Best Crypto Debit Cards for 2023

Crypto debit cards (sometimes called bitcoin debit cards) allow you to spend your crypto assets in the real world like a standard debit card.

These cards work in one of two ways:

• They link to a crypto wallet or online account where you hold your bitcoin or other crypto assets (like the Coinbase card).
• They convert your fiat to their token that’s held on the card until you use it for payment (like the Crypto.com card).

When you use either card to purchase, your crypto is converted to fiat currency before the merchant processes it.

These debit cards let you easily spend your crypto assets like cash. Unlike crypto credit cards, you are not spending money you don’t have: think of these as prepaid or gift cards loaded up with crypto instead of cash.

In this piece, we’ll show you our picks for the best crypto debit cards, rated and reviewed by our editors.

 

Card	Description	Fees	Crypto Support	Rewards
Coinbase	Visa-backed cryptocurrency debit card.	1.5% fee applies to ATM transactions	Supports more than 250 cryptocurrencies.	Rewards change monthly.
Wirex	Debit card supporting cryptocurrencies and fiat currencies.	No monthly fees. Rewards monthly subscription fee up to $30. 1% fee for funding. Free ATM withdrawals up to $250.	Supports over 150 currencies, including 41 cryptocurrencies.	Up to 8% cashback (paid in X-Points, a unit of Wirex loyalty points.)
Bitpay	Bitpay prepaid Mastercard.	No monthly fees. $2.50 for ATM withdrawals.3% foreign transaction fee.	14, including BTC and ETH.	Dosh powers cash back offers, and percentages change depending on the merchant.
Crypto.com	Visa prepaid card.	No annual fees. Free ATM Withdrawal up to $1000 depending on tier – 2% thereafter.	90 different cryptocurrencies.	Cashback up to 5%, depending on card tier. (Paid in CRO).
Binance	European crypto debit card.	Up to 0.9% ATM withdrawal fee. No annual fee. 2% foreign transaction fee for non-EU holders.	Supports 14 cryptocurrencies.	8% cashback paid in BNB tokens.
Nexo	Visa-based debit card.	No monthly, annual, or inactive fees. No foreign transaction fees.	Supports 20 cryptocurrencies.	7% interest as fiat or 9% as Nexo Tokens.
Quontic	Bitcoin rewards debit card.	2% fee to redeem bitcoin into cash.	Supports bitcoin.	Up to 1.0% cashback as bitcoin.

The Complete List of Crypto Debit Cards: Find The Best Bitcoin Debit Card

Brian Armstrong and Fred Ehrsam founded Coinbase on June 1, 2012, and since then, it’s grown to become one of the world’s largest and most respected crypto companies. (See our piece on How to Invest in Coinbase.)

The company’s crypto debit card allows cardholders to spend cryptocurrencies like bitcoin (BTC) and Ethereum (ETH) anywhere Visa debit cards are accepted at 40M+ merchants worldwide.

The card highlights no fees for transactions or annual memberships. A simple rewards-earning structure is capped only by spending limits, and users can check their monthly allotment on the Coinbase App.

What makes the card especially appealing is that it is tied to one of the largest crypto exchanges in the world. The debit card links to your Coinbase account and all withdrawals come from there.

To get started, you just need to open a Coinbase account or download the app, load it up with crypto, and then request a debit card.

Pros:

• World-class security from a trusted crypto exchange.
• Contactless payments.
• Rewards and cashback.
• 250 crypto assets supported.
• No annual fees.

Cons:

• Unless you are using USDC, a 2.49% fee is charged to convert your crypto into dollars.
• Users need a Coinbase account.
• A 1.5% fee applies to ATM transactions
• KYC required.

Conclusion: The Coinbase debit card is good for customers who need a user-friendly option backed by the leading U.S. crypto exchange.

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Wirex Debit Card

Wirex is a UK-based company offering crypto debit cards for personal and business use. The company provides you with a contactless card and an app to manage it.

Wirex’s main product, the Wirex Visa card, allows you to convert between fiat currencies and cryptocurrency and use either at locations accepting contactless payments.

The card provides generous rewards, and many consider it among the best for consumer perks, like Wirex X-tras, which gives up to 8% crypto cashback, a 12% savings bonus on the balance of your WXT account, and access to exclusive merchant offers.

The Wirex debit card has additional benefits, including a wide range of cryptocurrencies and free or low fees, like free ATM withdrawals up to $250 per month, then 2% after that.

Customers might notice that the X-Points Rewards program requires a paid subscription of at least $9.99/month or $102/annually to join the program.

And that’s only to get the 4% crypto-back reward.

To get the full 8% rewards program, you must join their Elite Membership, priced monthly at $29.99 or annually at $306.

Register, verify your account, add funds, and order a Wirex card online or via the app to get started.

Pros:

• Fees: No monthly maintenance fees. 1% account funding fee.
• Cashback rewards.
• 41 crypto assets supported.
• Availability: Widely available globally.
• Easy to use.
• Free ATM withdrawals up to $250 per month.

Cons:

• Rewards program fees are expensive and will likely outweigh any benefit.
• Limited availability worldwide.
• You need Wirex tokens – the company’s in-house crypto asset – to get the best rewards.

Conclusion: The Wirex debit card is good for customers who want a low-fee card and easy access to a wide range of currencies and fiat — if available in your country.

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BitPay Debit Card

BitPay is an American company that provides bitcoin merchant processing services. It also offers bitcoin payment processing solutions to businesses.

With 13 supported cryptocurrencies, the BitPay Debit Card can process domestic and international transactions with cryptocurrency, so long as the processor accepts Mastercard.

BitPay offers cashback rewards with over 100,000 merchants; rewards vary depending on the merchant.

Its crypto debit card links to your wallet through the BitPay app. You can then top up your crypto debit card via the app to convert your crypto and start spending. You can also top up the card from your Coinbase account.

Download the app, set up the wallet, and order your debit card to get started.

Pros:

• No exchange or conversion fees in the U.S.
• No annual fees. $2.50 ATM withdrawal fees apply.
• No withdrawal limits.

Cons:

• Limited to the United States.
• Deposited crypto is exchanged for USD and cannot be converted back.
• Only 15 cryptos are supported.
• 3% foreign transaction fee.

Conclusion: The BitPay debit card is good for U.S. residents who don’t want to pay exchange fees and are happy with a limited range of cryptocurrencies.

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Crypto.com Debit Card

Crypto.com is a Hong Kong-based crypto exchange platform providing bitcoin debit cards, cryptocurrency wallets, and other products.

The crypto debit card uses Crypto.com’s CRO currency. Funds added to the card are converted to CRO, and CRO must be staked to earn cashback rewards – which are also paid out in CRO. Be sure you research CRO before investing in this token; Crypto.com has aggressively marketed its brand, but the price is volatile.

To apply for a Crypto.com Visa debit card, sign up for a Crypto.com account, complete their KYC verification, purchase CRO tokens, and order your new Visa Card by locking up the minimum CRO for at least six months.

On top of its long list of benefits, the Crypto.com debit card also offers monthly reimbursement of up to one subscription or 10% of a specified limit to Spotify, Netflix, Amazon Prime, Expedia, and AirBnB.

The card allows you to spend your cryptocurrencies anywhere in the world that Visa is accepted.

Pros:

• Top up with crypto and fiat currencies.
• No annual fees.
• Over 90 cryptocurrencies available.
• Cashback rewards.

Cons:

• 2% withdrawal fee past $1,000 per month.
• 3% on all non-USD purchases and ATM withdrawals for all tiers except Obsidian
• Cardholders must hold Crypto’s CRO tokens. (See historical price here.)

Conclusion: The Crypto.com debit card is good for customers who want access to various cryptocurrencies and cards with various rewards.

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Binance Debit Card

Binance is the largest cryptocurrency exchange worldwide; the company launched its crypto debit card in 2020 to generally favorable reviews.

The card is available in physical and virtual form for offline and online spending. Its low monthly fees and high cashback levels make it a favorite among European consumers.

With the Binance debit card, users can earn up to 8% cashback every time they spend, which is deposited back into their funding wallet. This card has one of the lowest fees, with no sign-up, withdrawal, or issuance fees. However, note crypto conversion fees of up to 0.9% and applicable third-party fees.

If you’re a Binance customer, you can order their card from your Binance account or use the “Card” link at the bottom of the Binance page. You should know that the Binance Card is available only to European Economic Area (EEA) residents, Argentina, Brazil, Columbia, Peru, Bahrain, and Mexico.

You can start spending once you add funding from Binance’s “Spot” wallet and transfer it to the “funding” wallet.

Pros

• Cashback for every purchase. The amount depends on your card level and BNB in your account.
• Cost-effective.
• No fees.
• Crypto remains in your funding wallet at Binance—no need to load the card.

Cons

• Limited availability.
• You must have large amounts of money to reach the highest cashback levels.
• 2% foreign transaction fees for Out-of-Europe purchases.

Conclusion: The Binance debit card is good for European customers who want high cashback levels.

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Nexo Debit Card

The Nexo Card is provided by Nexo, a crypto lending service that has grown into a large ecosystem that comprises exchange operations and a proprietary wallet and card. You can manage the card conveniently from the Nexo Wallet App.

Unlike other debit cards, there is no need to load the Nexo card. Instead, it uses a line of credit linked to your held cryptocurrencies. You can opt for APR repayments as low as 0% or increase your line of credit with rates as high as 13.9%. The line of credit functionality means that, unlike credit cards, there are no minimum monthly payments.

Nexo users can pay with the Visa-based card at over 40 million merchants worldwide. In addition, it supports up to 20 cryptocurrencies, including bitcoin, Ethereum, and NEXO (the platform’s native token).

With the card, Nexo provides a €10,000 limit for foreign transaction fees and ten free ATM withdrawals of up to €10,000 each month. Additional withdrawals are charged €1.99 per transaction.

The great thing about the card is that it has no annual or inactivity fees. Interest rates on debit card mode reach 9% interest with NEXO tokens. You have to download the app and order the card to get started. Make sure to have Apple Pay or Google Pay ready to settle your outstanding totals quickly.

Pros:

• There is no annual or inactivity fee.
• Multiple digital currencies are supported.
• The card is part of Nexo, a crypto-lending service that enables users to earn generous interest.
• 9% daily compound interest with NEXO tokens.

Cons:

• It can be used only by those in the Nexo ecosystem.
• Only available to residents of the European Economic Area (EEA).

Conclusion: For European consumers, the Nexo Card gives users access to a crypto lending ecosystem that provides cash-back benefits with no annual fees.

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Quontic Debit Card

The Quontic Debit Card is provided by Quontic Digital Bank, which is looking to establish its presence in the Web3 ecosystem through its Decentraland outpost, Quontic Pay Ring, and Bitcoin Rewards System.

The Quonic Debit Card rewards users up to 1.5% cashback in bitcoin for qualified transactions. (ATM withdrawals, transfers, bill payments, and wire transfers will not earn bitcoin rewards.) Bitcoin is accrued through NYDIG; proceeds are transferred to your Bitcoin Rewards Checking account with Quontic.

Quontic has eliminated 12 deposit-associated fees, including overdrafts and wire transfers. Know that NYDIG charges a 2% fee to redeem your bitcoin, and a minimum opening deposit of $100 with Quontic is required to get started.

Pros:

• No monthly service fees
• Access through 90,000+ ATMs
• Unlike travel redemptions or gift cards, bitcoin rewards have no expiry date.
• FDIC-insured up to $250,000 per qualified account.

Cons:

• Only supports bitcoin.
• Requires a $100 minimum deposit.

Conclusion: Though Quontic only currently offers support for bitcoin, this debit card is good for customers looking to join a Web3-centric digital bank.

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Pros of Crypto Debit Cards	Cons of Crypto Debit Cards
You can spend digital currencies such as stablecoins. Many crypto debit cards provide generous cash-back rewards. The foreign conversion fees are generally low.	Card providers may charge maintenance fees and other commissions. Holding funds with your crypto debit card provider is generally less secure than a hardware wallet. Cryptocurrencies are highly volatile.

If you’re looking for a more visual breakdown of the best crypto debit cards for you, check out this video from Minted Max:

What is a Crypto Debit Card?

A crypto debit card is a payment card that allows the holder to use cryptocurrencies as part of a typical transaction. These debit cards allow users to make payments by deducting money directly from a their crypto account. The platform providing the card will exchange crypto for fiat currency to support the user’s transactions.

Crypto Debit Cards vs. Crypto Credit Cards

Three primary differences exist between a crypto debit card and a crypto credit card. Here’s a quick breakdown of the differences:

Why Use Crypto Debit Cards?

Crypto debit cards offer an array of benefits that include:

• Flexibility: With crypto debit cards, users can spend their cryptocurrency in real-world scenarios, even at places that traditionally don’t accept cryptocurrency.
• Convenience: Handing a debit card is more convenient than fumbling for cash or checking your pockets for direct change. Because they draw funds directly from a wallet, transactions are processed quicker than a credit card.
• Push for adoption: Using crypto debit cards helps promote the mainstream adoption of cryptocurrencies. If more institutions were to adopt crypto, your coins would be worth more.

Tips on Finding The Best Crypto Debit Card in the USA

There’s no perfect crypto debit card; only the right one for you. Consider these factors to choose a card that matches your spending patterns, lifestyle, and choice of cryptocurrency.

• Know the Supported Cryptocurrencies: Not all crypto debit cards support every cryptocurrency. Make sure to double-check that your card supports the specific crypto you own.
• Understand the Fees: Fees can quickly eat into your funds if you use your card often. Before applying for a debit card, examine its fee structure. Cover the basics and be aware of all associated costs. Also, understand your debit card’s annual, transaction, withdrawal, and conversion fees.

Some cards operate with a native token, which might offer holders lower fees if they choose to stake.

• Geographical Availability: With crypto regulation varying heavily between countries, you should check if your card is accepted in the regions you plan to frequent. Country-specific restrictions also apply online, so check if the card can be used for online and physical merchants.
• Consider Staking or Holding Requirements: If you want to maximize your crypto debit card, check out if they offer enhanced rewards or reduced fees if you stake a certain amount of the provider’s native cryptocurrency. Some cards even require you to stake with their native token to use the card at all.

Crypto.com’s Obsidian card, for example, is well-known for requiring holders to lock up at least $400,000 to receive 5% cashback rewards and benefits spanning everything from free Spotify, Netflix, Amazon Prime, and airport lounge access.

• Optimize Rewards and Benefit: Optimizing for cashback rewards programs and incentives can add significant value to your transactions. Make sure to compare different rewards programs from the cards, comparing the percentage of cashback, how rewards are paid out, and if certain conditions are required to earn the maximum reward.

Investor Takeaway

Just as people use credit cards for everyday purchases to earn reward points (travel rewards, cashback rewards, etc.), crypto investors can use crypto debit cards to earn rewards.

The challenge is avoiding fees: In addition to the fees of transferring your fiat into crypto (the “on-ramp”), think about the fees of opening the card, loading the card, and using the card (the “off-ramp”).

Before opening any crypto debit card, do a back-of-the-envelope calculation to figure out your average monthly spend and all the fees that will be associated with it – be sure the rewards outweigh the costs.

Additionally, crypto debit cards pull directly from your account, and crypto debit cards convert your crypto into their native token.

Smart investors will only change their crypto into a third-party token that can fluctuate in value if they want to use it immediately, and the rewards outweigh the risks.

 

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