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:
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
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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