Bitcoin Forum

Economy => Exchanges => Topic started by: newIndia on November 28, 2015, 11:51:52 PM



Title: Looking for some feedback regarding bitcoin debit card WageCan
Post by: newIndia on November 28, 2015, 11:51:52 PM
Anyone tried them - www.wagecan.com ?


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: achow101 on November 28, 2015, 11:53:11 PM
I have one of their virtual debit cards. It works great, it just takes some time for the card to activate and the balance on the website does not update very frequently.


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: newIndia on November 29, 2015, 12:02:37 AM
I have one of their virtual debit cards. It works great, it just takes some time for the card to activate and the balance on the website does not update very frequently.

Which exchange rate do they follow ? Does the BTC deposit get immediately converted to USD or the conversion takes place at the time of use ? Have you tried their physical debit card, which can be used in ATM ?


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: achow101 on November 29, 2015, 12:20:04 AM
I have one of their virtual debit cards. It works great, it just takes some time for the card to activate and the balance on the website does not update very frequently.

Which exchange rate do they follow ? Does the BTC deposit get immediately converted to USD or the conversion takes place at the time of use ? Have you tried their physical debit card, which can be used in ATM ?
They say the exchange rate is a rate they calculate on their own. It includes a fee in it.

The deposits are converted after a few confirmation (IIRC 3 conf.) so it is really a prepaid card.

I have not used the physical debit card.


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: armadilo on November 29, 2015, 12:36:42 AM
Did you read their Faqs? if not than You better read them Simply its a (Shit Card).

Why?:

To load your card you need to wait more than one day  :P

Hidden fees (Read Faqs carefully!)


E-coin is the best ... (i think).


Good luck.


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: ashly on November 29, 2015, 12:40:09 AM
I have one of their virtual debit cards. It works great, it just takes some time for the card to activate and the balance on the website does not update very frequently.

Which exchange rate do they follow ? Does the BTC deposit get immediately converted to USD or the conversion takes place at the time of use ? Have you tried their physical debit card, which can be used in ATM ?
They say the exchange rate is a rate they calculate on their own. It includes a fee in it.

The deposits are converted after a few confirmation (IIRC 3 conf.) so it is really a prepaid card.

I have not used the physical debit card.

They said xapo is the best bitcoin debit card,  it is easy to paybills and encash the money


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: newIndia on November 29, 2015, 10:00:42 AM
They say the exchange rate is a rate they calculate on their own. It includes a fee in it.

The deposits are converted after a few confirmation (IIRC 3 conf.) so it is really a prepaid card.

I have not used the physical debit card.
Thanks for the detailed info.

E-coin is the best ... (i think).
They said xapo is the best bitcoin debit card,  it is easy to paybills and encash the money
Neither e-Coin nor Xapo serves in India.


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: teddy5145 on November 29, 2015, 10:23:52 AM
I have one of their virtual debit cards. It works great, it just takes some time for the card to activate and the balance on the website does not update very frequently.
Is it safe to verify your paypal with their virtual cards?
Im searching a virtual cards that can verify paypal without getting limited paypal :(


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: Transisto on April 14, 2016, 05:56:36 PM
Does anybody know if there are other ways to fund the card than by paying Wagecan's ridiculous 4.15% that's hidden in their load rate ?


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: MarbleBoss on April 14, 2016, 07:10:17 PM
Does anybody know if there are other ways to fund the card than by paying Wagecan's ridiculous 4.15% that's hidden in their load rate ?
4.15% hidden fee? How do u derive that? Does it include their foreign exchange conversion cost?


Title: Re: Looking for some feedback regarding bitcoin debit card WageCan
Post by: laudaQW on April 15, 2016, 09:30:45 PM
very costly, hidden fees feeling confused