Fee Schedule and Terms Explained

 

KuCard Fee Schedule

Fee Type	Unit	Rate
Requesting a Physical Card	per card	9.99 EUR
Applying for a Supplementary Card	currently unavailable
Replacing a Card	per card	9.99 EUR
Canceling a Card	per card	free
Euro Transactions	per transaction	free
Non-Euro Transactions	per transaction	2% of transaction total
ATM Withdrawal (Within Europe)	per withdrawal	2.00 EUR
ATM Withdrawal (International)	per withdrawal	2% of transaction total
Declined Payment (Insufficient Funds)	per transaction	free
Overdraft Transactions	currently unavailable
Express Card Delivery	per card	30.00 EUR
Annual Fee	per card	10.00 EUR

 

Terms Explained

Annual Fee	A yearly fee for account maintenance and card-related services.
Overdraft Transactions	Payments allowed beyond your current balance, subject to an overdraft limit.
Canceling a Card	A cancellation fee applies if you decide to cancel your KuCard within the first 14 days after application.
Express Card Delivery	Upgrade from standard to express delivery of your physical card, with premium couriers such as DHL Express or DPD Express.
ATM Withdrawal (Within Europe)	Withdrawing EUR from your account at ATMs within Europe.
ATM Withdrawal (International)	Withdrawing cash in currencies other than EUR at ATMs outside Europe.
Transactions Within Europe	Payments made using a debit card in euros. This can be in physical stores, online, or by phone.
Transactions Outside Europe	Payments made using a debit card in non-euro currencies. This can be in physical stores, online, or by phone.
Requesting a Physical Card	A physical debit card mailed directly to you.
Applying for a Supplementary Card	A supplementary KuCard, for use by an authorized subsidiary.
Declined Payment (Insufficient Funds)	Payment declined or failed transaction due to insufficient funds in your account.
Replacing a Card	A replacement card provided upon request, if your KuCard is lost, damaged, or otherwise needs to be replaced.

 

Note:

• No annual fee is charged if yearly transactions exceed 500 EUR.
• A Foreign Exchange (FX) Fee applies when transacting in a currency different from the KuCard's designated currency. For instance, using a Euro-denominated KuCard for transactions in US dollars.
• Some ATMs may charge extra fees for use, such as currency conversion fees. Please review all instructions on the ATM screen. Such fees and services belong to the ATM’s service provider.

 

Examples

Scenario 1

Customer A uses their KuCard for a purchase priced at 100 USD, which is billed in euros.

Assuming the Visa exchange rate is 1 EUR ≈ 1.095275 USD, the transaction is converted as:

Transaction Amount: 100 USD ÷ 1.095275 = 91.31 EUR

Foreign Exchange Fee: 91.31 EUR × 2% ≈ 1.826 EUR

Total Transaction Amount: 91.31 EUR + 1.826 EUR ≈ 93.136 EUR

In this case, 93.136 EUR or the equivalent in crypto assets will be debited from Customer A’s Funding Account.

Note that the authorized amount during payment may be slightly higher than the actual transaction amount. Rest assured, only the exact transaction amount will be deducted, and any surplus is returned to your Funding Account.

 

Scenario 2

Customer B makes a 100 EUR transaction but only holds USDT in their Funding Account.

Assuming KuCoin's sell rate is 1 USDT ≈ 0.93167 EUR, the total amount of cryptocurrency used for payment is calculated as:

Transaction Amount: 100 EUR ÷ 0.93167 = 107.33 USDT

Total Transaction Amount: 107.33 USDT

In this case, 107.33 USDT will be debited from Customer B's Funding Account.