Overview
- Revolut, which unveiled the card Monday, is starting distribution in the UK and most of the EEA and it works anywhere Visa or Mastercard is accepted.
- The physical Dogecoin card links to app‑held crypto, converts it to local currency at the point of sale, and charges no extra exchange fees while merchants receive standard fiat settlement.
- The card features an LED that lights up on tap to pay, carries a £100,000 per‑transaction cap, and limits users to 100 exchanges in any 24‑hour period.
- Revolut warns that purchases follow real‑time market rates and may create taxable events under local rules, which means frequent spenders will need clear records of each disposal.
- The launch fits a wider push after a full UK banking licence in March 2026 and new FCA permissions this month, with Revolut’s 70 million‑plus user base positioning the card as a mainstream on‑ramp competing with Coinbase and Crypto.com programs.