Dead - in special administration since 7 July 2025 (FCA-confirmed). The UK's small crypto-neobank went insolvent after the FCA stopped its activities in June 2025; ~GBP 2M of customer funds are missing, 'Boost' savers were unsecured lenders without knowing it, and crypto balances were never safeguarded. Archive entry: FCA registration is not deposit insurance.
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by the cryptodebitcards editorial desk · review version 2 · prose updated 2026-09-20 · facts as of 2026-09-20 · how we verify
The Ziglu card is a deceased Visa debit card product from fintech provider Ziglu, which was aimed at users in the United Kingdom. As the company is now in special administration, this card is no longer available or functional.
The fees associated with the Ziglu card have not been verified due to the service being closed. The company's special administration status and cessation of all payment and cryptoasset activities mean that any fee information is no longer relevant.
The Ziglu card required full KYC, triggered by UK FCA-regulated onboarding. However, as the service is no longer operational, new users cannot sign up, and existing users were instructed to withdraw their funds.
The Ziglu card supported native top-ups with Bitcoin (BTC) and conversion to Ethereum (ETH) and GBP-pegged assets. However, the service's closure means that top-ups are no longer possible, and users were advised to withdraw their funds.
There is no verified information on cashback rewards for the Ziglu card, as the service is no longer operational.
Ziglu's background and reputation have been severely impacted by its insolvency and special administration. The company's inability to safeguard customer funds, particularly those in the 'Boost' yield product, has led to significant shortfalls and potential losses for customers. External sources, including Reddit threads and news articles, document the company's downfall and warn of the risks associated with using its services.
You should not attempt to use or load funds onto the Ziglu card, as the service is deceased and in special administration. The company's insolvency and failure to safeguard customer funds make it a significant risk for users.
| Fine print | N/A - service closed (special administration since 2025-07-07). |
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The Ziglu card required full KYC, but the service is no longer operational.
Fee information is not verified due to the service closure.
The card supported native BTC top-ups and conversion to ETH and GBP-pegged assets, but top-ups are no longer possible.
There is no verified cashback reward information.
The card was aimed at users in the United Kingdom, but it is no longer available.
The company's insolvency and special administration status make it a significant risk for users.
The Ziglu card was a virtual card.
Back and verifiable: the Uphold Debit Card relaunched in the US with up to 4% back in XRP (Elite, $99.99/yr) or 2% (Essential, free), Visa acceptance with Apple/Google Pay, no credit check and FDIC pass-through on the USD balance. The trade-offs: rewards are XRP-denominated with conditions (holding periods, monthly caps), the program's history is pause-and-restart, and support tickets show crediting/adjustment friction. US-only (no NY/LA/territories).
The veteran (2014) reinvented as a stablecoin bank: fee-free FX worldwide, multi-currency accounts with 1:1 stablecoin conversion, real Visa/Mastercard principal memberships and an 8% headline cashback. Fee details hide in the help hub, and the El Salvador licensing move makes the regulatory story newer than its brand.
The most complete dual-mode card: one tap switches between spending your crypto (Debit, with daily interest) and borrowing against it (Credit, from 1.9%) - with free ATM allowances up to EUR 2,000/month and no card fees. The catch: meaningful cashback needs a $5,000+ portfolio and is denominated in NEXO, and it is EEA/UK-only.
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