Moonwell Card vs Phantom Cash
For spending abroad FX markup matters, and Phantom Cash does better (1% vs 1.5%). In our editorial rating Phantom Cash leads (4.6 vs 4.0). Neither wins across the board: weigh the points above against your use case before choosing between Moonwell Card and Phantom Cash.
| Moonwell Card | Phantom Cash | |
|---|---|---|
| Tier | B | A |
| Rating | ★ 4.0 | ★ 4.6 |
| Estimated net annual cost | €0 | €0 |
| Network | Visa | Visa |
| Fund custody | Self-custody (funds in your control) | Self-custody (funds in your control) |
| Issuance fee | Free | Free |
| Annual fee | Free | Free |
| Free ATM limit | $2,000/day (max 3 withdrawals), $10,000/month | N/A (solo prepaid) |
| ATM withdrawal | 3% | Free |
| FX markup | 1.5% | 1% |
| Cashback | Not disclosed | Not disclosed |
| Chains | Base | Solana |
| On-chain settlement | Yes | Yes |
| Contactless | Yes | Yes |
| Virtual card | Yes | Yes |
| KYC | Full | Light |
| Privacy | 4/10 | 8/10 |
| Supported countries | US, EEA, UK, APAC, LATAM · 180+ countries | US · 1+ countries |
| Funding / solidity | Moonwell è un protocollo DeFi di lending open-source sulla rete Base, governato da una DAO (token WELL). La Moonwell Card è realizzata in collaborazione con Cypher, con il partner bancario Reap (Hong Kong) come emittente Visa. | — |
| Regulator | Reap (partner bancario, membro principale Visa con sede a Hong Kong) | Stripe partner bank (OCC/FDIC); FinCEN / state MSB regulators |
| Segment | B2C | B2C |
| OAM Italy registration | — | No |
| Past incidents | — | August 2022: an exploit of ~8,000 Solana wallets (~$8M) caused by the third-party Slope Wallet library, not by Phantom; Phantom urged users to migrate their seed phrases. |
| Regions | US, EU/EEA, UK, APAC, LATAM | US |
| Licences & safety | Stripe Issuing / BIN sponsor (partner bank model) |
Frequently asked questions
Moonwell Card vs Phantom Cash: which is better?
For spending abroad FX markup matters, and Phantom Cash does better (1% vs 1.5%). In our editorial rating Phantom Cash leads (4.6 vs 4.0). Neither wins across the board: weigh the points above against your use case before choosing between Moonwell Card and Phantom Cash.
Which is cheaper, Moonwell Card or Phantom Cash?
On the standard spending profile Moonwell Card has the lowest net annual cost: €0 versus €0 for Phantom Cash.
Is Moonwell Card custodial or self-custody?
Moonwell Card is self-custody: you keep the keys, while Phantom Cash is self-custody.
Which is better for spending abroad?
For foreign-currency spending Phantom Cash wins, with the lowest FX markup: 1%.