myPOS review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
myPOS is a free business card for sole traders and small teams, with a monthly fee of £0 and an annual fee of £0. It suits businesses that want team cards, a virtual card issued instantly and cashback on everyday spend, though balances sit with an e-money issuer rather than a bank.
Key facts
- Best for
- A no-fee business card with team spending limits and an instant virtual card.
- Monthly fee
- £0 (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Cashback rate
- 0.1% (Source, checked September 26, 2026)
- Card network
- Mastercard (Source, checked September 26, 2026)
- Currencies
- up to 50 (Source, checked September 26, 2026)
- Legal entity
- myPOS Limited (Source, checked September 26, 2026)
- Headquarters
- Ireland (Source, checked September 26, 2026)
- Founded
- 2012 (Source, checked September 26, 2026)
- Support channels
- Help-centre, Phone, Email (Source, checked September 26, 2026)
- Features
- Multi-currency, Virtual card
- Audience
- Business
- Official website
- mypos.com
Credit cards
- Annual fee
- £0 (Source, checked September 26, 2026)
- Rewards type
- Cashback (Source, checked September 26, 2026)
- Rewards rate
- 0.1% cashback on all eligible transactions; 10% cashback in the myPOS Online Shop (Source, checked September 26, 2026)
- Perks
- Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal), Apple Pay and Google Pay ready, Virtual card issued instantly, Team cards with individual spending limits, Freeze and unfreeze the card in the app, Priority customer support available 24/7 including holidays (Source, checked September 26, 2026)
- Cashback rate
- 0.1% (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- myPOS Limited (Source, checked September 26, 2026)
- Headquarters
- Ireland (Source, checked September 26, 2026)
- Founded
- 2012 (Source, checked September 26, 2026)
- Support channels
- Help-centre, Phone, Email (Source, checked September 26, 2026)
- Pricing model
- No annual fee
- Features
- Multi-currency, Virtual card
- Audience
- Business
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- WikidataLinkedInXTrustpilot
Pros and cons
Pros
- Running costs are free: a monthly fee of £0 and an annual fee of £0.
- Team cards with individual spending limits and an instant virtual card, both listed in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready.
- Apple Pay and Google Pay ready, and the card can be frozen and unfrozen in the app, listed in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready.
- Cashback on eligible transactions, with a higher rate in the myPOS Online Shop.
Cons
- Free ATM withdrawals are capped at the small monthly allowance in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready, with a slightly higher figure on the Metal card.
- Cashback applies only to eligible transactions and is far lower outside the myPOS Online Shop.
- The card is built for business customers, business, and support runs on help centre, phone and email only.
Who it suits
- Sole traders and small teams that want a Mastercard business card with no monthly or annual charge.
- Businesses that need several cards with a separate spending limit for each person.
- Anyone paying for software or advertising who wants a virtual card straight away.
Who should look elsewhere
- People building a credit history: Chime Card (Secured Visa Credit Card), monthly fee $0, is a secured Visa credit card rather than a business card.
- Crypto spending: Bitpanda, monthly fee €0, serves exchange customers rather than business expenses.
- Borrowing rather than spending the balance: Varo Believe Secured Credit Card, monthly fee $0, is a secured credit card.
Safety of your money
myPOS holds customer money as an electronic money institution. In the UK it is authorised by the Financial Conduct Authority, 900826, and separately registered in Ireland with IE_CBI, PSD_EMI IE_CBI!C475122. Balances therefore sit with a licensed e-money issuer rather than a deposit taker.
Who runs it
The card is issued by myPOS Limited, myPOS Limited, headquartered in Ireland, IE, and trading since 2012. Support runs through help centre, phone and email, and priority support is set out in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready. The UK electronic money licence sits with myPOS Payments under the Financial Conduct Authority, 900826, alongside the Irish registration, PSD_EMI IE_CBI!C475122.
How myPOS compares
9.0 vs 9.4
9.0 vs 9.0
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9.0 vs 9.2An exchange card for crypto spending, also with a monthly fee of €0.
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Where myPOS is available
- Available
- Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom
- Licence in United Kingdom
- Financial Conduct Authority (FCA) - myPOS Payments, Electronic Money Institution (900826), checked September 26, 2026
- Licence in Ireland
- IE_CBI (PSD_EMI IE_CBI!C475122), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the myPOS business card cost to run?+
There is no monthly charge and no annual charge: the monthly fee is £0 and the annual fee is £0. Cashback applies to eligible transactions, with a higher rate in the myPOS Online Shop, so spend patterns rather than fees drive the return.
Is money held in a myPOS account protected?+
myPOS is authorised as an electronic money institution in the UK by the Financial Conduct Authority, 900826, and separately registered in Ireland with IE_CBI, PSD_EMI IE_CBI!C475122. Balances sit with a licensed e-money issuer rather than a bank, and the licence and the registration sit with the same brand.
How many currencies does the myPOS card cover?+
The card range is multi-currency and virtual, multi currency and virtual card, covering up to 50 currencies. That suits businesses buying from suppliers abroad who want to keep spending in local currency rather than converting every payment by hand.
Are there free ATM withdrawals on the myPOS card?+
A monthly free ATM allowance comes with the card, and the Metal card carries a slightly higher figure, both set out in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready. Cash-heavy businesses should plan around that allowance rather than assume unlimited free withdrawals from the account.
Does the myPOS card work with Apple Pay and Google Pay?+
Both mobile wallets are supported, and the card can be frozen and unfrozen in the app, as listed in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready. A virtual card is issued instantly, which suits businesses paying for software or advertising without waiting for plastic to arrive.
Can staff have their own myPOS cards and limits?+
Team cards come with individual spending limits, listed in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready, so each staff member can hold a card with their own ceiling. Support runs on help centre, phone and email, and priority support is described in Priority Pass access to over 1700 lounges worldwide, 3 free ATM withdrawals per month (5 on Metal) and Apple Pay and Google Pay ready as available around the clock, including holidays.
Who is the myPOS card built for?+
The account is aimed at business customers, business, and the card itself is a debit card, debit, running on Mastercard, mastercard. That suits sole traders and small teams who want business spend on a card with no monthly charge, £0.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“EntityCode=IE_CBI!C475122; EntityType=PSD_EMI; ENT_NAM=myPOS Limited”
- help.mypos.com/hc/en-gb/articles/6853409501469-Types-of-m... checked September 26, 2026
Backs: Features
“Standard Card: Linked to your free account in one of the supported currencies ... Spend in any currency at the interbank exchange rate ... Virtual card: Your myPOS virtual card is built for secure,...”
- help.mypos.com/hc/en-gb/search checked September 26, 2026
Backs: Currencies
“Multi-currency IBANs: Access up to 50 different IBAN accounts in multiple currencies with a single IBAN.”
- mypos.com/en-gb/affiliates checked September 26, 2026
Backs: Support channels
“Should you have any further questions, you can contact us at [email protected]. We will be happy to answer any enquiries you may have.”
- mypos.com/en-gb/business-card checked September 26, 2026
Backs: Free ATM withdrawals, Audience, Card type, Cashback rate, Cashback rate, Card network, Perks, Rewards rate, Rewards type
“Standard card: 3 free ATM withdrawals per month; Premium: 3 free ATM withdrawals per month; Metal: 5 free ATM withdrawals per month”
- mypos.com/en-gb/our-story checked September 26, 2026
Backs: Founded
“inspired us to get started in 2012 when we saw a chance to offer EU merchants more freedom”
- mypos.com/en-gb/pricing-and-fees checked September 26, 2026
Backs: Monthly fee
“Standard card: Free for the first card; Business Mastercard card Free; fixed monthly costs GBP 0”
- mypos.com/en-gb/pricing-and-fees/fees checked September 26, 2026
Backs: Annual fee, Card kind, Pricing model
“The myPOS Business Card is issued free of charge, only operations made with the card are charged”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
myPOS
A no-fee business card with team spending limits and an instant virtual card.