New card does not wrap properly.

I cannot get the new cards to word-wrap properly - There seem to be an added padding at the bottom of the card which I cannot get rid of.

Text wrap for values is on.

Anyone else experienced this?

If I make the box slightly bigger, the text wraps but with a big gap at the bottom of the box.

I have also tried using the vertical layout for top, middle and bottom with no space between cards, same result.

I want to use the new card for it's layout functionalities that not available in the basic cards.