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Mastercard, CoinJar join hands for a specialized card

CoinJar card has recently partnered with payments giant Mastercard to launch its first cryptocurrency Mastercard. Through this, residents in Australia can finally use cryptocurrency on a daily basis.

CoinJar card allows users to pay through cryptocurrency wherever Mastercard is accepted. Any user just has to select the crypto for payment and automatically convert to Australian Dollars while transacting. This saves time as users don’t have to convert the crypto into fiat by themselves. Moreover, it becomes a seamless experience that any daily user can afford to do.

CoinJar card also offers full digital wallet support. Through this, users can instantly spend their crypto using their device or any other wearables (smartwatch). It is also compatible with both Apple Pay and Google Pay.

CoinJar Card is free to activate, doesn’t charge any monthly, and has a transaction fee of 1%. That 1% is also returned to you as CoinJar rewards for every transaction. What does that mean?

For each AUD 1 a user pays in transaction fees, they receive 100 CoinJar reward points. Users can use these reward points to cover most future trades or redeem them in the CoinJar Rewards Store.

Fees and pricing are:

  • CoinJar Card (digital versions) – FREE
  • CoinJar Card (physical version) – FREE
  • Monthly and annual fees – FREE
  • In-store and online purchases – 1%
  • ATM withdrawals – 1%

How can one get a CoinJar Card? First, users have to open their CoinJar app, select the Card icon at the bottom and their card will be ready to go in seconds.

CoinJar isn’t the only service offering cryptos in Australia. Recently, CryptoSpend has also launched its crypto debit card by VISA in Australia.

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