Jam Card is a Prepaid Card

• Debit Card
• Credit Card
• Prepaid Card

• No Bank Account Offered

Useful Card Structure:Jam Card functions like a prepaid card, but on the backend, it is classified as a credit card. This means that while you cannot borrow money with this card, it will work at places requiring pre-authorizations.

Jam Card carries its own balance, and you'll need to top it up before use.

It should be noted that Jam doesn't offer a bank account with this card (while some crypto cards do), which means you won't be able to receive third-party payments, like fiat withdrawals from exchanges, for example.

No ID Verification Required

Jam Card lets you spend your crypto without submitting a government-issued ID or selfie - skipping the identity verification process called KYC (Know Your Customer) that most crypto cards require.

Stay Off the Grid:With Jam Card, your spending stays private and your personal data isn't sitting in another company's database. If you want to keep your crypto activity separate from your identity, this is one of the main reasons to pick Jam Card.

It's Issued Solely in Virtual Form, Lacking a Physical Version

Jam Card is available solely in virtual format, unlike 30% of crypto cards offering both physical and virtual versions. This means you cannot use it for ATM withdrawals, or at places like car rental companies or hotels that require a physical card for security deposit and identity verification. The virtual card will be issued to you instantly after you complete the KYC Identity Verification.

Wondering about the pros and cons of virtual-only format? Here are some highlights:

Useful:Since Jam Card supports Apple Pay, you can still use this card in real life, to pay for everyday purchases.

Crypto-to-USD Conversion Cost with Jam Card

Jam Card Requires Pre-Load

Before you can use your Jam Card, you will need to top-up your account. This means you will have to convert your crypto in advance, exchanging it to USD and moving it to the card account, to make it available for spending.

Crypto

Crypto to Fiat Conversion Fee	0%
Broker Sell Spread	~0.1%
Load Fee	3.5%
Transaction Fee	0.30 USD (~0.6% on 50 USD spend)
Gas Fees	vary
Total Crypto to USD Cost	~4.2% + Gas Fees

USD

Privacy Tradeoff:While the ~4.2% + Gas Fees cost is higher than KYC-required cards, which average ~1.6% in conversion fees, you're paying for the convenience of skipping identity verification - no government-issued ID or selfie needed to use this card.

How Does Jam Card Compare to Other Crypto Cards?

Jam Card ranks #55 out of 69 amongst all the crypto cards we have reviewed so far. This card is a solid choice among the many crypto cards available, offering competitive features and benefits.

In addition, Jam Card ranks #14 out of 18 amongst Non-Custodial Crypto Cards.

Strongest Features Against Competitors

Here are the strongest features of Jam Card against its 68 competitors:

• Has Unlimited daily spend allowance, a rarity in the industry (other cards have 10,000 USD limit on average).
• Their customer service is very good with a 9.1/10 score (others score only 7.4/10 on average).
• You won't be charged any monthly fee (while 20% of other crypto cards charge one, with a median of 1.6 USD per month).
• This crypto card is non-custodial, which means you keep the keys to your crypto assets and can connect your own wallet. You have full control, unlike with custodial cards that manage your crypto assets.
• No KYC required, so you can start using this card right away without submitting a government-issued ID or selfie.
• Available for residents of United States.

Weakest Features Against Competitors

Compared to its 68 competitors, here are the shortcomings of Jam Card:

• Doesn't offer any cashback (while other cards give an average of 4%).
• Supports only 2 cryptocurrencies, USDT and BSC-USD (while other cards support an average of 15).
• Lesser-known company with a 3.5/10 brand authority score (the average for all competing cards is 6/10).
• Requires preconversion of crypto to load the card (while 40% of competitors auto-convert on every purchase).
• Only available in virtual format (while 30% of competing crypto cards offer both physical and virtual cards).
• No way to unload funds once they are loaded to the card (while about 70% of crypto cards let you take funds back out).
• Their fee structure is not so budget-friendly, with a score of 3.8/10 (average fee structure rating amongst other cards is 6.3/10).

Jam Card vs. Cypher Card vs. Ether.fi Card

	Jam Card	Cypher Card	Ether.fi Card
Monthly Fee	0.00 USD	0.00 USD	0.00 USD
Crypto to Fiat Cost	~4.2% + Gas Fees	~1% + Gas Fees	0% + Gas Fees
Highest Cashback	None	None	up to 3%
Entry-Level Cashback	None	None	3%
Daily Spending Limit	Unlimited	4,000 USD	50,000 USD
Daily ATM Limit	N/A (Virtual-Only Card)	500 USD	750 USD
Foreign Exchange Fee	2.5%	1.5%	0%
Identity VerificationID Verification	No KYC	KYC Required	KYC Required
Asset Management	Non-Custodial	Non-Custodial	Non-Custodial
Availability for United States
Supported Cryptocurrencies	2	772	4
Apple Pay	Enabled	Enabled	Enabled
Customer Service	Great	Great	Great
Brand Authority	Growing	Less-Known	Growing
		Full Review	Full Review

If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Jam Card offers an unparalleled Unlimited daily spending limit. You will get lower daily limits with Cypher Card and Ether.fi Card.

Cashback rewards are a great way to earn back some of the money you spend on your card and is an important consideration as well. Out of the three, Ether.fi Card offers the best cashback rewards of up to 3%. With Jam Card and Cypher Card, you will have no cashback rewards at all.

To make a good choice, look through all features, as it is an individual choice. If you will mostly do online transactions with this card, then Apple Pay availability may not be a very important feature for you. If you travel a lot, foreign exchange rate will matter. And so on.

• Jam Card Website
• Cypher Card Website
• Ether.fi Card Website