Best Bitcoin Debit Cards Compared
Best Crypto (Bitcoin) Debit Card - Bybit card
Top Crypto (Bitcoin) Debit Cards:
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1
Bybit card - Best for all
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2
Kucoin card - Best for Europeans
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3
Coinbase card - Best in the USA
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4
Crypto.com card - Best for Multi-Currency Crypto Investors and Traders
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5
Bitpay card - Best Crypto Debit Card USA
For the past half-decade or so, cryptocurrencies like Bitcoin, Ethereum, and the likes have taken the world by storm, and with good reason. They offer a way to securely and anonymously send and receive payments online. This has led to an explosion in the popularity of Bitcoin and other cryptocurrencies.
As their popularity has grown, so too has the need for ways to spend them. One popular way to spend cryptocurrencies is through the use of crypto debit cards. These are cards that are linked to your crypto wallet and can be used to make purchases in the same way as a regular debit card. But with so many crypto cards, choosing the right bitcoin debit card for your needs is a tad challenging, but that's where we come in.
In today's post, we'll take a look at some of the best crypto debit cards available today. We'll compare the features, pros, and cons of each card to help you decide which one is right for you.
Low fee ByBit bank сard reviewWhat Is a Crypto Debit Card?
A crypto debit card, famously known as a bitcoin debit card, is a type of debit card that allows you to spend your cryptocurrencies in the same way as you would regular cash. The card is linked to your cryptocurrency wallet and can be used to make purchases both online and offline.
Some crypto cards also offer the ability to convert your cryptocurrencies into fiat currency, which can be spent anywhere that accepts debit cards. This is a handy feature if you're looking to make a purchase but don't have any fiat currency on hand.
It helps crypto holders purchase goods and services without the hassle of converting crypto to currency, and then transferring the cash to their bank accounts or credit cards. Without a debit card for cryptocurrencies, crypto holders would have to:
Send money from their crypto wallets to a reputable exchange
Wait as the exchange wires the cash amount
Transfer the cash to their accounts or credit cards
Purchase the goods or services
A crypto debit card, on the other hand, lets you do all of that in one go. To pay with a crypto debit card, all you have to do is:
Link your crypto wallet to the card
Enter your pin
Pay for the goods or services you want
It's that simple! No need to go through an exchange, no need to wait for wire transfers, and no need to convert your crypto into fiat currency. Just link your wallet and pay. Some cards also offer the ability to earn rewards and cashback, just like regular debit cards.
How to Choose the Best Crypto Debit Card
The cryptocurrency landscape is growing larger by the day. This translates to a plethora of cryptocurrencies and cryptocurrency debit cards for consumers to choose from. Here are a couple of tips for picking the best crypto debit card.
Check the security features like multi-factor authentication, SSL encryption, and others
Check the fees, including monthly, transaction, and foreign transaction fees
Check what cryptocurrencies the crypto debit card supports
Look at the bonuses and rewards that the crypto card offers
Check whether the crypto card is supported in your specific country
Check the card's staking requirements
Best Crypto (Bitcoin) Debit Cards 2024
We've scoured the internet looking for the best crypto debit cards worth your time and money. From the plethora of options, here are our top picks for the best crypto debit cards in 2023.
Bybit Card
The Bybit card is a popular choice among cryptocurrency enthusiasts. It offers competitive fees and attractive cashback and bonuses. According to reviews on the Traders Union website, users appreciate the card’s ease of use and ability to easily convert cryptocurrencies into fiat currency.
The Bybit card has competitive fees compared to other Bitcoin debit cards. There is no monthly maintenance fee, and the card charges a reasonable fee for ATM withdrawals and foreign transactions.
The Bybit card has a cashback program that allows users to earn rewards for their purchases. These rewards can then be redeemed for cryptocurrencies or other exciting perks. Additionally, the card provides bonuses for referring friends to the platform.
Kucoin VISA debit card - Best for Europeans
The Kucoin Kucard is the exchange's own branded debit card that allows citizens and residents of the European Economic Area to spend the crypto in their Kucoin accounts. It works seamlessly with the Kucoin exchange to enable instant conversion of supported cryptocurrencies to fiat for spending via the card. Currently the card allows you to spend the euros and USDT in your Kucoin account anywhere that accepts Visa payments. If you don't have enough euros for a purchase, KuCard will automatically convert your USDT to cover the difference. But if you're short on both currencies, then the transaction will be declined. Kucoin plans to offer more flexibility when funding payments, with more supported cryptocurrencies on the way. You'll be able to customize exactly how your available balances are used.
KuCard fees and limits
The KuCard has the following fee structure:
Requesting a Physical Card: 9.99 EUR per card.
Replacing a Card: 9.99 EUR per card.
Transactions Within Europe: Free per transaction.
Transactions Outside Europe: 2% of transaction total.
ATM Withdrawal (Within Europe): 2.00 EUR per withdrawal.
ATM Withdrawal (International): 2% of withdrawal amount.
Express Card Delivery: 30.00 EUR per card.
Annual Fee: 10.00 EUR per card.
Transaction limits apply as follows:
Online Transactions: Daily €20,000, Monthly €25,000, Max per Transaction €10,000
Offline Transactions: Daily €20,000, Monthly €25,000, Max per Transaction €10,000
Cash Withdrawals: Daily €700, Monthly €5,000, Max per Transaction €350
Cashback and Bonuses
KuCard members access a suite of rewards making every swipe more lucrative. Earn cashback on purchases, save at partner stores with special discounts, and indulge in other membership perks. But rather than a standard rewards program, KuCard holders can participate in numerous limited-time events and competitions. No constant rewards program means no commitments - just fun new ways to earn with each announcement.
Pros and Cons
The pros include:
Supports spending directly from your Kucoin account.
Large daily spending limits provide flexibility to make bigger purchases.
Can be used globally.
The cons include:
Restrictions on obtaining (only for EEA).
Rewards structure lacks consistency of permanent cashback program.
Currently only supports EUR and USDT, cardholder cannot spend directly from other crypto holdings.
Bitget Visa card - Best for large spending
The Bitget Card is a premium Visa Platinum credit card that lets you spend your crypto like fiat currency, without needing to top up or convert in advance. Available exclusively to Bitget VIPs by invitation, it boasts flexible spending limits, real-time crypto conversion, and generous rewards
Fees and limits
The Bitget card has the following fee structure:
Annual Fee: None
Issuance fee: None
Inactivity fee: USD$1 per month after 12 months of no card-transactions
Crypto Conversion fees: 0.9%
Foreign Transaction Fee: 0.5%
ATM withdrawals fee (USD): 2%
ATM withdrawals fee (non-USD): 4%
Transaction limits apply as follows:
Daily Spending Limit (in USD): $3000-$100,000
Monthly Spending Limit (in USD): $90000-$1,000,000
ATM withdrawals limit: Daily: USD 2,000 / Monthly: USD 10,000
ATM withdrawals frequency: Daily: 3 times / Monthly: 30 times
Bonuses and Rewards
Bitget announced an impressive suite of exclusive benefits launching in Q1 2024. Cashback Rewards - cashback on everyday purchases made with a Bitget Card. A percentage (up to 8%) of every transaction will be automatically rebated in BGB tokens straight back to your account.
Merchant Partner Discounts - popular brands to offer exclusive savings just for Bitget Card users.
Pros and Cons
The pros include:
Global acceptance.
High spending limits.
Competitive fees.
The cons include:
Restricted eligibility.
Currently, supports only USDT.
WhiteBIT VISA debit card Best for WhiteBIT customers
The card is issued by the cryptocurrency exchange WhiteBIT. It allows users to spend crypto assets from their WhiteBIT account at merchants that accept Visa. Cardholders can select from a range of cryptocurrencies in their WhiteBIT account to top up their card balance.
Fees and limits
The WhiteBIT card has the following fee structure:
Card To Card Transfer fee: 1.5%-2.5%
Monthly 3-4 USD or Annual 24-38 USD service fee
ATM Withdrawal fee: 2.8%
Withdrawal via PayUnicard Wallet: Free
Deposit via PayUnicard Wallet: 0.2%
Deposit WhiteBIT Georgia account via e-commerce (Mercury): 2.5%
Transaction limits apply as follows:
24-hour ATM withdrawal limit: 1500-2000 USD
24-hour purchase limit: 3000-15000 USD
Bonuses and Rewards
The loyalty program is scheduled to launch in the near future.
Pros and Cons
The pros include:
Convenient withdrawal limits.
Visa coverage.
The cons include:
High fees.
Operation through PayUnicard.
Coinbase Visa Card - Best in the USA
Coinbase visa card easily takes the cake when it comes to the best crypto debit card in the US. It is one of the most user-friendly cards with a great design, no staking requirements, and low fees. The card supports a total of fourteen cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and XRP, among others. You need a minimum balance of $2 and you can use the card internationally.
Coinbase Debit Card Fees
Coinbase charges zero transaction fees for both domestic and international transactions. This includes a 0% foreign transaction fee, a % ATM withdrawal fee, and a $0 monthly card service fee. The only time you'll be charged a fee is when you convert your cryptocurrencies to fiat currency. Coinbase charges a 4% conversion fee
Coinbase Debit Card Cashback and Bonuses
Coinbase offers a modest cashback program that gives you up to 4% back on all purchases made with the card. This includes a 3% bonus on dining capped at $6,000 in yearly spending. 2% cashback on grocery spending and 1% cashback on other spending.
Coinbase Debit Card Pros and Cons
The pros of Coinbase debit card include:
Usable anywhere that accepts Visa payments
Robust security features
Accepts multiple crypto wallets
The cons of Coinbase debit card include:
Users need to set up a Coinbase account first
2.49% liquidation fee for cryptocurrencies except for USDC
Crypto.Com - Best for Multi-Currency Crypto Investors and Traders
Crypto.com debit card is a must-have for any serious crypto trader, investor, or the typical crypto enthusiast. The card supports 80 different cryptocurrencies and another 20 fiat currencies. The minimum deposit for bank transfers is 500 USDC and the minimum you can withdraw is 25 USDC. Plus, with a variety of bonuses and rewards, this is one crypto debit card you'll want to take everywhere with you.
Crypto.Com Debit Card Fees
Crypto.com doesn't charge any monthly, annual, or inactivity fees. It also doesn't charge any fee for depositing with wire or bank transfer or buying cryptocurrency. However, the card charges a 0.04% to 4% maker's fee and 2.99% as credit card fees.
Crypto.Com Cashback and Bonuses
The amount of cashback Crypto.Com card holders can receive depends on the type of card they hold. Here are the various card types and their respective cashback bonuses:
Obsidian card- 2% to 5% cashback bonus plus a host of other benefits
Icy white/Frosty rose gold - 1% to 3%
Royal indigo/jade green- 0% to 2%
Ruby steel- 0% to 1%
It's worth noting that card holders require a CRO stake to qualify for the above cashback bonuses and rewards. The midnight blue car doesn't offer any cashback bonuses or rewards. However, holders of this card don't have to stake CRO.
Crypto.Com Pros and Cons
The pros of Crypto.Com debit card include:
Supports well over 80 cryptocurrencies, including 20 fiat currencies.
No monthly, inactivity, or issuance fees
Excellent cashback bonuses and rebates(especially for streaming services)
The cons of Crypto.Com card include:
You need to purchase Crpto.Com's CROP tokens to use the card
You must stake your money to qualify for cashback bonuses and other rewards
Bitpay Debit Card - Best Crypto Debit Card USA
Bitpay debit card is one of the most popular crypto debit cards on the market. The card supports multiple cryptocurrencies including, Bitcoin, Ethereum, XRP, and a few others. You can use it anywhere that accepts Mastercard payments and there are no exchange fees within the US.
Bitpay Debit card Fees
Unlike our other selections, Bitpay charges for a number of its services. To use the Bitpay card, you'll have to pay the:
Issuance fee - $10
ATM fee- $2.50
Spend fee- 3%
Inactivity fee- $5
However, Bitpay doesn't charge any monthly fee. It also has a minimum deposit of $0, unlike other cards that require a minimum deposit.
Bitpay Debit Card Cashback and Bonuses
Bitpay card holders can get up to 15% cash back when they purchase from selected retail stores. Some of the said retail stores include Amazon.com, Best Buy, Home Depot, and Walmart among others.
Bitpay Pros and Cons
The pros of Bitpay debit card include:
Accepts 15 different cryptocurrencies including Bitcoin, Ethereum, Litecoin, and XRP among others
Low withdrawal limit on ATM withdrawals so users must withdraw multiple times for large amounts
Excellent exchange rates, especially for US residents (zero conversion fees)
Available worldwide
Robust security features and preserve users' anonymity
The cons of Bitpay debit card include:
The card charges a $10 issuance fee and a $5 inactivity fee
Relatively high fees
Only available for US residents
Relatively subpar cashback and rewards program
Bitwala - Best card for Zero-Fees
Bitwala is a crypto debit card that allows you to spend your cryptocurrency without paying any fees. The card is currently only available in 29 countries in the European Economic Area but it plans to expand to other countries soon. Bitwala is an all-in-one card that combines your regular account with crypto wallets and exchanges, allowing seamless buying, selling, and trading.
Bitwala Debit Card Fees
As mentioned earlier, Bitwala doesn't charge any fees. This includes an issuance fee, monthly fee, ATM fee, or any other administration fees. The only time you'll have to pay a fee is when you trade BTC with ETC. In this space, Bitwala charges 1% of the amount and the necessary network fees.
Bitwala Cashback and Bonuses
Bitwala offers a 0.05% cashback on all card purchases. The cashback is paid out in the form of Bitwala tokens, which can be used to receive discounts on future purchases.
Bitwala Debit Card Pros and Cons
The pros of Bitwala cryptocurrency debit card include:
No fees whatsoever except for when trading cryptos
Robust security features like biometric authorization
All-in-one crypto banking service
The cons of Bitwala debit card include:
Only available in Europe
Only supports Euros, Bitcoin, and Ethereum
Users must open a Bitwala account
Wirex Debit Card- Best for Perks and Bonuses
Wirex is a crypto-friendly personal finance platform that offers a Visa debit card. The card is available in over 130 countries and allows you to spend your cryptocurrency like regular cash. Wirex also offers a mobile app that allows users to buy, sell, store, and exchange their cryptocurrencies.
Wirex Debit Card Fees
There are no monthly or annual fees associated with the Wirex card. However, there is a 1.49% charge on top-ups to external debit and credit cards. Third parties may also charge you for exchanging crypto.
Wirex Debit card Pros and Cons
The pros of Wirex debit card include:
No monthly or annual fees
Up to 8% cashback on purchases
Available in 130 countries with over 130 fiat currencies
Excellent referral bonus
The cons of Wirex debit card include:
Third-party charges for exchanging crypto
Some limits on top-ups from external cards
Requires Wirex's native currency WXT for rewards
Nexo Debit Card - Best for Security
The security-conscious crypto holder will have a field day with the Nexo debit card. Nexo supports over 40 different cryptocurrencies and boasts 256-bit24/7 fraud monitoring military-grade encryption with 24/7 fraud monitoring.
Nexo Debit Card Fees
Nexo doesn't charge any annual, monthly, or inactivity fees. Users don't have to pay any FX fees for up to $20,000 per month. Once you run out of free withdrawals, you'll pay 2 pounds of euros for withdrawals. The number of free withdrawals you receive depends on your card loyalty tier.
Nexo Debit Card Cashback and Bonuses
Nexo crypto currency card offers cashback bonuses of up to 2%, depending on your card's loyalty tiers. The cashback rewards are as follows:
Base- 0.5 % NEXO tokens or 0.1% BTC
Silver- 0.7% in NEXO tokens or 0.2% BTC
Gold- 1% in NEXO tokens or 0.3% BTC
Platinum- 2% in NEXO tokes or 1% BTC
Remember, the more NEXO tokens you have the higher your loyalty tier, and the better your rewards. The rewards have different limits that reset every 30 days.
Best International Banks For Active TravelersBest Crypto (Bitcoin) Debit Cards Comparison
| Card | Minimum Balance | Fees | Supported coins (general number and top coins) | Cashback | Bonuses | Where Can I Use This Card |
|---|---|---|---|---|---|---|
Bybit |
None |
foreign exchange fee of 0.5% (on top of Mastercard's foreign exchange rate) and a crypto liquidation fee of 0.9% (on top of Spot fees). |
5 |
up to 12,500 points |
loyalty rewards program |
available to users in countries within the EEA (excluding Croatia, Iceland, Ireland, Liechtenstein, and Romania) and the UK. |
Kucoin |
None |
up to 2% per transaction |
1 |
None |
loyalty programs |
Anywhere that accepts Visa |
Bitget |
None |
Transaction Fee: 0.5% |
1 |
up to 8% |
Merchant Discounts |
Anywhere that accepts Visa |
WhiteBIT |
None |
Transfer fee: 1.5%-2.5% |
any crypto converts to fiat |
None |
loyalty program |
Anywhere that accepts Visa |
Coinbase |
$2 |
2.49% for crypto liquidation |
8 |
4% |
None |
Anywhere that accepts Visa |
Crypto.com |
None |
None |
80 plus |
Max 8% cashback |
10% rebate on each Expedia and Airbnb |
Anywhere that accepts Visa |
Bitpay |
50 bits or $20 |
$2.50 ATM withdrawal, 3% foreign transaction |
7 |
None |
$10 referral bonus |
All 50 US states |
Bitwala |
None |
None |
2 |
None |
30 euros referral bonus, 30 euros first-trade bonus |
European economic area |
Wirex |
Displayed in app |
None |
150+ (including fiat currencies) |
Max 8% cashback |
12% Wirex saving bonus, 500 WXT referral bonus |
Anywhere that accepts visa |
Nexo |
$50 |
1.99 euros ATM withdrawal fee |
40+ |
Up to 2% cashback |
$25 referral bonus, $100 sign up bonus via promo link |
130+ countries |
Are Crypto Debit Cards Safe? Are They Legit?
The short answer is, yes. In fact, it's safe to say that crypto debit cards are safer than conventional debit cards. The main reason for this is that most crypto debit cards are issued by companies that have a long-standing reputation in the financial industry. They're also backed and regulated by major financial institutions in the US and the UK like Visa and Mastercard.
In terms of legitimacy, all the crypto debit cards on this list are 100% legitimate. They're all backed by major financial institutions and they all have a long-standing reputation in the financial industry. So, you can rest assured that your money is safe with any of these crypto debit cards.
Crypto Debit Cards Costs
Different crypto currency cards charge differently for their services. Some of the common charges you should expect include:
Annual or monthly fees: This is a fee that some crypto cards charge just for holding the card. It's usually around $15 per year.
ATM withdrawal fees: This is a fee that you'll be charged every time you make a withdrawal from an ATM. The fee is usually around $0.50 to $0.75.
Transaction fees: This is a fee that you'll be charged every time you make a purchase with your card. The fee is usually around 0.25%.
Aside from the above, you could also expect to pay other fees like foreign transaction fees, currency conversion fees, and so on. Third-party institutions will also charge you for certain transactions like crypto trades and the likes.
Best Credit CardsIs Crypto Card a Good Idea For Me?
If you frequently spend crypto, then getting a crypto debit card is definitely a good idea. Not only will it make spending your crypto easier, but you'll also get rewards and cash back for using your card.
However, be sure to settle on a crypto currency card that charges reasonable fees. You don't want to be paying too much in fees just to use your card. So, if you're looking for a simple and easy way to spend your crypto, then getting a crypto debit card is definitely a good idea.
Where Can I Use a Crypto Card?
You can use a crypto card anywhere that accepts Visa or Mastercard. That said, some cards are only available in certain countries. So, if you're looking to use your card internationally, be sure to check the availability of the card in your country first. Most grocery stores, hotels, restaurants, and retail stores accept crypto debit cards. So, you should have no problem using your card anywhere.
How to Apply for a Crypto Debit Card
Applying for a crypto debit card is pretty straightforward. All you have to d is:
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Visit the website of the card issuer
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Fill out an application form
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Wait for the issuer to review your application
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If your application is approved, you'll receive your card in the mail.
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Once you have your card, you can activate it and start using it right away
And that's it! The application process varies from one card issuer to another. However, they all typically follow the same steps. You can get more information on how to apply for a specific card on the issuer's website.
What is the Difference between Crypto Debit and Credit Card?
Crypto debit cards and credit cards differ in several ways. Here are three differences between Crypto Debit and Credit Cards:
Source of Funds
With debit cards, you can use cryptocurrency in your wallet or account. On the other hand, crypto credit cards enable you to spend your fiat money and even earn cryptocurrency rewards.
Credit Line
Regarding crypto credit cards, the issuing institution provides a credit line that cardholders must repay. However, no credit line is involved with debit cards since you are simply utilising your cryptocurrency.
Rewards
While using credit cards, you can enjoy rewards in the form of cryptocurrency when spending your money. On the contrary, using crypto debit cards offer cashback, no or low fees for membership or purchases made while travelling internationally.
Are Bitcoin Debit Cards Secure?
When it comes to using Bitcoin debit cards, security is a priority. Thankfully reliable card issuers pay attention to security measures. Take various steps to safeguard their users' funds and personal information.
Here are some of the implemented security features:
Two-factor authentication (2FA): This extra layer of security requires users to enter a code sent to their phone or email when logging in or conducting transactions.
Secure sockets layer (SSL): Data transmitted between your device and the card issuer's servers is encrypted with SSL ensuring protection against hackers who may attempt interception.
Use of firewalls to protect client credentials and keep their data and money secure.
If you're interested in finding the best Bitcoin debit cards, crypto debit cards, or crypto cards, there are excellent options to consider. Each card offers its set of features and advantages. To make a choice, it's crucial to conduct research and select the one that aligns best with your requirements.
Summary
Crypto debit cards are becoming more and more popular. They offer a simple and easy way to spend your crypto. Most cards are backed by major financial institutions and they're 100% legitimate. That said, be sure to compare the different card issuers before settling on one.
Make sure to check the fees charged by each issuer and pick one that charges reasonable fees. Also, be sure to check the availability of the card in your country. Some cards are only available in specific countries.
FAQ
Are crypto debit cards safe?
Yes, crypto debit cards are safe. They're backed by major financial institutions and they have a long-standing reputation in the financial industry. So, you can rest assured that your money is safe with any of these crypto debit cards.
Can my crypto debit card expire?
Yes, your crypto debit card can expire. Most cards have a validity of two to three years. After that, you'll have to reapply for a new card.
Can I use my crypto debit card anywhere?
Most places that accept Visa or Mastercard also accept crypto cards. However, you'll have to check with the card issuer to see if the card is available in your country. Also, check with the vendor to confirm whether they accept crypto payments.
Are crypto debit cards legal?
Yes, crypto debit cards are legal. They're regulated by financial institutions and they follow all the necessary KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. So, you can rest assured that using a crypto debit card is perfectly legal.
Team that worked on the article
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.
Over the past four years, Alamin has been working independently and through online employment platforms such as Upwork and Fiverr, and also contributing to some reputable blogs. His goal is to balance informative content and provide an entertaining read to his readers.
His motto is: I can dream or I can do—I choose action.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.