Crypto debit cards are innovative payment tools that function similarly to traditional credit or debit cards. They enable users to make online purchases and pay for services like Uber, Venmo, and Apple Pay using their digital assets. With a growing number of options available, how do you choose the right one for your needs? Let’s explore some of the top choices and their features.
What Is a Crypto Debit Card?
An ideal cryptocurrency debit card offers both convenience and flexibility. It allows cardholders to spend or earn crypto assets at physical and online stores—even if the merchant doesn’t directly accept cryptocurrencies. Instead of converting Bitcoin to fiat manually, users pre-load their cards with a certain amount of crypto. During a transaction, the cryptocurrency is automatically converted into the local fiat currency.
These cards often come with perks like cashback rewards and can even be used for paying taxes. They also provide secure mobile access and support for multiple types of cryptocurrencies.
Top 10 Crypto Debit Cards to Consider
Here’s a detailed look at some of the best crypto debit cards available, how they work, and what makes each unique.
1. Coinbase Debit Card
Launched in 2019, the Coinbase Card is available to users in the UK and the United States. This Visa debit card links directly to your Coinbase account, which supports cryptocurrencies like Bitcoin, Ethereum, Stellar Lumens, Litecoin, and Dogecoin.
The card charges no annual fee, though UK residents pay a small issuance fee. Through its crypto rewards program, users can earn up to 4% cashback on purchases—rewards are paid in Bitcoin or Stellar Lumens.
Security features include two-factor authentication and instant card freezing. The mobile app allows worldwide spending and ATM cash withdrawals (up to $1,000 daily). It also includes a built-in spending tracker.
2. Binance Debit Card
Binance Card was introduced in select European countries in late 2020. It supports cryptocurrencies like Bitcoin, Ethereum, Binance Coin, Binance USD, and SXP. There are no annual, management, or processing fees, though third-party fees may apply.
Users can earn cashback of up to 8% based on their monthly BNB balance. The card works anywhere Visa is accepted, including ATMs. Note that some transactions—like those on crypto exchanges or digital wallets—may not qualify for rewards.
3. BitPay Prepaid Crypto Card
The BitPay Mastercard is accepted at millions of locations worldwide. It requires a BitPay wallet, which supports Bitcoin, Bitcoin Cash, Ethereum, and several stablecoins. A $10 issuance fee applies.
Users can convert crypto to fiat with no conversion fee (network fees may apply). Daily limits include $6,000 for ATM withdrawals and $10,000 for spending. There’s no cashback program, and a $5 monthly inactivity fee is charged after 90 days of non-use.
4. Embily Visa Debit Card
The Embily Visa card supports nine cryptocurrencies, including Bitcoin and Ethereum. Fees include a €2 monthly service charge, a 1% loading fee, and a 1.50% foreign transaction fee. Both physical and virtual cards are available.
While it doesn’t offer cashback, users can earn referral rewards. The platform is known for its user-friendly interface and detailed FAQ section. It also integrates with Apple Pay and Google Pay.
5. BlockFi Rewards Visa Signature Card
The BlockFi Visa Card offers up to 1.5% back in crypto on all purchases. Supported currencies include Bitcoin, Ethereum, and Litecoin. Users earn 1.5% back when purchasing crypto and 0.25% on other transactions. High spenders can qualify for 2% rewards.
Note that rewards are not distributed in real-time, and there are no bonus categories. This card may be more suitable for existing BlockFi users.
6. Crypto.com Visa Card
This prepaid Visa card supports a wide range of cryptocurrencies and charges no annual fee. It automatically converts crypto to fiat at the time of purchase. Cashback is paid in Cronos (CRO), which can be traded on the platform.
Card tiers vary based on the user’s stake, with benefits like higher ATM limits and cashback rates. The top-tier Obsidian card offers 5% back in CRO, while the entry-level Midnight Blue has no cashback.
7. Nexo Mastercard
The Nexo Card is available in select European countries and allows users to spend without selling their crypto—digital assets are used as collateral instead. It charges no monthly or inactivity fees.
Cardholders earn 2% cashback in Nexo’s token (NEXO) or Bitcoin. The card integrates with mobile wallets and offers features like instant freezing and transaction alerts.
8. TRASTRA Visa Debit Card
Available in the European Economic Area, the TRASTRA Visa card supports cryptocurrencies like Bitcoin, Ethereum, and Litecoin. It charges a €9 issuance fee and a €1.25 monthly fee. ATM withdrawals cost €2.25 for euros and 3% for other currencies.
There’s no spending commission for euro transactions, but non-euro purchases incur a 3% fee.
9. Uphold Mastercard
The Uphold Card supports 40+ cryptocurrencies, 23 fiat currencies, and precious metals. It charges no foreign transaction fees, though ATM withdrawals cost $2.50.
Users earn 2% back in crypto on spending. Soon, all purchases will qualify for 1% cashback. Note that customer support response times can be slow.
10. Jubiter Debit Card
Jubiter currently supports Bitcoin and Litecoin. It charges no issuance fee but has a €1.80 monthly fee. Loading and currency conversion fees are 1.60% and 3%, respectively.
The card has a high balance limit of €60,000 and includes security features like instant freezing and fraud protection.
How to Choose the Right Crypto Debit Card
When selecting a crypto debit card, consider the following factors:
- Supported cryptocurrencies: Ensure the card supports the assets you hold.
- Fees: Compare issuance, monthly, transaction, and ATM fees.
- Rewards: Look for cashback programs or other incentives.
- Geographic availability: Some cards are region-specific.
- Security: Opt for cards with strong security measures and insurance.
👉 Compare top crypto card features
Frequently Asked Questions
What is a crypto debit card?
A crypto debit card lets you spend cryptocurrency at everyday merchants. The crypto is converted to fiat currency automatically during transactions.
Are crypto debit cards safe?
Most cards offer security features like two-factor authentication, instant freezing, and encryption. However, since the crypto space is largely unregulated, choose providers with strong track records.
Do crypto debit cards charge fees?
Many cards charge fees for issuance, monthly maintenance, ATM use, or foreign transactions. Always review the fee structure before applying.
Can I earn rewards with a crypto debit card?
Yes, many cards offer cashback in crypto or tokens. Reward rates often depend on spending volume or asset holdings.
Which cryptocurrencies are commonly supported?
Bitcoin, Ethereum, Litecoin, and stablecoins are widely supported. Some cards also offer support for altcoins and proprietary tokens.
How do I load a crypto debit card?
You can typically load your card by transferring cryptocurrency from your wallet to the card’s linked account. Some cards also allow fiat deposits.
Conclusion
Crypto debit cards bridge the gap between digital assets and everyday spending. They offer a practical way to use cryptocurrencies while often providing rewards and enhanced security. As adoption grows, these cards are likely to become even more versatile and user-friendly.
Remember to research fees, supported currencies, and regional availability before choosing a card. And as always, exercise caution—crypto markets are volatile, and the industry is still evolving.