1inch shuts its crypto card but keeps leftover balances claimable for six years

1inch Card holders who miss the December 18 withdrawal date will still have a claim on their money. Leftover e-wallet balances remain redeemable for up to six years after an account closes, said 1inch, as it closes its crypto debit card. The program is no longer accepting new signups. For now, existing cards and accounts still work. Section 16 of the issuer’s terms keeps e-wallet balances claimable 1inch steers holders to Section 16 of the published card terms of the issuer, which addresses redeeming funds held in an e-wallet. According to the FAQ, under that section, the money can be claimed up to six years after the account is closed. If a holder misses the window, they should contact Crypto Life or the issuer under the card’s terms.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.