Fasset fees and limits (October 2026)
Fasset fees at the last review: the card costs 9.99 USDT to issue with a 2,000 USD daily spending limit, a dedicated USD IBAN costs $9.99 once and $0 a month, incoming ACH payments are free and a 0.35% FX fee applies to sends in another currency; the retail fee for buying USDT is not published.
Not financial advice. Crypto is highly volatile and may drop in value significantly. You may lose the amounts you invest and your investments do not benefit from any form of financial protection. USDT is a stablecoin issued by Tether. It isn't a bank deposit and isn't covered by a deposit guarantee scheme. Read the risk disclosure for virtual assets.
Last reviewed · Reviewed by Head of Compliance · Figures read on fasset.com on
Fasset fee schedule, October 2026
- Fasset Card issuance fee
- 9.99 USDT
- Dedicated USD IBAN issuance fee
- $9.99
- Dedicated USD IBAN monthly fee
- $0
- Incoming ACH payment fee
- $0
- FX fee on sends to a non-USD account
- 0.35%
Published charges for the card and the USD account. Limits, gaps and sources are in the tables below.
Fasset Card fees and limits
The Fasset Card is not free to get: issuance costs 9.99 USDT, paid once. Top-ups, withdrawals to the Fasset wallet and cancellation are free, and there is no per-transaction fee during the promotional phase. Fasset has not published when that phase ends or what the fee will be afterwards.
| Item | Amount | When it applies | Source and date |
|---|---|---|---|
| Card issuance | 9.99 USDT | Once, when the card is issued | Card page, 6 October 2026 |
| Per-transaction fee | Free | During the promotional phase. End date and later fee to be confirmed | Card page, 6 October 2026 |
| Foreign exchange and cross-border fee | to be confirmed | On purchases in a currency other than USD. The card terms list both fees | Card terms, 6 October 2026 |
| Top-up | Free | Each top-up in USDT | Card page, 6 October 2026 |
| Withdrawal to the Fasset wallet | Free | Each withdrawal from the card | Card page, 6 October 2026 |
| Cancellation | Free | When you close the card | Card page, 6 October 2026 |
| Daily spending limit | 2,000 USD | Per day | Card page, 6 October 2026 |
| Top-up and withdrawal limit | 1 to 5,000 USDT | Per transaction | Card page, 6 October 2026 |
| Refund time | 10-30 business days | Usually, depending on the merchant and the card network | Card page, 6 October 2026 |
Last reviewed .
Card page: fasset.com/fasset-card/. Card terms: fasset.com/fasset-card-terms/. The Fasset Card is a prepaid virtual Visa card with USD as its card currency. Fasset Labuan Limited provides it.
How the card works, who provides it and which tiers exist: Fasset Card details.
USD account and IBAN fees
Receiving dollars costs nothing: Fasset charges no fee on an ACH payment from a US bank, which arrives at a US routing and account number in your own name. A dedicated USD IBAN costs $9.99 once and $0 a month.
The charge to plan for is the 0.35% FX fee, which applies when you send from the USD balance to an account in another currency. Fasset is not a bank, and a balance here is not a bank deposit.
See the USD account for freelancers, or read the four fees to check on any USD account.
| Item | Amount | Source and date |
|---|---|---|
| Dedicated USD IBAN, issuance (one-time) | $9.99 | USD IBAN post, 6 October 2026 |
| Dedicated USD IBAN, per month | $0 | USD IBAN post, 6 October 2026 |
| Incoming ACH payment from a US bank | Free | ACH post, 6 October 2026 |
| Transfer between the Cash Wallet and the IBAN | Free | USD IBAN post, 6 October 2026 |
| FX fee on a send to an account in another currency | 0.35% | USD IBAN post, 6 October 2026 |
| Local-currency payout of $500 or more | $0 | ACH post, 6 October 2026 |
| Local-currency payout under $500 | to be confirmed | Not published in the ACH post |
Last reviewed .
USD IBAN post: fasset.com/blog/dedicated-usd-iban-account/. ACH post: fasset.com/blog/getting-paid-from-the-us-just-got-cheaper-meet-ach/. Amounts are in US dollars, as published.
Buying and selling USDT
Fasset publishes no retail fee and no spread for buying or selling USDT. Its own buying guide still shows the words “to be confirmed” where both numbers belong, so this table records the gaps and does not guess.
| Item | Amount | Source and date |
|---|---|---|
| Retail fee to buy or sell USDT | to be confirmed | Buying guide shows a placeholder, 6 October 2026 |
| Spread on the quoted price | to be confirmed | Buying guide shows a placeholder, 6 October 2026 |
| Fee to add AED | to be confirmed | Not found on fasset.com, 6 October 2026 |
| Network fee to withdraw USDT | to be confirmed | Not found on fasset.com, 6 October 2026 |
Last reviewed . Buying guide: fasset.com/blog/how-to-buy-usdt-beginners-guide/.
Fasset FZE, the Dubai company that buys and sells USDT for clients, holds VARA licence VL/23/07/002 for Broker-Dealer Services. See which entity provides each service and the steps for buying USDT in the UAE.
The number to check
Before you confirm, read the final “you receive” figure.
A spread is the gap between the price at which a firm sells an asset to you and the price at which it buys the asset back. It costs you money even when the fee line shows zero, so what you receive for what you pay is the real price.
Reserve card
For information only. Reserve is an invite-only Visa Infinite card that the company says will launch on 1 December 2026. It pays from the USDT balance in a Fasset account and has no credit line.
| Item | Published figure | Source and date |
|---|---|---|
| Access | Invite only | Reserve page, 6 October 2026 |
| Launch date | 1 December 2026, as stated by the company | Reserve page, 6 October 2026 |
| Limit per payment | USD 500,000 | Reserve page, 6 October 2026 |
| Limit per day | USD 500,000 | Reserve page, 6 October 2026 |
| Annual fee | USD 1,499 or USD 799, depending on the country of residence. Country split to be confirmed | Reserve page, 6 October 2026 |
Reserve page: fasset.com/reserve/. This page does not print which country pays which amount.
OTC desk
The OTC desk prices each trade by quote, so it has no fee table. Its page gives two different minimum trade sizes, and both are shown until the company confirms one.
| Item | Published figure | Source and date |
|---|---|---|
| Minimum trade | $25,000 or $50,000: to be confirmed | OTC page, FAQ and feature card, 6 October 2026 |
| Quote refresh | Every 10 seconds | OTC page, 6 October 2026 |
| Currencies | AED, USD, USDT and USDC | OTC page, 6 October 2026 |
| Pricing | By quote | OTC page, 6 October 2026 |
OTC page: fasset.com/enterprise/otc-desk/.
Worked examples
Three sums that use only the published numbers. Each one says what it leaves out.
Issuing a card and topping up 500 USDT
9.99 USDT issuance + 500 USDT top-up + 0 USDT top-up fee = 509.99 USDT leaving your Fasset wallet. A 500 USDT top-up is inside the limit of 1 to 5,000 USDT per transaction.
Left out: the rate at which a USDT top-up becomes a USD card balance, which is not published; the foreign exchange and cross-border fee on purchases in a currency other than USD, whose figure is to be confirmed; and any per-transaction fee after the promotional phase.
Sending $1,000 to a non-USD account
0.35% of $1,000 = $3.50. That is the FX fee on a $1,000 send from the USD balance to an account in another currency.
Left out: the exchange rate used for the conversion, and anything the receiving bank or wallet charges.
Receiving a $2,000 ACH payment
$2,000 received, less a $0 incoming ACH fee = $2,000 credited to the USD balance.
Left out: what the payer's bank charges the payer to send the payment, and the cost of moving the money on. Sending all $2,000 to an account in another currency would add an FX fee of $7.00.
How this page is compiled
Every figure here was read on fasset.com on 6 October 2026: the card page and card terms, the Reserve page, the OTC desk page and two blog posts, one on the dedicated USD IBAN and one on ACH payments. The USDT gaps were checked against the buying guide.
The tables describe a personal account in the Fasset app. Fasset Business is in private beta, so it is not covered.
Excluded: charges that other firms set (a payer's bank, a receiving bank, a merchant, a card network, a blockchain network), taxes, and rewards or cashback. Each amount stays in the currency the company publishes it in.
The numbers are checked against the live pages every 30 days, and the page has an editorial review every 90 days. The date in the heading changes only when a number changes, and every change goes into the change log. Where the live site gives no number, or two different ones, the cell reads “to be confirmed”.
The reviewer is the Head of Compliance. See the editorial policy for how pages are written and checked, and about Fasset for the companies behind each product.
Fee questions
Six short answers. Each ends with the page that owns the number.
Questions about accounts, security and the app are in the Fasset FAQ.
Does Fasset charge a monthly fee?
No monthly fee is published for the products on this page. The dedicated USD IBAN costs $9.99 once and $0 a month, and the card page lists no monthly charge. The invite-only Reserve card differs: it has an annual fee. See the USD account and dedicated IBAN.
What is the Fasset Card fee?
The Fasset Card fee is 9.99 USDT, paid once when the card is issued. Top-ups, withdrawals to the Fasset wallet and cancellation are free, and no per-transaction fee applies during the promotional phase, whose end date is not published. Purchases in a currency other than USD carry a foreign exchange fee that is still to be confirmed. The full terms are on the Fasset Card page.
Is there a fee to receive USD?
No. Fasset charges nothing to receive a payment from a US bank by ACH, and transfers between the Cash Wallet and the IBAN are free. The one fixed cost is the $9.99 issuance fee for a dedicated USD IBAN. The payer's bank may still charge the payer. Details are on the Fasset USD account page.
What is the FX fee?
The FX fee is 0.35% of the amount, charged when you send from the USD balance to an account in another currency. On $1,000 that is $3.50. This page does not cover the exchange rate used, so check what the recipient will get before you send. The guide to how a USD account works shows where FX costs appear.
Are there fees Fasset does not control?
Yes. A payer's bank can charge for sending an ACH payment, a receiving bank for an incoming transfer, a merchant or a card network for converting currency, and a blockchain network for an on-chain transfer. Fasset sets none of these, and none is in the tables above. If a charge looks wrong, ask support about a fee.
Where is the fee for buying USDT?
It is not published. The buying guide on fasset.com still shows “to be confirmed” in place of the retail fee and the spread, so this page prints no number. Until one is published, compare what you pay with the final “you receive” figure before you confirm. The steps are on how to buy USDT in the UAE with AED.
Change log
Every change to a number on this page is listed here with its date, newest first.
- Page created from figures published on fasset.com and read on 6 October 2026.
Open the app, or ask about a fee
The Fasset app is on the App Store (app ID 1599893605) and on Google Play (package com.fasset.cashapp). If a charge in the app differs from a number here, tell support and quote the review date.
- Help centre
- Send a support request
- [email protected]
- Complaints
- If support does not settle it, follow how to make a complaint.