This product is flagged dead (not operating) - do not order or load funds. This review stays online as an archive. Daily check: reachable (bot-protected) · checked 2026-11-08. A reachable site is not a working product - parked and lead-capture pages also answer with HTTP 200.
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.
site reachable (bot-protected) · checked 10 h ago · daily check
Review
by the cryptodebitcards editorial desk · AI-drafted, fact-checked · prose updated 2026-09-20 · facts as of 2026-09-19 · how we verify
Overview
Ziglu homepage - archive.org capture 2023-06
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.
Fees & Costs
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.
KYC & Onboarding
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.
Coins & Top-up
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.
Rewards
There is no verified information on cashback rewards for the Ziglu card, as the service is no longer operational.
Reliability & Red Flags
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.
Verdict
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.
What works
—
What to watch
Special administration since 2025-07-07; all services stopped 2025-06-17
~GBP 2M shortfall; ~20,000 customers; Boost yield funds were diverted to cash flow
No FSCS protection; cryptoassets not safeguarded
Card and app dead; customers must file claims with RSM administrators
Fee reality check
Fine print
N/A - service closed (special administration since 2025-07-07).
Looking to get a Ziglu card? The program dead and no longer issues cards to new customers. The review below documents what happened to the program and to existing balances - for a working replacement, compare live options instead:
The Ziglu card required full KYC, but the service is no longer operational.
What fees does it charge?
Fee information is not verified due to the service closure.
Which coins can you load?
The card supported native BTC top-ups and conversion to ETH and GBP-pegged assets, but top-ups are no longer possible.
Does it pay cashback?
There is no verified cashback reward information.
Which regions does it serve?
The card was aimed at users in the United Kingdom, but it is no longer available.
Is it safe/legit?
The company's insolvency and special administration status make it a significant risk for users.
Is the card physical or virtual?
The Ziglu card was a virtual card.
The meta-review: what the internet says about Ziglu
We do not expect you to trust us. This review is a meta-review: below you see what other review sites claim, what users report on Reddit and forums, and who actually operates Ziglu - including the issuing structure behind the card. Every claim links to its source so you can verify it yourself. Our verdict forms from these sources plus our own fact checks - not the other way around.
What other reviewers say
Heads-up: most crypto card "reviews" are affiliate content. We mark our reliability judgement on every source and include critical voices deliberately.
No third-party reviews with usable evidence found yet. In this niche that is itself a signal - most "review" sites are affiliate placements.
What users say (4)
Reddit, forums, complaint boards. Anecdotes, not proof - but patterns across threads are the best early-warning system this industry has.
User received the administrators' January 2026 progress email: the admin team is tracing and consolidating funds from banks and crypto exchanges formerly under Ziglu ownership; 'GBP 100Ks' on the way back. Shows the administration was still mid-process 7 months in.
Boost account holders received administrator emails requiring proof-of-debt forms; thread links the official 'ziglu-limited-in-special-administration-update-to-customers-27-august-2025.pdf' on ziglu.io (site now Cloudflare-gated, PDF not fetchable by us).
r/Ziglu thread breaking the GBP 2M shortfall news to affected users; comments document Boost holders realising their yield product was unsecured lending to Ziglu.
Daily automated referral posts ('Get a free GBP 5 with Ziglu', ids 1wki5vp, 1wjlzcl, 1wippx8, 1whsw2f, ...) continue in r/referralcodes and r/freebitcoin months after the company entered administration. Important negative evidence: this exact bot spam was cited on 2026-09-18 as proof Ziglu was 'actively onboarding' - it is not; referral farms recycle dead links indefinitely.
Who is behind Ziglu?
Card programs stand and fall with their operator and BIN sponsor. This is what we could verify - with sources. Confidence: high (checked 2026-09-19).
Operator
Ziglu
Legal entity / issuer
Ziglu Limited (in special administration) - David Shambrook and Damian Webb, RSM Restructuring Advisory LLP, appointed special administrators 2025-07-07
Registered in
United Kingdom
Insolvent; FCA-authorised EMI in special administration under the Payment and Electronic Money Institution Insolvency Regulations 2021. Customer claims via RSM (ziglu-io@rsmuk.com per FCA page).
Every external source used on this page, with the date we fetched it. Methodology: how we verify. Sources disappear or change - if a link is dead, tell us via contact.
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).
A US credit card on the American Express network paying up to 4% back in Bitcoin, issued via Cardless and gated behind a Coinbase One subscription. Evidence is press-grade only - the operator's own pages are unreachable from our IP - so treat every detail as unverified.
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.
Full KYC2% backphysical card
0% load · 0.2% FX · 2% back in NEXO or BTC
Higher limits via Nexo Private ($100,000+ assets)Fintech 36 d ago
No comments yet - be the first. No account needed; the anti-spam proof runs in your browser.