GoTyme review

GoTyme charges 1% on currency conversion, which is the main cost to watch when you spend abroad or hold several balances. The account is multi-currency, so a conversion happens each time you move between currencies. For comparison, Wise charges 0.1% and Monzo Flex charges 0%.

GoTyme runs as GoTyme Bank Corporation and is regulated by Bangko Sentral ng Pilipinas (Bangko Sentral ng Pilipinas) in the Philippines, where it is based (PH). The money side therefore sits with a licensed bank rather than an offshore crypto platform, and the card is issued inside that regulated structure.

The card is a Visa debit card, so spending draws on the balance in your GoTyme account rather than a line of credit (visa). A virtual card also appears among the account features (multi currency, crypto and virtual card), which suits online subscriptions and travel bookings where a physical card is not wanted.

GoTyme lists 12 on Go Crypto, which runs as a custodial exchange (cex). That covers the coins most people buy, but the selection is far narrower than a large exchange, so check the list before you plan around a specific token.

GoTyme holds your crypto for you under a custodial setup (custodial). Buying and selling stay inside the Go Crypto account, which keeps the steps short, but the keys sit with the platform, so this suits people who prefer convenience over managing a wallet themselves.

Support runs on email, chat and phone, so phone, chat, email and a help centre are all available. Phone support suits card and account problems, while the help centre covers everyday questions about buying crypto and using the card while travelling.

The account bundles multi-currency balances, crypto, a virtual card and travel features (multi currency, crypto and virtual card), which is the main reason to pick it over a standalone exchange. The trade-off is a fixed setup: the buy list stays at 12 and the card stays on visa.

GoTyme was founded in 2022 and is based in the Philippines (PH), with its banking entity registered there. It is a domestic platform first, so anyone living outside the Philippines should check eligibility before opening an account.