The Raenest Card Just Got Upgraded

Since its creation, the Raenest card has helped thousands of freelancers, remote workers, businesses, and everyday spenders move money across borders without friction. It paid for subscriptions, shopping, and ads across various platforms globally. It travelled with people across cities, currencies, and time zones. 

As more users began stretching the card into new use cases, an opportunity to improve the experience came into focus. In that spirit, we are taking the card a step further, offering a smoother, more flexible way to spend globally with greater control. 

Meet the Upgraded Raenest card

The new Raenest card brings together everything cardholders have been asking for: built on the Visa network for wider acceptance, linked directly to Raenest balances (so funding the card before each transaction is no longer needed), and designed for both online platforms and in-person checkouts across more countries. It's a card that spends the way modern money movement demands, with the control, flexibility, and security to match. Here’s what’s new:

• Now powered by Visa: Accepted at over 150 million merchants where Visa is accepted.
• Visa perks: Your card comes with cashbacks, valuable protections, including worldwide Auto Rental Insurance, Purchase Protection, Price Protection, and Extended Warranty, so you're covered long after you've paid.
• Spend directly from your balances (USD, GBP, EUR and NGN): You no longer need to fund your card before making a payment. Your card now links directly to your Raenest balances.
• No card funding fees: Since your card spends directly from your Raenest balances, there's no need to fund your card separately or pay card funding fees.
• More room to spend: Daily spending limits of up to $20,000 and $60,000 monthly, depending on your KYC level.
• Shop globally with ease: From North America and Europe to Asia and the Middle East, your card is accepted in more countries so you can pay confidently wherever life takes you.
• Tap to pay: Use your card for contactless payments like Google Pay and Apple Pay while shopping abroad, from the corner café to the supermarket checkout.
• More control and security: Freeze your card instantly whenever needed and complete transactions securely with 3D Secure authentication and OTP verification.

Why the change

When we launched the Raenest USD card, our goal was simple: give you a card that worked where you needed it most. For thousands of users, it became the card they could finally rely on for global payments.

Since then, the way you use your card has evolved. You're shopping on more platforms, paying across more countries, and expecting every transaction to be fast, secure, and dependable.

That's why we've upgraded to Visa. With broader global acceptance, premium Visa benefits, support for digital wallets, and the ability to spend directly from your Raenest balances, your card is built to keep up with the way you spend today and wherever life takes you next.

A few important things to know

• Transaction fee: $0.70 per card transaction. See our updated pricing here.
• Individual users can have one active virtual card at a time.
• Card limits are based on your KYC level.
• After creating a new card, cardholders should update all platforms they use with the new card information.
• We have also created resources to help you take advantage of the new card, including how to link it to Apple Pay, how to link it to Google Pay, and the 40-plus platforms you can use your card on.

What to do next

Creating your new Visa card takes just a few minutes in the Raenest app. If you're new to Raenest, simply sign up, complete your verification, and create your card, all in the app. Here's how it works:

Step 1: Once you’ve created your Raenest account, log in to the Raenest app and click Cards on the dashboard.

Step 2: On the Cards page, tap Create Card.

Step 3:Enter your card name and set the priority order for your linked balances.

Step 4: Pay the $3 card creation fee.

Step 5: Once you've successfully created your card, it'll be ready for use instantly.

Step 6: Update your new card details on all the platforms you use your Raenest card.

Get the new Raenest card today.

Frequently asked questions

1. Do I still need to fund my card before making a payment?

No. The new Raenest Virtual Card is linked directly to your Raenest balances, so you no longer need to fund your card before making a payment.

When you make a transaction, your card automatically deducts from your linked balances in the order you've set.

2. How do linked balances work?

Your virtual card is connected to your Raenest balances. During card creation, you can arrange your balances in the order you'd like them to be used.

Whenever you make a payment, the system will check your balances in that order and debit the first balance with enough funds to complete your transaction.

3. Will the platforms I've linked my card to automatically debit my account?

If you've authorised a platform to charge your card for recurring payments or subscriptions, those charges will continue as scheduled.

With the new Raenest Virtual Card, you no longer need to fund your card first. Payments will be deducted directly from your linked balances based on the order you've set.

If you'd rather not be charged while you're not using a service, we recommend cancelling or pausing your subscription directly with the platform until you're ready to use it again. That way, you stay in control of when payments resume.

4. What should I do if I think my card has been compromised?

If you think your card details have been compromised, freeze your card immediately from the Raenest app. This helps prevent any new transactions while you secure your account.

For added protection, Raenest Virtual Cards support 3D Secure authentication for eligible transactions. This means that when additional verification is required, you'll be asked to enter a one-time password (OTP) sent to your email or via push notification before the payment can be completed.

If, after securing your card, you confirm that it has been compromised, you can simply terminate it and create a new virtual card from the app.

5. What determines my card spending limits?

Your card spending limits are based on your KYC verification level. The higher your KYC level, the higher your daily and monthly spending limits.

The limits for each KYC level are:

• KYC Level 1: Up to $7,000 per day and $21,000 per month.
• KYC Level 2: Up to $10,000 per day and $25,000 per month.
• KYC Level 3: Up to $12,000 per day and $36,000 per month.
• KYC Level 4: Up to $15,000 per day and $45,000 per month.
• KYC Level 5: Up to $20,000 per day and $60,000 per month.

6. Can I increase my card limit?

Yes. Since your spending limits are tied to your KYC level, completing a higher KYC verification level will increase your daily and monthly card limits.

7. Can I add my card to Apple Pay?

Yes. You can add your Raenest Virtual Card to Apple Pay by entering your card details and completing Apple's verification process. Once verified, you can use your card anywhere Apple Pay is accepted. Learn how to link your Raenest card to Apple Pay here.

8. Can I add my card to Google Pay?

Yes. Open the Google Wallet app, add your Raenest Virtual Card, enter your card details, and complete the verification process. Once verified, your card will be ready for tap-to-pay purchases.  Learn how to link your Raenest card to Google Pay here.

9. Is my Raenest card secure?

Yes. Raenest Virtual Cards support 3D Secure authentication for eligible transactions. When additional verification is required, you'll receive a one-time password (OTP) via email or push notification to complete your payment securely. You can also freeze your card instantly from the Raenest app whenever you need to.

10. Can I freeze or terminate my card?

Yes. You can freeze your card at any time from the Raenest app to temporarily stop transactions. If you no longer need your card, you can also terminate it. If you terminate two cards within the same 24-hour period, you'll need to wait 24 hours before creating another card.

11. Do I need to replace my existing Raenest card?

Yes. Existing Raenest cards won't automatically switch to the new experience. To enjoy the upgraded Visa card, linked balances, and the latest features, you'll need to create a new card in the Raenest app. After creating your new card, remember to update your card details anywhere you've saved your previous card, such as subscription services, shopping platforms, and online accounts.