It's funny I think Crypto.com is based in Asia – but not sure if from every Asian jurisdiction you can get the card, etc. It's not self-custodian, I believe. I think you also have to hold quite a lot of to get it.
I think for any DeFi account, withdrawals are a valid function. For example, you may want to spend the outside of the credit card payment system. This is considered a withdrawal in these account systems. What we normally would call a transfer when using Ethereum directly like with MetaMask.
Withdrawals on your ETH address? How would you benefit from Monolith then? Monolith is just convenient way to spend your crypto. But you should take in consideration the fees for each transaction.
Monolith is essentially a smart-contract wallet. And yes, you are right, there is not other one at the moment that can also offer a card attached to it.
Well, Wirex doesn't pay any yield. The fees are also quite expensive at least for Ethereum. They use complex smart contracts e.g. $30 for a withdrawal.
Maybe this is already in the making but a confirmation would be great. Monolith is currently available in the UK and the EU. Other providers like Wirex have expanded into Asia–Pacific. Correct me if I'm wrong but I believe, at the moment, there is no other interest-bearing account with a Crypto credit card that is issued widely to people in the region.
Non-custodial contract wallet paired with a debit card to spend your ETH ERC-20 in real life. The first VISA debit card connected to a non-custodial wallet - the functionality of Visa with the independence of Ethereum. The DeFi banking experience: swap, spend, earn interest, and borrow from anywhere on the Internet. A regular sort code and account number, or European IBAN - your salary directly into DAI.