Crypto.com
Crypto.com Midnight prepaid — Australia
The card uses fiat stored value; crypto funding is converted before loading. Current quote/spread is unknown; retail FX and counterparty-availability risks remain.
Last updated: 2026-10-19 · Within the 14-day review window · For education and research. Not investment, legal, or tax advice.
Program lifecycle: ACTIVE · New applications: OPEN
- The captured official application/programme documents describe a current application route; no application was attempted.
- OPEN describes a documented programme application route, not a guarantee that a person will be accepted.
Field review queue (14-day captured-evidence window)
- availability: 2026-10-19 · CURRENT · cdc-card-application
- residence: 2026-10-19 · CURRENT · cdc-au-card-tmd, cdc-au-card-terms
- costRules: 2026-10-19 · CURRENT · cdc-au-fees, cdc-card-application, cdc-au-card-terms, cdc-au-card-pds, cdc-au-topup
- fees.monthly: 2026-10-19 · CURRENT · cdc-card-application
- fees.issuance: Unknown · UNKNOWN ·
- fees.funding: Unknown · UNKNOWN ·
- fees.conversion: Unknown · UNKNOWN ·
- fees.spread: Unknown · UNKNOWN ·
- fees.fx: 2026-10-19 · CURRENT · cdc-au-fees
- fees.atm: Unknown · UNKNOWN ·
- fees.withdrawal: Unknown · UNKNOWN ·
- rewards: Unknown · UNKNOWN ·
Check captured residence conditions
This checks supplied residence facts only. Nationality, tax residence, issuance, shipping, account checks and individual acceptance are separate. Inputs stay in this page.
Calculate documented program fees
V2 teaching scenario. Enter converted card-currency principals before fees; no live FX or authorization. Missing event facts stay unknown. Inputs remain on this page.
Legacy aggregate limitations
These conservative v1 omissions remain for old callers. The explicit v2 scenario below can evaluate represented conditions; unknown prices and restrictions remain separate.
- Known load/physical/closure/inactivity charges need channel/event inputs; replacement fee is conflicting · Sources: cdc-au-fees, cdc-au-card-pds
- Unconditional current purchase-program percentage not captured · Sources: cdc-au-fees
- Known non-AUD 3% additional charge and network quote are outside subtotal · Sources: cdc-au-fees
- Current crypto conversion quote/spread is unknown · Sources: cdc-au-topup
- ATM operator fee is unknown · Sources: cdc-au-fees
Captured terms, claims and unresolved facts
Source text is retained in its recorded language. Official documents are not a direct product test. Conditional charges below are not automatically recurring monthly charges.
Documented term · monthly-card-fee
Card itself has no monthly fee; separate paid subscription/service tiers are not included.
Card fee wording / Midnight Schedule B or maintenance fee row · Terms checked: 2026-10-19
- LevelUp or other account/subscription services can have separate charges.
Sources: How to Apply for a Crypto.com Prepaid Card (cdc-card-application)
Documented term · issuer-and-rights
Foris GFS Australia Pty Ltd, ACN 150651004 / AFSL 467462, issues the virtual/physical prepaid card; no Australian Financial Claims Scheme protection stated for prepaid value.
Terms sections 1.1, 2.1, 19.7 (PDF page 20); PDS sections 1–3 · Terms checked: 2026-10-19
- App entity is distinct; programme manager not independently established.
Sources: Crypto.com Visa Prepaid Card Terms (cdc-au-card-terms) FORIS GFS AUSTRALIA PTY LTD Product Disclosure Statement — Crypto.com Visa Prepaid Card Service (cdc-au-card-pds)
Documented term · residence-target-market
Retail individual age 18+, domestic Australian resident address and eligible verified App; NZ legacy-card references are not new AU programme eligibility.
TMD Eligibility Criteria PDF page 3 (zero-based 2); terms section 2.1 · Terms checked: 2026-10-19
- TMD review date 2027-10-01 is not source expiry or applicant approval.
Sources: FORIS GFS AUSTRALIA PTY LTD Target Market Determination — Crypto.com Visa Prepaid Card Service (cdc-au-card-tmd) Crypto.com Visa Prepaid Card Terms (cdc-au-card-terms)
Documented term · funding-and-atm
AUD fiat stored value, supported funding conversion before loading; Midnight AUD 200 monthly ATM allowance then 2% excess; stated withdrawal ceilings apply.
PDS sections 2–3; top-up process; Midnight ATM allowance/limit rows · Terms checked: 2026-10-19
Sources: FORIS GFS AUSTRALIA PTY LTD Product Disclosure Statement — Crypto.com Visa Prepaid Card Service (cdc-au-card-pds) How do I top up my Crypto.com Prepaid Visa Card? (Australia, including New Zealand residents holding Australia-Issued Cards) (cdc-au-topup) Crypto.com Prepaid Visa Card Fees and Limits (Australia, including New Zealand residents holding Australia-issued cards) (cdc-au-fees)
Unresolved fact · replacement-conflict
Unresolved replacement-card fee conflict: {"currentHelpAmount": 4.01, "olderPdsAmount": 10, "selectedAmount": null}
Current help replacement row versus PDS Appendix 2 · Terms checked: 2026-10-19
- Current-help effective replacement date and legal precedence not established; no amount chosen.
- Replacement only; first-physical fee is independently documented.
Sources: Crypto.com Prepaid Visa Card Fees and Limits (Australia, including New Zealand residents holding Australia-issued cards) (cdc-au-fees) FORIS GFS AUSTRALIA PTY LTD Product Disclosure Statement — Crypto.com Visa Prepaid Card Service (cdc-au-card-pds)
Documented term · physical-and-closure
First physical / closure costs: {"firstPhysical": 5.99, "closure": 10}
Australia Midnight physical and closure rows · Terms checked: 2026-10-19
- Legacy v1 aggregate limitation: No issuance/closure event selector.
- Corresponding event only.
Documented term · funding-channel-fees
Funding channel fees: {"debitPercent": 1, "creditPercent": 2, "applePayPercent": 2}
Australia load rows · Terms checked: 2026-10-19
- Legacy v1 aggregate limitation: Funding channel is not a scenario input.
- Named load channel only.
Documented term · foreign-transaction-fee
Non-AUD purchase and ATM charge: {"percent": 3}
Australia Midnight non-AUD row · Terms checked: 2026-10-19
- Known scalar FX is not consumed in productCost subtotal.
- Non-AUD purchases and withdrawals.
Documented term · inactivity-fee
Monthly inactivity charge after twelve months: {"monthsInactive": 12, "monthlyAmount": 6}
Inactivity row; September 1, 2026 effective note · Terms checked: 2026-10-19
Valid from: 2026-09-01 · Valid until: Unknown
- Legacy v1 aggregate limitation: No inactivity duration/state; older PDS AUD 5 is not substituted.
- Applies after twelve months inactive.
Documented term · availability-provenance
Current captured programme/application documents support the stated service/application state; individual approval and live application operation were not tested.
Prepaid application, residential address, virtual/physical sequence and card-versus-subscription fee wording · Terms checked: 2026-10-19
- ACTIVE is programme status, OPEN is a documented route, neither is a guaranteed personal approval.
Sources: How to Apply for a Crypto.com Prepaid Card (cdc-card-application)
Unresolved fact · unknown-pricing-and-rewards
Current executable crypto quote/spread, individual rewards/points realization, staking/lockup applicability and complete account cost remain unverified.
Limits of captured programme documents · Terms checked: 2026-10-19
- Null is unknown or not represented in this model, not a documented zero.
Sources: Crypto.com Visa Prepaid Card Terms (cdc-au-card-terms)
Documented term · annual-card-fee-scope
Application help distinguishes the prepaid card itself having no monthly/annual fee from separately charged LevelUp subscriptions; no subscription fee is assumed zero.
Prepaid card versus LevelUp subscription fee explanation · Terms checked: 2026-10-19
- No annual amount field in cardSchema; this does not price a subscription.
Sources: How to Apply for a Crypto.com Prepaid Card (cdc-card-application)
Documented term · operating-limits
Captured operating ceilings: {"atmDaily": 2000, "atmMonthly": 10000, "atmYearly": 75000, "maximumBalance": 30000}. These are not authorization guarantees.
Australia Midnight ATM and maximum-balance rows · Terms checked: 2026-10-19
- Current amount/authorization and history were not tested.
Documented term · application-formats
The common prepaid-card application help describes virtual and physical card formats and the virtual-then-physical process.
Prepaid card application steps: virtual card followed by optional physical card; distinct from US credit-card application · Terms checked: 2026-10-19
- Current individual application and delivery not tested.
Sources: How to Apply for a Crypto.com Prepaid Card (cdc-card-application)
Product structure
- Provider
- Crypto.com
- Issuer
- Foris GFS Australia Pty Ltd
- Program manager
- Not verified
- Card type / network
- PREPAID / VISA
- Virtual / physical
- Yes / Yes
- Funding assets
- AUD
- Funding methods
- Supported crypto, fiat and payment-card paths; conversion/loading into AUD prepaid value before spending
- Custody model
- CUSTODIAL
- KYC requirement
- REQUIRED
- Conversion mechanism
- The card uses fiat stored value; crypto funding is converted before loading. Current quote/spread is unknown; retail FX and counterparty-availability risks remain.
- Withdrawal conditions
- Midnight monthly AUD 200 ATM allowance then 2% excess plus possible operator costs; limits AUD 2,000/day, AUD 10,000/month, AUD 75,000/year.
- Staking requirements
- Not verified
- Lock-up requirements
- Not verified
Eligibility
AU
A documented residence-rule match is not individual account/card approval; identity verification and the current application process remain separate. · Nationality and tax-residency requirements are not inferred from shipping, language or network acceptance. · TMD requires retail individual age 18+, domestic Australian resident address and eligible verified App; New Zealand legacy cardholders mentioned in fees are not proof of current NZ new eligibility.
Eligibility checked: 2026-10-19
Foris GFS Australia Pty Ltd Foris GFS Australia Pty Ltd
Fees and conditions
- monthly: 0 AUD · 2026-10-19 · Crypto.com
- issuance: Not verified
- funding: Not verified
- conversion: Not verified
- spread: Not verified
- fx: 3% · 2026-10-19 · Crypto.com
- atm: Not verified
- withdrawal: Not verified
Rewards and conditions
Not verified
Risk disclosure
- Official-document verification only; no account, transaction, ATM withdrawal, conversion, reward or complaint tested.
- Crypto sale quotes/spreads and individual onboarding outcomes remain unknown; no personal tax or legal conclusion is made.
- Terms section 19.7, PDF page 20 (zero-based 19), states e-money/prepaid value is not protected by the Australian Financial Claims Scheme. Provider safeguarding wording does not independently prove full recovery.
- TMD requires retail individual age 18+, domestic Australian resident address and eligible verified App; New Zealand legacy cardholders mentioned in fees are not proof of current NZ new eligibility.
- First physical AUD 5.99; debit load 1%, credit load 2%, Apple Pay load 2%; closure AUD 10.
- Non-AUD purchases/ATM 3%; after 12 months inactive AUD 6/month effective 2026-09-01; max balance AUD 30,000.
- Replacement fee unresolved: current help AUD 4.01 versus older PDS Appendix 2 AUD 10; neither amount is selected as authoritative pending reconciliation.