misleading I tried to utilize this service and wired 0.59 ETH (280$) into it, while I understand this is going to be converted to TERN, looking at the current exchange rate it should have been around 270$. Looking at my Blockcard transaction history it also clearly states 280$ received. Also for some reason it does not provide me with a virtual card, unless I order a plastic card I have no need or usage for. Basically stay away

Not impressed at all Not impressed. I opened my acct and had to deposit a minimum of $10 to choose my card. I didn't want to deposit to much initially just to be safe so I deposited $43 USDC and only received $3.00 credit in my acct. That exchange rate is obviously not in line with what it should be. Looks like a scam to me. I emailed support but have received no reply as of yet.

Stay away Ridiculous terms. When you deposit ( which may take ages ), it's converted to a practically unusable crypto-currency (TERM). After 3 attempts, I figured validation doesn't work. This seems to be just a ruse. Stay away.

So far I’m not impressed So far I’m not impressed. I’ve deposited a total of $470 in 3 transactions, Tried to make one point of sale for around $13. Less than $4 was accepted, the rest denied, even though I had a sufficient balance. I deposited more funds to give it another chance and see how it would work at an ATM. By the time I made it over to an ATM (next morning) I only had a balance of $30 left. I tried to withdraw $20 ....and it worked! ....WHEW! I decided to deposit $400 more.....and within a couple hours my balance has been siphoned down to about $330. Now I’m getting concerned. My “BitPay” card works great. Haven’t had a single problem with it in 2+ years. Haven’t lost a penny. Maybe Blockcard should review its methods. I’m not giving up on it quite yet, but if they keep sucking of my hard earned cash, I might have to burn that card. We’ll see. Hope it’s not a scam!

Great way to lose your money Blockcard would be awesome except they convert deposited funds to TERN at a fixed price of $.008. Problem is the price of TERN is only rarely at $.008 and usually hovers somewhere around $.006-$.007, and can dip as low as $.005 or below. That means when you deposit you can instantly lose anywhere from a few percent up to like 40% of your funds. In other words Blockcard is keeping the difference between the market value of TERN and the $.008 they convert your funds at.