Telda review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Telda is a prepaid Mastercard from an Egyptian app, and it suits anyone in Egypt who wants a crypto card with a monthly fee of EGP 0. It is a simple single market option, so people who need multi currency accounts or wider crypto card choice should look further.
Pros and cons
Pros
- Monthly fee of EGP 0 on the prepaid card
- Prepaid card type, listed as prepaid, so spend is capped by the balance you top up
- Mastercard network, so the card works at mastercard merchants and cash machines
- Supervised by the Central Bank of Egypt
Cons
- A prepaid card cannot be overdrawn, so a large purchase can fail if the balance is short
- The card is built for the Egyptian market, which limits spending abroad compared with multi currency rivals
- The monthly fee figure alone says nothing about the crypto conversion cost, so fees on top ups need checking before you commit
Who it suits
- People living in Egypt who hold crypto and want to spend it at everyday merchants
- Cash users who want a Mastercard with no monthly charge to clear
- Anyone who prefers a prepaid balance they top up rather than a credit line
Who should look elsewhere
- Travellers who need one account holding several currencies, where Wise fits better
- Shoppers who want to spend beyond their balance, since a prepaid card cannot cover it
- Buyers who want a broad crypto exchange alongside the card, where Bitpanda offers the wider platform
The company behind it
Telda is based in Egypt and was founded in 2021, so it is a young fintech rather than an established high street bank. It is supervised by the Central Bank of Egypt, which is the name to look for when you want to know who is watching over the account. The card itself is prepaid, and the app is the main place you manage balances and payments from.
How Telda compares





Bitpanda charges a monthly fee of €0 and pairs the card with a wider crypto platform, so it suits buyers who trade as well as spend.












Where Telda is available
- Available
- Egypt
- Licence in Egypt
- Central Bank of Egypt, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does the Telda card cost each month?+
The monthly fee is EGP 0, so there is no standing bill to clear every month. That suits anyone who wants a crypto card without a recurring charge. The fee figure does not cover what you pay when crypto is bought, sold or converted, so check those rates separately.
What kind of card is Telda?+
Telda issues a prepaid Mastercard, and the card type is listed as prepaid. You load the balance first, then spend from it, so there is no borrowing and no interest to repay. It runs on the Mastercard network, mastercard, so it is accepted at most card merchants and cash machines.
Is Telda regulated?+
Yes. Telda is supervised by the Central Bank of Egypt, the regulator listed for the brand in Egypt. That oversight means the account sits inside the country's financial rules rather than in an unregulated grey area. Look for the regulator name when you compare cards in the region.
Can I spend more than my Telda balance?+
No. Because the card is prepaid, spending is limited to the balance you have loaded. A purchase above the available amount can be declined, which is the main trade-off against a debit card that draws on a bank balance. Top up before a large purchase if the payment is important.
Where can I use the Telda card?+
The card is built for the Egyptian market, where Telda is based in Egypt. It runs on Mastercard, mastercard, so it is accepted at card merchants, though use abroad depends on the account terms. If you travel often and change currency, a multi currency account suits that better.
Who does Telda suit?+
Telda suits people in Egypt who already hold crypto and want to spend it without a monthly charge. The prepaid balance also suits anyone who prefers to cap what is at risk on the card. People who want to buy, hold and trade a wide range of coins may prefer a full platform.
Does Telda work like a bank account?+
Not in the same way. A prepaid card gives you a loaded balance for spending, while a bank account lets you hold money and earn or pay it out later. Telda was founded in 2021 and is supervised by the Central Bank of Egypt, but the card model is narrower than a current account.
Sources
- fintechnews.ae/13711/fintechegypt/egypt-money-app-telda-r... checked September 26, 2026
Backs: Founded
“Telda was founded in 2021 by transportation app SWVL co-founder Ahmed Sabbah”
- telda.app checked September 26, 2026
Backs: Monthly fee, Card network, Licences
“get it instantly at zero fees - Telda card”
- telda.app/legal/terms/index.html checked September 26, 2026
Backs: Card type
“It is a prepaid card issued through the Banque Du Caire under the MasterCard Foundation”
- zoominfo.com/c/telda/545851578 checked September 26, 2026
Backs: Headquarters
“based out of Cairo, Egypt”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Telda
Spending and withdrawing crypto in Egypt from a prepaid Mastercard with no monthly charge.