1inch Card shut down: holders must move their money by 18 December 2026

Updated October 2026

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If you came here to decide whether to apply for a 1inch Card, that decision has been taken off the table: new sign-ups are closed and the programme is being discontinued. If you came here because you already hold one, the more useful question is what happens to your money and by when. I went through the card’s own notice, the launch material, the issuer terms and the public complaints, and that is what this page sets out. Everything here is checked as of October 28, 2026.

Conditions are current as of October 28, 2026.

The short version: 1inch Card scores 4.4 out of 10, and the score is not really about the card’s quality — it is about the fact that you cannot join and that holders are being asked to move their balances on a clock set by the issuer, not by them. The card itself, when it worked, was an ordinary prepaid Mastercard wrapped around a crypto wallet, and the everyday-use side of it was genuinely convenient. But a card you cannot get, and must soon empty, is not worth a long review of its finer points.

The verdict: 4.4 / 10

I want to be precise about what the number means here. Of the six things I usually look at — who can get the card, what it costs to hold, what you can top it up with, how reliable it is and what people complain about, how well it works in everyday use, and (in the score card) the general fit — this one collapses at both ends. Nobody new can get it, and the people inside it are being asked to leave.

The everyday-use mark of 9 is the one that is hard to reconcile with the total, and I want to explain why rather than let the table speak for itself. The card, while it existed, was good at the one job a card does: it was a physical and a virtual Mastercard, it worked in Apple Pay and Google Pay (unofficial), you could take cash out up to 500 USD a day (unofficial), and you spent from whatever crypto sat in your 1inch Wallet, converted at the moment of payment. On the purely functional axis it scored very well. But that mark is freighted by the audience note: the people who care most about everyday use today are the existing cardholders drawing down their remaining balance, and for them the “everyday use” question has a deadline attached to it. A card you can use easily for three more months is still not a card you should be planning a life around.

Who does it suit? Almost nobody as a way to hold or spend crypto through a card — you cannot apply, and the closure means there is no forward-looking case to make. The single group it still applies to is existing holders who need to know how to empty it cleanly. Who it does not suit is everyone else, and especially anyone reading an old guide or a cached page that still shows an application button; that button leads to a closed programme.

What happened to the programme

Here is the short history, because the dates are the whole story. The 1inch Card launched on 8 April 2024 with Mastercard and with Crypto Life as the card provider (the launch blog was updated on 8 May 2026). It was a physical and virtual card, issued by Crypto Life and running “powered exclusively by the Mastercard network”. That is now over: a discontinuation notice says the 1inch Card programme is being discontinued, new sign-ups are closed, and the recommendation is to move out by 18 December 2026. The notice does not carry a date of its own on the page.

The companies behind it, which matters because it tells you who to write to. The card provider is Crypto Life — legally Frozen Time UNIPESSOAL LDA in the EU, or Baanx Group Ltd in the UK. The issuer of the card programme is Monavate Ltd in the UK or UAB Monavate in the EU, an authorised e-money institution. 1inch itself is the crypto brand on the front; the balances sit in an e-wallet issued by Monavate, not by 1inch.

Who was eligible is now largely moot — no new sign-ups — but for the record the card’s public pages do not state a country list on the notice. Unofficial sources (a third-party card directory, August 2026) put it as EEA and the UK, and not offered in the US. KYC was handled by the card provider, Crypto Life; the requirements are not stated. Physical and virtual cards existed; delivery details are not stated. Rewards were not stated on official pages either, though an unofficial directory claimed 2% cashback in BXX or 1% in BTC/USDT chosen at purchase, and was internally inconsistent about “1INCH tokens” versus BXX. None of that matters for a decision now, but I mention it because older reviews and directory listings are still online and they are the reason some of you are reading about a card you cannot get.

If you already have the card

This is the section I would read twice if the card is in your wallet right now.

What to do: the notice tells holders to withdraw or spend the balance as soon as reasonably possible by signing in to the card account. The furthest foreseeable date given is 18 December 2026 — but read that as the issuer’s and provider’s timeline, not a guarantee; the wording is that these timelines are set by the issuer and provider. In other words, the date can move, and you should not treat it as permission to wait until autumn. Pull the money out sooner rather than later.

Where the money is: balances sit in an e-wallet issued by Monavate, not by 1inch. This is worth holding on to, because under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed for up to six years after the account is closed. That is a real comfort — your funds are not simply evaporating on the closure date — but it is a redemption right, not a live card you can spend from. Withdrawal fees are not stated, so I would ask about that when you go in.

Topping up is off the table; the launch material said the card only ever needed “crypto in your 1inch Wallet”, converted to fiat at the moment of payment, and with the programme closed there is nothing to load. Daily spending limits, ATM terms, refunds and disputes are not stated on the notice. Unofficial figures, for the shape of the thing only: ATM fee 2% with a 500 USD daily limit; daily spending limit 8,000 USD (one directory gave EUR 8K daily and EUR 5K monthly); spendable assets 1INCH, ETH, USDT, USDC, BTC, LTC, XRP, BXX. Treat those as background, not instructions — they were never confirmed by the card.

If something goes wrong, support has two layers. Card balance, status, KYC, closure and personal-data requests go to Crypto Life support, by email or the chat in the card account. If Crypto Life does not respond, you contact 1inch support with your request, the date and the channel — 1inch logs the case and escalates it, but cannot action account-level requests itself. Languages and hours are not stated. The distinction matters: 1inch is the front you can shout at, Crypto Life is the one that can actually move money.

What can go wrong

Three things, roughly in order of how much they should worry you.

The first is simply the clock. Because 18 December 2026 is a date someone else set, and because the timelines are explicitly the issuer’s and provider’s rather than a promise to you, the risk is that you leave it late and find the account closed, the card dead, and a redemption process you have to argue for. Six years of redemption under section 16 is the backstop; it is not the same as having your money available next week.

The second is complaints. Officially the picture is the closure itself, the 18 December 2026 move-by date, and the six-year redemption. Unofficially, real user reports exist about this card specifically: a USDC deposit to the “1inch crypto card” confirmed on the chain but never credited (1 October 2026); a card transfer that never arrived (30 September 2026); a USDC deposit uncredited for 20+ hours with the answer “under review” (1 September 2026); a withdrawal pending 30+ days (February 2026, wallet); slow generic support (June 2025, October 2025, June 2026). The pattern is consistent: money sent, acknowledgement given, credit late or missing. That is exactly the failure mode that hurts most when a programme is winding down and the support queue is filling up.

On the broader reputation: Trustpilot for 1inch overall, read on 2026-10-20, showed 3.6/5 from 547 reviews, with only 6 in the last twelve months, 79% five-star and 5% one-star, and the company replying to 16% of negative reviews. Earlier I saw a 4.2/5 figure from a different aggregator (Traders Union, latest review 2 July 2026) — the discrepancy is worth knowing, and Trustpilot itself shows the lower 3.6.

The third is custody and security, which is where I would slow down and think about what “closed” means for the balance you have not yet moved. Your funds are held in an e-wallet at an authorised e-money institution (Monavate), not by 1inch — that is a regulated arrangement, and EMIs are required to safeguard customer funds, usually by segregating them or insuring them, though such funds are not the same as bank deposits and may not sit under a deposit guarantee scheme. Two-factor authentication, card freeze and spending controls are not stated. The launch blog’s own wording on custody was ambiguous — it said users keep control “while still retaining custody”, which does not quite parse, and I would not rest on it. The wider reminder: custodial platforms have a real history (Mt. Gox, Coincheck, Ronin Network), and crypto transfers are typically irreversible, so a support queue is a genuine risk when your money is sitting in someone else’s wallet.

What to take instead

None of the alternatives is the same product — 1inch Card was, underneath, an ordinary Mastercard on a crypto balance — but three live programmes do the job it was doing, and each has a different cost. Here they are, with the same things I would ask of any card: who can get it, what the card is, what it costs to hold, what it charges per spend, what you can fund it with, and what you get back.

A few things fall out of that table that I would want you to notice, because they are the practical differences rather than the marketing ones.

On who can get each one: MetaMask opens sign-ups in 45 listed countries and territories (Andorra, Argentina, Brazil, Canada, Mexico, Germany, France, Spain, Uruguay among them), proof of residency required, other regions on a waitlist, and note the wording — ineligible regions limit sign-ups, not spending; US/UK sign-ups were temporarily closed per its FAQ. KAST is residence-based, shown to you at KYC; if your country isn’t listed it isn’t available there, and the country list itself is not published. Citizenship matters there in a specific way: living in a supported country while holding an ID from a restricted region may still leave you ineligible to pass KYC, dual citizens with an ID from a supported country may pass, only your own ID is accepted, and a VPN does not bypass it — though you can create an account in an unsupported country and it simply stays locked at KYC. Zeal spends in 150+ countries, with the card programme live in the EU, UK, Brazil, Colombia, Mexico, Japan, Singapore, Philippines, Indonesia and Thailand.

On the money: MetaMask is the closest in spirit to what 1inch did — spend straight from your own wallet, no pre-loading, and cashback in mUSD (Virtual 1%; Metal headline 3%, with a footnote capping 3% at the first $10,000 spent then 1%, plus a $FLY bonus via a dining app). But its per-transaction fee is described only as “minimal” with the amount not stated on the pages I read, and the metal card is $199 a year. KAST is the most explicit about its numbers and the most expensive to hold at the top tier, but its headline rates are unusually plain: 0% to load a stablecoin, 0% to spend USD, and USD cashback of 1.5% (Standard, first 2,000 USD/month), 2% (Premium, first 10,000) or 3% (Private, first 40,000), with the catch that cashback is paid in USD when the transaction is authorised, and KAST Points of none / +1% / +2%. Zeal is the least transparent on paper — no fee schedule published on its site or App Store — but pays up to 4% cashback in GNO on Gnosis Chain, which you must hold in the card Safe to qualify, and the app advertises up to 5% variable APY on EUR/USD balances.

My honest read: if you want the closest replacement for “crypto in one wallet, spend from it directly”, look at MetaMask first. If you want the numbers spelled out in front of you and do not mind paying for a tier, KAST is the clearest document I found. If you want the highest headline cashback and are comfortable with the least published detail, Zeal — but read its terms before you commit.

Who I would recommend it to

Being blunt: I would not recommend the 1inch Card to anyone as something to get. It is closed to new applicants, it is being wound down, and the value of holding a card you must empty is negative. That is not a criticism of how the card worked — on everyday use it scored the best mark on my sheet — it is a statement about what a closing programme is.

I would recommend this page, though, to exactly one group: if you hold a 1inch Card, sign in to the card account, withdraw or spend what is there as soon as you reasonably can rather than waiting for 18 December 2026, and if Crypto Life has not answered you, take your request, its date and the channel you used to 1inch support. Keep the six-year redemption right from the issuer’s section 16 in mind as your backstop, not as your plan. And if a deposit of yours is sitting uncredited right now — the USDC reports suggest some are — raise it today rather than in the last week of the programme, because that is the one complaint that will not improve with time.

For everyone else picking a crypto card today, the three above are all open applications. Choose on the axis you actually care about — holding cost, per-spend fees, what you can fund it with, and how plainly the provider states its limits — rather than on a launch headline from a card that no longer exists.

Frequently asked questions

What is 1inch Card?

The 1inch Card was a prepaid Mastercard, physical and virtual, that let you spend crypto held in your 1inch Wallet, converted to fiat at the moment of payment. It launched on 8 April 2024 with Mastercard and Crypto Life, running on the Mastercard network. The programme is now being discontinued and new sign-ups are closed, so it cannot be applied for.

How does the 1inch Card work, in simple terms?

You held crypto in your 1inch Wallet, and the card converted it to fiat when you paid, so you spent from a loaded balance rather than on credit. Balances sat in an e-wallet issued by Monavate (Monavate Ltd in the UK, UAB Monavate in the EU), not by 1inch itself. Under the old model it behaved like an ordinary prepaid card; now you are being asked to empty that balance.

Is 1inch a bank?

No — and this distinction matters for your money. 1inch is a crypto brand; the issuer of the card programme is Monavate, an authorised e-money institution, and the card provider is Crypto Life (Frozen Time UNIPESSOAL LDA in the EU, Baanx Group Ltd in the UK). An e-money institution can issue e-money, cards and e-wallets but cannot lend, and customer funds are safeguarded rather than held as bank deposits.

Who owns 1inch?

The card programme is not 1inch’s to own in the banking sense — it was issued by Monavate and provided by Crypto Life, with 1inch as the brand and front end. Your balance lives in a Monavate e-wallet, and account and closure requests are handled by Crypto Life, with 1inch able to log and escalate cases but not action them.

Can I still apply for the 1inch Card?

No. New sign-ups are closed as part of the discontinuation. There is no application to complete, and any page still showing a sign-up button is out of date. If you want a crypto card today, the open applications are MetaMask, KAST and Zeal.

Does the 1inch Card require KYC?

It did. KYC was handled by Crypto Life, though the specific requirements were not stated on the card’s public pages. Unofficial sources also described a basic tier with lower limits. Note that e-money business in the EU must verify identity, address, date of birth, nationality and documents, run a sanctions check, and screen for politically exposed persons.

How do I withdraw money from the 1inch Card?

Sign in to the card account and withdraw or spend the balance as soon as you reasonably can — the notice’s furthest foreseeable date is 18 December 2026, and that timeline is set by the issuer and provider. Under section 16 of the issuer’s card terms, remaining e-wallet funds can be redeemed for up to six years after account closure. Withdrawal fees are not stated.

Is the 1inch Card safe?

Your funds were held in an e-wallet at an authorised e-money institution (Monavate), not by 1inch, which is the regulated part of the arrangement. But the programme is closing, there are user reports of USDC deposits confirmed on-chain yet uncredited, and two-factor authentication, card freeze and spending controls are not stated. Treat the safest move as withdrawing promptly rather than leaving funds in a closing wallet.

Can I still use the card to pay in my country or add it to Apple Wallet?

Spending during the wind-down is exactly what the notice asks holders to do — withdraw or spend the balance as soon as reasonably possible. Apple Pay and Google Pay support was reported unofficial, not confirmed by the card, and the closure timeline means neither can be relied on beyond 18 December 2026 at the very latest. For paying abroad after this, one of the three alternatives will serve you better.

Is 1inch Card worth it?

As a card to get: no, it cannot be applied for. As a card you already hold: the value now lies in moving your money out cleanly and using the six-year redemption right as a backstop, not in the card’s rewards. If you are choosing a card going forward, compare MetaMask, KAST and Zeal on holding cost, fees and what they let you fund them with.

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