Xapo Bank Fees Breakdown

Xapo Bank has a flat monthly fee of $59, which is waived for the first 30 days of account opening.

This fee includes access to Xapo's secure wallet, multi-currency support, and 24/7 customer support.

For transactions, Xapo charges a fee of 1% of the transaction amount, with a minimum fee of $0.25 and a maximum fee of $10.

There is no fee for receiving cryptocurrency or fiat currency into your Xapo account.

Internal bitcoin transactions between Xapo accounts are not subject to processing fees. This is a great feature for those who frequently send and receive bitcoin within the Xapo ecosystem.

The cost to send transactions via the bitcoin network constantly fluctuates. Be sure to check the current fees before making a transaction.

Outgoing transactions from your Xapo account to an external address will be charged a standard fee, which will be displayed on the confirmation screen. You can choose to pay a higher priority fee to have your transaction processed more quickly.

The standard fee for sending transactions is dynamically calculated at the time of the transaction. This means that the fee you see is the current fee, and it may change over time.

There is a one-time charge of $89 for the Xapo Metal Card, which covers its manufacturing and delivery. This fee will be conveniently debited from one of your accounts with Xapo each time you request a new card or any of its subsequent reissues.

Fees may also apply for using services linked to your Xapo account that are not listed here. You can find full information about these fees in the Fees Section of the Xapo Bank Limited Terms & Conditions.

Transaction Fees are a crucial aspect of using Xapo's services. Internal bitcoin transactions between Xapo accounts are not subject to processing fees.

The cost to send transactions via the bitcoin network is constantly fluctuating. This means the cost to process both incoming and outgoing transactions is continuously changing.

You'll always want to check the current fees before sending a transaction. This will help you understand the cost involved.

Outgoing transactions from your Xapo account to an external address will be charged a standard fee. This fee will be displayed on the confirmation screen.

You have the option to pay a higher priority fee if you want your transaction processed more quickly.

Xapo doesn't charge a fee for Lightning network payments, which is a nice perk. However, the Lightning network itself charges a small variable transaction fee for each transfer.

This fee is fixed at 15 SAT (a type of Bitcoin unit) to protect Xapo members from unreasonably high transaction fees. If the fee is above 15 SAT, the transaction will fail.

To give you a better idea of how this works, here's a rough estimate of the fee in terms of trade value: 1% of trade value is equivalent to 1 USD.

The Xapo Card Fees are relatively straightforward. There is a one-time charge of $89 for the Xapo Metal Card, which covers its manufacturing and delivery. This fee is conveniently debited from one of your accounts with Xapo each time you request a new card or any of its subsequent reissues.

The Xapo Metal Card comes with a $89 issuance fee, which covers the manufacturing and delivery of the card.

You can withdraw cash from an ATM in Gibraltar or outside of it, and the first $100 per month is free, with no additional fees charged by Xapo. However, you may be charged by the ATM operator.

If you need to withdraw more than $100 per month, you'll be charged 2% of the withdrawal amount, in addition to any fees charged by the ATM operator.

Replacing your card is also free, with no charge for the first replacement card issued in a year. However, additional replacement cards within the same year will cost $25 each.

If you need an emergency replacement card, it will cost $100 to produce, and you'll also need to pay for shipping, which depends on your address.

To order a Xapo physical card, you'll need to have a minimum balance of $150 in one of your Xapo accounts.

This requirement helps Xapo understand your interest in their cards and ensures a mutually beneficial banking relationship.

Any changes in your account balance after your card has been issued won't affect the status of your card.

However, to order a new or replacement card, you'll need to meet the minimum balance requirement at the time of your request.

Xapo's virtual card has a monthly maintenance fee of $2, which is waived if you have a balance of $1,000 or more.

The virtual card also has a 3% foreign transaction fee, which is applied to any transactions made in a foreign currency.

You can avoid the foreign transaction fee by using the virtual card for online purchases that are billed in your local currency.

Xapo doesn't charge any fees for ATM withdrawals in the US, but you'll be charged a $2 fee for each withdrawal at a non-US ATM.

The virtual card's fee structure is designed to be transparent and easy to understand, with no hidden fees or surprises.

If you're using Xapo's Crypto Wealth Product, you should be aware of the fees associated with it. These fees are 1% of the trade value.

You can buy and sell cryptocurrencies like Ethereum (ETH) through this product, but be prepared for a 1% fee on each trade. For example, if you buy or sell $100 worth of ETH, the fee would be $1.

The value of the cryptocurrency will fluctuate, but the fee remains the same - 1% of the trade value.