Kemy Card lets you spend more money in a day than most payment card providers let you spend in a month. But it comes with steep fees that might repel some users. Stick right until the end if you are curious whether this cryptocurrency payment card is worth your money.
What is Kemy Card crypto
Kemy Card is a prepaid crypto debit card you can use to pay for your favourite online subscriptions. How it works is that you deposit crypto or local currency into your account, and Kemy automatically displays it as a USD-denominated balance.
Kemy Card Supported Countries
Kemy Card is available in 173 countries except Iran, Syria, and North Korea, where the card is prohibited. The only other exception is Russia, where Kemy Card’s regulatory status is unclear.
Where can I use the Kemy Card
Kemy issues its cards through Mastercard. This means that no matter which continent you are in, you can use Kemy card to pay at 99% of merchants who accept Mastercard. It also means you can use a Kemy Card at 99% of ATMs.
How do I get the Kemy Card
The process to apply for your Kemy Card is simple, and you can get the virtual card up and running in under 5 minutes:
- Step one: Open the KemyCard website.
- Step two: Register your account with an email address.
- Step three: Click on Create Card
- Step four: Verify your email before you can create a card.
- Step five: Deposit funds using mobile money or crypto.
- Step six: That’s it. You can now spend at millions of merchants worldwide.
Kemy physical card is a limited edition of 1300 cards. At the time of writing, the preorder window is closed, but it is expected to open in the coming months. That said, you can follow these steps to order the physical KemyCard.
- Step one: Find Order Physical Card in the left navigation panel
- Step two: Click on Order Card
- Step three: Fill in your basic information and proceed
- Step four: Complete additional secuirty measures
- Step five: Click apply and wait for news on your approval
Kemy Card fees and limits explained
These are the fees associated with Kemy Card
| Category | Virtual | Physical |
| Issuance | $15 (valid for 3 years) | $250 including DHL Express shipping |
| Monthly fee | $2 | $10 |
| Top-up fee | 5% | $1.5 < $100
1.25% > $100 |
| Transaction Fee | 3.5% + $1 flat fee | Free |
| FX | Free (May incur network fees) | Free (May incur network fees) |
Kemy Card Transaction Limit
Spending limits associated with Kemy Card
| Category | Virtual | Physical |
| Maximum deposit | $100,000 | $400,000 |
| Minimum deposit | $5 | $10 |
| Max amount per transaction | $10,000 | $25,000 |
| Daily spend limit | $20,000 | $50,000 |
| Max number of cards | Unlimited | One per cardholder |
| ATM daily limit | Nil | $500 |
| ATM monthly limit | Nil | $15,000 |
Pros of Kemy Card
- Google and Apple Pay
- Convenient for digital marketers
- High spending limits
Cons of Kemy Card
- Fees eat into your spending limit
- Could do a better job clarifying its KYC policy. If you don’t know better, many websites will fool you into thinking it’s a no-
- KYC card. But I did my research and found it is indeed a KYC card through the website.
Kemy Card’s primary features
Basic features of the Kemy Card
eKYC required
Kemy originally built its name as a no-KYC card with high spending limits, but I guess the policy has shifted with its growth in the US market. This is because a lot of websites and ads for Kemy will say no KYC. But information on the live card page says different. The main takeaway is that if spending on yourself is a deciding factor for you, then Kemy may not be the best choice.
Crazy high spending limits
Kemy Card spending limit is crazy high. Physical cardholders can spend $50,000 in a single day and$400,000 in a single month. For the virtual card, these figures are around $20,000 in a single day and $100k each month.
Self-custody
Kemy is a self-custodial wallet, so the platform and its banking partners hold all user fiat and crypto funds.
Unlimited virtual cards
Kemy stands out because it is one of the only providers that issues unlimited virtual cards. That opens up a completely different way to manage online payments. Now, you can assign separate cards for subscriptions, one-time purchases, or even specific platforms.
Supported currencies
Kemy Card supports the following currencies.
- Fiat: USD by default
- Cryptos: BTC. ETH. XMR, BNB, AVAX, SOL and a dozen others
Kemy lets you fund your card using mobile money transfer, Cryptomus coin deposits and regular bank card deposits. How it works is that all deposits are automatically converted to USD, after which you can proceed to create and top up your cards.
But for non-USD payments, standard Mastercard or Visa FX fees apply.
Global spending access
With Kemy Card, you can spend anywhere Visa or Mastercard is accepted, both online and in-store. You can also link the card to Apple Pay and Google Pay.
Kemy Card Security Measures
These are some of the features Kemy Card implements to ensure maximum security of user assets.
KYC completion
Before you can get the card, Kemy requires full eKYC verification through Sumsub. This includes a government-issued ID and a facial recognition check to confirm you are a real person.
Anti Money Laundering
Kemy runs real-time monitoring on all crypto transactions, which means your deposits are actively screened before they even settle.
Card freezing
Kemy lets you freeze and unfreeze your card directly from the dashboard. This is one of those features you do not think about until something goes wrong. If your card details are compromised or you notice suspicious activity, do not hesitate to shut it down instantly.
Card blocks after 5 declined transactions
Kemy automatically blocks your card after five consecutive declined transactions. This is designed to stop repeated unauthorised attempts, but it can also catch you off guard if you are troubleshooting a payment issue.
If your card suddenly stops working after multiple failed attempts, this is likely why.
Face ID
As part of its verification process, Kemy Card uses facial recognition and liveness checks to confirm user identity. This goes beyond just uploading an ID. You are required to prove that you are physically present during verification.
What’s to like about the Kemy crypto card
The best thing about the Kemy crypto card is its high spending limits. It is hard to find a Mastercard payment card that lets you spend $50,000 in a single day. Apart from that, Kemy Card is accepted anywhere Mastercard is supported, which means you can use it for everyday payments, subscriptions, and even large transactions. Another thing I like is that Kemy lets you generate unlimited virtual cards. This is a big deal if you are the kind of person who likes to allocate specific cards for specific expenses.
Final thoughts: Who should get the Kemy Card and Why
To summarise, Kemy Card is a crypto-linked payment card that lets you spend $20,000 to $50,000 per day, depending on your card tier (virtual or physical). Get Kemy Card if you are a:
- Big spender: Kemy Card has a $400,000 monthly limit.
- Digital marketers: Thanks to its high spending limit, Kemy Card also makes sense to get if you want to recharge ad accounts like Facebook Ads or Google Ads.
- High volume businesses: Lastly, Remy Card is a good choice for people who buy and sell goods in volume.
