Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

SwissBorg Card

SwissBorg (SBorg SA) · Mastercard

4.0/5 1.2/5 · Data verified on

The SwissBorg Card is a Mastercard crypto debit card from SwissBorg (legal entity SBorg SA, Lausanne), launched as a virtual card from Q1 2026 and available in 30+ regions across the EEA, UK and Switzerland. It is custodial: crypto in the SwissBorg app is auto-converted to local fiat (EUR, CHF or GBP) at payment via the Meta-Exchange, and the card adds to Apple/Google Pay or Curve. KYC level 2 required. No account, annual or issuance fee; SwissBorg adds no own FX markup (Mastercard conversion plus a small spread apply). Cashback paid in BORG tokens on every purchase, scaling with loyalty rank.

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

§ Amounts in USD/GBP are shown in the service's native currency.

Account fee Free
Multi-currency EUR, CHF, GBP
Card included Carta Mastercard virtuale (cashback in BORG)
Network Mastercard
ATM withdrawal not declared
Free ATM limit No ATM withdrawals
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA, UK · 30+ countries
Regulator AMF (Francia, MiCA)
Segment B2C
Funding / soliditySwissBorg (SBorg SA) is a crypto investment platform founded in 2017 and headquartered in Lausanne, Switzerland. In March 2026 it secured MiCA authorisation from the French AMF, extending regulated crypto services across the EU.
MiCA / License status SBorg SA (Svizzera)MiCA Francia (BlockNodes SAS, A2026-011)Estonia Virtual Currency License MiCA-authorised as a CASP by the AMF (France) via BlockNodes SAS (ref. A2026-011); issuing entity SBorg SA in Switzerland; prior Estonian Virtual Currency licence being migrated to the French entity.

Strengths

  • No monthly, annual or virtual-card issuance fees
  • No SwissBorg-added FX markup; spendable anywhere Mastercard is accepted
  • BORG cashback on every purchase, from a MiCA-regulated Swiss-based operator
  • No notable sovereignty advantage documented.

Weaknesses

  • Custodial model: assets held by SwissBorg, no self-custody
  • Virtual card only at launch; physical card and pricing not yet announced
  • Variable 'up to' cashback tied to rank, not a flat rate; no ATM withdrawals; EEA/UK/Switzerland only
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (MiCA-authorised as a CASP by the AMF (France) via BlockNodes SAS (ref. A2026-011); issuing entity SBorg SA in Switzerland; prior Estonian Virtual Currency licence being migrated to the French entity.): reporting to authorities and freezes on order.

Verdict

B D ★ 4.0/5 ★ 1.2/5 Estimated net annual cost: €0/year

Medium protection: MiCA-regulated operator (AMF France) with Swiss base, but a custodial model with full KYC: funds and crypto are held by SwissBorg.

Low sovereignty: no self-custody, mandatory full KYC and platform-managed crypto-to-fiat auto-conversion. Not suited to those seeking cypherpunk key control.

Privacy & anonymity 30% 0.5
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

Reputation

What happened to people who used SwissBorg Card, and what users say. External signals: they do not feed the promp.it rating.

Incidents & regulatory actions

History not verified

We have not yet completed the incident search for this service: no entries here does not mean no events.

Public reviews

4.5/5 2,671 reviews
  • App Store ↗ 4.5/5 2,671 reviews

    Exact figure from itunes.apple.com/lookup ('SwissBorg' app, id 1442483481), UK storefront (app not present in the US store). The rating measures the overall SwissBorg app (wallet), not the card specifically.

Weighted average across 1 public review platform (2,671 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.

FAQ

What currency is the SwissBorg Card cashback in?

In BORG tokens, on every purchase, with a rate that grows with your loyalty rank.

Can I withdraw cash at ATMs?

No: at launch the card is virtual and does not support ATM withdrawals.

Sources

Update history

✓ Terms unchanged since Jul 10, 2026

🔔 Notify me of changes

Active bonus Referral bonus to re-check

Random Bitcoin reward ticket via invite

“€1 to €100 in BTC” ≈ €5 net

Random-value BTC reward ticket (range €1-€100): the real expected value is low, typically a few euros, NOT €100 (the rare maximum). Requirement: join via invite, download the SwissBorg app, complete level-1 KYC, deposit and exchange at least €100. Reward in BTC, liquid. This is the SwissBorg app referral (same account as the card).

Get the bonus ↗

← Back to Crypto Neobanks