Fyatu review

The personal account is priced at $1 a month, covering the account and its card. That sits above the £0 a month charged by Monzo Flex, Wise and Bitpanda. Budget for the charge before opening the account, since it applies every month you keep it.

Fyatu issues a virtual card, so there is no plastic to wait for and nothing to post. Details sit in the app instead. Anyone who wants a card in a wallet, or pays at a till that asks for a physical card, is looking at the wrong product here.

The card runs on visa. Acceptance follows that network, so it behaves like any other visa card at a shop or an online checkout. The network is listed with the card details, and the personal account price is set separately from it.

The account is listed as a virtual card and crypto, which pairs crypto with a card. The crypto side and the card side therefore sit together, rather than holding crypto in one place and paying out from a separate bank account. Readers who came for an ordinary debit card and found crypto added to it should look elsewhere.

On the monthly fee, not really. Fyatu charges $1 a month on the personal account, while Monzo Flex charges £0, Wise £0 and Bitpanda €0. Those two also set their fee in their own currency, so the comparison depends on where your money is held.

Fyatu suits readers who already hold crypto and want a virtual card to spend it from, and who are happy with an app only card. It suits them less if the monthly charge is the deciding factor, since $1 a month is more than the £0 charged by the free alternatives.

The personal account price is set in dollars at $1 a month. Monzo Flex and Wise list their monthly fee in sterling at £0, and Bitpanda lists €0 in euros, so readers outside the dollar zone should weigh the currency of the charge as well as the amount.