Neobankless Card vs Phantom Cash
For spending abroad FX markup matters, and Neobankless Card does better (0.5% vs 1%). In our editorial rating Phantom Cash leads (4.6 vs 2.0). The choice depends on your real spending profile: redo the math with your volumes before picking between Neobankless Card and Phantom Cash.
| Neobankless Card | Phantom Cash | |
|---|---|---|
| Tier | C | A |
| Rating | ★ 2.0 | ★ 4.6 |
| Estimated net annual cost | €0 | €0 |
| Network | Visa/Mastercard | Visa |
| Fund custody | Self-custody (funds in your control) | Self-custody (funds in your control) |
| Issuance fee | Free | Free |
| Annual fee | Free | Free |
| ATM withdrawal | not declared | Free |
| FX markup | 0.5% | 1% |
| Cashback | Not disclosed | Not disclosed |
| Chains | Solana | Solana |
| On-chain settlement | Yes | Yes |
| Contactless | Yes | Yes |
| Virtual card | Yes | Yes |
| KYC | Full | Light |
| Privacy | 4/10 | 8/10 |
| Supported countries | LATAM | US · 1+ countries |
| Regulator | Nessun regolatore pubblicamente documentato | Stripe partner bank (OCC/FDIC); FinCEN / state MSB regulators |
| Segment | B2C | B2C |
| Free ATM limit | — | N/A (solo prepaid) |
| 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 | LATAM | US |
| Licences & safety | Nessuna licenza pubblicamente documentata; team non verificato in modo indipendente | Stripe Issuing / BIN sponsor (partner bank model) |
Frequently asked questions
Neobankless Card vs Phantom Cash: which is better?
For spending abroad FX markup matters, and Neobankless Card does better (0.5% vs 1%). In our editorial rating Phantom Cash leads (4.6 vs 2.0). The choice depends on your real spending profile: redo the math with your volumes before picking between Neobankless Card and Phantom Cash.
Which is cheaper, Neobankless Card or Phantom Cash?
On the standard spending profile Neobankless Card has the lowest net annual cost: €0 versus €0 for Phantom Cash.
Is Neobankless Card custodial or self-custody?
Neobankless Card is self-custody: you keep the keys, while Phantom Cash is self-custody.
Which is better for spending abroad?
For foreign-currency spending Neobankless Card wins, with the lowest FX markup: 0.5%.