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Phantom opens a prepaid Visa debit card to US users, spending CASH balances directly

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Phantom opened its money features to everyone in the US, including a virtual prepaid Visa card issued by Lead Bank that works with Apple Pay and Google Pay. The card spends the user's CASH balance, which converts one-to-one with dollars, without first moving money to a bank.

  • Virtual card only; no physical card mentioned.
  • No Phantom fees to fund by bank transfer, direct deposit, Apple Pay or debit card, or to withdraw by ACH.
  • Wire transfers up to $1M without Phantom fees.
  • Balances are not FDIC-insured.
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