Zipmex Card fees, limits and rewards

The fees and limits set out below apply to Zipmex Card and are applicable as of: 19 April 2022

Refer to the Zipmex Debit Card Terms for explanation and definitions.

Supported Digital Assets

You can currently spend the digital assets below that have balances in your Z Wallet. We are working on expanding this list in the future.

  • Zipmex Token (ZMT)
  • Bitcoin (BTC)
  • Ethereum (ETH)


All fees are applicable unless otherwise specified.

Transaction type Fees Rebates
Annual fee$0
Replacement card$45 SGD for every card
Cryptocurrency conversion feeConversion rate may vary depending on liquidity and availability at the time of purchase.
International transactions*2%VIP 4 users will receive 100% rebate on International transaction fees paid back in ZMT on the 1st day of every month.
Refund processing fee3%
All refunds will be credited back in ZMT minus the refund processing fee.
Disputes and Chargebacks will not be charged a refund processing fee.
ATM cash withdrawalsCurrently not available
International ATM cash withdrawalsCurrently not available

*Zipmex Card is issued by PayrNet Pte. Ltd. (UEN: 201913150C) which is exempt from holding a license by the Monetary Authority of Singapore (MAS) pursuant to the Payment Services (Exemption for Specified Period) Regulations 2019. To comply with this license exemption there may be limitations applied that restrict the usage of the card. Currently Zipmex Card can be used for domestic Singapore transactions only. Upon a license being granted Zipmex may be able to open up international usage of the card and will notify all customers of the changes.


Daily Spending Limit$5,000 SGD
Annual Spending Limit$30,000 SGD
Pre-authorisation (such as hotels and car rentals)Currently not available
ATM withdrawal limitCurrently not available


Users will earn rewards in ZMT based on their monthly spend and Zipmex VIP tier. All completed transactions within any given month will be eligible to receive a percentage back in ZMT rewards. Rewards will be paid out on the 1st day of every month and based on the previous month’s completed transactions.

Tier VIP 0 VIP 1 VIP 2 VIP 3 VIP 4
VIP CriteriaBuy and lock
100 ZMT
Get 12% APY
Buy and lock
1,000 ZMT
Get 12% APY
Buy and lock
5,000 ZMT
Get 12% APY
Buy and lock
20,000 ZMT
Get 12% APY
Zipmex Card Rewards0.5%1%2%3%4%

Refer to the Zipmex Debit Card Terms for more details on Rewards.

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.


The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of Zipmex.

Before you pay Zipmex any money or DPT, you must be aware of the following.

  1. Zipmex is not currently licensed by MAS to provide DPT services. This means that you will not be able to recover all the money or DPTs you paid to Zipmex if Zipmex’s business fails.
  2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by Zipmex.
  3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
  4. You should be aware that Zipmex may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
  5. DPT held in your Hosted Wallet is not subject to the Singapore Deposit Insurance Scheme (“SDIC”) or any similar insurance or guaranty scheme of any other jurisdiction. In addition, funds stored in your Fiat Wallet do not benefit from the SDIC or any similar insurance or guaranty scheme of any other jurisdiction.

ZipUp+ products have not been approved by the Monetary Authority of Singapore (“MAS”) under the Payment Services Act 2019 and MAS has not reviewed or approved any features of these product offerings. Please review this link for the full terms and conditions and risk disclosure.