N58 Banco Digital review

The monthly fee is VES 0.10. It compares with a £0 monthly fee at Monzo Flex, a £0 monthly fee at Wise and a €0 monthly fee at Bitpanda. The card itself is a debit card on mastercard, so the monthly charge is the recurring cost to weigh against everyday spend.

The currency conversion fee is 0.2%. The median across the site is 1% and the upper quartile reaches 2.2%, so the rate here sits on the cheaper side. It still places 100 among 237 brands on this measure, with the lower quartile of the field at 0%.

It is a debit card on the mastercard network. Debit accounts for 73.4% of the card types on the site, and Mastercard for 38.9% of the networks. The network decides where the card is accepted at a terminal and matters most abroad, where the 0.2% conversion charge applies.

Support runs on phone, chat and email. A help centre is the channel on 79.6% of the brands here, while chat is used by 34.9%. Card problems can be raised by phone, in chat or by email using the contact details published with the account.

The account is run by N58 Banco Digital, S.A.. The brand presents itself as a digital bank rather than a crypto exchange, and the products listed are a debit card on mastercard plus help on phone, chat and email. The monthly fee of VES 0.10 is charged by that same entity, so the name is worth checking against your own account documents.

It suits people who want a Mastercard debit card for daily spending, a 0.2% conversion charge and a VES 0.10 monthly fee. It does not suit readers shopping for a crypto exchange or a self-custody wallet, since the products listed here are a bank card rather than a trading venue. Bitpanda and Wise belong on a shortlist for those needs.

Monzo Flex lists a £0 monthly fee, Wise a £0 monthly fee and Bitpanda a €0 monthly fee for its card. N58 Banco Digital charges VES 0.10 each month, so the monthly side of the field is tight. Conversion costs vary far more widely, with a site upper quartile of 2.2%.