What are the Transaction Fees to Purchase Crypto with Credit or Debit Card using MoonPay?

MoonPay will charge a 4.5% transaction fee or a minimum of 4.99 USD, plus a 1% trade fee levied by GokuMarket.

To put this into perspective, VISA & Mastercard usually charge up to 3.5% from merchants on traditional card purchases and there is no or very little currency volatility risk on such purchases.

Looking at several other fiat to crypto on-ramp credit and debit card service providers, they generally charge fees between 5-10%.

[Latest update 2020-06-20]