Ternio Blockcard Review – Fees, Features & More

BlockCard Review

Many users in the crypto space love holding onto their digital assets. Yet few actually spend it on everyday items.

This can be hard for some who store Cryptocurrencies like Bitcoin in offline or online digital wallets. Ternio BlockCard is trying to mend this gap with an easy to use Crypto debit card.

In this post, we’ll review Ternio BlockCard. Breaking down its potential uses and seeing where it fits amongst other cryptocurrency debit cards.

BlockCard Background

Ternio is a US-based company that was founded in 2017 by CEO and Co-Founder, Daniel Gouldman. The company provides a fintech platform that is built on the blockchain. Connecting traditional financial services like banking with digital assets.

The goal is to bring forth a real-world identity to cryptocurrency. One of their flagship products that are trying to achieve this goal is the Crypto debit BlockCard.

The BlockCard is a crypto debit card enabling cardholders to buy everyday items with cryptocurrency. With BlockCard cardholders can purchase goods with digital assets anywhere VISA is accepted.

The BlockCard allows users to spend with Bitcoin, Etherum, Ripple, Litecoin, and other cryptocurrencies. Users can also convert Bitcoin into cash with an ATM.

BlockCard Pros & Cons


  • No fees on transactions, exchanges, or deposits.
  • Earn up to 6% on rewards on every purchase made
  • Sync Blockcard with Apple, Google, or Samsung Pay
  • Great Customer support


  • KYC Process
  • Monthly Card fees if you spend less than $750 USD per month on the card
  • Physical card isn’t free, requires a $10 USD purchase.
  • Balance is held in TERN

BlockCard Features

BlockCard – Virtual, Plastic, or Metal

BlockCard comes in three variations that range from virtual to metal. Each one differing in minor ways for cardholders. Users of the BloCkcard can match their specific needs to one of the three cards mentioned.

The Virtual card comes with the biggest limitations, but card owners can benefit from zero transaction, exchange, or deposit fees for all three cards.

Virtual CardPlastic CardMetal Card
$5,000 USD Daily Spending Limit$5,000 USD Daily Spending Limit$5,000 USD Daily Spending Limit
N/A Daily ATM Withdrawal$500 USD Daily ATM Withdrawal$500 USD Daily ATM Withdrawal

Supporting Multiple Cryptocurrencies

BlockCard accepts deposits from thirteen different cryptocurrencies. Some of the more popular include BTC and ETH.

Apple & Google pay

BlockCard integrates with Apple, Google, & Samsung pay. This is great as it’s a convenient way to pay merchants.

Mobile pay options can be used with either your virtual card or a physical card. Users can purchase anywhere that accepts Apple Pay, Google Pay, or Samsung Pay.

BlockCard Rewards Program

BlockCard pays cardholders back the more they spend. Users can earn up to 6.38% in TERN, this is done through the TERN staking program.

BlockCard allows its cardholders to stake TERN to receive rewards on the purchases they make with their card. 

Banking & BlockCard Merged Together

BlockCard allows users to open free bank accounts. The accounts are FDIC insured and require a KYC passing in order to transfer in funds. Users can deposit or withdraw through ACH & Wire Transfer.

Another perk of this bank account is the ability to buy or sell cryptocurrency. Purchases made are settled into a custodial wallet.

The Bank account combined with BlockCard makes for easy spending of your cryptocurrency.

How BlockCard Works  

BlockCard Transaction process

Deposited funds on the BlockCard are automatically converted to TERN. TERN is Ternio’s own cryptocurrency and is a spendable digital asset BlockCard uses. TERN is then converted to USD when the BlockCard is swiped or used.

Earning with TERN

What is TERN crypto

TERN is Ternio’s very own cryptocurrency, it’s based on Stellar and Ethereum Blockchain. Ternio sees TERN as a value exchange currency for peer to peer payments.

Transactions are cheaper, quicker, and efficient for users making purchases.

The BlockCard ecosystem is influenced by TERN usage. Users making deposits to their accounts has just as much influence as the people spending.

TERN value is directly tied to the functionality and adoption of BlockCard.   

TERN Crypto Rewards

Staking is the act of holding onto cryptocurrency in this case TERN, to verify transactions and support the network. You can get rewarded for doing this, in layman terms you’re getting Interested in holding TERN.

Users who participate can earn Crypto back on purchases made with BlockCard. Based on the users purchasing history, TERN is deposited into a BlockCard account at the end of each month.

Users can earn TERN on any purchase and all crypto back rewards are spendable on the BlockCard.

Supported Countries

BlockCard isn’t rolled out globally. it’s one of the only crypto debit cards primarily available in the United States. The team at Ternio hopes to rollout BlockCard in other countries.

Users must be a U.S. resident and follow compliance laws. Submitting a valid government-issued ID and a verifiable address to open an account.

Users are required to go through a KYC process in order to fully utilize all the features offered on the BlockCard account.

Supported Currencies

Users can deposit BitCoin along with 12 other cryptocurrencies into their BlockCards dashboard. The supported cryptocurrencies can fund the BlockCards virtual or physical debit card to make purchases. The BlockCard team does have plans to increase the number of supported currencies. We listed all of the supported coins below.

  • Basic Attention Token (BAT)
  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Maker’s Dai (DAI)
  • Paxos Standard (PAX)
  • Ripple (XRP)
  • Stellar Lumen (XLM)
  • Ternio (TERN)
  • Tether (USDT)
  • TrueUSD (TUSD)
  • USD Coin (USDC)

BlockCard Fees

A BlockCard card is free to use, but this as long as cardholders use it for everyday expenses. There is a monthly fee attached for cardholders that can’t spend more than $750 USD per month on the BlockCard.

For those users who cannot meet that criteria expect a monthly fee of $5.00 USD.

When compared to other crypto debit card fees, BlockCard is trying to stay competitive. The team is always finding ways to reduce or remove fees so be aware that it can be subject to change.

We listed a rundown of some important fees blow.

Deposit, Exchange, Withdraw Fee

Deposit Fee$0.00 USD
Exchange Fee$0.00 USD
Withdraw Fee$0.00 USD

ATM Cash Withdrawal Fee 

Domestic ATM Cash Withdrawal Fee$3.00 USD
Domestic ATM Cash Withdrawal Declined Fee$0.50 USD
International Cash Withdrawal Fee$3.50 USD
International ATM Cash Withdrawal Declined Fee$0.50 USD

App & User Experience

Currently, there isn’t a dedicated app for Android or IOS mobile phones. Although, BlockCard accounts can be accessed on mobile devices. The BlockCard team does have plans to also release a native iOS/Android app in the future.

Overall, the user interface for the website has a very easy and efficient flow to it.

Users can switch between activities like checking your balance, deposit and manage funds.

Many of the key features are accessible from the dashboard that makes super easy to understand. The BlockCard team has made a user-friendly UI that everyone who has reviewed enjoys.

Customer Support

BlockCard is one of the few crypto debit cards that has a phone number for customer support.  Which seems unheard of in today’s crypto space.

Users can reach out to the BlockCard team via email for any issues they have. Most complaints come back to them as a ticket and are handled accordingly.  

We sourced reviews from websites like Trustpilot and Reddit. We noticed a consensus of positive experience with customer support.

Overall users love how quickly the BlockCard team handles issues and offers support. Customer support is accessible and isn’t hidden from the average user.

BlockCard Review Conclusion – A Crypto Debit card for the masses  

The crypto Debit card space is growing and the effort to standout means better options for us consumers.

The byproduct is an awesome card like the BlockCard. It makes the process of holding and spending crypto convenient. Users can enjoy a myriad of features.

Features ranging from a bank account, wallet, built-in exchange functionality. Combine this with Ternio’s BlockCard to finish off the job.

BlockCard is literally a rewarding experience. As cardholders can earn rewards for every purchase made. Users can earn up to 6% in rewards and its unlimited.

There aren’t any unnecessary fees on transactions, exchanges, or deposits.

Based on customer feedback we’ve seen. Customers thought the KYC process is quick. They also customer support offered by the BlockCard team.

It’s not all good news. Although fees are competitive, there is a monthly fee for Cardholders who can’t spend more than $750 USD per month on purchases.  

Overall, Blockcard is a value card, were shocked that there isn’t more widespread adoption. This especially true for US customers as it’s one of the few cards available for United States residences.

The Ternio team keeps pushing out new features and we’re sure they’ll be more improvements to come.