Monaco, a payments and cryptocurrency platform, announced on Friday it has rebranded to CRYPTO.com and has unveiled its new MCO Visa Card portfolio along with MCO Private service. The digital currency portal reported that the updated card portfolio will now include three new offerings, which are Icy White (new 5,000 MCO Tier), Jade Green, and Royal Indigo. While sharing details about the offerings, Kris Marszalek, Co-Founder and CEO of CRYPTO.com, stated:
“We’re pleased to introduce our updated portfolio of MCO Visa Cards along with a full suite of services, including an exclusive cryptocurrency concierge service, MCO Private.”
CRYPTO.com revealed by pairing with the MCO Wallet App, the MCO Visa Card will enable users to spend cryptocurrency at more than 40 million locations worldwide that accept Visa. The list of cardholder benefits challenges the world’s best credit cards. MCO cardholders are now able to:
- Enjoy a metal card without monthly or annual fees, with free shipping
- Receive up to 2 percent cash back on card purchases and enjoy unlimited airport lounge access with LoungeKey for select cards
- Spend overseas with perfect interbank exchange rates
- Participate in Platinum Referral Reward Program, a unique peer referral program, offering up to a never-before-seen US$10,000 sign-on bonus per cardholder
- Earn rewards with industry-leading Crypto Wallet Cashback, a program offering up to 1% cashback rewards for all purchases and exchanges of cryptocurrency in the MCO Wallet
CRYPTO.com also noted that MCO Private caters to the MCO Visa Platinum Obsidian Black and Icy White cardholders. Its services are tailored to the needs and interests of high-net-worth clients in the crypto space, offering both specialized services and access including:
Advice on digital asset custody services- Assistance with Over-the-Counter (OTC) transactions
- Exclusive access and invitations to industry events, including meetings with industry thought leaders
- Preferential allocation terms for competitive investment opportunities
- Dedicated customer support via phone and IM
The platform further explained:
“MCO Private clients are eligible for the MCO Private concierge service as long as their MCO tokens remain locked up. Both the Icy White card and Obsidian Black cards can be reserved through the MCO Wallet App by locking up the respective 5,000 or 50,000 MCO required MCO tokens.”
The MCO Visa Cards are currently undergoing global testing prior to shipping in Asia, Europe, and the U.S.