Veritas Mastercard review

The monthly fee is €0, so there is no recurring charge for keeping the card. That matches the monthly fee at £0 on Monzo Flex and £0 on Wise. The figure to watch is the conversion fee, since holding the card costs nothing.

Changing currency costs 1.99%, well above the 1% median across the cards in our data, and it sits just under the 2.2% upper quartile. A currency change is a real cost here, so conversion is the part to budget for.

It is a prepaid card, so the balance is what you have loaded on it rather than money held in a current account. Debit cards account for 73.4% of the cards in our data and prepaid cards for 21.2%, so prepaid is the smaller group here.

Spending runs on mastercard, and 38.9% of the cards in our data sit on that same network, so acceptance is broad rather than limited to a single market. Only 3.3% of the cards in our data run on a local network, so this card sits in the mainstream group.

Yes, a virtual card is part of the feature set virtual card and crypto, which pairs with crypto spending. It suits online payments and subscriptions where you would rather not hand over the physical card, and it runs on the same mastercard network.

On the monthly fee they are level: €0 here, £0 on Monzo Flex and £0 on Wise. On currency conversion the gap is wide, with 1.99% on this card against 0% on the Bitpanda card.

Because the two costs are ranked apart. It sits at 1 of 379 cards on monthly fee, at the free end of the field, and at 150 of 237 on conversion, near the back. Holding it costs €0; changing currency costs 1.99%.