Does anyone have recent experience using the Coinsbank card? It seems to offer a 10satoshi/cent (presumably USD?) spent cashback which currently comes out to about 1.3% cashback.

Their fees add up fast on the regular cards and would only be worthwhile to certain users.

Their virtual prepaid cards on the other hand have nearly no fees. Say you wanted to make a $1000 purchase online... the card costs $1000, activation $0, BTC load $0, BTC to fiat conversion is quite low (I hear people quote 0.5% or possibly LIVE), and the only fee is a transaction fee of $1.50 to spend the fiat. cashback on the $1000 alone would come out to $13.

Am I missing anything? This seems almost too good to be true!