Is There a Crypto-Native Alternative to Amex? Meet Borderless Banking

Borderless Banking is a crypto cards, wallet, and payments platform offering both virtual and physical crypto cards, unlike Amex, which is a traditional card issuer with no native crypto support. Fees apply on Borderless Banking cards, both flat and percentage-based, and are generally higher than a standard bank card, a trade-off for the crypto infrastructure and flexibility behind every transaction.

What does Borderless Banking offer that Amex doesn't?

Borderless Banking cards can be funded directly with over 100 cryptocurrencies and spent in local currency at the point of sale. Amex requires funding in traditional currency and does not support crypto funding or spending natively.

Do Borderless Banking cards cost more than Amex?

Borderless Banking charges both flat and percentage-based fees on transactions, which are generally higher than what a traditional bank card charges. This reflects the cost of crypto infrastructure, not a pricing gap to be read as a downside, it's a different product category, not a cheaper version of the same one.

Borderless Banking vs Amex

Borderless Banking supports funding and spending directly from over 100 cryptocurrencies, while Amex does not support crypto funding at all; Borderless Banking offers both virtual and physical cards, whereas Amex is primarily a physical card; Borderless Banking's physical cards are priced individually by serial number, while Amex uses fixed tier pricing; and Borderless Banking charges flat and percentage-based fees that are generally higher than a traditional card, compared to Amex's standard card fees.

Who should consider Borderless Banking over Amex?

Anyone who wants to fund and spend directly from crypto holdings, rather than converting to traditional currency first, is better served by Borderless Banking. Amex remains suited to those who don't need crypto funding as part of their everyday spending.

Frequently asked questions:

Does Borderless Banking charge fees?

Yes, Borderless Banking charges both flat and percentage-based fees on card transactions.

Can Amex cards be funded with cryptocurrency?

No, Amex does not offer native crypto funding or spending support.