This article is intended for members in the United Kingdom. If you're looking for instructions for CoinJar Australia, visit this article.
CoinJar Card fees
| Activity | Fee | Notes |
|---|---|---|
| Card issuance (digital and physical card) | £0 | |
| Card replacement | £0 | |
| Account management | £0 | CoinJar does not charge any monthly or annual fees.* |
| In-store and online purchase | 1% of the transaction amount | This fee is returned to you as CoinJar Reward Points. Click here for more information. |
| Foreign transaction | +2.99% | Transactions made in a currency other than GBP will be subject to the current Mastercard exchange rate plus a 2.99% foreign exchange fee. |
| ATM withdrawal (physical card only) | 1% of the transaction amount |
CoinJar Card may be used at ATMs that accept Mastercard. The ATM operator may charge an additional fee. |
| Transaction dispute | £12.50 per transaction |
* In the first batch of CoinJar Cards, a €2.50 monthly service fee was erroneously quoted on the back of the card. CoinJar does not charge a monthly service fee, and this printing error has been corrected in subsequent batches.
Typical Transaction Example
Lara uses her CoinJar Card to purchase some pastries from her local bakery. Her pastries cost £12 in total and she will be charged a transaction fee of 1% on this card purchase.
CoinJar transaction fee: 1% of £12 = £0.12
Total amount deducted from Lara's CoinJar account: £12 + £0.12 = £12.12
Foreign Transaction Example
Syed uses his CoinJar Card to purchase a book that costs $200 CAD from an online bookstore based in Canada. At the time, Mastercard's exchange rate is 1 Canadian dollar equals 0.59 Pound sterling.
His purchase converts to £118 GBP and he will be charged a 2.99% fee based on that amount.
Foreign transaction fee: 2.99% of £118 = £3.53
CoinJar transaction fee: 1% of £118 = £1.18
Total fees: £3.53 + £4.71 = £4.71
Total amount deducted from Syed's CoinJar account: £118 + £4.71 = £122.71
CoinJar Card limits
| Type | Limit | Notes |
|---|---|---|
| Maximum daily reload & spend | £5000 | |
| Maximum monthly reload & spend | £15,000 | |
| Maximum annual reload & spend |
£50,000 |
|
| Maximum daily transactions | 25 | |
| Maximum daily ATM withdrawal amount | £2000 | A minimum of £10 applies for all ATM withdrawals. |
| Maximum daily ATM withdrawals | 5 |