apply: tap or hover for detailsShow source
Base currency set by country of residence
Own IBAN / bank details
YesConditions apply: tap or hover for detailsShow source
Account details for receiving payments
Features
Apple Pay
YesShow source
YesConditions apply: tap or hover for detailsShow source
Initially in Switzerland and France only
Google Pay
YesShow source
YesShow source
Physical card
NoConditions apply: tap or hover for detailsShow source
May follow later
Virtual card
YesShow source
ATM withdrawals
NoShow source
Spend stablecoins
YesShow source
Spendable assets
BTC · ETH · USDC · USDTConditions apply: tap or hover for detailsShow source
Crypto wallet deposits; spending from Morse balance
USDC · BTC · ETH · SOL · BORG · USDG · EUROP · TGBPShow source
Security & custody
Regulation / licences
US Money Services Business · MiCA CASP authorised by AFM Netherlands (41000005) · NMLS ID 2639252Show source
BlockNodes SAS: MiCA authorisation A2026-011 (France)Conditions apply: tap or hover for detailsShow source
Platform-level, not card-specific
Annual cost at 1,500 EUR/month
Morse Card
- Annual & monthly feesunknown
- FX costs+0 EUR
- Crypto conversion–
- ATM costsunknown
- Cashbackunknown
- Net annual valuenot enough data
SwissBorg Card
- Annual & monthly fees+0 EUR
- FX costs+0 EUR
- Crypto conversion–
- ATM costsunknown
- Cashbackunknown
- Net annual valuenot enough data
Assumes 300 EUR foreign spend and 100 EUR ATM per month, base tier only. Use your own numbers