Moniepoint review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Moniepoint is a free to hold bank debit card for everyday spending in Nigeria, regulated by the Central Bank of Nigeria, with a monthly fee of NGN 0. It suits readers who want a plain bank card rather than a crypto card, though support runs on chat and help centre only.
Pros and cons
Pros
- The monthly fee is NGN 0, so holding the account is free.
- The account is run by Moniepoint Microfinance Bank Limited and regulated by the Central Bank of Nigeria.
- The card is debit, so spending comes straight from the bank balance.
- The monthly fee of NGN 0 sits alongside £0 at Monzo Flex, £0 at Wise and €0 at Bitpanda.
Cons
- Support runs on chat and help centre only, with no phone line listed.
- The card is debit and draws on a bank balance, so crypto holdings are not what the card spends.
Who it suits
- Anyone in Nigeria who wants a free to hold debit card for day to day spending.
- Readers who put the safety of the money first and want a bank behind the account.
- People who are happy to handle support through chat and help centre.
Who should look elsewhere
- Not for readers who want a card that spends crypto holdings: the Moniepoint card is debit and spends the bank balance.
- Not for anyone who needs phone support: Moniepoint runs on chat and help centre only, so readers who want a phone line should check the channel list on providers such as Monzo Flex and Wise first.
- Not for readers who price everything in pounds: the Moniepoint fee of NGN 0 is in naira, while Wise lists £0 and Monzo Flex lists £0.
The company behind it
The account is run by Moniepoint Microfinance Bank Limited, and the business was founded in 2019. Questions are handled through chat and help centre, so support runs in the app and in the help centre rather than by phone. The legal name shows a microfinance bank, which is why this is a bank product and not an exchange account.
How Moniepoint compares
8.5 vs 9.4
8.5 vs 9.0
8.5 vs 8.2
8.5 vs 9.5
8.5 vs 9.6
8.5 vs 9.0
8.5 vs 9.1Bitpanda lists a monthly fee of €0 in euros, for readers who price their card in euros.
8.5 vs 8.9
8.5 vs 8.1
8.5 vs 8.2
8.5 vs 9.5
8.5 vs 9.4
8.5 vs 9.2
8.5 vs 9.1
8.5 vs 9.0
8.5 vs 8.9- 8.5 vs 8.8
8.5 vs 8.8
8.5 vs 8.6
8.5 vs 8.5
8.5 vs 8.3
Where Moniepoint is available
- Available
- Nigeria
- Licence in Nigeria
- Central Bank of Nigeria, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Is Moniepoint regulated and who holds the money?+
The account is regulated by the Central Bank of Nigeria, and it is run by Moniepoint Microfinance Bank Limited. The balance sits in a Nigerian bank account rather than with a crypto exchange, so the safety of the money rests on the bank licence. Readers in other markets should check their own regulator.
What kind of card does Moniepoint issue?+
It is a debit card, which draws on the balance in your bank account each time you pay. There is no separate prepaid balance to top up and no crypto holding attached to the card. That makes it an everyday spending card rather than a card built for digital assets.
How do I get help from Moniepoint?+
Support runs on chat and help centre, so questions go through the in app chat or the help centre. There is no phone line listed, which matters most when a payment is stuck. The help centre is the place to start for account questions that come up while setting the card up.
Who runs Moniepoint and how long has it existed?+
The account is run by Moniepoint Microfinance Bank Limited, and the business was founded in 2019. It is a bank operation rather than a crypto business, which is why the card is set up as a bank product. The legal name and the founding year tell you what sits behind the card.
How does the Moniepoint monthly fee compare with other cards?+
Moniepoint charges NGN 0 a month. Monzo Flex lists £0, Wise lists £0 and Bitpanda lists €0, so the monthly cost is not what separates them. Currency is the bigger gap, since each figure is quoted in a different currency.
Can I spend crypto with the Moniepoint card?+
Not directly. The card is debit and is issued by Moniepoint Microfinance Bank Limited, so it spends the balance in your bank account. There is no crypto holding or crypto spending built into the card. Readers who want to pay with digital assets should compare providers built for that and treat this as a banking card.
What does it cost to spend in another currency?+
The monthly fee of NGN 0 says nothing about conversion, and the account is quoted in naira. Across the cards on this site the median currency conversion fee is 1%, so that is the number to check before spending outside the home currency.
Sources
- moniepoint.com/about checked September 26, 2026
Backs: Founded
“In 2019, Moniepoint set out to even the odds”
- moniepoint.com/banking checked September 26, 2026
Backs: Monthly fee
“We offer business owners and their customers a free bank account - Banking”
- moniepoint.com/ng/about checked September 26, 2026
Backs: Licences
- moniepoint.com/ng/contact checked September 26, 2026
Backs: Legal entity, Support channels
“Moniepoint Microfinance Bank Limited is authorised and regulated”
- moniepoint.com/ng/digital-banking checked September 26, 2026
Backs: Card type
“Get an instant debit card that works - Personal Banking app”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.