How is XAPO getting away with this bull*hit?!

[farlack]

That line is specifically talking about using the card with a merchant and you know it is

Whats this? A bitcoin technology company that is a new company who is bringing everything everyone wanted to the table? A mother fucking bitcoin debit card.. And the only thing mentioned is how much of a scumbag they are because they said there isn't a fee to 'use' the card, but forgot to mention the fee to maintain the account?

Burn them at the stake.

No. You keep assuming they used the word "Use" which I clearly am proving otherwise. I didn't assume they meant just for use and didn't expect a monthly service charge. Why the hell would I expect a monthly service charge when they stated otherwise and many traditional banks don't even charge that for a debit card? I, along with many others were mislead because we read and interpreted their words as they wrote them(and not how you are reading into them).

Traditional banks such as who? Just about ever bank charges you for a checking account.


The fact that the help pages clearly says the word 'use'




The fact is they forgot to mention the maintenance fee. No where is it stated that there isn't going to be one, nor that there will be one.
....


Show me where it says there wont be a maintenance fee.. It's only talking about a service fee when buying something from a merchant.

A bypass on both the company.. And the OP that didn't register using isn't the same thing as maintaining.

[inBitweTrust]

That line is specifically talking about using the card with a merchant and you know it is

Whats this? A bitcoin technology company that is a new company who is bringing everything everyone wanted to the table? A mother fucking bitcoin debit card.. And the only thing mentioned is how much of a scumbag they are because they said there isn't a fee to 'use' the card, but forgot to mention the fee to maintain the account?

Burn them at the stake.

No. You keep assuming they used the word "Use" which I clearly am proving otherwise. I didn't assume they meant just for use and didn't expect a monthly service charge. Why the hell would I expect a monthly service charge when they stated otherwise and many traditional banks don't even charge that for a debit card? I, along with many others were mislead because we read and interpreted their words as they wrote them(and not how you are reading into them).

Traditional banks such as who? Just about ever bank charges you for a checking account.


The fact that the help pages clearly says the word 'use'




The fact is they forgot to mention the maintenance fee. No where is it stated that there isn't going to be one, nor that there will be one.
....


Show me where it says there wont be a maintenance fee.. It's only talking about a service fee when buying something from a merchant.

A bypass on both the company.. And the OP that didn't register using isn't the same thing as maintaining.

Are you serious? You aren't only quote mining within the answers but quote mining between answers.
They said -
"Does the Xapo Debit Card carry any additional fees?"
The answer was no and further explained that merchants would take care of all fees outside the initial 15.

So are you suggesting all the "additional fees" they added just recently aren't technically "additional fees" as they originally said their would be none of?

Their are many banks and credit unions  that don't charge monthly maintenance fees. Xapo is a internet bank as well, it is uncommon for internet banks without tons of physical locations to have maintenance fees. Many internet banks have no monthly fees and even may pay interest on checking accounts.

a few examples amongst many - http://money.cnn.com/galleries/2011/pf/1110/gallery.best_banks_checking/

[farlack]

Really how many online banks have you had? I've had about 50-60 greendot cards. I was charged these same fees by Every. Single. One.
Please let me know how many you have had.


You're still failing to show me where it says there is no maintenance fee. It says there isn't a fee to use the card. I doesn't say anyone show me one, just a single line where is says there isn't a maintenance fee. It only states there isn't a fee to use the card. In the same fucking line.

[inBitweTrust]

Really how many online banks have you had? I've had about 50-60 greendot cards. I was charged these same fees by Every. Single. One.
Please let me know how many you have had.

greendots are prepaid cards you can get without ID  , and not what I'm talking about....

As far as internet banks with no monthly fees that I have personally have used in the past

x.com (bought by paypal later) - online bank - no monthly fees , and earned interest on checking
Currently use - paypal - - online bank-  no monthly fees
ally.com - - online bank -  no monthly fees, and earned interest on checking
citibank -  - online and physical bank- no monthly fees


I have also used many local credit unions (online and physical) in the past , none of which had monthly fees.

You're still failing to show me where it says there is no maintenance fee. It says there isn't a fee to use the card. I doesn't say anyone show me one, just a single line where is says there isn't a maintenance fee. It only states there isn't a fee to use the card. In the same fucking line.

"Does the Xapo Debit Card carry any additional fees?"
The answer was no and further explained that merchants would take care of all fees outside the initial 15.

Look if they worded the above question to say this:


"Does the Xapo Debit Card carry any additional fees when used?"

I would claim that they were being misleading but not blatantly dishonest, but they didn't. "Additional fees" in my definition means what it says it means"additional fees"... you have some warped sense of logic assuming that all the other "additional fees" they added at the last moment (remember we are also talking about new "usage fees" too which you fail to mention) categorically don't fall under the classification of "additional fees" and than justify your logic by quote mining between separate questions and extrapolating that to fit your definition.

[CryptoPanda]

farlack, u mad bro?!?!?!
Can you just admit you were wrong. Im amazed to what lengths you would go to defend your wrong point.
Are you a lawyer or something? Just have some dignity and admit that you didn't read inBitweTrust perfect explanation and just kept blablabing because you had nothing better to do or something.

[Elwar]

Meh, I'll still get it though hopefully competition will kill the monthly fee. A decent rise in the BTC price will make $5 a month seem like nothing.

I pay $150 per year for my Amex. I'll just drop that and use Xapo.

[inBitweTrust]

Meh, I'll still get it though hopefully competition will kill the monthly fee. A decent rise in the BTC price will make $5 a month seem like nothing.

I pay $150 per year for my Amex. I'll just drop that and use Xapo.

Part of me agrees with you and the other side thinks that these "bridges" are slowing the adoption of merchants accepting direct btc payments by propping up old payment methods. I would rather have BTC users ask a business if they accept BTC, encourage them to accept it, and than reward the merchants that accept BTC directly by shopping there.

[CryptoPanda]

Here it is for the too lazy to click and read ones

http://imgur.com/8iQdaiX

[BawsyBoss]

This is news to me. I was quite excited with the single $15 fee. I guess it was too good to be true. I don't plan to get these any time soon.

[BawsyBoss]

I just read their blog post about this. It seems like their partner is charging a monthlly fee but Xapo is goin to reimburse it to account holders.

[inBitweTrust]

I just read their blog post about this. It seems like their partner is charging a monthlly fee but Xapo is goin to reimburse it to account holders.

http://blog.xapo.com/post/93814554629/xapo-debit-card-fees-and-shipping-update

Yes, this is good .... but with their poor execution and roll-out of this they have lost my confidence in them as a company.

Seems like they were testing the waters to see if the community would roll over and accept the changes and than when users responded unkindly they back-peddled and are promising to credit the monthly fee until they can secure a better arrangement with a bank(which may or may not happen).

I thought it was a good backup to use and thus initially ordered one and placed some assets with them .... now I am going to focus my full attention on getting merchants to accept BTC directly instead of using bridges like these.

[CryptoPanda]

Yeah and they are not even shipping for free as stated previously. So, there are people that paid $15 and are now stuck with the fees?

[inBitweTrust]

Yeah and they are not even shipping for free as stated previously. So, there are people that paid $15 and are now stuck with the fees?

No, the plan all along was a onetime 15usd fee for shipping. It is sill unclear as to if they are just crediting the monthly fee or 100% of all fees with bitcoin on their new fee schedule. It shouldn't be unclear , but I no longer know if you should take their words literally or interpret them in unusual ways. This is a perfect example of what not to do with a product launch and really poor communication skills from a company. Reminds me of Mtgox.

[CryptoPanda]

yep, they are sloppy.
And people are supposed to trust them with their bitcoins?
I can't imagine what their super secure vault would be like.

So, dissapointing

[Furio]

So a normal anon debit card from Poland is just as good.....

[zetaray]

If you are not happy with the fees, tell them about it and terminate the card. If there enough complaints, they may revise the fees. Thanks for the heads up, but I don't think they care about threads like these.

[inBitweTrust]

If you are not happy with the fees, tell them about it and terminate the card. If there enough complaints, they may revise the fees. Thanks for the heads up, but I don't think they care about threads like these.

Whether or not they do care, these threads are not for them but to warn the people who signed up under false pretenses.

[CryptoPanda]

So a normal anon debit card from Poland is just as good.....

Yeah, I saw that thread, but looks like a short term thing that will soon be cut off.

[dadugan]

Is XAPO anon? or can I apply one for my dog ?

[Perlover]

I just tried to order card.
Before they only wants phone number. Ok, i approved it. After they wants only address. Ok, i filled it.
After they wants document number and other personal info. Here i stopped already.
With every step I give new information about me... And i don't know what they ask me in next step. Scans of utility bills, bank statements?

I don't want the Xapo card. It's bullshit...

P.S. And i don't see there "Detele account". So my email, address and phone leaked tp Xapo forever. Fine!