ClubSwan Crypto Review – How Legit Is It?
People believe that cryptocurrency will create a whole new class of millionaires. They will be wealthy people who think for themselves, have freedom of speech, and have great expectations. Guys from ClubSwan figured that out pretty early on, and they established an upscale service to cater to the needs of folks in this category. Even though their crypto card is the most well-known product in the wider crypto sector, ClubSwan provides a variety of other services that are really fascinating. But let’s begin at the very beginning, shall we?
Club Swan provides its members with a physical card in addition to other services. To be more specific, there are three different versions of them. Users will be given a different card and set of rewards according to the tier that they now occupy in the system. You can use them to make FIAT currency and cryptocurrency transactions anywhere in the world, including online.
In addition to providing a concierge service, Club Swan is a subscription-based lifestyle management and cryptocurrency service provider. It provides cards, discounts on travel, and even the opportunity to buy or sell cryptocurrencies and other digital assets. Additionally, it provides 24/7 concierge services, global shopping services, travel discounts, and support for crypto wallets.
Membership
Club Swan has members in over 80 different countries, and there are four different membership levels from which members can choose the one that meets their needs and preferences the best. Every tier of membership comes with its own special assortment of perks and privileges.
The following are the different degrees of membership:
Starter
The fee to join is $129.
Monthly subscription: $35.00
• First month Free
• Multi-Currency Account
• $500,000 Account limit
• USD, EUR, GBP Accounts
• Club Swan Card
• $15,000 p/d Club Swan card load limit
• $1,500 maximum ATM withdrawal per day
• 3% buy and sell fees for cryptocurrency
• Quick wallet-to-wallet transfers
• 3.00% bank transfer fee
• 3.00% Traditional currency exchange fee
• 24/7 Concierge Team
• Up to 40% off travel
• Cash bonuses available in a variety of fiat currencies
Premier
Registration fee of $499
Monthly subscription: $65.00
• First month free
• Multi-Currency Account
• $1,000,000 Account limit
• USD, EUR, GBP, CNY, JPY Accounts
• Club Swan Card
• Unlimited card load limit
• $15,000 p/d Club Swan card load limit
• 2% buy and sell fees for cryptocurrency
• Quick wallet-to-wallet transfers
• 2.00% bank transfer fee
• 2.00% traditional currency exchange fee
• Free transfers to other Club Swan members
• 24/7 Concierge Team
• Up to 40% off travel
• Cash rewards
VIP
$1,195 Initial membership fee
Monthly subscription price of $95.00
• First month free
• Multi-Currency Account
• $2,000,000 Account limit
• USD, EUR, GBP, CNY, JPY Accounts
• Free expedited DHL card delivery
• $15,000 p/d Club Swan card load limit
• $1,500 maximum ATM withdrawal per day
• 1% buy and sell fees for cryptocurrency
• Quick wallet-to-wallet transfers
• 1.00% bank transfer fee
• 1.00% traditional currency exchange fee
• Free transfers to other Club Swan members
• 24/7 Concier
Chairman
The enrollment fee is $2,495.
The cost of the subscription each month is $125.00
Free account for the first month
• Multi-currency accounts
• Unlimited account limits
• Accounts in USD, EUR, GBP, CNY, and JPY
• Limited edition stainless steel cards
• Free expedited shipping by DHL for cards
• $15,000 per day limit on the amount that can be loaded onto a Club Swan card;
• $1,500 per day as the maximum amount that can be withdrawn from an ATM;
• 0.5% fees for buying and selling cryptocurrencies;
• Quick wallet-to-wallet transfers;
• 0.5% fees for bank transfers;
• 0.5% fees for exchanging traditional currencies;
• Free transfers to other Club Swan members;
• 24/7 Concierge Team;
• Up to 40% off travel;
• Dedicated phone hotline support;
• Higher levels of
ClubSwan’s Strengths and Weaknesses
PROS:
• High spending limits on their cryptocurrency card
• Concierge service available 24/7
• High cashback benefits
• Multiple fiat currency options
• Global availability
CONS:
• Exorbitantly priced membership dues
Crypto Card with the ClubSwan Logo
ClubSwan provides a number of services, one of which is a cryptocurrency debit card. To be more specific, there are three different varieties of payment cards. Users will go up through multiple tiers, each of which results in a distinct set of cards and rewards for the user. You can use them to make FIAT and cryptocurrency purchases anywhere in the world, including online.
Since they are all powered by Mastercard, which is the card that is accepted the most frequently, this makes it possible for it to be accepted by all of the main payment networks throughout the world.
Supported Cryptography
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Basic Attention Token (BAT), Bitcoin Cash (BCH), EOS Token (EOS), Paxos Standard (PAX), Tether (USDT), and USD Coin are all fungible cryptocurrencies that can be used with the Club Swan card (USDC).
Supported FIAT Club Swan allows users to open accounts in the following traditional currencies: US Dollars, British Pounds, Euros, Chinese Yuan, and Japanese Yen.
Spending Limits
The target audience for Club Swan is extremely discerning individuals. When one considers the prices that they want for subscriptions, this is made abundantly evident. The Starter version has a deposit maximum of 500,000 dollars, whereas the Chairman edition’s limit is an astounding 2 million dollars. This is due to the fact that the Starter version is intended for extremely rich individuals.
Due to the high cost of membership, Club Swan is not a feasible choice for most people. Their monthly subscription costs are so high that the average person just cannot afford them. But are there any other costs involved?
Sadly, the answer is yes. Considering that they are deluxe cards, you may assume that there are no or very little additional fees associated with using them; nevertheless, this is not the case. The Insurance begins at $129. This is significantly more expensive than the other options. However, things grow even worse when you consider that the withdrawal cost is 2%. The result is that the clients are being exploited.
To our great fortune, there is no commission on either loading or spending. However, this does not in any way excuse the appalling pricing structure. Check out the chart that’s been provided below for further information, but be warned: it doesn’t get any better.
Cashback
The Club Swan Cards, like like most of their rivals, provide cashback on purchases made with the card. As a result, a portion of the money that you paid is deposited into your account as a form of quick reward for the money that you spent. According to Club Swan, benefits range anywhere from 2% to 20%, depending on the product. The issue is that they do not provide any further explanation or information. The absence of clarity is a huge warning sign, particularly in regard to the financial situation.
Additional Benefits of Being a ClubSwan Member:
24/7 customer assistance
Members have access to a support staff that is available 24 hours a day, seven days a week to assist them with their questions and requirements. Their customer service representatives are ready to speak in a variety of languages. You may also quickly contact the team by using the app for Android or iOS or by navigating the user-friendly member site that they provide.
The staff is available to support any questions members may have regarding the platform and the procedures, as well as to support any member requests. Members are guaranteed to receive the best rates for traveling and lounging, as well as shopping support and shipment, thanks to the presence of specialists in all areas.
Lifestyle and travel benefits
ClubSwan intends to combine its financial management services with its lifestyle management offerings. The company asserts that it can organize, plan, and manage virtually any activity that the customers require, thereby saving both time and money. Personal shopping, VIP dining, the acquisition of luxury goods, access to events, assistance in many languages, exclusive parties, a concierge crew that is available around the clock, and a discount of forty percent on travel are some of these services.
• Corporate Group Travel Specialist;
• Private Yacht and Aviation;
• Exotic Car Rentals; and
• Airport Transfer in a Luxury Black Car
• Security
When it comes to financial services, security is an absolute must. Before providing you with a Personal Identification Number (PIN), Club Swan will want to verify both your address and your identity. In the event that your credentials are stolen or lost, you will still have access to them and be able to use them to avoid security breaches. Obviously not with a hotline, seeing as how that service is reserved exclusively for Chairman customers.
Transactions are additionally protected by the 3D security protocol.
Commissions & Bonuses
The referral program at Club Swan is one of its most appealing features because it enables members to earn commissions and bonuses for bringing in new members. You are eligible to receive a commission whenever you successfully refer a member of your family, your friend group, or any other contact that is part of your network.
Your account will automatically be credited with the corresponding amount of the commission about fourteen days after the person you referred has successfully completed all of the membership activation requirements.
Providing guidance and aid with shopping
With the use of this function, members are able to specify the products or services that they desire and pay for them straight from their Club Swan account. There is a group that will go out and acquire the item and then arrange for it to be sent to any location on the planet. No question, no matter how big or how minor, may be too much for the support team to take care of because they are a devoted team that is at your service.
Security
In light of the fact that financial matters are notoriously touchy and have the potential to arouse strong feelings, Club Swan has given careful consideration to the safety of your money. You’ll have an easier time managing your assets in a variety of fiat currencies all within one safe account.
Members have the ability to send safe and secure electronic payments to merchants, friends, and other contacts via their Club Swan account. The wealth of the members is pooled together in a trustworthy and protected account in order to increase the level of safety. Within the safe app, you are able to pay for services by transferring money from your wallet.
Financial Service Benefit
Users of the Club Swan debit card have the ability to make payments virtually anywhere in the world as well as online. In the event that you do run into any issues, a global support team is available via live chat around the clock and in a number of different languages.
Quick Crypto Liquidation
It is necessary to liquidate your cryptocurrency holdings before using them to make a purchase using a fiat currency. Although there is a cost associated with this, additional information can be found in the section labeled “charge structure.”
The ClubSwan way of doing things.
Clubswan is distinguished from other crypto cards available on the market by a number of key characteristics. The following are some examples of them:
1) Private social organization
The organization known as ClubSwan functions as a membership club. The vast majority of the other cards are distributed through various exchanges and processing centers for payments. As a member, you will have access to a variety of benefits, such as discounts offered by affiliated retailers and suppliers of travel services.
2) Gift card handling
A user can receive, send, and spend gift cards from a variety of big brands all from within a single window provided by ClubSwan, which provides the technology for doing so.
3) A partner program for registered users
Members and cardholders are the only people who can participate in the affiliate program that ClubSwan offers. You will receive twenty percent of the charge that your family, friends, and other people pay to join if you refer them through your account on the site.
For instance, if you suggest someone and that person decides to sign up for the VIP tier, you will receive $239.00. (USD). You will be eligible to upgrade your membership to the next tier at no additional cost if you have three successful referrals under your belt.
4) Concierge
The ClubSwan experience would be severely lacking without this component. You can contact out to customer assistance at any time of the day if you’re having problems with either the card or the exchange.
The most essential perk, however, is that you will be assigned a ClubSwan virtual assistant who will handle a variety of errands on your behalf. This assistant will, for example, plan your travel, take care of your personal shopping, and make arrangements for you to attend exclusive events. This helps save valuable time as well as money.
5) Quick transformation
The exchange of fiat currency for cryptocurrency takes place almost instantly. Because of this, it is now feasible to capitalize on newly emerging opportunities in the cryptocurrency market. To acquire or sell at a price point that is favourable to you does not require you to jump through a lot of hoops or wait for an excessively long period of time.
6) A great number of countries provided help.
When compared to its rivals, this card has the advantage of being able to be mailed to and used in a greater number of countries. Over one hundred different countries receive this greeting card.
You can use it anywhere that accepts the mainstream payment processors Visa and Mastercard. In the meantime, you can use it wherever.
In conclusion, I have a feeling that the world of cryptocurrencies will see an increase in the provision of services of this kind in the near future. As was indicated at the beginning of this article, the world of bitcoin and cryptocurrencies is currently in the process of spawning an entirely new generation of people who have great expectations and huge pockets. If you made an early investment or gained a significant amount of bitcoins through trading or any other means, the hefty price of membership will seem like a drop in the bucket to you.
The benefits far outweigh the cost, and the availability of a personal concierge and round-the-clock technical help wherever you are in the world is certainly a welcome amenity that a person with a million dollars in assets would aspire to have.