Greencart reviewed: a Visa card spending a crypto balance, with cashback paid in B3TR

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

Greencart is not a bank, and the page that tries to be one does not exist. It is a Visa card issued by a licensed e-money institution and powered by Gnosis Pay, which spends from a self-custodial Safe you control. That combination is the whole appeal and the whole problem: no monthly fee, no FX markup, cashback in a crypto token on every purchase — and a set of terms in which your account is described as “not a regulated product or service” with liability capped at £100. My score is 6.9 out of 10, and the reason it sits in the middle rather than near the top is that the good news and the scary news come from the same document.

The conditions described here are current as of October 28, 2026.

This review is written for you if you are somewhere an ordinary bank card is hard to get, or hard to get a card that spends without monthly fees and weekend FX markups. Read the sections in order if you are still deciding whether to apply; skip to the fee table if you only care about what comes out of your account.

The verdict: 6.9 out of 10, and who it suits

Greencart scores 6.9 / 10 overall. That number is not a verdict on whether the product is honest — the fee position is genuinely strong, and I will show you why below. It is a verdict on balance: a card that pays real cashback in a token that can fall to nothing, funds you hold yourself with no recovery if you lose your credentials, and an issuer relationship that terminates with 60 days’ notice.

Who this suits: you already hold crypto and think in stablecoins, you are in the EEA or one of the six named Latin American countries, you want a spend card with no monthly charge, and you are comfortable that the cashback arrives as B3TR tokens rather than money. If your income is in crypto, the whole design makes sense — no conversion dance, no fiat account in the middle.

Who it does not suit: anyone whose first question is whether their money is protected. It is not a bank deposit and the card’s own terms contain no safeguarding commitment. It also does not suit you if you need a card that works reliably at a hotel, a car rental desk or a foreign online merchant, because prepaid-type cards get declined in exactly those places.

The audience this card is built for, plainly stated: eco-minded Europeans who want cashback in B3TR on what they spend. That is a niche, not a general payment need — and knowing which group you are in before you apply saves a lot of disappointment.

Will they give you the card?

Yes, in the EEA, plus a named list beyond it, with a nationality clause that bites harder than most applicants expect.

Greencart relies on Gnosis Pay’s eligible-countries list: the EEA countries, and Argentina, Bolivia, Brazil, Colombia and Mexico. I want to be honest about what I could and could not verify here — the country list page itself did not open for me, so treat the non-EEA half as reported by Gnosis Pay rather than confirmed from Greencart’s own pages.

The contracting entity depends on where you live, not where you apply from. Gnosis Pay names Gnosis P. Tech and Unipessoal Lda for EEA residents, and Gnosis Pay Co Ltd for the listed non-EEA countries. That matters for one practical reason: which of those two sides of the arrangement you are dealing with is the party whose terms you read, and which regulator you would complain to.

Two conditions are stated plainly and both are hard gates rather than formalities:

• You must be 18 or older.
• You cannot be on sanctions lists. The wording is wider than “not sanctioned”: the terms say you “cannot be located in, controlled from, or a national or resident of sanctioned countries”. Nationality and country of birth are screened, not only your address. If you hold a passport from somewhere under restrictions, you may be excluded even while living legally in Berlin.

The account is personal. You cannot open one in a company or joint name, which rules out Greencart as a business expense card.

How to get it

The application runs through third-party compliance providers, so expect identity work before you ever see a card.

Onboarding is handled by third-party compliance providers who collect identity, address and source-of-wealth information. Source of wealth is the question that stops most applicants who have lived on crypto rather than a payslip — you should be ready to show where the money came from, not just who you are. You must be 18+, and the account is personal only, as covered above.

The card itself is a Visa, powered by Gnosis Pay. Virtual cards are free. Physical cards may carry a one-off admin fee — “may” is the card’s word, and the amount is not stated. The card currency is also not stated, which matters more than it sounds: without knowing the settlement currency you cannot predict what a foreign purchase looks like on your statement.

Two things the public pages simply do not say, and I will not fill in for them: delivery times for the physical card, and whether identity verification has tiers or re-checks. If either matters to your plan, you will have to ask support directly.

Once you have it, activation is not described as a separate step anywhere I could see. The card is described as a Visa you add to your phone and spend from a balance, which implies it works once funded rather than after an unlocking ritual.

What it really costs: Fees, and what a Tuesday morning costs

This is the strongest part of the product. The card’s own line is “No hidden, monthly, or annual fees”, and the site separately states no fees for withdrawals, transfers, deposits or FX. The virtual card is free. That is a genuinely better cost position than most neobank cards, and it is why the cost criterion is the highest mark on my table.

Two of those rows need a warning label. The ATM row and the limits row both come from a third party describing the Gnosis Pay card in October 2026; neither is confirmed on the card’s own pages, and I did not open the source page. Treat them as a realistic shape rather than as your entitlements.

Now three everyday payments, so the table becomes concrete:

Coffee in an eurozone city. No fee on the card side. If you paid by spending a stablecoin balance already loaded, the number that hits you is whatever conversion happened at top-up, not at the till. If the balance is denominated in dollars, expect a currency line from Visa’s rate with no markup added on top.

A €45 online subscription in dollars. This is where prepaid-type cards most often fail, not on price but on acceptance. The merchant sees a foreign-issued BIN, may apply extra scrutiny or decline outright, and address verification is generally unavailable for foreign-issued cards. You may get a decline for reasons that have nothing to do with you.

Withdrawing €100 from an ATM in Spain. Here the card’s own pages go quiet. The unofficial figures give you five free withdrawals a month or 200 in EURe/GBPe/USDCe, then 2 % — and an ATM limit of 250 per withdrawal, 500 per day. If you rely on cash, this is the line to verify before you travel, not after.

There is also a subscription-shaped trap worth naming: cash withdrawals, transfers, gambling, taxes and insurance are all inside the 48 merchant categories that earn no cashback, so a fee-free card has no reason to earn you anything on the spending you do least of.

How to Top up

Topping up is where Greencart is thinnest, and the thinness is in the details rather than the concept.

You can recharge from a bank account or from a crypto wallet, in fiat or in crypto. The spend happens from the self-custodial Gnosis Pay Safe, which means the balance is yours, not a deposit at an e-money institution waiting to be lent out. The site states no fees for deposits.

What is not stated: which coins and which networks, the minimum top-up, and whether you pay the blockchain network fee or the provider does. That last one is not a detail. On-chain network fees are charged by the blockchain, not by the card provider, and if you hold USDT but no ETH you may simply be unable to send on certain networks. Before you assume a transfer will work, check what network your asset actually lives on against what the app expects.

One risk worth naming now rather than later: blockchain transfers are irreversible. A deposit sent on an unsupported network, or to an address belonging to a different network, can be lost outright or need manual support recovery with no guarantee of success.

The clearest single fact about closing the account: you terminate by written notice to [email protected], and you then have 60 days of platform access to move assets out of the Safe. Sixty days is not long if you are not watching the clock. It is also the only exit route the card describes, which tells you something about how much this arrangement is designed around staying.

Paying with it every day

The everyday mechanics are simple; the everyday judgement calls are not.

You spend from the Safe, in the app, on iOS or Android. That part is unremarkable and good. Two questions you will have in your first week are unanswered on the public pages: Apple Pay and Google Pay are not named as supported, and two-factor authentication and card freeze are not named either. Those are the two features people use most when a card is lost at a bar, and I would want to know the answer from support before I rely on this card for a trip.

The rewards structure is the most interesting part and the easiest to misread. There is a base floor of 0.5 % in B3TR on every purchase. It rises with staked B3TR and with the paid Greencart+ plan, up to a 4 % ceiling. It is capped at $40 per transaction and $40 per month. And 48 categories earn nothing, including cash withdrawals, transfers, gambling, taxes and insurance.

Note the difference between the site and the app store. The App Store text advertises “up to 8 % cashback” and partner purchases up to 15 %. The site says 4 %. When marketing copy and terms disagree, the terms are the ones I would plan around — so model your returns at 4 %, and treat the 8 % figure as unverified.

In the app you will see a level shown as “My Level”, recalculated weekly based on holding B3TR and on in-app activity. Lounge access is marked “coming soon”, which in app language often means you should not count it.

The app itself rates 4.86 in the US App Store from 44 ratings. Read that carefully: forty-four ratings is a very small sample, and a high average on forty-four reviews is not a track record. The Google Play rating was not read.

What can go wrong

This is where I would slow a first-time applicant down, because the risks are structural rather than incidental.

Your account is described as “not a regulated product or service”. Those are the card’s words in the terms. The terms contain no safeguarding commitment, and liability is capped at £100. This is the single most important sentence in this review. It means the balance you are spending is not the kind of money that a deposit guarantee scheme covers, and it means a claim against the provider faces a ceiling that would not feel meaningful to you after any real loss.

Losing your credentials may mean losing the funds permanently. The Safe is self-custodial, which is the good half: control belongs to whoever holds the private key, not to a company that can be hacked. The bad half is that a seed phrase is typically 12 to 24 unencrypted words, anyone who obtains it can restore the wallet and spend the balance, and blockchain transfers are irreversible — the network cannot freeze or return anything. Gnosis Pay also states it does not offer a crypto-asset wallet, so the recovery surface is narrow.

You hold the counterparty risk personally. Custodial platforms have a real record of failure: Mt. Gox, about US$350 million reported stolen between 2011 and 2014; Coincheck, about US$400 million in 2018; Ronin Network, US$625 million in 2022. Self-custody trades a platform risk for a personal-key risk, and neither version is free.

Stablecoins are not, despite the name, stable. USDC temporarily lost its peg in March 2023 during the US banking crisis, and TerraUSD collapsed outright in May 2022. A stable value target is an aim, not a mechanism. Also, stablecoins are not censorship-proof: Tether says it disables tokens in wallets on the OFAC sanctions list and has frozen funds tied to illicit activity.

Disputes have no stated time frame. The terms specify no chargeback time frame, which is unusually explicit about being unclear. Fraud on a Safe-funded card transaction can be reported through the platform. Complaints are acknowledged within 24 hours, resolved within 15 working days, with a final response no later than 35 working days, and escalation to Monavate. Whether Visa’s usual dispute machinery applies cleanly to a self-custodial balance is not something these terms promise.

Merchant acceptance. Some merchants decline prepaid or foreign-issued cards because the BIN lookup reveals the card type and issuer country, and address verification is generally unavailable for foreign-issued cards, which causes declines. Declined authorisations can also leave a hold on your funds for several days, typically up to seven.

Programme closure. Card programmes do end. Visa terminated its global agreements with FTX on 13 November 2022 and the FTX US debit card was wound down. Visa suspended WaveCrest in Europe in 2018, closing all WaveCrest-issued Visa programmes. The usual shape is a notice period, then loading and spending stop, then you are asked to withdraw what is left. This is not a prediction about Greencart; it is the shape of the risk you accept when the issuer relationship is the thing you cannot inspect.

One thing I could not find, and you should know: no Trustpilot or Reddit reviews surfaced when I searched, and there is no Trustpilot page for greencart.ai. That means the absence of complaints is not evidence of good service — it means there is not yet a public body of user experience to read.

The good news for scale: in March 2026 Greencart reported the app passing 1 million users and more than $1.2 million in crypto rewards distributed.

What to take instead

All three alternatives score lower than Greencart does, and I want to be honest about that rather than pretend you must switch. I include them because their structures differ, and a difference of structure can matter more to you than three points of score.

The one thing that stands out in that table is how little the alternatives state either. Three of the four have “not stated” in the cost column. Greencart’s clarity about what it does not charge is genuinely its most underrated feature.

What actually differs is what the reward is made of. GoMining pays in mining power, which is a claim on future mining revenue — useful to you only if you want that. Kinesis pays in gold, which is a commodity hedge rather than a discount on your shopping. Young pays in YNG tokens with a tier structure that starts at 0.1 %. Greencart pays in B3TR with a base 0.5 % floor, which is the highest stated floor among the four.

If what you want is a card you do not have to top up from a crypto wallet at all, none of these is the answer and an ordinary debit card remains the better tool.

Who I would recommend it to

I would recommend Greencart to you if four things are all true: you are in the EEA or one of the six named Latin American countries and your nationality clears the sanctions wording; you already hold crypto and are comfortable receiving a token as a reward; you want a spend card with no monthly or FX fees and you mostly buy things online in your own currency; and you have read the £100 liability cap and decided that the fee savings are worth taking on that exposure.

I would steer you away if any of these hold. You need deposit-guarantee protection or a card you can raise with a regulator without hitting a cap. You need to walk into a hotel or a car rental counter abroad with a card that always works. You cannot afford the risk of a stablecoin depegging while you hold your balance in one. You want Apple Pay and Google Pay today and will not ask. Or you simply want the cash back as spendable money — then a token that trades on its own schedule is a different product, however good the headline percentage looks.

One last thing that is not advice but will cost you if you miss it: each payment funded from crypto may be its own taxable disposal in your local currency, measured at the value on the date of the transaction. I am not a tax adviser and this is not tax advice — but if you will spend heavily, check your own position before you build a habit on this card. Card programmes also get wound down, and if that happens you will have a notice period and then a job to do, so keep a withdrawal route in mind.

Frequently asked questions

What is the Greencart card?

It is a Visa payment card powered by Gnosis Pay, available as a free virtual card and as a physical card that may carry a one-off admin fee. It spends from a self-custodial Gnosis Pay Safe you control, rather than from a bank account. In March 2026 the company reported the app passing 1 million users and more than $1.2 million in crypto rewards paid out. The card pays cashback in B3TR tokens.

How does the Greencart card work?

You top up from a bank account or a crypto wallet, in fiat or in crypto, and the balance sits in a self-custodial Gnosis Pay Safe. When you pay, the balance is spent. Because the funds are yours until the moment of payment, the usual appeal of self-custody applies — and so does its risk: loss of credentials may mean permanent loss of funds, and blockchain transfers are irreversible.

Is Greencart a bank?

No. The card issuer is Monavate Limited, an FCA-authorised electronic money institution, FRN 901097, issuing under licence from Visa Europe Limited. Greencart itself is Linfa Inc., a Delaware corporation. The terms say plainly that “Your Account is not a regulated product or service”, contain no safeguarding commitment, and cap liability at £100. So this is an e-money card, not a bank account.

Who owns Greencart?

Greencart is Linfa Inc., registered at 850 New Burton Road, Suite 201, Dover, Delaware 19904, in the United States. The card programme runs on Gnosis Pay infrastructure, so the contracting entity you deal with depends on your residence: Gnosis P. Tech and Unipessoal Lda for EEA residents, Gnosis Pay Co Ltd for listed non-EEA countries.

Does the Greencart card require KYC?

Yes, and it is more than a photo ID. Onboarding runs through third-party compliance providers who collect identity, address and source-of-wealth information. EU rules also require sanctions screening and a politically-exposed-person determination. You must be 18 or older, and the account is personal only. If due diligence cannot be completed, the relationship cannot proceed.

How much does the Greencart card cost?

The card states “No hidden, monthly, or annual fees”, and no fees for withdrawals, transfers, deposits or FX. The virtual card is free; the physical card may carry a one-off admin fee, amount not stated. Optional Greencart+ costs USD $7.99 monthly or USD $79.99 yearly, with USD $4.99 for the first two months. Unofficial, not confirmed by the card: ATM withdrawals cost 2 % after five free ones a month.

Is the Greencart card safe?

It depends which risk you mean. The balance is self-custodial, so a provider hack does not directly reach it — but you become responsible for key loss, phishing and address-swapping malware. Against that, the terms cap liability at £100 and describe the account as not a regulated product. Two-factor authentication and instant freeze are not named on the public pages. I would ask support directly before relying on this card for a trip.

Is Greencart card free?

Mostly. There is no monthly or annual charge and the virtual card is free, which is the strongest part of the offer. You can add the paid Greencart+ plan at USD $7.99 a month for a higher cashback rate, and there is a Greencart Max listing at $350.00 in the App Store. Cashback itself has a base 0.5 % floor in B3TR, capped at $40 per transaction and $40 per month, with 48 merchant categories earning nothing.

Can I add the Greencart card to Apple Wallet?

I cannot tell you, because Apple Pay and Google Pay are not named on the public pages. That is a real gap for anyone who pays with a phone, and one of the two things I would ask support before applying. The app itself is available on iOS and Android, rated 4.86 in the US App Store from 44 ratings — a small sample, so read it as a snapshot rather than a record.

Can I close my Greencart account and get my money out?

Yes, but the route is specific: you terminate by written notice to [email protected], and you then have 60 days of platform access to move assets out of the Safe. The card states no fees for withdrawals and transfers. Support is also reachable at [email protected] or [email protected], with Greencart+ subscribers getting priority support.

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