Effective date: 13 September 2026
1. General provisions
1.1 This Fee Schedule forms an integral part of the Terms of Service and the Cardholder Agreement. It applies to every Magic account and every card issued under it.
1.2 All amounts are stated in US dollars (USD) unless indicated otherwise. Fees are charged to the card balance at the moment the service is provided or the transaction is processed.
1.3 Changes to this Fee Schedule are published on the website at least 30 days before they take effect.
2. Card issuance and servicing
| Service | Fee / terms |
|---|---|
| Virtual card issuance | $40 |
| Virtual card issuance via a partner’s link | $35 |
| Physical card issuance | $250, charged to the balance when the card is ordered |
| Receiving the physical card | collection at the Magic office in Dubai — free; delivery to other countries — for a separate fee that depends on the country and is shown in the app when you order; delivery takes 7–14 days; the card is handed to the cardholder in person |
| Card validity | virtual card: 3 years; physical card: the expiry date is printed on the card and shown in the app; reissue on expiry is ordered manually in the app |
| Number of cards per account | one virtual card and one physical card |
| Monthly service fee | none ($0) |
| Inactivity fee | none |
| Virtual card reissue (on expiry, loss or compromise) | $40; the balance stays on the account |
| Physical card reissue (on expiry, loss, theft or damage) | paid; the fee is shown in the app when you order; delivery is subject to the terms in "Receiving the physical card"; the balance stays on the account |
| Closing a card or account | no closing fee; the remaining balance is withdrawn in USDT or USDC to a wallet address you specify, on the withdrawal terms in section 3 |
3. Top-up and withdrawal
| Transaction | Fee / terms |
|---|---|
| Top-up | USDT on TRON (TRC-20), BNB Chain (BEP-20) and Polygon; USDC on BNB Chain (BEP-20) and Polygon; transfer from another Magic user. No Magic fee; the network fee is paid by the sender |
| Minimum top-up | USDT on TRON — 20 USDT; USDT and USDC on BNB Chain and Polygon — 1 USDT / 1 USDC |
| Crediting | after 1 network confirmation, usually within 1–3 minutes; the balance is credited in USD at 1 USDT = 1 USDC = 1 USD; a transfer from another Magic user is credited instantly |
| Top-up address | each network has its own address; an address on one network cannot be used on another |
| Maximum top-up (per day / per month) | no limit |
| Other assets and networks | not supported; funds sent in them are not credited |
| Withdrawal to a network | USDT (TRON, BNB Chain, Polygon) or USDC (BNB Chain, Polygon); minimum amount — $10; the network fee is charged on top of the transfer amount and shown before confirmation; processing — up to 5 minutes |
| Transfer to another Magic user | instant; free of charge |
! Funds sent on an unsupported network, in an unsupported token or to a wrong address are generally unrecoverable. See the Refund & Dispute Policy.
4. Card transactions
| Transaction | Fee |
|---|---|
| Card payment | 3.5% of the transaction amount |
| Payment in another currency (conversion) | conversion at the Visa card scheme rate on the processing date; the final amount is shown in the app before you confirm |
| ATM cash withdrawal (physical card only) | 2% of the amount; the ATM operator may charge its own fee |
| ATM balance inquiry | free; the ATM operator may charge its own fee |
| Declined transaction | free of charge |
5. Limits
| Limit | Value |
|---|---|
| Maximum balance | no limit |
| Spending per day | $200,000; no monthly limit is set |
| Single transaction | $50,000 |
| ATM withdrawals per day | $50,000; no monthly limit is set |
| Number of transactions per day | unlimited |
5.1 The issuing partner and the card scheme may apply additional limits and restrictions, including by merchant category (see section 6). The limits that apply to your account are shown in the app.
6. Blocked transaction categories
6.1 Transactions in the following merchant categories (MCC) are declined:
- gambling and lotteries;
- purchase of cryptocurrency and other digital assets;
- cash advances at merchant tills and quasi-cash transactions;
- adult goods and services.
6.2 The issuing partner may extend this list without prior notice where required by the rules of the card scheme or by applicable law. The current list is shown in the app.
7. Disputes and refunds
| Service | Fee |
|---|---|
| Filing a transaction dispute (chargeback) | free |
| Merchant refund | free of charge; credited in the card currency |
7.1 The procedure and timelines for disputes are set out in the Refund & Dispute Policy.