Bank of Africa review

The monthly fee is MAD 25. That is a fixed charge for holding the card, and it is higher than the €0 median across the cards listed here, where most charge nothing. Budget for it as a standing cost, not a one-off.

It is a debit card, so spending comes straight from the bank account balance rather than a prepaid balance. Visa is the network, which is the most common one among the cards listed at 57.6%. Debit cards make up 73.4% of those listings.

It is positioned for students. Students are a small share of the cards in this listing, at 17.1%, compared with business cards at 64.6%. So the card is targeted rather than general.

The card is listed with multi-currency handling, which suits anyone who earns or spends in more than one currency. Conversion fees on cards in this listing sit at a median of 1%. Check the rate applied on the day you convert.

Support runs on chat and help centre, which means chat and a help centre. There is no phone or branch channel listed, so time-sensitive problems may take longer to sort. A help centre is the most common channel in this listing at 79.6%.

The provider is BMCE Bank of Africa, based in Morocco. It is a bank rather than a fintech, so the card is tied to a Moroccan bank account rather than to a crypto platform. It is worth checking the regulatory position for your own market before applying.

Monzo Flex charges £0 and Wise charges £0, so both are cheaper to hold than MAD 25 here. Bitpanda charges €0 as well. Most cards in this listing are free, at 79.5%.