What's the MCO Visa Card?

What is the MCO Visa Card?

MCO is touted as the world's first free metal crypto-linked Visa card, with up to 5% cash-back, airport lounge access, as well as other benefits and features.

MCO gets its name from Monaco, a payment and cryptocurrency platform that operates its own, native currency (MCO).The platform additionally offers a mobile wallet app for buying/selling/spending cryptocurrency, plus credit/loan services.

Monaco's Metal Visa cards, which are backed by cryptocurrency and require certain amounts of MCO to be held respective of the card tier-selection, come with basic card features, cash-back programs, and zero annual fees. The user’s cryptocurrency holdings basically back his or her card. 

Although Monaco offers 5 different card selections, this article outlines 3 of them below: Midnight (Basic), the Icy White/Rose Gold (2nd most prestigious option), and the Obsidian Black (most prestigious option) MCO Visa cards.

As with common reward programs available with standard credit cards, the MCO card offers cash-back savings on spending. Additionally, the card offers interbank exchange rates with no overseas fees. What's more is that the card allows for free withdrawals from ATMs across the world plus airport lounge access and the ability to invite guests. These are attractive features, especially for frequent flyers and other travelers.

While Monaco is confident that the savings it facilitates to its users are superior to that of traditional banks, the platform moreover endeavors to help bridge the crypto-finance and traditional banking gap. 

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[Source: Crypto.com]