Laso Finance has two types of cards. Each type works differently:
Adding Money (Top-ups):
Reloadable cards: You can add more money anytime. Like putting money on your card again and again. Good for regular use.
Non-reloadable cards (also called "no top-ups"): You can only add money once when you create the card. You can spend the money in multiple transactions, but you cannot add more money after the initial load.
Simple Examples:
Reloadable example: You put $100 on your card. You spend $50. You can add another $100 later. Your card now has $150.
Non-reloadable (no top-ups) example: You put $100 on your card. You spend $30, then $20, then $25. You cannot add more money. Your card only has $25 left until you spend it all.
How Long Cards Last:
Reloadable cards: Work for several years. Good for long-term use.
Non-reloadable (no top-ups) cards: Work for several months only. Good for short-term purchases.
Getting Money Back:
Reloadable cards: You can take unused money back to your crypto wallet anytime.
Non-reloadable (no top-ups) cards: You cannot take money back. Once money is on the card, you can only spend it, not withdraw it. See our refund policy for non-reloadable cards.
Fees (Cost to Use):
Reloadable cards: Cost 6.8% fee when you add money. More expensive but more features.
Non-reloadable (no top-ups) cards: Cost 3.8% fee when you add money. Cheaper but fewer features.
Best Use Cases:
Non-reloadable (no top-ups) cards: Perfect for specific spending amounts or privacy-focused usage. Example: You want to spend $200 total. You make a $200 card and use it for multiple purchases until the balance is spent.
Reloadable cards: Perfect for regular shopping and in-person purchases. Example: You use it every week for groceries, gas, and other daily needs. Safe to add to Apple Pay or Google Pay on your phone.
Which Should You Choose?
Choose reloadable if you want to use the card many times and add money regularly.
Choose non-reloadable (no top-ups) if you want to maximize privacy by cycling cards frequently or have a specific spending amount in mind.
Check our fee schedule for exact costs of each card type.