We have some exciting news about upcoming changes to BasedApp that will enhance your experience with us.

Zero FX Fees

Starting Nov 1, 2023, the BasedApp card will not impose foreign transaction fees on your spending (currently 1.5% FX Markup). That’s right - it’s a 0% FX Fee (not even the 1% standard Visa fees).

This significant change makes our debit card even more competitive in the market, especially when compared to the hefty fees of up to 3.5% charged on overseas transactions by credit cards from other banks.

Here's how we compare with other credit cards today:

A New Point System

We will roll out a Point System to make spending and investing with BasedApp more fun and rewarding. As you know, BasedApp is more than a debit card - it is a platform that allows people to interact with digital assets on-chain more easily.

You can earn Points using the BasedApp Visa Card and other investment features within the app.

We will be announcing more details about the upcoming Point System next week - so stay tuned!

Discontinuing the Cashback and Spotify Promotion

As part of the transition to the Point System, we will be discontinuing the existing cashback promotion and Spotify cashback from 1 November 2023 onwards.

Keep an eye out for more

BasedApp was started to make it more convenient to spend, save and invest crypto on the go. With BasedApp, people can self-custody their funds without losing the convenience that the existing payment rails bring.

BasedApp is only available in Singapore and we will be rolling it out to Hong Kong soon. Join our waitlist (https://basedapp.io/#waitlist) or follow us on Twitter to stay in-touch. https://twitter.com/basedappHQ