Hashbank review

The Hashcard has a monthly fee of GEL 0, so the account is free to keep open. Spending runs through a debit card on the visa network, and what comes back for that spending is 0.5% in cashback.

It is a debit card running on the visa network, issued by JSC Hash Bank in Georgia. Being a debit card, it draws directly from the bank balance, so there is no separate card balance to top up and no card credit to repay.

Custody is custodial, so the bank keeps the balance rather than the cardholder. That is the clearest trade-off in the account: security rests on the licence holder and its systems, while the cardholder gives up direct control of the underlying holdings.

The card is issued under a National Bank of Georgia licence, 405555359, and the issuer is JSC Hash Bank in Georgia. That puts the account under Georgian banking supervision, so the money side is a regulated bank account rather than a platform balance.

Support runs on email, chat and phone. A phone line is the quickest route for a blocked card, while the help centre is the place to check terms such as the GEL 0 monthly fee and what the crypto, virtual card and travel features cover.

The listed features are crypto, virtual card and travel, which covers crypto use, a virtual card and travel. That makes it a spending card for daily life and trips, rather than a general exchange account with a long token list attached.

On account cost they sit level: Hashbank's monthly fee is GEL 0, Monzo Flex's is £0 and Wise's is £0. The difference is what the card does, since Hashbank pairs a debit card with custodial crypto handling.