Agree, the only card that really makes sense is the Named black card as there are no fees involved. The others are all a bit on the ridiculous side in my opinion with all the fees.

The Named Black card however will set you back $100 to order plus another $70 for DHL delivery whereas a Xapo card will cost you $20 to order and $55 for DHL making it almost a $100 cheaper and you have a single annual fee (from the 2nd year only) of a $1 a month or $12 year. No other funny fees involved and no lifetime limits.

As said, I think Bit-x has just priced themselves out of the market and have taken a simple service like a debit card and overcomplicated it with more fees than any bank currently asks on their offerings. Cannot say that I'm impressed with these developments but will wait for the official announcement to see what they say.