BasedGold is our limited-edition program. There will only be a maximum of 444 BasedGold members that will be available. With BasedGold, you join an exclusive circle of users who will get access to an ultra-premium 20g mirror-finish stainless-steel card.
Whether the upgrade is worth it from a financial point of view
It depends on your spending habits and financial rails that you have access to. Generally, if you frequently spend crypto, especially overseas, BasedApp Gold may offer significant value.
For context, traditional methods often cost you:
Off-ramping USDC to fiat typically costs about 0.5% per transaction.
Using standard credit cards (like American Express or other bank-issued cards) overseas often incurs FX markups ranging from 3.5% to 5%.
Cost of BasedGold
To sign up for BasedGold, you will incur a cost of $1,000 upfront which will come with one year of Gold+ Rewards. Additional Gold+ Rewards can be renewed at $550 per year.
Benefits of BasedGold
BasedGold members get access to zero foreign transaction fees while their Gold subscription is active. In addition, they also get access to Gold+ Rewards - an optional add-on program, for free in the first year.
Gold+ Rewards give you access to
Airport Lounge Access: 8 airport lounge visits through Priority Pass (Valued at 419 USD)
Monthly entertainment rebates: Up to USD 20/month for subscriptions like Netflix, Spotify, and YouTube Premium.
Crypto event rebates: USD 200 annually.
Accelerated Points Earn
If you spend a lot overseas, the cost savings that you can get from not having to pay the off-ramp fees or savings from foreign currency exchange fees (bank's 3.5%-5% vs BasedGold 0% on top of Visa rates) may make the upgrade worth it.