Fees and limits
Clear pricing. Anything still to be confirmed is marked as such and will be published before public launch.
This page is the short version. The binding document is the Fee Schedule; if anything here differs from it, the Fee Schedule applies.
Card issuance
| Item | Fee |
|---|---|
| Virtual card (valid 5 years) | $25 |
| Physical card | $250, charged to your balance when you order. Collection at the Dubai office — free; delivery to another country — the fee depends on the country and is shown in the app when you order |
| Card replacement after loss or expiry | Virtual — free. Physical — paid; the fee is shown in the app when you order |
| Monthly / annual service fee | $3 per month |
| Inactivity fee | None |
Top-up
| Item | Value |
|---|---|
| USDT top-up (TRC20, BEP20) | 3.5% of the amount |
| Network fee (gas) | Paid by the sender |
| Minimum top-up | 25 USDT; a smaller transfer is credited with a $5 fee |
| Conversion rate | 1 USDT = 1 USD |
| Credited after | 20 network confirmations |
Card transactions
| Transaction | Fee |
|---|---|
| Payment in the card currency (USD or HKD) | No currency conversion and no fee |
| Payment in another currency | Visa card scheme rate on the processing date, Magic Pay markup — 0%. The amount is shown in the app before you confirm. |
| ATM withdrawal (physical card) | 2% of the amount. The ATM operator may charge its own fee. |
| Transaction dispute | Free |
Limits
| Limit | Value |
|---|---|
| Virtual cards per account | Up to 5 |
| Physical cards per account | Up to 3 |
| Minimum top-up | 25 USDT; a smaller transfer is credited with a $5 fee |
| Maximum balance | No limit |
| Daily and monthly spending | $2,000,000 per month; no daily limit is set |
| Single transaction | Up to $200,000 |
| ATM withdrawals per day and month | $50,000 per day; no monthly limit is set |
Your current limits are always visible in the app. The issuing partner may apply additional limits, which are also shown there.
Blocked merchant categories
As with any card, some merchant categories are blocked. A payment in one of them will be declined:
- Gambling and lotteries
- Buying cryptocurrency
- Cash advances and quasi-cash transactions
- Adult goods and services
The issuing partner may extend this list. The full legal version is in the Fee Schedule and the Cardholder Agreement.
Magic Pay is not a bank. Your balance is not a deposit and is not covered by any deposit insurance scheme.