Fees, Spending Limits & Taxes

Fees & Tax considerations when using your Nova x Mercuryo Debit Card

List of Fees

Below is a non-exhaustive list of fees associated with your Nova x Mercuryo Debit Card:

Description
Details

Online (E-commerce) transactions

Free

POS Transactions

Free

Card Creation

Free

Top-up Fee

1.5% (3 EUR minimum)

Monthly fee

1 EUR**

Declined transactions

0.3 EUR

Chargeback fee

50 EUR

** If the card is inactive for 3 consecutive months, a 1 EUR fee is applied per month. If the balance of the card is below 1 EUR, the card cannot pay the 1 EUR fee, so the remaining balance will be charged as the fee, and the card will be closed immediately.

Spending Limits

Type
Limit

Monthly card transaction limit

40000 EUR

Daily card transaction limit

10000 EUR

Single card transaction limit

5000 EUR

Top-up limit

2500 EUR

Tax Considerations

Each tax jurisdiction classifies cryptocurrency differently. Depending on your country of tax residency, you may be required to report gains or losses from the use of your Debit Card, or other information, on your tax return.

Please consult your tax advisor to evaluate how your use of the Debit Card affects your specific tax situation.

The Nova Wallet team cannot provide you with tax advice.

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