As we start to roll out our Card Products, we want to take a moment to talk more about the card tiers and some of the features and related benefits.   The Switch Card is a debit card that lets users easily spend various converted cryptocurrencies at any merchant that accepts debit card transactions. Please note that this is for the Card Program only and the Crypto Trading Platform component of the Switch App is still in Beta.

Cards are separated into three products; Digital Cards, Blue Cards, and Black Cards. Switch Members, through the Switch App, can also get access to a Digital Card that allows them to make online purchases.

Switch Cards do not require any staking or security deposit to be activated. They are accepted by more than 50 million merchants worldwide and are also compatible with tap-to-pay applications such as Apple Pay and Google Pay.

The Switch Digital Card can be activated on the Switch App almost instantaneously and offers the same benefits as the Blue Card but does not include the issuance of a physical card. It allows users to make online payments through the Switch App, by topping up their accounts with fiat from multiple converted digital assets.  For a user to participate in Switch Rewards, they must activate and run a Switch Node.   For this reason, each card issuance includes a Switch Lite Node which will facilitate the rewards.  However, it is up to the user to host and activate the Node.  Earned rewards will be deposited to the Switch App digital wallet daily.

The Blue Card can be topped up using fiat from multiple converted digital assets. It offers flexibility for the card user as well as the ability to automatically pay bills. In addition, it incentivizes Switch Members to complete transactions with it, by rewarding them with SWITCH based on usage.  For a user to participate in Switch Rewards, they must activate and run a Switch Node.   For this reason, each card issuance includes a Switch Lite Node which will facilitate the rewards.  However, it is up to the user to host and activate the Node. Earned rewards will be deposited to the Switch App digital wallet daily.

The Black Card offers the same benefits as the Blue Card, as well as some extra benefits. Notably, it provides users the opportunity to earn double the number of points for any point-based action they make within the Switch Ecosystem.  It also gives them access to exclusive benefits. For a user to participate in Switch Rewards, they must activate and run a Switch Node.   For this reason, each card issuance includes a Switch Lite Node which will facilitate the rewards.  However, it is up to the user to host and activate the Node. Earned rewards will be deposited to the Switch App digital wallet daily.

For additional information on Switch Action Items, Points, and Rewards, please read this blog where we go into that topic in detail.

Below are some of the specific features and further descriptions:

Default Zero

Your card is “off” by default when received, but gives you the ability to turn your card on and off via the app if its ever lost or stolen.

Subscription Controls

You decide who gets paid and when.   With subscription controls, companies can only take out what you approve.

Virtual Bill Cards

With a Virtual Bill Card, a unique virtual debit card number and unique account number will be generated specifically for each bill/merchant.  Then, when paying your bill for a merchant, you’ll use the unique card or account number associated with the wallet you’ve made for that bill.

Payday 2 Days Early

Get payday early but please note that some employers and payroll providers do not support Payday 2 Days Early.