The 1inch Card Is Closing: My Verdict and What Cardholders Should Do With Their Balance

Updated October 2026

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If you are reading this looking for a card to apply for, stop here: the 1inch Card programme is being discontinued and new sign-ups are closed. That single fact shapes everything else on this page. What follows is not a verdict on a crypto card you might buy, but a review of a card that is winding down — what happened, what it means for money you may already have sitting on it, and where people who still need card access can go instead.

The conditions described here are current as of October 28, 2026.

I scored this card 4.4 / 10. That number is not a judgement of the product’s original design; it is a snapshot of what a card is worth to you today, and today a closed programme with a balance to recover is worth very little to someone still trying to spend. If you are an existing holder with funds loaded, the score is almost irrelevant — your problem is not which card is best, it is how to retrieve what is yours before the deadlines. I have written the sections in that order of importance.

Verdict: 4.4 out of 10, and the score is mostly about closure

The programme is closed, so the “Who can get it” line is not a near miss, it is a zero. Cost scored respectably (7/10) because the fees were genuinely low when the card was running, and everyday use scored well (9/10) because a physical and virtual Mastercard with mobile wallet support is a good shape for a card. Those two marks describe a card that worked. Reliability and complaints came in at 2/10, and that is the mark that, in practice, should decide this for you: a card being shut down, with a hard date by which balances should move, is the least reliable thing you can put your money into.

Who this card does not suit, plainly: anyone starting out. There is nothing to apply for. Who it still serves is narrower and more urgent: the existing holders who have a balance left and want it out. That is the reader I have written this page for, and if you have no 1inch card and no 1inch balance, the sections on what happened and what to do are the only ones you need.

One thing worth being honest about: the unofficial figures in that table — the free annual fee, the 0% FX, the 1.75% conversion fee — are the reason the card scored 7 and 9 on cost and everyday use, and they come from third-party aggregators, not from 1inch. The card’s own pages do not disclose them. I have kept them labelled throughout because they are still the best picture we have of what the card charged while it worked, but do not treat them as a promise from the company.

What happened to the programme

Here is the timeline as far as the public pages state it. The 1inch Card launched on 8 April 2024, built with Mastercard and with Crypto Life as the card provider; the launch post was later updated on 8 May 2026. Physical and virtual cards were issued, described at launch as running “powered exclusively by the Mastercard network.” Now a discontinuation notice says the programme is being discontinued, new sign-ups are closed, and users are advised to withdraw or spend their balance as soon as reasonably possible, with the furthest foreseeable date given as 18 December 2026. The notice itself carries no date, which is worth noting: we know the deadline, not how long we have known it.

The company behind the card matters here, because it tells you who to deal with and who holds your money. The balances sit in an e-wallet issued by Monavate — Monavate Ltd in the UK, UAB Monavate in the EU — which is an authorised e-money institution. The card provider is Crypto Life: Frozen Time UNIPESSOAL LDA in the EU, Baanx Group Ltd in the UK. 1inch itself is the brand on the front and the programme manager; it is not the entity holding your balance or issuing your card.

Some of the facts you may have read elsewhere are not on the card’s own pages, so treat them with care. According to third-party aggregators (unofficial, not confirmed by the card), the card was aimed at the EEA and the UK and was not offered in the US; KYC was required with a basic tier at lower limits; the annual fee was 0 USD; FX was 0% with a 1.75% crypto conversion fee on each transaction; Apple Pay and Google Pay were supported; and cashback was 2% in BXX or 1% in BTC/USDT chosen at purchase — that last one is reported inconsistently even by the aggregators, which disagree on whether the reward was in BXX or in 1INCH tokens. The card’s own notice says none of this. Where it is not stated, I am telling you it is not stated rather than filling the gap.

If you already have the card: get the balance out

This is the part that matters most, so read it carefully. The instruction from the programme is to sign in to your card account and withdraw or spend your balance as soon as reasonably possible. The furthest foreseeable date given is 18 December 2026. The company is explicit that these timelines are set by the issuer and provider, not guaranteed — which in plain terms means the date is a target, and the prudent reading is “sooner rather than later,” not “on 18 December.”

Where the money actually is, matters as much as the timing. Your balance sits in an e-wallet issued by Monavate, not by 1inch. That is a small comfort structurally, because it is a regulated e-money institution’s wallet rather than an exchange account, and the issuer’s card terms (section 16) say remaining e-wallet funds can be redeemed for up to six years after the account is closed. That is a real right and it is the single most reassuring fact in this review. It is also not the same as money in your hand today. Six years is a backstop, not a plan. Fees for withdrawal are not stated, so I cannot tell you what moving it costs; assume for now that you need to ask.

Getting help, if you need it, also follows a chain. Questions about your card balance, card status, KYC, account closure or personal data go to Crypto Life support — by email or through the chat inside the card account. If Crypto Life does not respond, you contact 1inch support with the request, the date and the channel you used; 1inch logs the case and escalates it, but cannot itself action an account-level request. Language and support hours are not stated. The card was managed in the Crypto Life card account on the web and in-account chat rather than in a dedicated card app, and app store ratings for the card are not stated either.

Some of what you might rely on is unofficial. Aggregators (not confirmed by the card) list an ATM fee of 2% with a 500 USD daily ATM limit, a daily spending limit of 8,000 USD, and the spendable assets as 1INCH, ETH, USDT, USDC, BTC, LTC, XRP and BXX; one directory gives EUR 8K daily and EUR 5K monthly instead. Networks are not named. At launch, the card was described as needing only “crypto in your 1inch Wallet,” converted to fiat at payment. None of this is on the closure notice. Refunds and disputes: the notice describes no refund or dispute process, so if a charge went wrong on this card, do not assume a route exists — ask Crypto Life what applies to your specific case.

My practical advice, in order:

• Move what you can out now rather than in December. The date is the furthest foreseeable point, not a safe one.
• Keep a record of every request you send: the date, the channel, who you wrote to, and what you were told. Given the reports of slow support, this is cheap insurance.
• Watch the closure notice for the issuer’s own timeline, because the 18 December 2026 date is the company’s stated target and the issuer sets the real one.
• If Crypto Life goes quiet, use the escalation route through 1inch support as described, and keep the evidence of your first attempt.

What can go wrong

The biggest risk is the simplest one, and it is not a scam or a hack: the card simply goes away, and if you have money on it when it does, getting it back is slower and more awkward than loading it was. That is the 2/10 on reliability in one sentence.

Behind that sit several things. The first is counterparty structure. Your funds are with Monavate, an authorised e-money institution, not with 1inch; an e-money institution is required to safeguard customer funds by segregating them in dedicated accounts or insuring them, but such funds are not the same as bank deposits and may not be covered by a deposit guarantee scheme. So the money is in a regulated place, but it is not a bank deposit with deposit-guarantee backing. Second, the card was run on custodial rails in the sense that mattered: funds were converted and loaded as a fiat balance by the programme, and the launch wording about custody was genuinely ambiguous, saying users keep control “while still retaining custody.” Two-factor authentication, card freeze and spending controls were not stated. Third, and most concretely, there are real user reports about this specific card. Trustpilot for 1inch overall showed 3.6/5 from 547 reviews when I read it on 20 October 2026, with only 6 of those reviews in the last 12 months, 79% five-star and 5% one-star, and the company replying to 16% of negative reviews. Within those, the card-specific themes are consistent and specific:

• A USDC deposit to the “1inch crypto card” confirmed on-chain but not credited (1 October 2026).
• A card transfer that never arrived (30 September 2026).
• A USDC deposit uncredited for more than 20 hours, with replies saying “under review” (1 September 2026).
• A withdrawal pending for more than 30 days (February 2026, relating to the wallet rather than the card).
• Slow, generic support replies (June 2025, October 2025, June 2026).

A note on the score itself: I have seen a 4.2/5 figure quoted from 543 reviews, but that comes via an aggregator; Trustpilot itself showed 3.6. The pattern of uncredited deposits matters more than the exact decimal, because it is exactly the failure you would worry about when you are trying to move a balance out of a closing account.

None of this is a prediction that you will lose money. It is a reason not to treat a closing card’s balance as storage, and a reason to start moving it today rather than on the deadline.

What to take instead

If the 1inch Card was on your shortlist because you need ordinary card access — and that is the situation this page is written for — the three live options I looked at are MetaMask, KAST and TokenPocket. Here is how they compare on the things that decide whether a card works for you.

How to read that table depends on which problem you have:

• If you want to spend directly from your own wallet without loading a balance first, MetaMask is the one built that way. It spends from the connected wallet across Linea, Base, Monad and Solana, and it is the strongest of the three on paper. Its catch is eligibility churn: sign-ups in the US and UK are temporarily closed even though 45 countries are open.
• If you want the broadest fee-free everyday spending with stablecoins, KAST is the most transparent on cost, and unusually explicit that USDC/USDT deposits convert 1:1 at 0% spread. Its catch is that the interesting tiers cost real money and KYC is strict about both residence and the nationality on your ID.
• If you want something simple and the deposit fee does not bother you, TokenPocket is the least complex, but its own pages leave several gaps (coins, networks and FX fees are not listed in its FAQ).

None of these is a like-for-like replacement for a card that no longer accepts applicants. Each has open questions of its own, and I would not tell you any of them is risk-free. What I can say is that each is a live programme you can actually apply to, unlike this one.

Who I would recommend it to

The honest answer to that question in 2026 is: to almost no one, and to a specific group of existing holders on a different errand.

I would not recommend the 1inch Card to anyone starting out, because there is nothing to sign up for. I would not recommend it to anyone weighing it as a way to hold funds, because it is closing and the storage question is settled by the deadline, not by you. I would not recommend it to anyone who needs a card they can rely on next month, because a programme in wind-down cannot promise that.

I would tell two groups to read this page. First, if you hold a 1inch card with a balance on it: treat getting that balance out as the task, not the card as the product. The e-wallet redemption right and the issuer’s six-year backstop are real, but the sensible reading of “as soon as reasonably possible” is that you act now. Second, if you were considering a crypto card because getting an ordinary bank card has proved difficult: the card you were researching is gone, but that underlying need is not, and the three alternatives above are where I would point you next. For that second group the honest summary is that a crypto card is a payment tool with a KYC file attached, not a substitute for having a bank relationship.

Frequently asked questions

What is the 1inch Card?

The 1inch Card was a crypto payment card launched on 8 April 2024 with Mastercard and Crypto Life, offering physical and virtual cards that converted crypto to fiat at the point of payment. It was marketed by 1inch but issued through partner institutions. The programme is now being discontinued and no longer issues new cards.

Why is the 1inch Card being discontinued?

The card’s public notice simply states that the programme is being discontinued and that new sign-ups are closed; it does not give a reason. That kind of closure is common in this category, where card networks, issuers or providers change direction. We know the outcome and the deadline, but not the company’s stated cause, and I would not speculate beyond what the notice says.

Who holds the money on my 1inch Card?

Your balance sits in an e-wallet issued by Monavate — Monavate Ltd in the UK or UAB Monavate in the EU — an authorised e-money institution, not with 1inch. 1inch was the programme manager; Crypto Life was the card provider. Because it is an e-money institution, customer funds should be safeguarded in segregated accounts or insured, but that is not the same as a bank deposit guarantee.

What is the deadline to withdraw my balance?

The programme advises withdrawing or spending your balance as soon as reasonably possible, with 18 December 2026 given as the furthest foreseeable date. The company notes these timelines are set by the issuer and provider and are not guaranteed, so treat the date as a target rather than a safe harbour and act sooner rather than later.

What happens to leftover funds after the card closes?

Under the issuer’s card terms (section 16), remaining e-wallet funds can be redeemed for up to six years after the account is closed. That is a genuine backstop, but it is not cash in your hand today and it is not a substitute for withdrawing while the card account still works.

Is the 1inch Card still available to new users?

No. New sign-ups are closed as part of the discontinuation, and the notice carries no country list for new applications. If you were hoping to apply, that route is shut; if you were hoping to spend an existing card, read the balance section above rather than the alternatives.

Is 1inch a bank?

No. 1inch is a crypto brand and the programme manager on the front of the card. The issuing entity is Monavate, an authorised e-money institution, and the card provider is Crypto Life. The distinction matters: e-money institutions cannot lend, and their safeguarded funds are not bank deposits with deposit-guarantee protection.

What should I do if my 1inch Card deposit was not credited?

Raise it with Crypto Life support first, by email or the in-account chat, since they handle balance and account-level issues. Keep the date and channel of the request, and if they do not respond, contact 1inch support with those details so the case can be logged and escalated, though 1inch cannot itself action account-level requests.

What can I use instead of the 1inch Card?

Among the live options, MetaMask is a Mastercard card spending directly from your connected wallet across several networks, KAST is a Visa card with 0% fees on stablecoin top-up and USD spend, and TokenPocket offers Visa or Mastercard debit cards. Availability and eligibility rules differ by each provider’s country list, and none of them is a like-for-like substitute for a closed programme.

Is the 1inch Card safe?

The money is held in an e-wallet at an authorised e-money institution rather than by 1inch, which is the reassuring part. But the programme is closing, user reports include uncredited USDC deposits, and features like two-factor authentication and card freeze were not stated. Safety here is less about the technology and more about moving your balance out promptly.

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