As far as I have experienced, using the XAPO card for purchase at merchant's POS is free as long as your card's currency matches the POS terminal's currency. In this case the only drawback can be the exchange rate that XAPO uses to convert your bitcoins to fiat on the fly. But I'm sure that if you count your time and your comfort, you can choose the card instead of some other exchanges like localbitcoin and other exchanges available to get the necessary fiat for your BTC.
I think XAPO knows this as well this is why they're setting their exchange rates the way they're doing it now.
I think XAPO knows this as well this is why they're setting their exchange rates the way they're doing it now.
I got the card quickly, activated it on the Xapo site, loaded it with some bits and used it at a local store no issues and no fees in the same currency.
HOWEVER, the selling exchange rate in my experience is ~5% lower than the market which is substantial. I emailed Xapo to see how exactly they're getting the debit card exchange rate.
Have you checked the exchange rate nearly the same time when you did the transaction or just later?
Does the merchant's currency matches the card's currency? If not, there is a 3% exchange fee that the card issuer charges for the transaction.
