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Pionex announced the availability of its cryptocurrency debit card, which allows users to spend USDT at global merchants, offers 1% cashback on eligible purchases, 5% interest on card balances, and has no issuance or annual fees.
Pionex has launched the Pionex Card, a cryptocurrency debit card enabling users to spend USDT at merchants worldwide that accept Visa or Mastercard. The card includes 1% cashback on eligible transactions, 5% annual interest (APR) on USDT balances held in the card account, and does not charge issuance, annual, or physical card delivery fees; only virtual cards are widely available while physical cards are invitation-only.
The card integrates with major mobile wallets for contactless payments, features defined spending limits, and requires eligible applicants to meet specific verification and minimum balance criteria. Recent program adjustments have reduced the cashback rate to 0.1% for local USD spending as of March 20, 2026, and certain transactions and merchant categories are excluded from cashback. Users must transfer funds into a separate card account before spending, and card management options are available through the app.
To get the Pionex Card and participate in the cashback and interest rewards, log in to your Pionex account and navigate to the Wallet → Card section or the dedicated Card page. Apply for a virtual card by completing KYC Level 2 and ensuring you meet the minimum USDT balance and verification requirements. Once approved, transfer USDT to your card account to begin spending and earning rewards. For more details or to start the process, visit the official sign-up link.
Pionex is a Singapore-based cryptocurrency exchange operating since 2019 under a US Money Services Business (MSB) license. The platform enables both manual and automated crypto trading, including access to over 300 trading pairs, built-in trading bots (16 types), leverage options, and security features such as 2FA and cold wallet storage. More information can be found in the Pionex broker profile on Traders Union.
In our previous Pionex update on Traders Union, we covered the launch of the SPCX High Yield Earn product, which allowed users to deposit SPCX tokens for up to 13.5% APY with flexible terms and hourly rewards. For more details, see our previous Pionex update on Traders Union.