Quote from: AussieHash on December 31, 2016, 12:25:07 PM

I've tonight tried out UQUID for a GBP virtual debt card and in contrast to the OP, I find there are hidden misleading fees, to the extent that the OP sounds like a shill informercial.

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allows users to get maximum value out of their bitcoin when loading their debit cards.

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Uquid doesn't rely on misleading marketing tactics

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Uquid is not adding any hidden fees.

Let's review their fees - https://uquid.com/fees

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Many methods deposit into uquid with 0% fees

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Set Up:
Virtual Card Issuance Fee (one-time cost) £1.00
Monthly Service Fee £1.00
Spend Money: Association transaction Per transaction £0.00
Deposit Fee Bitcoin Per transaction 0%
Withdraw Fee Bank Transfer Per transaction 3%

What they don't tell you - transferring from BTC to GBP they charge between 1% to almost 3% exchange fee above the bitpay exchange rate

https://bitpay.com/bitcoin-exchange-rates
US Dollar   $952.52 USD
Eurozone Euro   905.09 EUR
Pound Sterling   £772.09 GBP
Canadian Dollar   $1,280.01 CAD
Chinese Yuan   ¥6,615.06 CNY

Attempting a deposit of £772.09, Uquid generates a payment QR code for 1.01 BTC (+1%)
Attempting a deposit of £5, Uquid generates a payment QR of nearly +3% above the bitpay exchange rate.

From the GBP balance in one's account, to then add funds to the debt card costs additional fees which are not listed in the fee schedule. I would have to assume this funding step is mandatory as it is a Visa debt card.

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Load balance into card
NOTE :
Max fee: £50.00
Min fee: £0.10
Transfer fee: 0.5%
Minimum amount: £0.00
Maximum amount: £1,000.00

So from my experience UQIUD does have deliberately misleading hidden fees when exchanging bitcoin and when loading the debt card of up to +3.5%.

(I am uncertain whether there is an additional +1% fee somewhere for using the card for purchases .....)

Additionally if there is an excess fiat balance you want to convert back to BTC, UQUID charges 3% + whatever fees are charged by their linked conversion - their first listed "Exchanger" charges 5.5-6.6% fees
https://www.vodaexchange.com/exchange_fee

I have previously spoken well of the Uquid card. I would like to see a specific response from the Uquid staff about this post.